There are two major reasons for the likely rise in exports - the demand from China and cotton exports falling under the Open General Licence from the current season.

有两个主要原因带来了这次出口增长，首先是中国市场需求的增长，其次是本年度实行一般许可证后棉花出口的下跌。

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In response a free, three-month general licence has been issued to cover all thrift clubs on the island.

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So far, Avtovaz's snooty managers have spurned foreign approaches (although there are well-advanced talks with General Motors about assembling cars under licence).

ECONOMIST: Russia

"We are very worried that, in a general sense, the wrongdoing that has been identified has imperilled its licence to operate" said the investor.

BBC: Barclays�� chairman in firing line