Russia-ASEAN bilateral investment set to grow
In 2012, Russia invested $2.2 billion in the ASEAN countries and received some $1.4 billion in return investment. There is immense potential for two-way trade and investment, according to experts
Supportive environment aids trade growth - Anand Sharma
India’s Minister of Commerce, Industry and Textiles, was in Moscow over the weekend. At a press-conference at the Ritz Carlton, he shared his views on the most important issues on the Indo-Russian business agenda
Foreign investors to have easier access to Russian strategic assets
The government approved rules proposed by the Federal Anti-Monopoly Service to liberalise the access of foreign investors to strategic assets such as mineral deposits
Russia open for new investment projects – Putin
President Vladimir Putin on Wednesday played up Russia’s potential as an investment destination as he tried to reassure investors at a summit of the world’s leading emerging market economies that the country was open for new business projects.
Russia to become developed country in 7 years - report
Bank of America Merrill Lynch research report suggests that the country’s demographic problems will actually be a catalyst for better changes
India to broaden business links with Siberia
With Novosibirsk's distinguishing feature being the application of advanced scientific technologies of production, the region is specially looking for cooperation with India
Krasnoyarsk entrepreneurs to sign anti-corruption charter at forum
The Krasnoyarsk Economic Forum, one of Siberia’s largest investment venues, kicked off today with local businesspeople pledging to sign an anti-corruption charter.
Asia to oust Europe as Russia’s largest trading partner
China, India and Indonesia will become the main drivers of bilateral trade growth, according to Russian experts
ONGC’s Magadan foray could be a win-win situation
Indian participation in the Magadan offshore projects would help the country gain access to promising oilfields, while Rosneft can save on investment costs
Moscow exchange faces tough sell-off challenge
Russia is set to privatize three large-scale holdings in 2013, and Putin wants shares sold on the Russian market. Experts believe privatizing them via the Moscow Stock Exchange is likely to make them less successful
Investment climate improvement main RF task - Putin
One of the main objectives for the Russian government is to improve the country’s investment climate, RF President Vladimir Putin stated at an enlarged meeting of the Cabinet on Thursday.
Goldman Sachs and the dark days of Russia
The return of Goldman Sachs to Russia is a throwback to the dark days of the early 1990s when Western advisors played a catalytic role in the collapse of the Russian economy
Falling oil output makes Imperial Energy a liability for ONGC in Russia
The Indian oil and gas bellwether is reportedly planning to focus on Imperial’s operations only in a few oil fields with the purpose of reducing losses
Rosneft to invest $10 bln In Venezuela projects
Rosneft’s investment in the current projects in Venezuela will total $10 billion, the Russian state-owned oil company’s president, Igor Sechin, said Wednesday.
Russia hires Goldman Sachs to polish investment image
The investment bank will promote Russia’s contacts with international rating agencies, help organise roadshows, and bring together Russian officials with investors
Esther Dyson on start-ups, science and space
American entrepreneur and angel investor Esther Dyson urges Russia to create an environment that fosters innovation in business, and to pursue its dreams of exploring Mars
Indian investors to set up three companies in Yaroslavl Region
Indian entrepreneurs are considering setting up companies in the Yaroslavl Region to process milk and produce car parts and sports equipment, the press service of the region’s government reports.
For BRICS, another first – Revenue heads meet in Delhi
The grouping looks at preventing the base erosion and profit shifting through mutual cooperation by practices that involve abuse of tax treaty benefits and incomplete disclosure of information and fraudulent claims
IMF supporting Russia’s agenda in G20, says Lagarde
International Monetary Fund supports Russia’s agenda at the Group of Twenty leading powers of the world, IMF Managing Director Christine Lagarde told a news conference that was held on the occasion of the new year at the headquarters of the Fund in W
Plan for Far East development unveiled
The state programme proposal calls for increasing the population in the Far East and the Lake Baikal area from the current 10.9 million to 12.4 million by the time of its completion