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Ministry of economic development of the Russian Federation

News from Russia: Economy & Foreign Trade

News from Russia
17.10.2021

Russia’s non-resource-based exports will reach historic highs in 2021

By year’s end, Russia’s exports not based on resources or energy will reach a record $180 billion, Russian Export Center (REC) CEO Veronika Nikishina told reporters on the sidelines of the Eurasian Women’s Forum

News from Russia
17.10.2021

Russia to boost coal supplies to India amid global power crunch

Russia’s Energy Ministry signed an agreement this week with India’s Steel Industry Ministry aimed at increasing Russian coking coal supply to India to 40 million tons per year

News from Russia
16.10.2021

Europe’s imports of Russian goods soar 50% in 2021 despite lingering sanctions – Eurostat

The value of Russian exports to European countries from January to August 2021 reached $109.7 billion, allowing Russia to remain the third largest EU exporter, European statistics agency Eurostat announced this week

News from Russia
16.10.2021

Russian, US businesses share interest in mutual cooperation, says Russian deputy PM

The economic agenda needs a boost, Overchuk said

News from Russia
16.10.2021

Trade turnover between Russia, US may hit record this year, says Deputy PM Overchuk

It amounted to $19.8 bln from January to July

News from Russia
16.10.2021

Russia discusses issue of Doing Business rating at IMF, WB session, says Deputy PM

This rating had been released for almost 20 years, and the bank decided to stop the release of this rating not long ago, Alexei Overchuk noted

News from Russia
15.10.2021

Norway, Russia agreed fishing quotas for Barents Sea in 2022

According to the Norway’s Ministry of Trade, Industry and Fisheries, this is the most important and the large-scale bilateral agreement in the fisheries sphere for the country

News from Russia
15.10.2021

Russia, ASEAN readying new formats of economic cooperation, says Business Council head

"We consider it crucial to facilitate the establishment of contacts and the expansion of cooperation not only between business circles, but also through public organizations, leading figures in the area of science, education, culture, art, support of moral values," Ivan Polyakov emphasized

News from Russia
15.10.2021

Russia retains third position among largest EU exporters — Eurostat

From January to August 2021, the volume of Russian exports increased by 48.7% compared to the same period in 2020

News from Russia
11.10.2021

Energy-rich Russia emerging as favorite investment destination

Soaring energy prices have forced global investors to turn their attention to exporters from emerging nations, with Russia becoming their top pick for investment

News from Russia
10.10.2021

Russia to hike grain export duty to support domestic producers

The export duty on Russian wheat will be increased from $57.80 to $58.70 per ton on October 13

News from Russia
08.10.2021

Lavrov vows to make Russia-EU business contacts easier

The top diplomat stressed that Russia was interested in making a comfortable business environment

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