22.8 C
Moscow
Tuesday, June 28, 2022
spot_img

SANCTIONS CONTEXT

CURRENCY EXCHANGE RATES

RUB - Russian Ruble
EUR
60.9451
USD
58.3750

LATEST MARKET STUDY

spot_img

Logistical issues to be solved in a new way while turning trade towards Asia

To successfully turn foreign trade towards Asia, Russia needs to solve logistical issues in a new way when developing trade processes, said the head of the Ministry of Economic Development Maxim Reshetnikov. Currently, the possibilities of increasing the capacity of the Far Eastern ports are being considered. There is also an option to use the Eurasian infrastructure, i.e. potential of neighboring states as transit countries, he said.

The minister is taking part in a meeting of trade ministers of the countries participating in the Asia-Pacific Economic Cooperation (APEC) forum, which is taking place these days in Thailand’s capital.

Related Articles

The Russian Export Center ready to test transactions in cryptocurrency

The Russian Export Center, which fell under sanctions, is considering the possibility of making payments in cryptocurrencies. This was announced at SPIEF by its...

Russian Academy of Sciences commented on exchange rate dynamics

The higher exchange rate of the ruble is useful for curbing inflation, but it negatively affects the export revenues of the state budget and...

EAEU to negotiate free trade opportunitites with Indonesia

The Eurasian Economic Union (EAEU) will start negotiations on a free trade regime with Indonesia. The decision was made at the summit of the...