Russia’s government has finalized the main parameters of a new version of ‘special investment contracts’ at a meeting attended by Finance Minister Anton Siluanov, Deputy Prime Minister Dmitry Kozak and Presidential Aide Andrei Belousov on Monday, June 25, a source participating in the meeting told TASS.
The new format stipulates...
Тhe Kremlin needs improved relations with the West and regained access to foreign capital in order to fix Russia’s broken banks, says Mikhail Zadornov, a former finance minister and the man now in charge of cleaning up some of Russia’s biggest private banks which went bust and required a 2.6 trillion ruble...
Russia’s flag carrier and largest airline Aeroflot plans to create a network of hubs in the Russian regions, Aeroflot CEO Vitaly Savelyev said on Monday at the annual meeting of shareholders, Interfax reported.
"In the new strategy this fall we will present our proposals to the Board of Directors, including construction...
Overall investment by Russian companies in Azerbaijan has reached $4 billion, while Trade turnover between the two countries grew more than 30% over the past year, Russia’s State Duma Speaker Vyacheslav Volodin told Azerbaijan’s AzTV on Monday.
"This is a good level of our relations’ development," Volodin said. "The flow...
Russia’s exports to India rose by 40.1% in January-April 2018 compared to the same period last year, to reach nearly $2.2 billion, a spokesman for Russia’s trade mission in India told TASS news agency.
According to the trade mission’s statistics, the most dramatic growth, of more than 600%, was reported in...
Economic sanctions against Russia coming from Brussels will be prolonged next week until the end of January, diplomats and officials said, according to Reuters.
The measures targeting Russia's energy, defense and financial sectors, imposed over its intervention in Ukraine, have been prolonged every six months since first being slapped mid-2014...
Shares in Russian business conglomerate Sistema fell 8.7 percent in Moscow trade on Friday, after two U.S. lawmakers called for an investigation into whether the group’s owner should be subject to sanctions, The Financial Times reports.
In a letter to U.S. Treasury Secretary Steven Mnuchin and Secretary of State Mike...
The Republic of Korea Ministry of Trade, Industry, and Energy said it has agreed with Russia to immediately begin domestic procedures to launch bilateral free trade negotiations in service and investment sectors, RIA news agency reports.
The ministry said it signed a joint declaration with the Russian Ministry of Economic Development...
American cars being sold in Russia could soon face higher taxes if the government approves measures aimed at the U.S. in retaliation for new tariffs on metal imports imposed by Washington, the country’s Economy Minister Maxim Oreshkin said.
According to TASS, Oreshkin said that Russia would soon introduce additional import...
American fast-food company Burger King has apologized for offering free hamburgers to Russian women if they got pregnant by World Cup soccer players, USA Today reports.
Burger King Russia started the advertising campaign on VK, a Russian social media network similar to Facebook, offering a payment of $47,000 plus a lifetime...
