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Russian PM signed documents to establish advance development territories in seven regions

Documents regarding establishment of advance development territories (ADT) in seven Russian regions were signed, Prime Minister Dmitry Medvedev said on Monday.

"I signed the whole package of decisions to set up ADT - these are 7 advance socioeconomic development territories in Oryol, Volgograd, Chelyabinsk, Novosibirsk, Novgorod, Kirov and Tula regions," Medvedev said.

Gazprom confirms restart of gas supplies from Turkmenistan

The Russian company suspended buying Turkmen gas in 2016

Gazprom confirmed resumption of gas supplies from Turkmenistan, the Russian gas holding told TASS on Monday.

"We confirm deliveries from Turkmenistan," Gazprom says.

Japan, Russia discuss joint economic cooperation on Kuril Islands

Moscow and Tokyo are currently holding consultations on a joint economic activity on the southern Kuril Islands in five areas

Representatives of Japan and Russia held another round of talks on joint economic activity on the Southern Kuril Islands, with the focus on a framework aimed at facilitating the implementation of bilateral projects, the Japanese Foreign Ministry told TASS after the consultations.

Russian Central Bank has instruments to withstand external shocks — head

Head of the Russian Central Bank Elvira Nabiullina said the Central Bank proceeds in its forecasts from the assumption that sanctions will remain

Russia's Central Bank has necessary financial instruments to withstand external shocks, the bank's head Elvira Nabiullina said on the sidelines of the annual meeting of the International Monetary Fund and the World Bank in Washington.

North Korea interested in buying Russian passenger planes - Russian senior MP

Pyongyang seeks to boost flight safety, deputy speaker of the Russian State Duma Sergei Neverov noted

North Korea is interested in buying new Russian civil aircraft to boost flight safety, Sergei Neverov, a deputy speaker of the Russian State Duma lower parliament house, who leads a Russian parliamentary delegation visiting Pyongyang, told TASS on Sunday.

Rusal, Braidy Industries to build US aluminium rolling mill for automotive industry

The rolling mill’s annual design capacity will be 500,000 tonnes of hot rolled band and 300,000 tonnes of fully finished cold rolled products

Russia’s aluminum giant Rusal and US holding company Braidy Industries Inc. plan to fulfill a joint project on producing flat rolled aluminium products for the US automotive industry in Ashland, Kentucky, Rusal’s press service said on Monday.

Russia to invest $11.4 bln in Northern Sea Route until 2024

According to head Rosatom, Alexey Likhachev companies implementing projects in the Arctic region will invest in the development of the port and the nearby infrastructure

Russia will invest 735 bln rubles ($11.4 bln) in the Northern Sea Route until 2024, head of Russian nuclear corporation Rosatom, Alexey Likhachev said in an interview with TASS at the International Arctic Forum.

He added that budget funds will account for one third of this amount.

Macroeconomic situation in Russia is healthy, says IMF

Christine Lagarde still thinks, however, that more deep and structural reforms are needed

The macroeconomic situation in Russia is healthy but the country needs to proceed with structural reforms to unlock the potential for economic growth, IMF Managing Director Christine Lagarde said at a press conference on Thursday.

Rare emerald over 1 kg to be put up for auction in Russia

Seven out of ten emeralds recognized as the best in the world come from the Urals

Swedish companies eye joint Arctic projects with Russia

Russia's St. Petersburg is hosting the International Arctic Forum - Arctic: Territory of Dialogue

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