economy friendly

Kid-Friendly Minecraft Server Launches Bitcoin Economy

Kid-Friendly Minecraft Server Launches Bitcoin Economy

A multi-player server on the wildly popular video game Minecraft has introduced bitcoin to its world as a way of teaching children about digital currency.

While in-game currencies exist in several different minecraft worlds, using bitcoin means that players can take their money out of the game and use it in the real world too.

The server, PlayMC,features an in-game currency called ‘bits’ which…

View On WordPress

Kid-Friendly Minecraft Server Launches Bitcoin Economy - CoinDesk

Kid-Friendly Minecraft Server Launches Bitcoin Economy – CoinDesk

Kid-Friendly Minecraft Server Launches Bitcoin Economy
CoinDesk
Of course, anyone wishing to turn their bits into fiat currency will still need to go through a bitcoin exchange, which have similar verification requirements to banks. This could actually promote a bitcoin-based economy by engaging users who can’t

View On WordPress

New Post has been published on Cryptonewz.com

New Post has been published on http://cryptonewz.com/kid-friendly-minecraft-server-launches-bitcoin-economy/

Kid-Friendly Minecraft Server Launches Bitcoin Economy

A multi-player server on the wildly popular video game Minecraft has introduced bitcoin to its world as a way of teaching children about digital currency.

While in-game currencies exist in several different minecraft worlds, using bitcoin means that players can take their money out of the game and use it in the real world too.

The server, PlayMC, features an in-game currency called ‘bits’ which the company has set at 100,000,000th of a bitcoin (commonly known as a ‘satoshi’). The unit was chosen for its ease-of-use, as it represents a whole unit and allows players to be rewarded seemingly on a larger scale.

With additional opportunities for players to spend their bits on classes, items and other additional content within the game, PlayMC says it provides a “safe gaming environment for kids to enjoy and have the opportunity to earn their own money”.

Minecraft for the uninitiated

As the third best-selling video game of all time, Minecraft has sold over 60 million copies. Especially popular with younger people, it allows players and game developers to build worlds from 3D blocks not unlike digital Lego.

Everything in the game is based on these blocks, which can either be destroyed or moved and placed to create anything within a player’s imagination. It is an open-ended world with a high degree of flexibility as to what is possible, though some elements of the world are consistent across the different games.

Players can play alone or connect to servers like PlayMC, allowing multi-player games and interaction in the online world with thousands of other players.

Plugins allow game creators to determine the nature of play and objectives of the game, which usually involves players acquiring resources in order to build tools and structures, and sometimes fight off enemies.

PlayMC’s bitcoin economy

PlayMC’s server has plugins that change the main Minecraft game into mini-games, where players either cooperate or fight against each other to win. Each game has different objectives and different ways for players to earn their bits.

A company spokesperson said:

“For example in our game type ‘ArcherGames’ players fight each other in a last man standing game mode. Each player is rewarded a small amount of Bits for killing other players and if they come in first, second or third they are rewarded with a larger amount of Bits.”

As well as awarding bits for standard play actions like kills and wins, PlayMC also allows its players to earn them for winning tournaments and powerups, and in non-game actions like bug reporting, blog post writing, bounties, and acting as server staff.

No parents had yet approached the company for more information on bitcoin but plenty of young players have been actively trying to understand digital currency, the spokesperson said.

Most of the team’s time is now spent clearing up misconceptions about bitcoin and providing links that explain bitoin in simple terms.

PlayMC also has an extensive explanation of bitcoin and its in-game ‘Bitconomy’ on the company website.

E-commerce for kids

PlayMC follows in the footsteps of other bitcoin-oriented Minecraft servers such as BitQuest, though PlayMC is aimed specifically at children.

One of bitcoin’s touted advantages is the way it provides access to electronic payments to those under 18. Children generally have restricted access to banks or credit card accounts.

Of course, anyone wishing to turn their bits into fiat currency will still need to go through a bitcoin exchange, which have similar verification requirements to banks. This could actually promote a bitcoin-based economy by engaging users who can’t easily escape it.

PlayMC was founded from a partnership between AcroMedia and developer Brandon Gordon, the latter of whom has been involved with Minecraft for five years and bitcoin for three. Given his personal interests, incorporating bitcoin into the game “seemed like a no-brainer,” he said.

The server was founded to introduce new levels of reliability to Minecraft, which often have an ‘anything goes’ reputation and servers come and go with regularity.

It boasts 99.9% uptime and is regularly updated to the latest Minecraft version. Its community is always able to make suggestions and the focus is being as kid-friendly as possible.

Minecraft image via Shutterstock

GamingKidsMinecraft

Biz-friendly France? Economy chief in US to seek investment

World

Biz-friendly France? Economy chief in US to seek investment

France’s economy minister is heading to the U.S. on Wednesday to urge more American companies to invest in the country, as he tries to reform the rules and image of a nation with a reputation for strikes and high labor costs.Macron, a former investment banker, is touting the creativity of French start-ups, especially in digital technology and biotechnologies. The government launched this year “French tech visas” to attract young entrepreneurs from abroad willing to create start-ups in France.Macron prompted a rebellion within his own Socialist Party for trying to loosen up hard-fought labor protections in a law that bears his name and is working its way through parliament.But he’s not stopping there.

We need more flexibility, stability and predictability on the labor market.

percent unemployment rate that French President Francois Hollande

The government considers that current labor laws are discouraging hiring, because it is so costly and difficult to lay off or move around workers during a downturn.The government isn’t just looking for French investment but wants U.S. investment too — and Macron isn’t shy about praising the more flexible American model. That’s especially surprising for a French leftist, in a country where worker protections were long considered a sacred accomplishment of the modern era.Macron meets entrepreneurs in New York and Harvard students and biotech executives in Boston.

If we want more flexibility, we have to decrease the role of the state, and to give more flexibility on the ground to people through contracts, corporate agreements and branch agreements.

percent unemployment rate that French President Francois Hollande

Biz-friendly France? Economy chief in US to seek investment

PARIS (AP) — France’s economy minister is heading to the U.S. to urge more American companies to invest in France, as he tries to reform a country with a reputation for strikes and high labor costs.

Biz-friendly France? Economy chief in US to seek investment

Biz-friendly France? Economy chief in US to seek investment

PARIS (AP) – France’s economy minister is heading to the U.S. to urge more American companies to invest in France, as he tries to reform a country with a reputation for strikes and high labor costs.

Macron, a former investment banker, is touting the creativity of French start-ups, especially in digital technology and biotechnologies. The government launched this year “French tech visas” to attract young entrepreneurs from abroad willing to create start-ups in France.

Macron has drawn the ire of his own Socialist Party for trying to loosen up hard-fought labor protections — but he’s not stopping there. He told journalists this week that he wants to “accelerate” and promised another reform to “modernize the labor market” for this autumn.

He visits New York, Boston and Washington on the trip starting Wednesday.

Biz-friendly France? Economy chief in US to seek investment

PARIS (AP) – France’s economy minister is heading to the U.S. to urge more American companies to invest in France, as he tries to reform a country with a reputation for strikes and high labor costs.

Macron, a former investment banker, is touting the creativity of French start-ups, especially in digital technology and biotechnologies. The government launched this year “French tech visas” to attract young entrepreneurs from abroad willing to create start-ups in France.

Macron has drawn the ire of his own Socialist Party for trying to loosen up hard-fought labor protections — but he’s not stopping there. He told journalists this week that he wants to “accelerate” and promised another reform to “modernize the labor market” for this autumn.

He visits New York, Boston and Washington on the trip starting Wednesday.

Biz-friendly France? Economy chief in US to seek investment

PARIS (AP) — France’s economy minister is heading to the U.S. on Wednesday to urge more American companies to invest in the country, as he tries to reform the rules and image of a nation with a reputation for strikes and high labor costs.

Macron, a former investment banker, is touting the creativity of French start-ups, especially in digital technology and biotechnologies. The government launched this year “French tech visas” to attract young entrepreneurs from abroad willing to create start-ups in France.

Macron prompted a rebellion within his own Socialist Party for trying to loosen up hard-fought labor protections in a law that bears his name and is working its way through parliament.

But he’s not stopping there. He told journalists this week that he wants to “accelerate” and promised another reform to “modernize the labor market” for this autumn.

“We need more flexibility, stability and predictability on the labor market,” he said. “If we want more flexibility, we have to decrease the role of the state, and to give more flexibility on the ground to people through contracts, corporate agreements and branch agreements. That’s a big reform.”

The stakes are high. France’s economy has long been stagnant and has a 10 percent unemployment rate that French President Francois Hollande has made it his mission to bring down.

His bill would notably allow stores to open 12 times a year on Sunday instead of five — not a huge change but dramatic for France. Another measure would reform labor courts. The government considers that current labor laws are discouraging hiring, because it is so costly and difficult to lay off or move around workers during a downturn.

The government isn’t just looking for French investment but wants U.S. investment too — and Macron isn’t shy about praising the more flexible American model. That’s especially surprising for a French leftist, in a country where worker protections were long considered a sacred accomplishment of the modern era.

Macron meets entrepreneurs in New York and Harvard students and biotech executives in Boston. He’ll then meet in Washington with Treasury Secretary Jacob Lew and officials from the International Monetary Fund.

7 ways to boost a city's music economy | Music Week: Home Stream

Reposted from http://ift.tt/1MaHQlg on June 05, 2015 at 08:51AM


The IFPI and Music Canada have published a seven point checklist to help local authorities, businesses, community groups and the creative sector capitalise on nurtue ‘active music hubs’ in cities and reap the benefits.

Launched at MIDEM, The Mastering of a Music City report cites examples from 22 cities from all continents to explain what a music city is, why it is beneficial, and the most effective strategies and policies that can be implemented to nurture active music hubs.   

It identifies the following as key to growing and strengthening a city’s music economy:

- Music and musician-friendly policies, from licensing and liquor laws to parking and planning regulations to affordable housing and artist entrepreneur training.

- The creation of Music Offices to help musicians and music businesses navigate the broad range of government policies and regulations that impact music.

- The formulation of Music Advisory Boards to engage the broader music community in a collaborative way and to facilitate dialogue with city governments.

- Engaging the broader music community to ensure the people most affected by music policies are involved and informed.

- Access to spaces and places for artists to practice, record, and perform at every stage of their career.

- A focus on audience development, ensuring that there is an engaged and passionate audience for local musicians as well as international touring artists, now and into the future.

- Music tourism or the development of a Music City brand to leverage a thriving live music scene, rich music history, or large music festivals in order to reap the significant benefits associated with music.

“We’re delighted to be a partner in the Music Cities project, and we will work with our affiliates in 57 countries to spread the good work that Music Canada has been doing elsewhere in the world,” said IFPI chief executive Frances Moore. “They will be taking this report into City Halls worldwide, recognising that each place has different needs and priorities, but urging leaders to seize the common advantages offered by a growing music economy.

“We realise this will benefit the recording industry too, and that is the other reason we are co-sponsoring the report. Our job at IFPI is to improve the environment in which our member companies operate and this is one way that we can do that. Just imagine a world where you can go from country to country and find music cities in every one. That would be good for artists, good for record companies, good for city leaders and good for the wider public that just wants to enjoy great music.”

Graham Henderson, president and CEO, Music Canada, said: “A vibrant music sector delivers an extensive array of social, cultural and economic benefits to its community; from job creation and retention to city identity and music tourism, to social cohesion, music can play an essential role.

“Communities of any size, anywhere in the world, can assess the extent to which they have the essential ingredients for a Music City, and deploy the strategies successfully used in the likes of Nashville, Melbourne, Toronto, Berlin and other renowned Music Cities, in order to enhance or grow theirs.  These strategies don’t necessarily require heavy investment - addressing red tape and establishing dialogue between leaders in the music community and city officials are inexpensive ways to grow music’s contributions.”

sott.net
India and Vietnam deepen integration with Eurasian Economic Union -- Sott.net
Since the launch of Doi Moi (Renovation) in 1986, Vietnam has leapfrogged from a centrally planned economy to a market-driven one and has undertaken comprehensive reforms to make the economy market-friendly. The various market-oriented reforms...

India and Vietnam Deepen Integration With Eurasian Economic Union

Rajaram Panda - 03 Jun 2015

Since the launch of Doi Moi (Renovation) in 1986, Vietnam has leapfrogged from a centrally planned economy to a market-driven one and has undertaken comprehensive reforms to make the economy market-friendly.

The various market-oriented reforms have helped encourage competition among economic units, which have helped boost the nation’s gross national wealth.

There were three thrust areas where the reforms were focussed: improvement of institutions with enabling motives, stabilisation of macroeconomic situations and pro-active integration into the regional and world economy.

In a world of increasing economic interdependence, the economies of nations are so closely interlinked that any adverse development in one country can have crippling effect on other nations.

This calls for constant coordination of policies that serve the common goals - that is fostering economic prosperity across nations and beyond boundaries.

The regional and international organisations dealing with economic issues also help in mitigating contending issues when they arise.

Besides, there is a flurry of bilateral and institutional arrangements across continents that also facilitate economic integration process.

In this, Vietnam is a front runner in becoming proactive in fostering international economic integration and enhanced all available opportunities to boost external trade.

Besides signing bilateral trade agreements, Vietnam joined the Association of South East Asian nations (ASEAN) and the associated Free Trade Area (AFTA) in 1995.

In 1998, it joined the Asia Pacific Economic Cooperation (APEC).

Since 2000, Vietnam has accelerated the economic integration process and entered into the most comprehensive bilateral trade arrangement with the US, before entering into various multilateral free trade agreements (FTAs) within the ASEAN framework such as ASEAN-China FTA, ASEAN-Korea FTA, ASEAN-Australia-New Zealand FTA, ASEAN-Japan Comprehensive Economic Partnership, ASEAN-India FTA.

In 2007, it became a member of the World Trade Organisation.

These however did not complete Vietnam’s economic integration process.

Vietnam started negotiations with the Eurasian (Economic) Customs Union (EEU) of Belarus, Kazakhstan and Russia in March 2013.

This was concluded in December 2014 in Vietnam’s Kien Giang province in a ceremony witnessed by Prime Minister Nguyen Tan Dung.

The document was signed on 29 May 2015 in the village of Burabay (Kazakhstan) at the meeting of the Eurasian Intergovernmental Council after finalizing some technical details.

The EEU is an international economic union of Russia, Belarus, Kazakhstan, and Armenia.

The agreement is the first international comprehensive preferential document with a country of the Asia-Pacific region that EEU signed regulating all aspects associated with the movement of goods and services such as reducing or waiving tariffs for many goods, and that creates a free trade zone between the EEU and a third party.

Russian Prime Minister Medvedev was quoted to having said that the FTA “will reduce or waive tariffs for many goods”, though tariff protection will remain for some of the more sensitive categories.

The parties also signed an agreement on the movement of ozone-depleting substances and products containing them and the tracking of ozone-depleting substances in the mutual trade between the member states of the Customs Union and the Single Economic Space.

Which way Vietnam is going to benefit apart from tariff reduction?

The FTA with EEU is not only in pursuance with Vietnam’s open-door economic integration strategy, but it would also facilitate liberalisation of trade and result in higher economic and trade cooperation between Vietnam and the EEU, apart from boosting investment.

Specifically, the FTA covers trade, custom facilitation, intellectual property, investment, legal issues, military industries, rules of origin, animal and plant quarantine, and lifting legal and technical barriers to trade.

From now on, Vietnamese exports can enjoy preferential tariff treatment and that would facilitate increased exports of agricultural products, seafood, textile and garments, and wooden furniture.

Similarly, goods imported from the EEU shall receive preferential tariffs and these include machinery, vehicles and livestock products.

Vietnam and Russia aim to have their bilateral trade to reach $10 billion by 2020. Currently, Russia has invested $2 billion in 104 projects in Vietnam, including $1.12 billion in 32 projects in the manufacturing and processing sector.

Twenty-seven per cent of Russian investment is in the oil and gas sector.

This is distributed as $ 1 billion in Binh Dinh province, $129.5 million in Hanoi, and $52 million in Ba Ria-Vung Tau province.

After the US and the West imposed economic sanctions over the Ukraine crisis, Russia started diversifying its agricultural imports when sources such as from Australia, Canada and the European Union dried up following sanctions.

According to World Trade Organization, agricultural products accounted for 21.6 per cent of Vietnam’s exports to Russia in 2013.

Vietnam’s exports of seafood products to Russia totalled $61.3 million in the first quarter of 2014.

As Russia seeks trade alternatives, the FTA with Russia shall help this figure to rise.

How does this development impact India-Vietnam relations?

The answer to the question can be only positive. Vietnam’s open economy policy complements with India’s on-going market reforms.

Both the countries have found a great deal of commonality in the economic, political and security/strategic domains.

Historical bonds help this policy as well. Defence cooperation and particularly cooperation between the navies of the two countries hone the partnership.

China’s aggressive posture in the South China Sea and muscle-flexing ventures make the rest of Asia feel unease.

India is always on board with Vietnam in supporting and if necessary would not be found wanting to defend its own national interests.

India is engaged in oil exploration activities on the invitation of Vietnam in the areas of South China Sea that are claimed by Vietnam and would not hesitate to intervene if any outside power poses a threat to its activities.

Moreover, India has a very close relationship with Russia since during the cold war days. It still maintains a robust relationship in the defense sector, duly complemented by the economic benefits unleashed by its market economy policy.

With already strong ties with Vietnam and with Vietnam reaching out to Russia and other Central Asian nation, India-Vietnam-Russia trilateral ties gain traction.

This trilateral partnership shall also serve well to cope with the China challenge.

Relevance to India

How is the Vietnam-EEU FTA going to impact India’s economic footprint in the region? It is likely to be significant.

This major step towards economic integration between Eurasian region and Southeast Asia is going to be significant in boosting India’s trade in the region.

The Vietnam-EEU FTA deal is to be soon followed by Prime Minister Narendra Modi’s planned visit to five central Asian nations in July 2015 that is clubbed with his maiden visit to Russia for the BRIC summit in Ufa on 8-9 July.

Modi’s planned trip to the central Asian countries is being perceived as an ‘energy trip’ as India eyes to tap the huge natural resources including hydrocarbon and uranium.

Modi plans to spend a day each in Kazakhstan, Uzbekistan, Kyrgyzstan, Turkmenistan and Tajikistan.

He is also expected to attend the Shanghai Cooperation Organisation summit in the same city on 9-10 July.

India has remained as an observer in this regional grouping for years and is keen to be elevated as a full member.

Though it would be premature to hazard a guess on the deliverables from the single day trips to the five Central Asian countries, the message is loud and clear that a key objective behind India’s increasing engagements with this part of Asia is also to expand its presence and footprint in the periphery of China.

Vietnam shall be too happy to this move by India.

Not only their interests coalesce on the issue of China, the opening of this new frontier shall be conducive to further their economic integration strategies.

Also significant to note is the significance of President Pranab Mukherjee’s visit to Belarus in early June, days after the FTA deal.

Belarus is a member of EEU and Belarus and India are expected to discuss India joining EEU during Mukherjee’s visit.

India should take the cue from the Vietnam-EEU FTA in deciding to join the EEU.

As is elsewhere, Beijing has made huge inroads in the region, with which it shares geographical boundaries, by laying pipelines to harness hydrocarbon and constructing railway and road network to connect Europe via Central Asia.

Despite geographical proximity, India seems to have neglected somewhat this part of Asia despite the region’s strategic importance and abundant natural resources.

Prime ministerial trips to Central Asia have been few and Modi’s planned visit shall bridge this gap. For the record, while former Prime Minister Narsimha Rao visited four of the five central Asian states immediately after the dissolution of Soviet Union, Manmohan Singh made two separate trips to Uzbekistan and Kazakhstan during his decade-long tenure as Prime Minister.

Atal Bihari Vajpayee too had visited Almaty during his premiership.

In comparison leaders of Kazakhstan, Uzbekistan and Tajikistan have been in Delhi on several occasions since 1991.

Kazakh President Nursultan Nazarbayev was the chief guest at 2009 Republic Day celebrations.

That time, the two sides signed a deal for supply of uranium.

India had received consignments of yellow cake from Kazakhstan in succeeding years.

India is eyeing to harness crude oil from Kazakhstan besides natural gas from Turkmenistan and Uzbekistan.

Dipanjan Roy Chaudhury observes in the Economic Times:

“"However, lack of road and sea access has not allowed India to realize full trade potential with the region. This could change after India develops the Chabahar port in Iran and will use the nation as a transit for Central Asia. India’s defense ties with some countries of the region have been upgraded in recent years. India also shares historical bonds with Central Asia and enjoys goodwill in the region, thanks to its ties with the erstwhile Soviet Union of which the nations were a part.”

In conformity with the vast potentials for expanding economic cooperation, India too is negotiating a free trade agreement with the Customs Union of Russia, Belarus and Kazakhstan.

A joint India-Russia working group was established in November 2014 to negotiate a comprehensive FTA between India and the Customs Union.

As most of the developed world in the West is suffering from an economic slowdown, the developing world has been stepping up efforts to bring their economies closer.

Even for the Customs Union, the advantages of establishing a FTA with India look attractive. Compared to China, India enjoys a demographic dividend with a bulging youth population whose energy can be an asset in fostering economic growth. India’s population has ballooned to 1.2 billion.

In contrast, China adopted strict measures to curtail births and this measure of one-child policy prevented the births of 300 million people in the last three decades.

India’s competitive edge vis-a-vis China is well noticed by its partners.

At present, the economic relations of the members of the Customs Union do not reflect the potentials and if the FTA is signed, the openings to expand economic relations shall expand further. India’s democratic structure also works to its advantage.

The European member countries see a clear disadvantage in entering into a FTA with China for fear of being swamped by Chinese products as the local industries would not be able to cope with the overwhelming competition with Chinese manufacturing that a FTA would unleash.

That makes India an attractive and preferred alternative.

Removal of tariffs would allow Indian textile and mining industries, pharmaceuticals and information technology to enjoy comparative advantage in the markets of the EEU member countries.

The fears can be minimized by quota restrictions on Indian goods and services.

Such restrictions will minimize the risks for manufacturers in the Customs Union. A FTA with India will offer advantages in other industries.

Vietnam’s FTA with the Customs Union and one with India, when that happens, shall offer greater synergy for India, Vietnam and the member countries in the EEU in promoting greater trade and investment cooperation.

The economic integration process would have made enough headway when complete. Political understanding by all the stakeholders shall also help.

Currently the EEU comprises Russia, Belarus, Kazakhstan and Armenia. Kyrgyzstan is likely to join the trade bloc soon and ratification procedures are underway.

As said, India joining this bloc can unfold immense scope to harness the region’s resource potentials.

Despite favorable political understanding that India enjoys with the countries of the region, this is not reflected at present in their economic engagement such as trade and investment, which are abysmally small.

Russia shall be too happy if India becomes a partner in the bloc.

The deal with Vietnam is seen as a path-breaking one.

The Chairman of the Board of the Eurasian Economic Mission Viktor Khristenko described the agreement as “a historic act”.

India cannot miss this golden opportunity to assess the economic benefits that could accrue if it joins the bloc as a member.

Message to China?

As regards Vietnam, according to a report in the Economic Times, it is estimated that the free trade zone will save exporters from the EEU about $40-60 million in the first year of its operation.

It further says that Vietnamese companies in turn can expect savings of up to $5 -10 million a year.

The FTA shall enter into force 60 days after it is ratified in accordance with national legislation in all EEU member countries and Vietnam.

Though political issues were not in the agenda for discussion, Vietnam’s Prime Minister Nguyen Tan Dung who signed the deal for Vietnam, had a meeting with his Russian counterpart Medvedev on the sidelines wherein the latter reaffirmed Russia’s advocacy for settling disputes by peaceful means on the basis of international law and the UN Convention on the Law of the Sea (UNCLOS) in the South China Sea region where China in recent weeks has stepped up activities on the artificial islands and taken belligerent stand vis-a-vis the US.

Dung also had discussion with Kazakhstan President Nursultan Nazarbayev on oil and gas issues. India’s presence in the oil and gas sectors of both Kazakhstan and Vietnam also drive India’s interests closer to the EEU member countries.

Given this development, China should get the message that its unilateral decisions on the South China Sea and other territorial issues of the region are not acceptable by the rest of Asia and must learn to respect the rule of law or else its long term interests shall be adversely affected.

Comment: While the territorial boundaries in the South China Sea have long been disputed, much of the belligerence and posturing is being directed by the United States as a means of keeping a foothold in the region and to limit China’s control and access to an important geopolitical location. Vietnam (and India) would do well in fully recognizing the ramifications of aligning with these influences.

Last year we saw Vietnam and China reach historic agreements in resolving conflict over the Paracel Islands.

Vietnam’s growing partnership with the EEU, their membership in China’s new Asian Infrastructure Investment Bank, and the weakening of territorial conflict provide signs that a future in South East Asia free from Western influence is possible.

The Russian-led EEU appears to be offering a back-door to help stabilize conflict in the region.

http://www.sott.net/article/297366-India-and-Vietnam-deepen-integration-with-Eurasian-Economic-Union