MOSCOW TIME: 23.05.2018 20:18:30

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Russian Pork Exports Show Steep Increase

According to the Russian Federal Customs Serviceís official statistics, Russiaís pork exports stood at $62m in 2016/17ó a 50% increase on the previous two years. However, Russia’s imports of pork exceeded its exports 13 times in 2017. The leading Russian pork ...

Modified: 23.05.2018
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Japan, Russia agree to arrange more flights to South Kuril Islands for former residents

Japan and Russia have made an agreement to arrange more charger flights to the South Kuril Islands for their former Japanese residents, Japanís Mainichi newspaper reported. According to the newspaper, the agreement will be officially announced during Japanese ...

Modified: 22.05.2018
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Russiaís Big Arctic Natural Reserve: fish, birds and ships

The Big Arctic Natural Reserve was founded in Russia 25 years ago. It united four million hectares of unique natural territories in the Russian Arctic. It is the biggest natural reserve in Russia and in Europe: the reserveís protected areas make almost 4.17 million hectares. The natural reserve ...

Modified: 22.05.2018
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Russia Exports Aluminum to 120 Countries

According to the Russian Federal Customs Serviceís official statistics, Russia exported 3.7m tons of aluminum to $6.4bn in 2017 ó a 16% increase on the previous year. The key importers of Russian aluminum in 2017, which accounted for 70% of the total (or $4.5bn) were ...

Modified: 22.05.2018
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Brazil softens requirements to Russian wheat exports ó watchdog

Brazil has decided to soften phytosanitary requirements for Russian wheat, which will allow Russia to resume deliveries that were discontinued after 2014. According to her Brazil mitigated the requirements which concerned the content of seeds of the weed plants which are quarantine in Brazil and which are found ...

Modified: 22.05.2018
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Sochi winter vacation experience: Alpine resorts welcome 1 mln tourists in 2017-18 season

Alpine skiing resorts in Russiaís Sochi accommodated around one million tourists in the 2017-18 season, which is roughly the same as the previous year, Sochi Mayor Anatoly Pakhomov said. According to the mayor, Sochi turned into a modern alpine resort thanks to the 2014 Olympics....

Modified: 18.05.2018
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Russia increases White Chocolate Imports

Russia imported white chocolate to $16.3m in 2017 ó $1m up from the previous year and a $6m leap on 2015. Russia’s key suppliers of white chocolate are Germany (which accounted for 29% of Russian imports), Belgium (23%), the United Kingdom (14%),...

Modified: 18.05.2018
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US companies are free to decide whether to go to SPIEF or not ó US State Department

The US government's position is that the US private business is free to decide whether or not to participate in the forthcoming St. Petersburg International Economic Forum (SPIEF), a representative of the US State Department said. When asked whether the Trump administration abandoned the previous US policy to discourage American companies from attending the St. Petersburg Economic Forum, he said: "We have an open dialogue with the business community, and ultimately companies are free to make...

Modified: 18.05.2018
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Kurgan Regionís Exports

According to the Russian Federal Customs Serviceís official statistics, Kurgan Region in South-Western Siberia exported to $111m in 2016 ó a 46% slump on the previous year. Kurgan’s exports are: secret code products (15% of the regionís total exports); pharmaceuticals ...

Modified: 17.05.2018
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Mongolia welcomes Russian investors in its market

Mongolia is waiting for Russian investors in its market, in particular in energy sector, the countryís Foreign Minister DamdinTsogtbaatar said at a meeting with his Russian counterpart Sergey Lavrov. "We are waiting for Russian investors in Mongolia. For the Russian ...

Modified: 17.05.2018
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Russian Vacuum Cleaner Imports Show Steady Growth

Russiaís vacuum cleaner imports showed steady growth over the past three years: its imports stood at $316m in 2017 ó $72m (or 29%) more than in 2016. Russia’s largest suppliers of vacuum cleaners in 2017 were China which accounted for 33% of the ...

Modified: 17.05.2018
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Russiaís grain export to China first time above 1 mln tonnes

Exports of the Russian grain to China reached a record-breaking level in this agricultural year and is above 1 mln tonnes first time. According to the Argus Phyto system, 1.23 mln tonnes of grain were supplied to the China market from July 1, 2017 to May 15 of this ...

Modified: 17.05.2018
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Rosneft starts drilling production well in Vietnam

Rosneft Vietnam B.V. (a subsidiary of Russian state oil company Rosneft) has started drilling a production well at the Lan Do field in the offshore zone of Vietnam, the oil company said in a statement. "Target depth of the well is about 1,200 m along the well bore, sea depth at the ...

Modified: 16.05.2018
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Russia wants to supply grain, pork, fish to Ecuador

Russia has unveiled intension to expand the list of export items for Ecuador, particularly, grain, pork and fish, the veterinary and phytosanitary watchdog said in a statement following the meeting of the Russian-Ecuadoran intergovernmental commission....

Modified: 15.05.2018
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Gazprom to invest about $1.3 bln in geological exploration in 2018

Gazprom holding invests about $1.3 bln in geological exploration this year, Vsevolod Cherepanov, a member of the holding's management board said. "As for 2018, the parameters are approximately comparable (with the indicators of 2017) - about 83 billion rubles," he said. Cherepanov also noted that last year the holding's investments in geological exploration amounted to $1.4 bln. Source:† www.tass.com

Modified: 15.05.2018
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Russiaís trade with Egypt to be up from $6bln to $10bln in 2018

Trade between Russia and Egypt may go up to ten billion US dollars in 2018, chairman of the Russia-Egyptian Business Council under the Russian Chamber of Commerce and Industry, Mikhail Orlov, said. "Trade is growing dramatically <…> It was about ...

Modified: 14.05.2018
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In 2017 the trade between Germany and Russia grew by 19.5%.

Anton Kobyakov, Adviser to the President of the Russian Federation, met in Moscow with Klaus Mangold, Chairman of the Supervisory Board of TUI, former Chairman of the German Committee on Eastern European Economic Relations. During the meeting they discussed the cooperation priorities between Russian ...

Modified: 14.05.2018
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Sberbank reiterates plans to test Islamic banking in Russiaís republic of Tatarstan

Russiaís largest savings bank Sberbank wants to set up a testing site on the base of the bank of Russia in the republic of Tatarstan to develop Islamic banking, Bekhnam Gurban-Zade, adviser of the Deputy CEO of Sberbank said. Speaking on the sidelines ...

Modified: 14.05.2018
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Russia launches training program for specialists of Egyptís nuclear industry

Russia has launched a training program for Egyptian specialists, who will work in the countryís nuclear power sector, the Russian Presidentís special envoy for the Middle East and African countries, Deputy Foreign Minister Mikhail Bogdanov said. Speaking ...

Modified: 11.05.2018
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Russia expects budget surplus of 0.45% GDP instead of 1.3% deficit in 2018 ó draft

Russiaís fedral budget may get a surplus of 0.45% of GDP this year instead of previously expected deficit of 1.3% of GDP, according to this yearís amended draft federal budget for 2018. The 2018 budget surplus may amount to 440.6 billion rubles, instead ...

Modified: 11.05.2018
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Eurasian Economic Union to sign trade, economic agreements with China, Iran in Astana

The Eurasian Economic Union (EAEU) will sign an agreement on trade and economic cooperation with China and a provisional agreement on free trade zone formation with Iran on May 17 in Astana, acting Presidential Aide Yuri Ushakov said. "An agreement on trade and economic cooperation with China and a provisional agreement on formation of a free trade zone with Iran are planned to be signed next week in Astana," he said. According to Ushakov, free trade zones formation and preferential agreements...

Modified: 11.05.2018
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'Building a Trust Economy' is the key theme of the SPIEF 2018

Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe and IMF Managing Director Christine Lagarde will attend the plenary session of the St. Petersburg International Economic Forum 2018. John Micklethwait,...

Modified: 10.05.2018
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Russia's VTB may provide loans to Qatari fund for Rosneft shares purchase

Russiaís second-biggest lender VTB may provide loans to Qatarís sovereign fund QIA for purchases of Rosneft shares as part of the transaction with Swiss trader Glencore, Chief Executive Officer Andrey Kostin said. "We are always ready to provide ...

Modified: 10.05.2018
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Trade between China and Russia went up by 27.3% in January-April 2018

The number of positive factors encouraging growth of trade between China and Russia is permanently increasing, spokesman for the Chinese Ministry of Commerce Gao Feng said. "In general, the number of factors having positive impacts on the growth of the Chinese-Russian economy is permanently going up," he said. "In ...

Modified: 10.05.2018
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Russia will not renounce imports of medicines in full

Russia will refrain from renouncing the imports of medicines in full but will increase production of its own pharmaceuticals simultaneously, Acting Prime Minister Dmitry Medvedev said. He voiced the conviction the goal of producing 90% of vital medicines ...

Modified: 10.05.2018
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Russia to remove restrictions on Turkish tomatoes from May 1

Russia is going to allow imports of tomatoes from all Turkish producers from May 1, not only those that were included in the list of earlier approved exporters, the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) ...

Modified: 07.05.2018
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Alrosa mulls buying Russiaís largest producer of polished diamonds

The Supervisory Board of Alrosa company has found the acquisition of 100% of the shares of Kristall Smolensk Diamonds, the largest Russian producer of polished diamonds, feasible, the company said. Kristall is now fully owned by the state. The company will assess the value of the shares and send it to the Federal Property Management Agency and the Finance Ministry. The Supervisory ...

Modified: 07.05.2018
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PM Medvedev urges legislative regulation for certification of Russian exporters

The Russian authorities should legislatively determine the procedure to certify Russian exporters of agricultural products, Russian Prime Minister Dmitry Medvedev said. According to him, the inclusion of the enterprise in the register of exporters will mean ...

Modified: 04.05.2018
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European Commission forecasts acceleration of economic growth in Russia

Russiaís economic growth can reach 1.7% in 2018 versus 1.5% in 2017, the European Commission (EC) reports on Thursday in the annual spring economic outlook. "Going forward, the impact of higher oil prices recirculating throughout the economy is ...

Modified: 04.05.2018
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Swiss delegation to SPIEF 2018 to be led by Finance Minister Ueli Maurer

Anton Kobyakov, Advisor to the President of the Russian Federation, met in Moscow with Yves Rossier, Ambassador of the Swiss Confederation to the Russian Federation. Mr. Kobyakov pointed to the positive trend in the development of Russian-Swiss relations. Indeed, there have been regular political ...

Modified: 03.05.2018
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Russiaís government commission on foreign investment approves deals worth $3 bln

Russiaís government commission on foreign investment has approved transactions worth a total of $3 bln at a meeting on Saturday, Head of the Federal Antimonopoly Service (FAS) Igor Artemyev told. "We have considered deals worth a total of around ...

Modified: 03.05.2018
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Russian Exports to United States in 10 Years: Did Sanctions Affect Them?

Russiaís exports to the United States slid by 12% in 2015 following the introduction of the Western sanctions, while imports dropped by 38%. However, Russian exports to the United States are showing a steady growth after the initial slump: in 2016, ...

Modified: 30.04.2018
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Russian Oil Exports Before and After Western Sanctions

According to official statistics of the Russian Federal Customs Service, Russiaís exports of oil extracted from bituminous minerals (except crude), decreased in 2017 by 24m tons or 10% in physical weight and by $58bn or 50% in value terms from 2014. Dynamics of Russian Oil Exports in 2001/17 ...

Modified: 29.04.2018
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Russian exports to Syria

Russian exports to Syria slumped three times after the beginning of the Syrian civil war to $0.6bn in 2011/12, according to official statistics of the Russian Federal Customs Service. In 2013/14 the drop continued to its low of $0.2bn. The period of ...

Modified: 28.04.2018
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RUSSIA EXPORTS FITNESS MACHINES

RUSSIA EXPORTS FITNESS MACHINES

Modified: 28.04.2018
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Turnover between Russia and China might grow by 19% in 2018 ó Chinese Ministry of Commerce

The trade turnover between Russia and China in 2018 may exceed $100 bln. This year bilateral trade between China and Russia demonstrates a positive trend - in the Q1 it increased by 30%, and, according to our forecasts, in 2018 will exceed the $100 bln mark. The trade turnover ...

Modified: 28.04.2018
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Russia, Japan to discuss bilateral relations at Moscow forum

Russia and Japan will discuss pressing issues concerning the two countriesí trade and economic relations at the fourth bilateral forum dubbed The Points of Convergence. At least 150 Japanese businessmen are expected to take part in the forum. Russia’s ...

Modified: 27.04.2018
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Russia to reduce threshold of duty-free import of parcels below 500 euro

The Russian Government will continue reducing the threshold of duty-free import of parcels below 500 euro in order to make conditions of doing business equal for Russian and foreign online stores, Deputy Minister of Economic Development Oleg Fomichev told ...

Modified: 26.04.2018
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Russia may export up to 52 mln tonnes of grain in 2018 agricultural season ó expert

Russia may export up to 52 mln tonnes of grain in the 2018 agricultural season, including up to 40 mln tonnes of wheat which is a record figure, chief executive of the Institute for Agricultural Market Studies (IKAR) Dmitry Rylko told reporters during ...

Modified: 26.04.2018
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Russian and Indian Businessmen To Meet at SPIEF 2018

Russia Ė India Business Dialogue will take place during the St. Petersburg International Economic Forum in May 2018. The event has been agreed upon during the course of the visit of Maxim Oreshkin, the Minister of Economic Development of the Russian ...

Modified: 25.04.2018
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Azerbaijan plans to triple export to Russia within five years ó minister

Azerbaijan plans to triple exports to Russia within the next five years, the countryís Economy Minister Shahin Mustafayev said following the talks with his Russian counterpart Maxim Oreshkin. "We plan to raise exports of Azerbaijani products to Russia three-fold within the next five ...

Modified: 24.04.2018
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Russia's PM signs agreement on establishing free trade zone between EAEU and Iran

Russian Prime Minister Dmitry Medvedev signed an interim agreement with a term of 4 years that provides for the formation of a free trade area on a limited range of goods between the EAEU and Iran, according to the government website. "The agreement ...

Modified: 24.04.2018
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Russian Far East Exports Less Honey to China in 2017

Russiaís Far Eastern Maritime Territory exported 554 tons of local honey to $1.2million to neighboring China in 2017 ó down by 328 tons or 37% in physical weight and less by $698,000 or 36% in value terms than the previous year (and 43% less than ever ...

Modified: 23.04.2018
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Russiaís US Whisky Imports Reach $45m

Russia imported US food, alcohol and cigarettes to $331.4million in 2017 ó 74% more than the previous year. Imports of tobacco products from the United States reached $75.9m, and liquor, $61.5million. Whiskies, which the Russians imported to $45.8million,...

Modified: 23.04.2018
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Russian, Saudi energy chiefs hash over broad industrial cooperation

Russiaís Energy Minister Alexander Novak met with his Saudi Arabian counterpart Khalid al-Falih prior to the eighth meeting of the monitoring committee of OPEC and non-OPEC nations in Jiddah (Saudi Arabia) to discuss energy collaboration, Russiaís Energy ...

Modified: 21.04.2018
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Brent oil price above $74 per barrel first time from November 27, 2014

The cost of Brent crude oil futures contracts deliverable in June 2018 rose by 1%, to $74.23 per barrel in the course of trading on the ICE Exchange in London, according to its data. The last time this blend’s price hit $74 per barrel was on November 27, 2014. Despite the hike in oil prices, the ruble rate remains low against key global currencies. As of 11:10 Moscow time, the dollar-to-ruble rate on the Moscow Stock Exchange was 60.99 rubles, which is 0.23% up from the closure of the previous...

Modified: 20.04.2018
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Mapping international buyers of Russian agricultural equipment

Exports of Russian-made agricultural machinery and equipment have been growing slowly but steadily in recent years. Russiaís farming machinery has reportedly managed to win 47 international markets so far. The latest data from the country’s Trade Ministry ...

Modified: 19.04.2018
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Number of Yalta International Economic Forumís participants doubles in 2018

The number of the Yalta International Economic Forumís participants will double in 2018, as up to 400 people from 60 countries are expected to take part in the event, Crimean Deputy Prime Minister and Crimea's Envoy to the Russian President Georgy Muradov told. The Fourth Yalta International Economic Forum will take place in Crimea on April 19-21. According to organizers, the event will involve around 3,000 people. Muradov pointed out that almost all European countries ...

Modified: 18.04.2018
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Bilateral Relations Between Russia and Sweden Are Gaining Momentum on the Forum Track Bilateral Relations Between Russia and Sweden Are Gaining Momentum on the Forum Track

Anton Kobyakov, Adviser to the President of the Russian Federation and Peter Ericson, the Ambassador of the Kingdom of Sweden, met in Moscow. During the meeting they discussed the participation of the Swedish delegation in the St. Petersburg International Economic Forum (SPIEF) on 24–26 May ...

Modified: 18.04.2018
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Pskov State University Increases Its International Student Body Thirty Times in Six Years

... foreign students. When the colleges merged into a university, we had about 40 foreign undergraduates. The number increased thirty times over six years; we now have 1,300 students from 45 countries, admitted on various bases: · there are ethnic Russian nationals of other countries, including CIS countries, who identify themselves as Russians and enroll on the same terms as Russian citizens. We have quite a few of these, although they do not form a majority; ∑ there are students enrolling under ...

Modified: 18.04.2018
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NEWS


23.05.2018 Krasnodar Perfume Exports Soar as They Become Trendy

The exports of perfumes and eau de cologne manufactured in Krasnodar Territory stood at $1.2m in 2017 ó more than four hundred (400) times than the previous year.

23.05.2018 Russian Pork Exports Show Steep Increase

According to the Russian Federal Customs Serviceís official statistics, Russiaís pork exports stood at $62m in 2016/17ó a 50% increase on the previous two years.

23.05.2018 Tyumen Region Boosts Mono-Ethylene Glycol Exports

Tyumen Region exported 41,000 tons of mono-ethylene glycol (MEG) to $37m in 2017 ó six times more than the previous year.

EVENTS


21.11.2018 00:25:00 UZPRODTECHEXPO-2018

November 21-23, 2018 Tashkent (Uzbekistan)

31.10.2018 00:05:00 UZENERGYEXPO-2018

October 31 Ė November 2, 2018 Tashkent (Uzbekistan)

31.10.2018 UZSTROYEXPO-2018

October 31 Ė November 2, 2018 Tashkent (Uzbekistan)

INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

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