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SINGAPORE Cheap New Balance 574 , March 3 (Xinhua) -- Singapore has been listed as the world's priciest city for the second year regarding the relocation costs for expatriate, Channel NewsAsia reported on Tuesday, citing a survey by the Economist Intelligence Unit (EIU).

The survey, which polls 133 cities around the world, compares the living costs ranging from food New Balance 574 Shoes , clothing, transport to 160 different variables in U.S. dollars with New York as a base city.

"The purpose of a cost of living allowance is to reimburse employees for excess living costs resulting from a foreign assignment," EIU said.

Singapore, together with South Korea's Seoul, have been ranked as the most expensive place for clothes New Balance 574 Red , which is over 50 percent higher than that of New York, the survey showed.

The city-state's Certificate of Entitlement (COE) system, also push up its transport costs, which is almost three times higher than that of New York.

The top five cities are Singapore, Paris New Balance 574 Yellow , Oslo, Zurich and Sydney, Hong Kong has been ranked ninth, and Seoul at tenth. Japan 's Tokyo, surprisingly New Balance 574 Blue , has been put on the 11th place due to weak yen and low inflation, the survey said.

"As currencies strengthen and weaken against each other, the relative cost of living will change between cities--even where price levels remain constant," said Mr Jon Copestake, Chief Retail & Consumer Goods Analyst and editor of the report.

Earlier in December last year New Balance 574 Black , Singapore has been ranked as the 26th most expensive place for expats in a study by Employment Conditions Abroad (ECA) International, Channel NewsAsia reported.

ANKARA, Nov. 28 (Xinhua) -- Russian President Vladimir Putin's visit to Turkey on Monday is expected to boost trade and economic ties between the two countries while political differences over crises in Syria and Ukraine remain.

"Turkey and Russia agree to disagree on several political issues but they are committed to enhancing the economic ties," Mehmet Seyfettin Erol, professor of international relations at Ankara-based Gazi University told Xinhua.

"Business relations with Turkey become much more important for Russia after the West's sanctions on Moscow over Ukraine crisis New Balance 574 Sale ," he added.

Putin's official visit to Ankara is scheduled within the framework of the High Level Cooperation Council, which is an inter-governmental conference between the two governments established in 2010.

The mechanism was designed to fast track the cooperation on various issues by involving senior leaders and cabinet ministers. It also helps cut the bureaucratic red tape.

Putin's one-day visit to Ankara will cover discussions such as economic and commercial relations, energy projects, developments in the tourism sector as well as regional and international issues.

Ankara and Moscow initially set a target of increasing the volume of bilateral trade to 100 billion U.S. dollars in 2015 but later revised the deadline for 2020.

"This target does not seem to be realistic," Hasan Kanbolat New Balance 574 Sport , Turkish expert on Russia, said. He recalled that the trade volume between the two countries dropped from 37.8 billion dollars in 2008 to 32 billion dollars in 2014.

In the first ten months of this year, the trade volume stood standstill with respect to the same period in 2013, which was 26 billion dollars .

Kanbolat also underlined that the trade heavily favors Russia because of oil and gas exports to Turkey constituted the bulk of the volume.

Turkey is also looking to take advantage of Western sanctions on Russia by increasing food exports as an alternative supplier. Unfortunately, Ankara has not been able to tap into that potential yet since sanction regime was put in place more than three months ago.

The impediments to boosting the trade are expected to be taken by Turkish and Russian leadership at the summit.

In an interview with Turkey's state-run Anatolia news agency on the eve of his visit New Balance 574 , Putin underlined that the position of Turkish government on sanctions "opens up new opportunities for increasing bilateral trade."

"We highly value independent decisions by Turkey, including on economic cooperation with Russia. Our Turkish partners refused to sacrifice their interests for somebody else's political ambitions," Putin said.

Ankara is also looking for ways to reduce its natural gas bill and is prepared to ask Russian side to consider a discount on the sale price. The gas contract for the Blue Stream pipeline will have to be renewed next year as Turkey asks more supplies to the line.

It is not certain whether Russia will agree in slashing gas prices for Turkey although in the past Russia agreed to give a discount to Turkey.

Russia is also interested in taking part in building the third nuclear power plant project in Turkey. The construction of Turkey's first nuclear power plant by Russian company Rosatom with 20 billion dollars in equity capital in Mersin-Akkuyu is already ongoing.

Both sides will review visa-free regime that was established in April 2011. The number of Russian visitors in Turkey will reach five million by the end of the year although it may decline next year because of weak ruble against the dollar and decline in oil prices.

For the moment, Turkey allows Russian tourists to stay two months in Turkey without a visa, whereas Russia allows Turkish visitors to stay a month. Turkey will ask Russia to increase the stay to two months.

POLITICAL DIFFERENCES REMAIN

The two sides have considerable differences on several international issues, which include Syria, Ukraine and Cyprus.

Turkey wants Syrian President Bashar al-Assad to step down and supports the Sunni opposition in the country while Russia is strongly opposed to such move. Although both Ankara and Moscow see the Islamic State as a major threat, Turkey insists on an integrated strategy that includes the ouster of Assad in the plan.

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