News

Russia to increase oil production in 2019.
OPEC expects that average oil production in Russia will be 11.15 mln barrels per day in 2018.
Russian companies ready to supply power plant equipment to Argentina.
Russian manufacturers of power machine-building and electrical industry are currently viewing an opportunity to deepen cooperation with Argentina.
New US sanctions against Russia to affect global trade.
The new US sanctions against Russia will seriously hurt international trade and fail to achieve the goals of the Washington administration.
Putin approves special tax zones for foreign companies.
Special administrative zones will be set up on islands.
Russia to increase domestic aluminum consumption by 300,000 tonnes in 2018.
The domestic consumption volume can grow to 2.5 mln tonnes in five years.
Russia to create automated system of exchanging data on cyber threats.

Russia is implementing a program of specific measures to fight cybercrimes.

Yakutia to establish Advance Development Territory in Arctic to tap mineral resources.

According to preliminary estimates, its establishment can support about 1,700 jobs.

Russia, Saudi Arabia agree to expand cooperation to stabilize energy markets.

The sides intend to be guided by the principles of seeking a balanced market that relies on sufficient and steady supply.

Russia-France trade turnover up 25% in three months of 2018.

There are over 500 firms with the participation of French capital operating on the Russian market.

Putin supports idea of building oil, gas pipelines from Russia to China via Mongolia.
Three countries had been working together to remove excessive administrative barriers in order to ensure uninterrupted trade flows.