News

Russia to start financial support of investment projects in Africa in 2025 — official
Russian business is interested in expanding trade and economic ties with African partners and fulfillment of its export potential, Alexey Overchuk noted.
Imports of air conditioners with freon R-410 requires license — Russian customs
The Russian Customs Service started requesting licenses from suppliers of air conditioners, refrigerators and other equipment containing the freon R-410 from November 12.
Export of Russian pipeline gas to Europe up 15% over 11 months
Total November gas deliveries from Russia to Europe equaled 2.75 bln cubic meters compared to 2.8 bln cubic meters in October, and 2.5 bln cubic meters in November 2023.
Customs duty on coking coal in Russia canceled
The decision is aimed at supporting companies in the coal industry.
Putin signs law on Russia’s federal budget for 2025-2027
According to the law, federal budget revenues in 2025 are expected to be 40.296 trillion rubles ($378.5 bln).
Annual inflation in Russia gearing up to 8.78% over week — Economy Ministry
According to the statement, consumer inflation stood at 0.36% over the week from November 19 to 25.
Timely for Malaysia and Russia to strengthen trade relations: Matrade deputy CEO
KUALA LUMPUR: Malaysia and Russia are at a crucial juncture to renew their trade ties, with the goal of fostering stronger collaboration between the private sectors of both countries and bolstering government-to-government (G2G) cooperation, said Abu Bakar Yusof, deputy chief executive officer of the Malaysia External Trade Development Corporation (MATRADE).
Russia’s duty on sunflower oil exports to rise to $88.44 in December 2024
The duty on oil is calculated on the basis of the indicative price of $954.7 per ton.
Russia to export up to 60 mln metric tons of grain this season, senior official forecasts
According to Dmitry Patrushev, Russian farmers faced challenging weather this year.
Russia’s export duty on wheat to be $29.22 per metric ton from November 27
The export duty rate for wheat and meslin (a mixture of wheat and rye) is calculated based on an indicative price of $223.5 per metric ton, for barley - at a price of $185.7 per metric ton, and for corn - $220.3 per metric ton.