News

Japan to present plan for modernizing Vladivostok’s infrastructure to Russia.

The Japanese government plans to present to Russia a plan to modernize Vladivostok’s urban infrastructure with the use of Japanese technologies, including improving traffic flow, rebuilding tourist facilities and developing areas around railway stations. 

Russia-Thailand Travel Club opens in Bangkok.

The Russia-Thailand Travel Club is expected to become a platform for tourism cooperation between the two countries.

Russian company starts preparing documents for construction of power grid in Mongolia.

Russia’s Federal Grid Company (FGC), an affiliate of Rosseti holding, initiated preparation of a preliminary feasibility study for the Russia - Mongolia power bridge. Study results are scheduled to be discussed in the second quarter of 2018.

Russia ready to supply rocket engines to Argentina.

Vladimir Putin said that domestic business was interested in projects in Argentina.

International Monetary Fund names Russia among sources of global GDP acceleration.

Current upswing in the global economy "furnishes an ideal moment to act on a range of multilateral challenges".

Moscow Exchange may become a site for trading in cryptocurrencies.

According to a lawmaker, the Central Bank is now considering the Moscow Stock Exchange for those purposes.

World Bank predicts Russia able to reach global economic growth average rates.

It is necessary to enhance the efficiency of capital and labor in order to achieve high growth rates.

Russia greenlights tax-free shopping for foreign citizens.

The Federal Customs Service will organize 14 refund offices at international airports in Moscow, St. Petersburg and Sochi.

Testing of second MC-21-300 airliner to begin in February or March.

"The Irkutsk factory is getting ready to streamline the manufacturing of the MC-21-300 jets, the newest Russian airliners, in 2019.

US dollar hits its lowest level against ruble since mid-October on Moscow Exchange.

The US dollar dropped against the ruble by 29 kopecks to lie at 56 rubles and 92 kopecks.