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Russia suggests creating Russia-Japan green corridor for pharmaceutical companies.

Moscow has suggested to Tokyo that a green corridor be created for pharmaceutical companies, Russian Deputy Prime Minister Olga Golodets said ahead of a meeting with Japan’s Minister of Economy, Trade and Industry Hiroshige Seko on Saturday.

Business in Russia
Russia's Arkhangelsk Region to have second advance-development territory.

The Arkhangelsk Region will set up the second advance-development territory in Novodvinsk, a mono-industrial city which is located in the Russian Arctic zone.

Business in Russia
Russia’s cutting-edge technologies were presented in MOSTI.

Russian Business Council for Cooperation with Malaysia held a round table meeting with representatives of the Ministry of Science, Technology and Innovation of Malaysia to present newest Russian innovative technologies. 

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Russia’s top bank expects country’s digital economy to reach $1.1 trillion by 2025.

The Russian president put digital economy on the list of main goals of the country’s strategic development until 2025.

Business in Russia
Russia to become one of leaders in global agriculture in coming years.

Russia's exports of agricultural produce and foods surged 16-folds as compared to 2000, according to the president Putin.

Business in Russia
Rosatom to continue supplying equipment to European Organization for Nuclear Research despite Russia’s refusal to be a member.

Rosatom would continue to cooperate with the European Organization for Nuclear Research if requested.

Business in Russia
Sberbank takes lead in capitalization among banks of continental Europe.

Sberbank is the main creditor of the Russian economy and holds the largest share on the deposit market.

Business in Russia
Russia may introduce tax free system by World Cup in all cities hosting event.

On February 12, Russian Prime Minister Dmitry Medvedev signed a decree on introducing a tax free shopping pilot program at airports in four Russian regions.

Business in Russia
Bank of Russia may switch to neutral monetary policy more quickly.

The existing balance of risks suggests the possibility of a faster transition from moderately tight to neutral monetary policy.

Business in Russia
Happy Chinese New Year!
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