"In relation to natural resources we have the most interesting would be for Chinese investors the projects in oil production, participation in gold mining and coal mining. In all these areas we have proposals, there are companies that operate on the territory of the Republic, there are deposits that are up for auction," — said Nikolaev at a meeting with representatives of the Chinese media in the international information Agency "Russia today".

"But if there is serious interest there are other areas, including even in terms of investments in search of diamonds — not production, and yet it is the search for diamonds. There are also proposals to be discussed," he added.

"With regard to agriculture, I believe, after all we have enough extreme conditions, so does not do much, but we have branch of husbandry. We have a lot of domestic reindeer. The possibility of their processing and the placing on the market of China, I believe, is not well developed. If there is interest from the Chinese market in the production of reindeer breeding, here we are ready with pleasure to work," — said the head of the Republic.

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