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About projectNews from Russia: Economy & Foreign Trade
New year-round port to link Russian Arctic sea route with Asia in 2025
About $5 million has been invested in the construction of a deepwater year-round port near Indiga
Russneft fulfills quota in OPEC+ deal in May
At the end of 2020, the company's oil output is expected to be below the level of 2019, when it reached 7.118 mln tonnes
Uralkali signs deal on potash deliveries to India
The company said that the contract price reflects the current market situation
Russian Agriculture Ministry keeps export outlook at $25 bln in 2020
Russia has already supplied products worth $9.4 bln overseas in this year
Vladimir Putin orders to consider conditions for special investment contracts extension
Investment plans of machine-building companies, fertilizer producers and other enterprises can be revised in view of the coronavirus fallout, according to the president
Expansion of EAEU’s cooperation with foreign partners should continue, says Vladimir Putin
According to the Russian president, many states and integration structures have already established close direct contacts with the Union, including China, Vietnam, Iran, Serbia and Singapore
EAEU simplified rules for transportation of food and non-food products
The Eurasian Economic Union simplified the requirements for the transportation of food and non-food products
Belarus confirms signing agreements with Russia on oil supplies in 2020
Earlier Rosneft announced that it had concluded agreements for the period from April to December 2020, under which it will supply 9 million tonnes of oil to the Belarusian refineries in 2020
European Commission not involved in German regulator’s decision on Nord Stream 2
The Federal Network Agency of Germany refused Nord Stream 2 AG in withdrawing the Nord Stream 2 project from the rules of the updated EU Gas Directive, the regulator said earlier on Friday
Nord Stream 2 to challenge German regulator’s decision denying waiver of 'discriminatory' EU rules for gas pipeline from Russia
The company building the Nord Stream 2 gas pipeline has vowed to appeal Germany’s refusal to remove the multibillion-dollar project from the restrictions laid out in the “discriminatory” EU Gas Directive
Russia fills coffers with gold & adds $2.5 billion to forex reserves during coronavirus peak
Russian gold and foreign currency holdings have hit $566 billion as of May 1, according to the latest data released by the country’s central bank
Eurasian Economic Commission reports lifting of customs declaration for certain goods
The decision came into force on May 7, 2020