News

Russia’s coal production rises by 0.4% to 437 mln tons in 2022
The output of hard coal of all types decreased by 3.6% year-on-year to 348 mln metric tons.
Business in Russia
Bank of Russia sells foreign currency worth $45.62 mln with settlements on Jan. 17
The Russian Ministry of Finance resumed foreign exchange sales operations on the domestic currency market on January 13 as part of the new fiscal rule mechanism.
Business in Russia
Business in Russia
Europe pays highest prices for petrochemicals after Russian companies left it – Sibur
The executive director of the company Sergey Komyshan considers this, among other things, a consequence of the imposition of sanctions against Russia.
Business in Russia
Business in Russia
Russia to continue developing microelectronic equipment
One of the key tasks for the near term is to master production of required domestic modern equipment.
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EAEU countries agree to establish traceability mechanism
The Kazakh party presented the "traceability passport" functionality of the national system of goods recordkeeping.
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Putin urges to start drafting EAEU cooperation plans through 2030, 2045 this year
It is noted that Moscow will "do everything possible to facilitate further deepening of integration in all areas, including the political, economic, industrial, financial and technological fields".
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Iran, EAEU sign free trade agreement — IRNA news agency
It is noted that the agreement is expected to come into force by late September 2023 after the approval by EAEU member-states.
Business in Russia
Shift of African nations, Russia to payments in national currencies boosts their positions
Angola, Zimbabwe, Mozambique, Nigeria, Uganda, Ethiopia and South Africa are among the countries that are the most prepared to shift to national currencies in trading with Russia, an employee of the African Development Bank told.
Business in Russia