In the current situation, China and Russia may "experience financial persecution and sanctions by the United States to a certain degree".

In March, Prime Minister Mikhail Mishustin reported that the Russian budget deficit was $42.5 bln.

Earlier, it was reported that Viterra, a leading international grain trader, intends to halt Russian grain exports and exit the country’s market.

The Mi-171A2 is the latest model of a multirole heavy helicopter.

Evgeny Chizhov, director for strategic development of the company, noted that earlier MAN trucks were assembled on the territory of this industrial zone.

Russian President noted that the West is going to increase the production of weapons.

Annual inflation in Russia is expected to be 5-7% in 2023 under the baseline scenario, taking into consideration current monetary policy.

The moderate growth of corporate funds by 504 bln rubles (or by 1.1%) was mainly ensured by oil and gas companies.

"Heads of two states order governments of Russia and China to prepare and approve the relevant plan and review the progress in its implementation within the framework of the 28th regular meeting of Prime Ministers of Russia and China," the leaders said in their Joint Statement.

The leadership of BRICS countries is necessary in order to develop a uniting course towards the establishment of a truly multipolar system of international relations, based on universally recognized norms of international law and key clauses of the UN Charter, Valentina Matviyenko said.