Russian non-energy export expected to reach $160 bln in 2019

The government expects that Russia’s non-energy exports will reach $160 bln in 2019, an increase of $9 bln compared with 2018, First Deputy Prime Minister, Finance Minister Anton Siluanov said at the meeting of the Presidential Council for Strategic Development and National Projects on Wednesday. Read More

Russia and Turkey to develop cargo supply via BTK

The Russian Railways Logistics JSC and the Turkish logistics operator Pacific Eurasia Logistics have agreed to establish a joint venture to develop logistics routes for cargo supply via the Baku-Tbilisi-Kars (BTK) railway, Trend reports referring to the External Communications Department of the Russian Railways Logistics company. Read More

The Ministry of economic development of the Russian Federation offers foreign investors to participate in a survey on “What changes are needed in Russian legislation so as to create the most comfortable environment for doing business in the RF

The Ministry of economic development of the Russian Federation offers foreign investors to participate in a survey on “What changes are needed in Russian legislation so as to create the most comfortable environment for doing business in the Russian Federation. Read More

Foreign investors show interest in agricultural projects in Crimea

Foreign investors are increasingly interested in potential of the agricultural sector of the republic of Crimea, Russian Deputy Minister of Industry and Trade Alexey Gruzdev told TASS.

Gruzdev is the Commissioner General of Russian participation in the International Horticultural Exhibition EXPO-2019.

“At all levels, we are marking the growing interest of foreign investors. We will welcome the participation of Chinese companies in projects in the Republic of Crimea,” he said.

“Thanks to its environmental conditions and active development of infrastructure this region is of great interest for investment projects, in particular in agriculture. The Yalta International Economic Forum, which was held recently, reaffirmed this,” he added.

According to the Deputy Minister, Crimea has a huge potential as a “unique international tourist center with wide recreational opportunities, fantastic nature and ancient historical monuments.”

Eurasian Economic Union may sign agreement on free trade zone with Serbia in October

The agreement of the Eurasian Economic Union (EAEU) on a free trade zone with Serbia is due to be signed in October 2019, member of the Board of the Eurasian Economic Commission Veronika Nikishina said at the international conference “From Idea to Reality: 25th Anniversary of Nursultan Nazarbayev’s Eurasian Initiative,” that is being held in the city of Nur-Sultan on Thursday.

“This year we ended negotiations with Serbia and are now launching the procedure for the signing of this agreement. We hope to sign it in October,” Nikishina said.

She noted that “just a step separates” the EAEU from “the end of negotiations with Singapore on a free trade zone.” “If we evince patience and will aimed at achieving results – we also want to sign this agreement this year,” the member of the Board of the Eurasian Economic Commission explained.

The conference gathered about 300 people, including management representatives for the Eurasian Economic Commission, the parliaments and the Russian and Kazakhstani foreign ministries.