News

Russian and Malaysian prominent Universities sign a Memorandum of Understanding.

On Monday, August 27, with assistance of the Russian Business Council for Cooperation with Malaysia, two prominent scientific and educational organizations, the Institute of Oriental Studies of the Russian Academy of Sciences and University Malaya’s Faculty of Arts and Social Sciences and Academy of Islamic Studies have signed a Memorandum of Understanding.

News of Business Council
Russia and China expected to reach $100 bln trade turnover in 2018.

The turnover between Russia and China soared 50% in the first half of 2018.

Business in Russia
Russia expects budget surplus of 1.5-2% of GDP and 1.8-2% GDP growth in 2018

Upwards dynamics will be further growing in the following years.

Business in Russia
Russia to increase oil production in 2019.
OPEC expects that average oil production in Russia will be 11.15 mln barrels per day in 2018.
Business in Russia
Russian companies ready to supply power plant equipment to Argentina.
Russian manufacturers of power machine-building and electrical industry are currently viewing an opportunity to deepen cooperation with Argentina.
Business in Russia
New US sanctions against Russia to affect global trade.
The new US sanctions against Russia will seriously hurt international trade and fail to achieve the goals of the Washington administration.
Business in Russia
Putin approves special tax zones for foreign companies.
Special administrative zones will be set up on islands.
Business in Russia
Congratulations to Tan Sri Michael Yeoh with new appointment as a President of IAF Strategy Institute.

Dear Tan Sri Michael Yeoh, we congratulate You with this new appointment!

News of Business Council
Russia to increase domestic aluminum consumption by 300,000 tonnes in 2018.
The domestic consumption volume can grow to 2.5 mln tonnes in five years.
Business in Russia
Russia to create automated system of exchanging data on cyber threats.

Russia is implementing a program of specific measures to fight cybercrimes.

Business in Russia