BRICS and others
10th BRICS summit will be held in Johannesburg on July 25-27
Maksim Oreshkin
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Oreshkin: trend of rates reduction to persist in Russia
The general trend of rates reduction will persist in Russia, the country's Economic Development Minister Maksim Oreshkin said. "True, the rates have slightly risen, which is influencing, particularly the …
Oreshkin: inflation in Russia expected to exceed 4% target in 2019
Inflation in Russia will exceed the target of 4% in 2019, but drop again below that level in 2020, Economic Development Minister Maksim Oreshkin said. "Next year the VAT hike will push inflation slightly up above …
Russia to open Russky and Oktyabrsky offshore zones in autumn
This autumn special administrative regions (SAR) will be opened on Russky island in Vladivostok and Oktyabrsky island in the Kaliningrad region, where a special tax regime for offshore companies will be introduced, the head of …
Russia slaps retaliatory duties on US imports
Russia imposed extra duties from 25 to 40% on import of certain US goods in response to steel and aluminum duties earlier set by the US, the Ministry of Economic Development said. "Compensating measures apply as additional, higher …
Russia's import duties imposed on US estimated at $93 million
Russia's import duties on U.S. goods on the first stage are estimated at $93 million, the Russian Ministry of Economic Development said. Russian Economic Development Minister Maxim Oreshkin said yesterday …
Russia to earn 100 trillion rubles
Russia’s Economic Development Ministry revised its economic forecast. It was presented by Economy Minister Maxim Oreshkin at the State Duma meeting nu budget and taxes. Russia’s gross domestic product was …
Russian Economy Minister criticizes US for violating WTO international trade principles
Russian Economic Development Minister Maxim Oreshkin criticized the US for violating the principles of the WTO, comparing Washington’s approach to "shooting itself in the foot," TASS reports. Speaking at …
Oreshkin sees risks slowing growth of Russia's GDP to 1%
Russian Minister of Economic Development Maxim Oreshkin sees the risk of slowing GDP growth in Russia to 1% if the government does not solve the problems of demography and balance of payments, he said at the St. Petersburg …
Azerbaijani President receives Russian minister of economic development
Azerbaijani President Ilham Aliyev has received Russian Minister of Economic Development Maxim Oreshkin today. At the meeting, the sides noted successful development of bilateral relations …
Oreshkin: relations with Baku important for development of external relations, mentioned by Putin
Russian-Azerbaijani relations are very important in the context of the tasks set by Russian President Vladimir Putin in the course of his address to the Federal Assembly, the head of the Russian Ministry of Economic Development …
Russian economy minister: Russia cautious about privatization
Russia's government is cautious over its privatization program, Russian Economic Development Minister Maxim Oreshkin said. According to Oreshkin, the Russian government is now more cautious over its …
Oil prices mixed, but still holding near $70 per barrel
A sign of supply-side pressure in the United States is keeping a lid on an extended rally beyond the next psychological threshold
Oreshkin gives Russian economic growth rate forecast
Russia's economy is growing, its annual GDP growth will reach 3-3.5% over a couple of years, Russian Economic Development Minister Maxim Oreshkin said at the World Economic Forum in the Swiss ski resort of …
48t World Economic Forum opens in Davos
The 48th World Economic Forum kicks off in Davos today. It will be held amid the most impressive global economic growth over the past ten years and a positive outlook. The forum this year will be visited by a record number of political …
Oreshkin: Russia's industrial production situation in December to be better than in November
Russia's Minister of Economic Development Maxim Oreshkin expects that the situation in industrial production in December will be better than in November, when the index fell by 3.6% in annual terms. "The …
Ilham Aliyev receives Russia's minister of economic development
Azerbaijani President Ilham Aliyev has received a delegation led by Russia's Minister of Economic Development Maxim Oreshkin today in Baku. …
Russian Export Center office opened in Baku
An office of the Russian Export Center (REC) was opened in Baku today. The opening ceremony was attended by Russia's Minister of Economic Development Maxim Oreshkin, Azerbaijan's Economy Minister …
Russia's Oreshkin about ruble exchange rate in 2018
Russian Economy Development Minister Maxim Oreshkin said that the real ruble exchange rate next year will not deviate significantly from the current rates. He noted that Russia's inflation could fall lower than …
Russia’s Economic Development Ministry leaves inflation forecast 2017 unchanged
The Ministry of Economic Development maintains its forecast for inflation in Russia in 2017 in the range from 2.5% to 2.8%, the country's Economic Development Minister Maxim Oreshkin said. "Our forecast remains …
