News

China-Russia trade record high in 2022, due to exceed $180 billion – China’s ambassador
Zhang Hanhui said that the trade turnover between the two countries will set a new record.
Business in Russia
EU freezes Russian assets to the tune of ˆ·68 bln, says Politico
Meanwhile, Russia’s national reserves may equal around ˆ·33.8 bln.
Business in Russia
Moscow, Baku should more actively unlock transport potential
This refers first and foremost to the creation of rail, motor and maritime infrastructure as part of the North-South international transport corridor.
Business in Russia
Traffic of Russian SWIFT counterpart rises in 2022 — Bank of Russia
In 2014, the Bank of Russia launched the Financial Messaging System (SPFS) in test mode.
Business in Russia
US, UK and EU support purchases of Russian fertilizers
The countries also called "on all countries to demonstrate their support for the Black Sea Grain Initiative".
Business in Russia
Russia’s Deputy PM holds meeting on oil industry support measures
Together with the Ministry of Energy and Central Dispatching Department of Fuel Energy Complex, work has been carried out to create information and analytical resources.
Business in Russia
Finance ministry intends to keep Russia’s state debt at up to 20% of GDP
Russia’s national debt will reach $496 bln, or 17.5% of GDP, by 2025.
Business in Russia
Russian company to supply battery-powered tractors to seven countries — project manager
It is noted that the annual production of more than one hundred equipment units will begin in 2023 with a subsequent increase to four hundred units per year.
Business in Russia
Russia's gambling zones opt for import substitution amid sanctions
Its entire volume of electronics is currently purchased in Asia, although earlier this process took place through European companies, head of the Association of Operators of Entertainment Industry and Sports Events Dmitry Anfinogenov said.
Business in Russia
India's ONGC applies to retain stake in Sakhalin-1 project
On October 7, Russian President Vladimir Putin signed a decree on the creation of a new operator of the Sakhalin-1 project.
Business in Russia