News

Russia needs to be proactive in developing digitalization, Putin says
The President urged creating conditions for "accelerated development and implementation of domestic IT and communication technologies".
New list of goods banned for export in Russia will come into effect on June 13
Earlier the list was approved by the Board of the Eurasian Economic Commission.
Moscow mayor waives self-isolation rules, travel permits, walking schedule starting June 9
All Moscow residents, including those over the age of 65 and people with chronic illnesses, will be able to freely travel around the city and visit public places, according to the mayor.
Russia’s air transport agency seeks to resume flights with 15 countries in mid-July
The list of countries will be drawn up jointly by the Federal Air Transport Agency and the consumer rights watchdog.
The Ministry of Finance proposed to prohibit the withdrawal of dividends to offshore companies without taxes
In the draft amendments to the Tax code, the Ministry of Finance has already closed a loophole that has not yet become popular. We are talking about the withdrawal of dividends through low-tax foreign jurisdictions, agreements with which Russia has decided to review.
Russia Prices Economic Recovery Plan at $70Bln
Government ramps up the next phase of economic response to the coronavirus.
Putin approves Cabinet’s plan as basis for economic recovery
Russian President Vladimir Putin said that implementation of the economic recovery plan should begin in July.
Russia may start export of Avifavir anti-coronavirus drug
There are many requests from Middle Eastern and Latin American countries, according to the Chief Executive Officer of the Russian Direct Investment Fund.
Russian Travel Industry Union not expecting price hikes for tours in 2020
The domestic tourist traffic will recover by August in absence of the second wave of the coronavirus spread, Yuri Barzykin said.
UGC is working on increasing grain reserves in the Intervention Fund to 6 million tons
The United grain company (UGC) together with the Ministry of Agriculture of the Russian Federation is working on a new concept for selecting grain companies to increase control over the Federal Intervention Fund of Grain (FIFG).