The parallel import mechanism was introduced in Russia in early May 2022 in response to sanctions from unfriendly countries. By the end of 2022, parallel imports to Russia exceeded $20 billion, ...

Foreign retailers who previously left the Russian market have not yet submitted official applications to return to the country, but if they plan to do so they will face conditions for localizing ...

MOSCOW. June 2 (Interfax) - Russian Agricultural Bank (RusAg) is considering using cryptocurrencies for settlements in grain trading, the lender said in a press release.

In Q1 2025, the company's revenue fell 8.5% quarter-on-quarter to 2.283 trillion rubles amid falling ruble prices for Urals oil, compared to a forecast was 2.25 trillion rubles. At the same time, ...

MOSCOW. May 30 (Interfax) - Russia's Rosatom state nuclear energy corporation will continue working this year to ensure that several power units are ready for commissioning in Bangladesh and Turkey, ...

SIRIUS. May 30 (Interfax) - The decision to impose export quotas on fertilizers from Russia, which is in effect until the end of November, may be extended in the autumn, Deputy Prime Minister Dmitry ...

SIRIUS. May 30 (Interfax) - Russia's exports of grain should total 75 million tonnes and leguminous crops should total 5 million tonnes by 2030, Deputy Agriculture Minister Maxim Markovich said on ...

MOSCOW. May 30 (Interfax) - The recent slowdown in inflation in Russia has given the Central Bank room for monetary policy decisions, including the possibility of slight loosening, Finance Minister ...

The safety of navigation in the Black Sea will be included one way or another in the list of potential future understandings as part of Russia-Ukraine negotiations, Russian presidential press ...

Consequently, Lukoil's stake in the project has increased to 10%.

MINSK. May 30 (Interfax) - Partnership agreements between the Eurasian Economic Union (EAEU) and the United Arab Emirates (UAE) and Mongolia will be signed in Minsk in late June, Belarusian Deputy ...

According to ATOR, Turkey remains a traditional leader among foreign destinations with 3.15 million tourists, tourism there is projected to increase by 15% from summer 2024. It is followed by Abkhazia ...