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Russia

Glavgosexpertiza of Russia approves survey findings under project for port construction on Novaya Zemlya

Glavgosexpertiza (Russia’s Main Department of State Expertise) says that its experts have considered and approved the design documentation and engineering survey findings under the project on construction of a port on the Yuzhniy Island of the Novaya Zemlya Archipelago (Arkhangelsk Region) as infrastructure of Pavlovskoye Lead and Zinc Deposit. Pavlovskoye Lead and Zinc Deposit discovered in late 1990-ies is one ... Read More »

Russia Raids a Renowned Physics Institute, and Theories Abound

MOSCOW — The Lebedev Physics Institute in Moscow helped the Soviet Union detonate its first nuclear bomb, figured out how to build a hydrogen bomb and has stood for decades in the vanguard of Russian scientific achievement. Seven of its scientists have won Nobel Prizes. So it came as a shock last week when, shortly before celebrations to mark the ... Read More »

Russia’s Top Startups Meet at Digital Business Space in Moscow

MOSCOW: G8, an open discussion club set up by the Moscow Agency of Innovations in partnership with the Singapore-based investment holding Altergate, will greet investors and startup founders at its sixth weekly gathering at the Digital Business Space on November 7. “We have quite a diverse audience at these meetings: from representatives of corporations and banks to business angels and ... Read More »

Creation Of Russian Industry Area In Egypt To Start At Russia-Africa Summit

MOSCOW : The creation of a Russian industrial area in Egypt, which will become a gateway for exporting to Africa, will be launched at the upcoming Russia-Africa Summit, Russian Export Center Director General Andrey Slepnev said in an interview with Sputnik. The Russian resort city of Sochi will host the Russia-Africa Summit and business forum, co-chaired by Russia and Egypt, ... Read More »

Russia, Cuba To Cooperate In Fight Against Customs Violations

MOSCOW : Russian and Cuban customs services signed documents on law enforcement and training cooperation, the press service of the Russian department said. The corresponding protocol on cooperation in combating customs violations during air transportation and the memorandum on cooperation in the field of education and training of personnel were signed by Russian Federal Customs Service First Deputy Head Ruslan ... Read More »

Moscow Hopes For Progress In Russian-US Business

MOSCOW : Russia hopes for progress in creation of the Russian-US business consultative council, on which the countries’ leaders have agreed, Deputy Foreign Minister Sergey Ryabkov has said in an interview with Russia’s International Affairs newspaper. “We have plans to launch a business dialogue in the Russian-US context, as we call it, namely, to create a business consultative council. The ... Read More »

Belarus Finds Illegal Ukrainian Arms Shipments to Russia

Belarus has uncovered an illegal cross-border weapons smuggling network from Ukraine to Russia, the close Moscow ally’s top customs official has said. Kiev’s forces have been battling pro-Russian separatists in the Donbass region of eastern Ukraine since 2014 in a conflict that has claimed more than 13,000 lives. Sporadic fighting continues despite a ceasefire agreement. Belarussian security and customs agencies ... Read More »

World sport anti-doping body tells Russia to explain ‘inconsistencies’

The World Anti-Doping Agency (WADA) Monday gave Russia three weeks to explain “inconsistencies” in a cache of laboratory data handed over to investigators, raising the possibility of a fresh ban on the country in the build-up to the Tokyo Olympics. Russia stands to be declared non-compliant by WADA if it fails to explain why evidence of some positive tests handed ... Read More »

new Russian customs laws infuriate locals

Residents of South Ossetia are outraged over new Russian customs rules, which have made demands on automobiles entering the Russian Federation stricter and which have increased taxes and excise payments. Due to the Georgian-Ossetian conflict, especially after the August War of 2008, the Ossetian authorities completely blocked the route leading to Georgia. The only way to leave South Ossetia is ... Read More »

Russia, Belarus Plan To Create Common Tax, Customs Policy, Energy Market By 2021

MOSCOW : Russia and Belarus plan to create a common tax and customs system as well as common energy market by 2021, with other areas of integration set to include banking supervision and currency control, Russia’s Kommersant newspaper reported on Monday, citing sources. The relevant provisions are reportedly contained in the draft bilateral program of action that was initialed by ... Read More »

Vietnam, Russia boost cooperation in customs

General Director of the General Department of Vietnam Customs, Nguyen Van Can, held talks with Head of the Federal Customs Service of Russia, Vladimir Bulavin, in Russia’s capital city of Moscow on September 9, within the framework of bilateral cooperation between the two agencies. The bilateral talks aimed to enhance the effective and substantive implementation of commitments to promote trade ... Read More »

Finland tightens rules for Russian imported berries

Starting December 14th, phytosanitary certificates will be required to import berry crops (including those for personal consumption) from the Russian Federation to the territory of Finland. This decision was made in connection with the amendments to the EU directive regarding import restrictions for certain types of fruit crops. At the moment, citizens of the Russian Federation can import up to ... Read More »

Russian court orders seizure of stake in bank in dispute with Baring Vostok

MOSCOW (Reuters) – A court in Russia’s Far East ordered the seizure of a stake in Vostochny Bank [VOSEK.UL] held by private equity group Baring Vostok at Vostochny Bank’s own request, court documents published on Monday showed. Baring Vostok has been in the spotlight since the arrest earlier this year of several of its executives including U.S. investor Michael Calvey ... Read More »

Ambitious $300mn road project launched in Central Russia

Authorities in Russia’s Volgograd Region have launched the construction of a 12km-long (7 miles) bypass, already dubbed Russia’s largest road project for the next five years. “This project is one of the largest for the next five years [and] I’m not talking merely about money, I’m talking about the scale of the project. It is easy to see: at the ... Read More »

Trump says Russia might be invited to next year’s G7 Summit, though other leaders disagree

President Donald Trump said it is “certainly possible” that Russian President Vladimir Putin could be invited to next year’s Group of Seven Summit, though other member nations seemed to disapprove. Trump’s comment Sunday came after he repeatedly touted support for the move. The same day the world leaders convened at the summit in southwest France, European Council President Donald Tusk ... Read More »

Trump’s Idea To Buy Greenland Is Not Russia’s Business, Russia Will Not Interfere- Kremlin

MOSCOW : US President Donald Trump’s idea to purchase Greenland from Denmark is not the Kremlin’s business, since Russia does not engage in “international shopping” and does not want to meddle in US-Danish relations, Kremlin spokesman Dmitry Peskov said on Thursday. Trump has recently confirmed media reports about his interest in buying Greenland, while Greenland has said it is not ... Read More »

China warned it should not pin its hopes on Russian soybeans plugging supply gap caused by US trade war

Russian soybean exports to China are likely to remain low for the next few years, an agricultural specialist has warned, suggesting that amount produced will not be enough to provide a real alternative to the United States. China suspended purchases of US soybeans and other farm products this month after US President Donald Trump threatened to impose more tariffs on ... Read More »

Russia Warns China It Could Ban Timber Exports Over Illegal Logging

Russia could ban timber exports to China unless Beijing takes action to help mitigate the effects of illegal logging, a Russian government minister said in an interview published Thursday. Russian authorities this month attributed some of the vast wildfires that have engulfed portions of Siberia in recent weeks to arsonists trying to conceal illegal logging activity. Dmitry Kobylkin, Russia’s minister ... Read More »

A floating nuclear plant in Russia features a gym, bar, and pool. An expert calls it ‘Chernobyl on ice.’

For more than a decade, the Russian town of Pevek has anticipated the arrival of a floating nuclear-power plant. This month, it is finally slated to arrive, but first the plant must complete a 4,000-mile ocean voyage. The plant, called Akademik Lomonosov, is expected to supply electricity to an estimated 100,000 homes in a remote, far-east region of Russia — ... Read More »

First batch of Russian soybean cleared by Chinese customs

Some 4,431.6 tons of Russian soybeans were cleared by Chinese customs after inspection and quarantine on Monday, Nanjing customs announced on its official WeChat account. This was the first batch of Russian soybeans entering China since it approved soybean imports from all parts of Russia in late July. China imported 817,000 tons of soybeans from Russia in 2018, up 64.7 ... Read More »