In 2019 Russia will have a surplus budget for the first time since 2014.

In May, Trump declared his country’s withdrawal from the JCPOA and promised both to revive the old sanctions and launch new ones against Tehran
Russia and the European Union intend to provide normal working conditions for foreign companies in Iran after the US withdrew from the Joint Comprehensive Plan of Action (JCPOA) on the Iran nuclear program and launched sanctions against the republic.

The Delegation of the Russian Business Council for Cooperation with Malaysia met newly appointed President of the International Strategy Institute (ISI) Tan Sri Michael Yeoh. 

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.

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

Upwards dynamics will be further growing in the following years.

OPEC expects that average oil production in Russia will be 11.15 mln barrels per day in 2018.

Russian manufacturers of power machine-building and electrical industry are currently viewing an opportunity to deepen cooperation with Argentina.

The new US sanctions against Russia will seriously hurt international trade and fail to achieve the goals of the Washington administration.

Special administrative zones will be set up on islands.