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President Putin invites Swedish entrepreneurs to SPIEF-2019

President Putin also noted the importance of cooperation between Russia and Sweden in the Arctic

Russian President Vladimir Putin invited Swedish entrepreneurs to the St. Petersburg International Economic Forum, at a meeting with Swedish Prime Minister Stefan Lofven on Wednesday.

"We hope to see Swedish representatives at the next St. Petersburg Economic Forum," President Putin said.

Central Bank assesses economic situation in Russia as close to equilibrium

Earlier, Finance Minister Anton Siluanov said that the growth rate of the Russian economy in 2019 could exceed 1.3%

Putin: Russian national projects open up good prospects for Turkish business

Putin invited Turkish businessmen to take part in the St. Petersburg International Economic Forum

Russia’s national projects will open up big prospects for foreign investments, including Turkish business, Russian President Vladimir Putin said at a joint meeting with Turkish President Recep Tayyip Erdogan and representatives of the business circles of the two countries.

Putin: Russia remains reliable gas supplier for Turkey, unlike other Ankara’s partners

Russia remains a reliable gas supplier for Turkey, President Vladimir Putin told a press conference following the talks with his Turkish counterpart Recep Tayyip Erdogan on Monday.

"Turkey has many contracts in the area of gas supplies, with far from everyone fulfilling their contractual commitments," he said, adding that "Russia stably fulfills (them), both regarding volumes and prices."

Russia and Turkey to abolish entry visas for professional drivers

The two states are planning to continue work on visa regime liberalization

Russia and Turkey will take further steps to liberalize visa requirements and finally abolish entry visas for professional drivers, Russian President Vladimir Putin said on Monday after talks with his visiting Turkish counterpart, Recep Tayyip Erdogan.

WTO rules in Russia’s favor in dispute with Ukraine over transit of goods

Russia had grounds for imposing restrictions on Ukrainian cargo transit through Russian territory, the World Trade Organization (WTO) Dispute Settlement Body decided, according to the report published on Friday.

Russia, Egypt make progress in resuming full-format air traffic — Lavrov

Moscow and Cairo have achieved some progress in resuming the full-format air traffic between Russia and Egypt, Russia’s Foreign Minister Sergey Lavrov said in an interview with Egypt’s Al Ahram newspaper published on Saturday.

Lavrov, who is visiting Egypt on Saturday, said that during the upcoming meeting with Egyptian Foreign Minsiter Sameh Shoukry he was set to discuss plans of boosting bilateral trade and economic cooperation.

Russia, Turkey to create joint investment fund for 900 mln euro

Russia and Turkey will create a joint investment fund for 900 mln euro, Head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev told reporters.

"Today we will announce that we have finally created a Russian-Turkish investment fund. We worked on it for a long time and, there was a lot of discussion, and finally we created it. It is 900 mln euro. And we see that it will be extremely important to revitalize the Russian-Turkish investment," he said.

Hong Kong International Arbitration Center approved to expand to Russia

The Hong Kong International Arbitration Center has been approved to establish a permanent office in Russia, Russian Deputy Minister of Justice Denis Novak told reporters after a session of the arbitration council.

Armenia wants to move to five-year gas price agreement with Gazprom

Armenian Ministry of Energy Infrastructures and Natural Resources considers it expedient to switch to a five-year agreement on the price of gas with Gazprom instead of the practice of setting the price of gas annually, said the head of the ministry’s foreign relations department Tigran Melkonyan at a meeting of the intergovernmental commission on economic cooperation between the Russian Federation and Armenia on Wednesday.

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