FEFDFinite Element Frequency Domain
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"The FEFD is an especially suitable market for Hong Kong traders who are operating in the food processing, paper and pulp, rubber and plastics, electrical equipment, medicine and jewellery industries," Mr Chan said.
But, because of low level of development of the manufacturing industry, only 6.5% of the total Russian export is from the FEFD.
The two state-controlled companies also decided to continue talks with the JV for Gazprom's acquisition of Phase-2 in Sakhalin-I's supply of the FEFD with gas.