The duty on corn will be 2,671.7 rubles ($28.05) per metric ton.

The Arctic accounts for more than one quarter of the country’s whole territory, with around 2.5 mln people living there, Prime Minister Mikhail Mishustin noted.

Georgy Grusha noted that thanks to serious state support measures, the number of available rooms in Russia is growing.

"We are also ready to supply oil and gas, if there is interest, as well as Russian metals, fertilizers," the diplomat noted.

Chairman of Equity International General Trading, Salem Humaid Saif Almzaini, said that the company views the transaction as the first step to integration of the BRICS countries’ carbon markets.

Among the country’s top five air carriers were Aeroflot, Pobeda, Rossiya, S7, and Ural Airlines, Rosaviatsiya added.

Due to development of real sectors Russia’s GDP increased by 4.2% in the first eight months of this year, Mikhail Mishustin noted.

"Stable price growth rates remain at a high level given the September data and there are no notable signs of their slowdown so far," the regulator’s Deputy Governor Alexey Zabotkin said.

"To this end, we need to more broadly introduce domestic equipment and agricultural machinery, expand land reclamation, breeding, and genetics," the president said.

The Russian president also noted that it is necessary to expand the volume and range of products manufactured on the basis of Russian technologies.