OCT. 17 2013 (The Conway Bulletin) — A court in Switzerland has ruled that the Tajik Aluminium Company (TALCO), Tajikistan’s largest industrial project, breached contracts with RusAl, the Russia-based aluminium company in 2003, media reported. The court ordered TALCO to pay costs of $275m. A spokesman for TALCO said it would appeal the ruling.
ENDS
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(News report from Issue No. 157, published on Oct. 23 2013)