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 …
Maksim Oreshkin
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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 …
Russia improves its position in Doing Business rating
Russia has moved up to 35th place from the 40th in the Doing Business-2018 rating, which is annually prepared by one of the World Bank's divisions, the country's Economic Development Minister Maxim Oreshkin said at a …
Russian Central Bank considers capital sanctions for crisis times
Russia's Finance Ministry and the country's Central Bank plan to discuss a mechanism to introduce capital controls in the event of a severe crisis, the country's Deputy Finance Minister Vladimir Kolychev …
Will bitcoin take over the world?
Bitcoin would have become a good tool in the hands of artificial intelligence, if it intended to take over the world, Russia’s Economic Development Minister Maxim Oreshkin said, speaking at the International Festival of …
Russia's authorities concerned about too low inflation
Russia's annual inflation this month will be below 3%, which, however, can ot be assessed as a positive phenomenon in terms of deviation from the Central Bank's goal of 4%, the head of the Russian Ministry of Economic Development …
8th Russian-Azerbaijani interregional forum 'Investments, innovations and tourism'. Stavropol
On September 28, The 8th Russian-Azerbaijani interregional forum titled 'Investments, Innovations, Tourism' was held in Stavropol, it was co-organized by the Russian Ministry of Economic Development and Azerbaijan's Ministry of Economy.
Vladimir Putin and Ilham Aliyev welcome 8th Russian-Azerbaijani inter-regional forum
The plenary session of the eighth Russian-Azerbaijani inter-regional forum under the motto "Investments, innovations and tourism" opened in Russia's Stavropol. Messages from Russian President Vladimir …
8th Russian-Azerbaijani inter-regional forum opens in Stavropol
Russia's Stavropol is hosting the eighth Russian-Azerbaijani inter-regional forum under the motto "Investments, innovations and tourism". Co-organized by the Russian Ministry of Economic Development and …
Oreshkin: positive trends in Russian economy to continue in next months
The Economic Development Ministry expects positive trends in Russia’s economy to continue in the next few months, the minister Maxim Oreshkin said. "In the next quarters, we expect a further positive trend in …
Oreshkin: markets have long been evaluating Russia’s credit rating higher than agencies
An increase of Russia’s rating by international rating agencies is inevitable after Fitch improved its outlook, Russia's Economic Development Minister Maxim Oreshkin said at a conference at Sberbank Corporate …
Putin predicts grand harvest this year
This year’s crop will beat all the previous records, Russian President Vladimir Putin said at a meeting with the head of the Ministry of Economic Development, Maxim Oreshkin. "It seems that there will be a record harvest once …
Oreshkin: Russia is US in early 1980s
Russian Economic Development Minister Maxim Oreshkin compared the current situation in Russia's economy with the state of affairs in the US economy in the first half of the 1980s. According to him, low and steady …
Russia's Oreshkin: ruble to be stable despite sanctions
Russian Economy Minister Maxim Oreshkin said that he expected the ruble to be steady in 2018-2020 despite Western sanctions and an expected decline in oil prices, RIA Novosti reported. The rouble firmed 6% so far this year to 57.73 …
Russian economy gains momentum, Putin says
The Russian economy has emerged from the crisis and is gaining momentum. This momentum should be maintained, Russian President Vladimir Putin said, adding that positive factors will gradually be felt by the population and business community. …
Economic Development Ministry predicts Russia 3 years of growth
Russia's Ministry of Economic Development has published a new prediction of the economic situation for the next three years, assuming the Western sanctions will remain in place to the end of this period. This year, the economy …
Russia's Economic Development Ministry expects stable ruble
Russia's Economic Development Minister Maxim Oreshkin expects that the ruble exchange rate will remain stable in the coming months. "The factors that influenced the ruble in the first half of the year are no …
Oreshkin: sanctions open up opportunities for European partners
New US sanctions open up opportunities for European companies to develop cooperation with Russia, Russian Economic Development Minister Maxim Oreshkin said after a meeting with French businesses. "The reaction on …
Russian Economy ministry: current ruble level reasonable
The ruble exchange rate should be "pretty stable" at current levels for the rest of the year after temporary factors affecting it in the first half have worn off, Russia’s economy minister Maxim Oreshkin said …