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Today in Russian Business – Nov 16, 2010

China and India have both voiced their support for Russia joining the WTO in 2011, the Moscow Times reports.  Billionaire Mikhail Prokhorov has expressed his backing for a proposal to increase the official workweek to 60 hours from 40, on the belief that it would lead to higher incomes.  Viktor Vekselberg has announced that he plans to quit his post as executive-director of TNK-BP before the end of the year, in order to focus on innovation hub Skolkovo.  According to Vekselberg, Ukraine has demonstrated an interest in participating in the hi-tech project.  RFE/RL reports that hundreds of autoworkers in southwestern Russia have gone on strike due to wage arrears.  Aluminum giant Rusal envisages that next year’s aluminum prices will stay at the same level or increase; the company believes that demand for the metal in China may double over the next decade as the country’s economy continues to grow.