News

Russia's trade surplus down 3.36% in January-April 2026
Exports during the reporting period increased by $4.5 bln to $135.4 bln, while imports rose by $6 bln to $92.3 bln.
Business in Russia
Russia exports record volume of agricultural products to EAEU in Q1
In the first quarter of 2026 Russia supplied around 3.6 mln tons of agricultural products worth more than $2.3 bln to EAEU markets.
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Riyadh ready to work with Moscow in rare metals sphere
Both Saudi Arabia and Russia are currently looking for ideas of creating economic projects capable of developing sustainably in conditions of the current market dynamics, Bandar Al-Khorayef added.
Business in Russia
St. Petersburg Technology Park to explore new areas in 2027
The Chairman of the St. Petersburg Committee on Industrial Policy, Innovations, and Trade Alexander Sitov added that the area of the park has been increased by 2.5 times.
Business in Russia
Russia’s absolute sovereignty, contours of next economic model discussed at SPIEF
Russia’s external debt currently stands at 10% and will soon be fully repaid, Russian Finance Minister Anton Siluanov said.
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Russia’s gravitas undeniable, foreign delegations at SPIEF prove it — Bosnian Serb leader
Milorad Dodik highlighted the importance of a "strong US delegation" being at the forum.
Business in Russia
Russian economy may grow by 2% by year-end
The head of the State Duma Committee on the Financial Market expressed the opinion that the Bank of Russia "will begin lowering the key rate more actively," which would lead to lower lending rates.
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Russia to begin lithium extraction in Murmansk Region this year
The Russian Natural Resources Minister Alexander Kozlov said, that industrial lithium production has not yet started in Russia and that preparations for its launch are currently underway.
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EAEU updates certain provisions of free trade agreement with Serbia
This measure will significantly streamline customs clearance for goods moving between the EAEU and Serbia, Chairman of the Board of the Eurasian Economic Commission Baqytzhan Saghyntayev said.
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Russia remains integral part of global economic system — Putin
The President noted that Russia remained open to constructive interaction with all partners who shared the principles of mutual respect and were ready to build honest long-term relations.
Business in Russia