News

Russia-led free trade zone could include South Korea.

The start of a free trade area between South Korea and the Eurasian Economic Union (EAEU) is right around the corner.

Russian cars returning to Cuba.

After a 12-year hiatus, Russia’s biggest automaker AvtoVAZ is returning to Cuba with its latest models. The country is one of the priority export markets in Latin America for the company.

Key points of Russian 2018 budget.
The Russian State Duma has passed the bill on federal budget for 2018 and the planned period of 2019-2020.
BRICS countries mulling formation of single gold trade system.

The regulator plans to take first steps towards formation of a single trade system with the People’s Republic of China in 2018.

Sukhoi Civil Aircraft can make VIP version of MC-21 aircraft in 2022.

MC-21 is a new twin-engine short-to mid-range Russian jet airliner with a capacity of 150-212 passengers.

New MC-21 jet: Russia’s first step on aircraft market.
The first client to get the plane will be Aeroflot, which plans to have 50 MC-21 jets in its fleet.
Moscow, New Delhi Agree on Delivery of Hundreds of Helicopters to India.

Currently, a joint venture is underway which will assemble helicopters in India, which will be serviced there as well.

Gazprom Increased Gas Supplies to Turkey by 21.7% From January 1 to November 13.

Russian energy company Gazprom increased gas supplies to Turkey to 24.8 billion cubic meters from January 1 to November 13, 2017.

Conceptual design of Russia’s new Soyuz-5 carrier rocket to be ready by yearend.

The work to develop the conceptual design of the Soyuz-5 medium-class carrier rocket will be completed by the end of the year.

Russia’s Finance Ministry to purchase foreign exchange worth $2.1 bln.

Russia’s Finance Ministry will purchase foreign exchange in the amount of $2.1 bln of extra oil revenues in the period between November 8 and December 6, 2017, the ministry said Friday. Extra oil revenues are expected to reach 125.8 bln rubles in October.