China’s ambitious development strategy, the Belt and Road Initiative (BRI), has raised bilateral relations with Russia to a higher level, Chinese Ambassador to Russia Li Hui said, according to China Daily.
The ambassador made the remark in an interview with Xinhua on Friday ahead of Russian President Vladimir Putin’s trip...
Over 200 different weapon systems will be showcased by Russia’s state arms export company Rosoboronexport at the FAMEX-2019 international aerospace show in Santa Lucia, Mexico this week, TASS news agency reported.
The company, part of state-run hi-tech corporation Rostec, said it will demonstrate Russian defense products which have the...
Russia’s import substitution, planned as the country’s response to Western sanctions, is yet to yield tangible results in the horticultural sector, Fresh Plaza writes citing official data.
According to the news outlet, fruit imports in Russia continue to grow steadily, despite the very rapid expansion of orchard area and an...
Gazprom is considering the possibility of acquiring a stake in one of the key producing assets of Argentina’s YPF, the Estacion Fernandez Oro deposit, the Russian state-run gas giant has said, according to Finanz.ru.
"Gazprom Group is considering the possibility of implementing projects in Argentina, including those related to the...
Lawmakers in Russia’s State Duma adopted in three readings a bill allowing for new opportunities for the Federal Tax Service (FTS) to challenge companies using preferential tax rates under international agreements, RBC reports.
Companies that enjoy benefits under agreements on avoidance of double taxation will be obliged to explain...
Russian Prime Minister Dmitry Medvedev has signed a decree imposing new sanctions on Ukraine, which include a ban on the export of oil, coal and petroleum products and expanding the list of banned Ukrainian goods, RIA Novosti reported.
The new export rules, which will restrict Russian oil exports to Ukraine,...
The Russian national payment system Mir, so far restricted to home operations, has expanded its services to Turkey, in partnership with the country’s largest banking chain and 10,000 Turkish online retailers, the Moscow Times reports.
According to the CEO of Russia’s national payment system (NSPK), Vladimir Komlev, the move is...
Russian authorities are doing their best to create comfortable conditions for foreign investors to operate in the country, President Vladimir Putin said at a meeting with representatives of the French business community, according to Channel One.
"Russia will do everything for foreign investors, including yourselves, dear colleagues, to feel as...
Russia’s Finance Ministry has held another no-limits bond auction for its ruble-denominated OFZ treasury bills, setting a fresh record and selling bonds worth 124.6 billion rubles ($1.9 billion) in total, Finanz.ru writes citing a report by Raiffeisen Bank.
“The long-maturity 15yr OFZ attracted almost $625 million, while the rest was...
Cash flow from Venezuelan oil sales are being funneled through Russian state-run oil giant Rosneft, helping the country’s president Nicolas Maduro to evade U.S. sanctions designed to oust him from power, Reuters reported on Thursday citing sources and documents.
Venezuela was already struggling to finance imports and government spending...
