Sunday, July 5, 2020
A charter train to Russia's Arctic region, a first of its kind, will take more than 90 foreign tourists from St. Petersburg on June 5, the press-service of the Far East Investment and Export Agency said, according to Turprom. “Currently, we are launching our first project. Foreign tourists will get...
Russia says it will soon discuss cooperation regarding infrastructure construction projects with North Korea. Moscow's Minister for Development of the Far East, Alexander Kozlov, said in an interview with Russia’s RIA news agency that experts from the two countries will meet in the Far East region later this month over the...
The Russian government is considering the use of ports in annexed Crimea as parts of a trade route to Iran through the Caspian region, the country’s Presidential Envoy to Crimea Georgy Muradov told the Izvestya newspaper. According to the official, several Iranian businessmen have already expressed readiness to develop a...
Russia's state-run bank VTB, the country’s second-biggest lender, said on Monday it was buying a controlling stake in Russian railway holding company RTC, a major transporter of grain and timber cargo, Banki.ru reports. The bank has been expanding its holdings in grain infrastructure in recent months, which some traders have...
Moscow-based rail operator Grand Service Express was sanctioned by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on Wednesday, for operating a passenger rail service between the Russian mainland and Crimean Peninsula, The Hill reports.  The agency said on Wednesday it added the Russian railroad, as well as...
Russia's Economy Ministry said on Thursday that the Beijing-backed Asian Infrastructure Investment Bank (AIIB) has issued a $500 million loan to Russia to help fund road construction, Rossiyskaya Gazeta reported.  This is the first Russian project in the portfolio of this bank and the first loan from an international development...
One of the biggest players in Russia’s ride-sharing market, French startup BlaBlaCar, has stopped offering its services in the annexed peninsula of Crimea, for fear of being caught up in EU sanctions against firms operating there, Interfax reported. The service, which connects drivers with spare seats with travellers looking to...
Moldovan President Igor Dodon said on his Facebook page on Friday that his country has signed an agreement to receive a loan of 200 million euros ($217.5 million) from Russia, Gazeta.ru reported. "Moldovan Ambassador to Russia Andrei Neguta signed a loan agreement with top officials of the Russian Finance Ministry....
India and Russia will use the International North-South Transport Corridor for movement of goods, reducing transport time by half, The Indian Express reports. Within three months, exporters and importers from India and Russia can move goods between the two countries through Iran, said Concor CMD V Kalyana Rama on Tuesday...
Sheremetyevo and Domodedovo airports could get their new runways by November or December this year, Russian Transport Minister Yevgeny Dietrich said, Tass reports. “This issue is not simple, we are working to ensure that the problem will be solved by November and December for both sites. Now, it is rather...