The number of participants representing foreign companies at St. Petersburg International Economic Forum this year will be higher than in 2014, Russian Deputy Prime Minister Sergey Prikhodko told journalists ahead of the major economic forum.
Russia has given the green light for six Iranian companies to export food to Russia, the country’s food inspector Rosselkhoznadzor has said. Additional conditions guaranteeing complete safety are yet to be signed.
The BRICS New Development Bank is not an alternative to the IMF and the World Bank but rather a complement, said Presidential aide Sergey Glazyev. It will address the challenges that Western institutions currently ignore.
Russian smartphone maker Yota Devices has launched of its flagship, dual-screen YotaPhone 2 in China. The smartphone will be sold in partnership with China Unicom, the carrier with the second-largest subscriber list in the country.
Japan’s Prime Minister Shinzo Abe said he is ready to improve relations with Russia to a “new level,” adding that development of friendly ties with a major neighbor is a guarantee of stability and prosperity in East Asia in the 21st century.
Russia will appeal to the International Court of Justice if Ukrainian President Petro Poroshenko signs a moratorium on the payment of Ukraine’s external debt into law and fails to pay its debt to Russia, said Russian Finance Minister Anton Siluanov.
Russia’s Gazprom has confirmed its receiving another advance payment of $32 million from Naftogaz of Ukraine for May gas supplies. It’s Ukraine’s third installment this month, and brings the total paid in May to $102 million.
Serbia is interested in joining the Turkish Stream gas pipeline project, as it wants to ensure energy security for its citizens and cut dependence on deliveries via Ukraine, said the Serbian Minister of Foreign Affairs Ivica Dacic.