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Ministry of economic development of the Russian Federation

News from Russia: Economy & Foreign Trade

News from Russia
02.08.2020

Russia proposes $20 billion in new investment projects with China

Six new projects, worth $20 billion in total, may soon be added to an already long list of Russia-China joint investment initiatives, Russia’s Ministry of Economic Development has revealed.

News from Russia
01.08.2020

Russia building new seaport to boost trade with Iran, India & Kazakhstan

A seaport with a capacity of 12.5 million tons will be constructed in Russia’s Kalmykia region, near the city of Lagan. It will connect the operating ports of Iran, India, and Kazakhstan with Russia.

News from Russia
31.07.2020

Russia to tender for supply of protective means to Europe, says minister

Russia has already sent samples of masks and suits to a number of states, for example, to Finland, for exploration by potential buyers

News from Russia
31.07.2020

Dmitry Patrushev urges the regions of the Far Eastern Federal District and the Northwestern Federal District to diversify agriexport

The Minister of Agriculture Dmitry Patrushev discussed the current status and the progress of activities aimed at achieving the targets of the federal project "Export of agricultural products" with the officials of the Far Eastern and Northwestern Federal Districts.

News from Russia
28.07.2020

China becomes largest importer of Russian meat

Russia more than doubled its meat exports in the first six months of this year, RBC daily reports, citing data from the Russian Agricultural Bank. China has become the largest buyer of Russian meat, ahead of Ukraine, data showed.

News from Russia
28.07.2020

Dmitry Patrushev discussed the agriexport "points of growth" with key agricultural and commodity distributing regions

The Minister of Agriculture Dmitry Patrushev held a regular meeting with the Russian Federation constituent entities on the prospects for achieving the regional target indicators of the federal project “Export of agricultural products”. The event was attended by Moscow, St. Petersburg, Krasnodar, Stavropol and Rostov regional officials.

News from Russia
27.07.2020

EEC and ASEAN to hold seminar on economic recovery in post-coronavirus period

The issues of recovering economies of two regions in the post-coronavirus period as well as current interaction agenda were a focus of attention at the meeting of the ASEAN Senior Officials on Economy and the Eurasian Economic Commission represented by Goar Barseghyan, Director of the Integration Development Department. The event was held on July 25 via videoconferencing.

News from Russia
27.07.2020

Russia beating United States in battle for China’s huge energy market

Some 396,000 tons of Russian liquefied natural gas (LNG) were exported to China in June, according to a Bloomberg report citing data from China’s General Administration of Customs.

News from Russia
24.07.2020

China ready to create favorable conditions for restoring aviation service with Russia

The competent departments of China and Russia are discussing respective details now, according to the Foreign Ministry

News from Russia
23.07.2020

Russian agriexports to Turkey are up 40%

Deputy Minister of Agriculture of the Russian Federation Sergey Levin and Deputy Minister of Agriculture and Forestry of the Republic of Turkey Akif Ozkaldy held the 3rd meeting of the Executive Committee on Agriculture between Russia and Turkey via videoconference to discuss mutual trade in agricultural products and food, as well as veterinary and phytosanitary challenges

News from Russia
23.07.2020

Russian economy remains stable, despite pandemic, says PM

Mishustin also pointed out that all measures taken by the Russian authorities in the context of the crisis caused by the pandemic were very clear and gave their results

News from Russia
21.07.2020

EAEU predicts positive balance of foreign trade and full self-sufficiency in core agricultural products

The Board of the Eurasian Economic Commission approved joint forecasts for developing the agricultural sector and the supply and demand balance of the EAEU States for agricultural products, food, flax, rawstock, cotton and wool for 2020-2021.

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