It is estimated that from 2005 to 2020, the total principal and interest of foreign debts that Russia has to repay will reach US$212 billion, of which US$70 billion is the interest arising from debt restructuring. The upcoming 2008 is the peak year for debt repayment, and the foreign debts that Russia has to repay will reach US$15 billion. Even if borrowing new debts to repay old debts, it only means concentrating the repayment period to 3 to 5 years. This not only cannot fundamentally reduce the debt repayment burden, but also may form a new debt repayment peak.

The reduction in the amount of foreign debt in the Russian Federation is mainly due to the continuous repayment of the Soviet Union's foreign debt, but Russia has paid a large amount of funds to repay debts and interest. Due to Russia's lack of equal access to the international capital market, the lack of a complete legislative and supervisory mechanism, the lack of a unified organizational system and action guide, the lack of a unified strategy for national debt management, and the Russian government is struggling in the field of national debt management.

After hearing Jiang Feng's words, Putin felt a hundred times more energetic. No wonder he said that political achievements are the magic pill for politicians. Now such a big cake is in front of him. Putin cannot help but say that the temptation is too great and he has no reason to refuse.

However, Putin was not an ordinary person after all, so he still held back. He said to Jiang Feng: "I need to consider this matter."

Jiang Feng naturally didn't care much about himself. In fact, he had seen it very clearly. Putin was moved. The reason why he would hold it back now was to grasp it. At least he explained to Medvedev, who was about to take over the political affairs, that the two of them would discuss whether they could do this and what to do. So Jiang Feng quickly said goodbye.

Sure enough, after Jiang Feng left, Putin asked the staff to quickly contact Medvedev, who was negotiating with other departments, to discuss important matters.

After Medvedev rushed back in a hurry, he saw Putin looking confident.

"Dmitry, there is something big to tell you today." Putin said to Medvedev with excitement when he saw him arrive. "The Jiang Consortium is interested in joining our domestic mineral resource development. The initial investment is about 30 billion US dollars. At the same time, the Jiang Consortium also expressed that it is willing to provide 50 billion US dollars of interest-free loan economic assistance to help us repay loans from Western countries as soon as possible and to free ourselves from the heavy economic burden."

Medvedev was also stunned after hearing this. At this time, he was only in a high position in the political axe and was preparing to take over Russia entrusted by Putin, but he did not really enter the role of the master of this country, so he could not truly understand Putin's intentions for a while.

"Will this resist the tiger at the front door and the wolf at the back door?" Medvedev was very worried about sending away a plague god, and then another plague god came in. Who knows what Jiang Feng would do? You must know that this is not a good person, otherwise how could he become the world's richest man in his prime and have a net worth of hundreds of billions of dollars?

Putin shook his head with a smile, and then in a good mood, he talked to Medvedev concisely and concisely, and finally said: "Just taking Mongolia's exploration rights and mining rights to pay off, we have no loss, but what we exchanged for is an incalculable benefit. I think this matter can be considered seriously."

"Since the President thinks it is feasible, I don't think there is anything to object to." Medvedev said after thinking about it for a moment, "but the other party doesn't even care about the controlling rights. Obviously, it means that we are more confident in our political axe. For this reason, we should also preferentially in the economic policies we implement to them, and at least we should treat them more preferentially than other foreign companies."

Because Jiang Feng knew that Medvedev would take over as Russian president after Putin's term expired, although Putin is still the de facto number one in Russia, Medvedev is not completely a puppet after all, so in recent years, the Jiang Consortium and Medvedev have a good relationship with him, and he has given him many gifts. Medvedev also has a good impression of Jiang Feng.

Moreover, because he is about to take over, Medvedev has considered more things, especially because he knows that Jiang Feng has a significant influence in China and his significant influence in the world economy. If the cooperative relationship between Russia and the Jiang Consortium can appear in front of the world as a successful model, it will play a very important role in promoting Russia's future foreign development. This aspect is of great significance, so he proposed to take care of the Jiang Consortium.

"The Chinese have an allusion called buying horse bones for a thousand gold coins, and we can also imitate them. Moreover, the Jiang family consortium is a real horse that is worthy of our kindness. If Russia's economy wants to recover, it is very necessary for these powerful large enterprises to participate in domestic economic construction." Weide Jiang Feng continued to say to Putin.

Putin nodded in agreement, satisfied with the opinions of the successor he chose.

Two days later, Putin held formal talks with Jiang Feng and set up a major framework for cooperation between the two sides.

According to the unwritten agreement, Putin promised to open up channels for Jiangfeng to enter the Mongolian resource market, and Jiangfeng also promised to directly invest 50 billion US dollars in economic aid to Russia. The mortgage of this part of the economic aid can be used to exchange Russia's mineral resources and oil and gas resources. However, compared with Western countries, Jiangfeng slowed down the repayment period and stated that it was a completely interest-free loan.

When Putin left in the end, he took the 10 billion US dollars of funds that Jiang Feng had already received in advance. Obviously, this part of the funds is of great significance to Russia at present. Instead of asking for negotiations with Western countries to obtain billions of dollars in aid like toothpaste, it is easier to exchange interests with Jiang Feng.

However, Putin did what he said. A week later, Mongolia sent an invitation to the Jiang Consortium, expressing its hope that the Jiang Consortium will enter Mongolia's resource market and carry out friendly development.

After receiving the notice from Mongolia, Jiang Feng began to call on relevant senior executives from the company to come to the capital almost immediately to prepare to go to Mongolia for negotiations, and also notified technicians who had achieved some achievements in mineral resources exploration in Africa and Sanfoqi to prepare to go to Mongolia.

After the staff arrived, Jiang Feng took a huge inspection team to Mongolia.

In the past twenty years, since the implementation of the wise reform and capitalist system, Mongolia, a major grassland country, has been fighting against poverty, corruption and unfair mineral distribution. As one of the world's most barren countries, more than one-third of the population lives below the poverty line, and ironically, Mongolia has rich minerals.

With rich minerals that even foreigners come to hunt for gold, the people of their own country are struggling on the poverty line, the inflation rate is as high as 30%, people keep complaining about the corruption, officials cannot reach a consensus on the issue of mineral control, and the situation in Mongolia can be said to be a mess.

Mongolia has a land area of ​​1.56 million square kilometers and a population of only more than 2 million. Almost all the scarce mineral species in the world can be found in Mongolia, which is vast and sparsely populated. Most of the mineral deposits are still in an undeveloped state and have a promising prospect. For many years, how to control foreign-invested enterprises into the field of mineral exploration and development has been the most sensitive topic in Mongolia's political arena.

Mongolia is rich in copper, gold, silver, iron ore, phosphorus and zinc resources. They are all buried under the vast grasslands. Moreover, Mongolia is also the largest known coal mine owner, with uranium resources ranked third in the world, and silver mines are also among the best in the world. According to the speculation of Jiangfeng's resource management team, Mongolia has about 3,000 tons of gold mines, more than 30 million tons of copper mines, and about 50 billion tons of high-quality coal mines waiting to be mined.

Although most of the FDI entering Mongolia continues to be concentrated in the mining industry, its real growth rate in 2007 was only 1.7%, and it mainly comes from coal mining. The tertiary industry continues to show strong growth, with growth drivers mainly occurring in the areas of transportation and trade.

Inflation rose in 2007 and reached a high of 15.1%, the highest level in 10 years, and the reason for this was due to rapid growth in currencies, increased wage levels in public sectors and the price of some major imported commodities.

In 2007, the money supply increased by 56.3%, the issuance of currencies in circulation increased by 48.5%, and the overall loan scale increased by 68.1%. The targets of loans are mainly aimed at the private sector (an increase of 83.8%). Some monetization work in the economic sector is still in progress. Compared with other developing countries with similar national conditions, Mongolia's monetization level is still very low.

Compared with strong momentum import growth, the report formally mentioned the decline in exported gold mines, which led to a trade deficit in 2007. Since the implementation of the policy of levied additional income tax on exported gold mines and copper mines, the number of exported gold mines officially counted as more and more smuggled out of the country has begun to decline, and these informal export trade networks are mainly aimed at evading taxation.

The positive price trends of gold and copper mines in the international export market over the past year have been trumping the many negative effects of the payment of additional income tax on export gold mines. In addition, the growth of import trade continues to maintain a high rate, which is caused by its strong economic growth, which stimulates continued demand for many consumer and investment products.

Statistical results show that the foreign trade deficit in 2007 reached US$228.3 million, an increase of 22.5% compared with exports a year ago, with exports of US$1.8889 billion; imports increased by 42.5%, with imports reaching US$2.117.3 billion.
Chapter completed!