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, 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.
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.