Main news of October 11

WORLD

* Russia and the West were united in condemnation of Ukraine over the guilty verdict and seven year sentence handed to former Ukrainian Prime Minister Yulia Tymoshenko

RUSSIA

* Russian Prime Minister Vladimir Putin said:

– He expected to complete talks on Russia’s accession to the World Trade Organization by year-end

– Economic cooperation of Russia and China is not limited to fuel supplies as the two states are involved in numerous projects in traditional cooperation areas and high-tech industries

– Moscow and Beijing are close to signing a long-awaited 30-year gas deal

– He is convinced that the “tandem’s” idea to redistribute power will strengthen the country, and that he expects to get electoral support

BUSINESS

* Russia and Ukraine will honor the current bilateral gas contracts until new agreements are signed, Russian gas monopoly Gazprom said

* Belarusian President Alexander Lukashenko agreed that Russia should build the country’s first, $9 billion nuclear power station