Russia to Hold G8 Summit in Sochi on June 4-5, 2014 – Putin

File Photo of G8 Heads of State Outdoors in 2013

(RIA Novosti – LOUGH ERNE, June 19, 2013) The next G8 summit will take place in the southern Russian Black Sea resort of Sochi in June 2014, Russian President Vladimir Putin announced Tuesday. “The Group of Eight summit I have invited my counterparts to will be held on June 4-5, 2014, in Sochi,” Putin told journalists after a G8 summit […]

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Georgian wine starts flowing across Russian border

Tblisi, Georgia, File Photo with Building with Tower on Hillside and City Buildings in Valley in Distance

(Business New Europe – bne.eu – June 17, 2013) A Georgian vintner exported its first shipment of wine to Russia in seven years on June 14, as the lifting of Moscow’s ban on wine imports from its small southern neighbour is finally sealed. The Dugladze winery announced that it had delivered an initial shipment of 30 bottles, which will be […]

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TRANSCRIPT: [Putin] Interview to RIA Novosti News Agency

File Photo of Vladimir Putin Sitting at Desk

(Kremlin.ru – June 14, 2013) Ahead of the G8 summit in Great Britain and the St Petersburg International Economic Forum (SPIEF), Vladimir Putin answered questions from Russian News & Information Agency. QUESTION: You are going to the G8 summit not only as the head of one of the member states, but also as the leader of the country that currently […]

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Russian official: G20 tackling too many issues, IMF reforms stalled

File Photo of Russia-Hosted G20 Banners Outdoors Before Yellow and White Facade of Historic-Looking Building

(Interfax – MOSCOW, June 11, 2013) The range of issues being considered by the G20 has gotten too broad and the Seoul agreements to recapitalize and redistribute quotas in the International Monetary Fund are not being carried out, but the group of 20 major economies has managed to resolve the problem of bailing out too-big-to-fail banks with taxpayer money, Russian […]

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Putin Says ‘Eurasian Integration’ Top Priority For Russia

Vladimir Putin file photo

(RIA Novosti – Moscow, June 10, 2013) Russian President Vladimir Putin has named promoting partnership with CIS countries, enhancing Eurasian integration in the framework of the Customs Union and Single Economic Space, and creating the Eurasian Economic Union by 2015 as most important priorities of Russia’s foreign policy. At a meeting on federal executive bodies’ action plans to achieve Russian […]

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Russia Invests in American Cows

File Photo of Cattle Grazing

(Moscow Times – themoscowtimes.com – June 7, 2013 – Anatoly Medetsky) The right species of foreign agent can get incentives to prosper and propagate in Russia, as shown by a deal announced Thursday. A unit of state-controlled lender Sberbank said it agreed to loan 1 billion rubles ($33 million) to an agricultural company for expanding its herd of U.S. bovines. […]

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Tbilisi says supplies of Georgian wine to Russia to resume next week

Tblisi, Georgia, File Photo with Building with Tower on Hillside and City Buildings in Valley in Distance

(Interfax – TBILISI, June 6, 2013) A first batch of Georgian wine will be sent to Russia next week, Head of the National Wine Agency of the Georgia Agriculture Ministry, Levan Davitashvili, said at a briefing on Thursday. “Two Georgian wine enterprises have already received Russian excise stamps and plan to begin supplying their products to Russia next week,” Davitashvili […]

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WTO policy on GMO food fuels fears in Russia

Field of Grain file photo

(Russia Beyond the Headlines – rbth.ru – Marina Obrazkova, special to RBTH – June 5, 2013) With GMO products paving their way into Russia, people become concerned with the trend. While some support GMO products, others express their doubts. Russia is gradually starting to fulfil its obligations as a member of the World Trade Organization (WTO). One of these obligations […]

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The Eurasian Union – Fending Off European Ailments

Map of Western CIS/FSU and European Environs

(RIA Novosti – Fyodor Lukyanov – May 30, 2013 – Fyodor Lukyanov is Editor-in-Chief of the Russia in Global Affairs journal, an authoritative source of expertise on Russian foreign policy and global developments)  Astana recently hosted a Customs Union summit. The integration project is taking shape on the fly, so each summit evokes a great deal of interest. What if […]

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Russian, U.S. business can improve bilateral economic cooperation – Ryabkov

Empty Boardroom

(Interfax – MOSCOW, May 28, 2013) There will be no quality change in Russia-U.S. economic cooperation until businessmen of the two countries realize they really need each other, Russian Deputy Foreign Minister Sergei Ryabkov said. “Sure, last year’s trade turnover of $32 billion is ridiculous not only considering the scope of the U.S. and, also, Russian economy but also considering […]

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First batches of Georgia’s Borzhomi mineral water arrive in Russia

Map of Georgia

(Interfax – MOSCOW, May 22, 2013) Georgia has resumed exports of Borzhomi mineral water to Russia after a long-term pause. “On May 22, two trucks with Georgian mineral water Borzhomi were cleared at the Mamontovo customs office of the Moscow region customs of the Central Customs Department. The vehicles came from Georgia and went to suppliers in Moscow stores after […]

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Russia and the W.T.O.: Equality without Fraternity

WTO Logo

(Russia Beyond the Headlines – rbth.ru – Fedor Kikta, special to RBTH – May 15, 2013) Europe’s auto exporters are irked by Russia’s “scrappage tax” amid mounting environmental pressure. When Russia’s record 18-year-long bid to join the World Trade Organization finally concluded successfully last year, one of the last major stumbling blocks concerned car important tariffs. For the last decade […]

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U.S. Investors Underline Importance of Trade Ties Over Political Rifts

Oil Worker file photo

(Moscow Times – themoscowtimes.com – Anatoly Medetsky – April 25, 2013) ExxonMobil was a highlight of an investment conference in Moscow on Wednesday, attended by U.S. Ambassador Michael McFaul, where speakers discussed the prospects of U.S. business in Russia. Organized by the American Chamber of Commerce in Russia, the event sought to emphasize trade and investment despite political tensions between […]

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Most Georgians approve of planned resumption of wine exports to Russia – poll

Tblisi, Georgia, File Photo with Building with Tower on Hillside and City Buildings in Valley in Distance

(Interfax – TBILISI, April 15, 2013) A vast majority of Georgians approve of the government’s plan to resume exports of wine, mineral water and agricultural produce to Russia, an opinion poll suggests. Current Georgian-Russian talks on the resumption of such exports were acceptable to 84% of respondents and unacceptable to only 3% of respondents in a recent survey by the […]

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Russian Public Chamber wants more support of exports, agriculture in WTO

Field of Grain file photo

(Interfax – MOSCOW. April 12, 2013) The Russian Audit Chamber has looked into the observance of Russia’s obligations and the realization of Russia’s rights in its accession to the World Trade Organization (WTO) and suggests providing more support for exports and agriculture, the Public Chamber said in a press release. Participants in the Public Chamber collegium held on April 8 […]

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Russia Seeks China Resources Investment – Shuvalov

China Map

(RIA Novosti – MOSCOW, April 10, 2013) ­ Russia plans to offer Chinese investors participation in joint natural resources projects and is ready to give Beijing access to Russian mineral deposits, First Deputy Prime Minister Igor Shuvalov said on Wednesday. In an interview with Chinese media ahead of a visit by a Russian delegation on April 15, Shuvalov said Russia […]

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Majority of Georgian wine, farm products to return to Russia by June – minister

Georgia Map

(Interfax – TBILISI, April 8, 2013) The return of Georgian wine, mineral water, fruit, vegetables and other produce to Russia is going successfully and supplies might resume by June, Georgian Minister of Agriculture David Kirvalidze said at a briefing on Monday. “We have stepped forward in both directions,” Kirvalidze said when commenting on the second inspection the Russian consumer rights […]

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BRICS to Set Up Joint Business Council

File Photo of Flags of BRICS Nations and BRICS Logo from Past Summit

(Moscow Times – themoscowtimes.com – Anatoly Medetsky – March 28, 2013) Russia and four other major emerging economies on Wednesday agreed to set up a council that seeks to facilitate joint business projects. But the five countries, known as BRICS, put off the establishment of a joint development bank, saying the move requires more work. A brief dust-up involving President […]

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BRICS summit and China’s trip to Moscow marks a new era

File Photo of Flags of BRICS Nations and BRICS Logo from Past Summit

(Business New Europe – bne.eu – March 28, 2013) Russian President Vladimir Putin was in South Africa on March 27 at the opening of the BRICS summit to highlight the growing importance of the emerging markets club that are increasingly taking the lead when it comes to global growth. “Work in the BRICS group is one of Russia’s foreign policy […]

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BRICS summit to discuss global economic recovery

File Photo of Flags of BRICS Nations and BRICS Logo from Past Summit

(Interfax – MOSCOW, March 26, 2013) – Proposals for global economic recovery dominate the agenda for a planned summit of BRICS on Tuesday and Wednesday. President Vladimir Putin will represent Russia at what is the fifth summit of Brazil, Russia, India, China and South Africa. The meeting will be held in Durban, South Africa. “The pace of growth of the […]

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Russia reveals its strategy for BRICS cooperation

File Photo of Flags of BRICS Nations and BRICS Logo from Past Summit

(Russia Beyond the Headlines – rbth.ru – Yuri Paniyev, special to RBTH – March 26, 2013) Russian Foreign Ministry has released an official strategy for Russia’s participation in the BRICS association. The document stresses the need to turn the bloc into a comprehensive institution for daily cooperation on key global issues The Kremlin and Russian Foreign Ministry have released an […]

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Russian rejects Cyprus to embrace China

Cyprus Map

(Business New Europe – bne.eu – March 25, 2013) The news images on Friday were dripping with symbolism. A Cypriot delegation lead by Finance minister Michael Sarris was on its way out to the airport having failed to secure a 10bn rescue package from the Kremlin, while newly anointed Chinese premier Xi Jinping was on his way in from the […]

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BRICS format is non-military – top Russian diplomat

File Photo of Flags of BRICS Nations and BRICS Logo from Past Summit

MOSCOW. March 21 (Interfax) – The BRICS group (Brazil, Russia, India, China and South Africa) will not form a military alliance and will center its efforts on tackling economic and social issues, Russian Deputy Foreign Minister Sergei Ryabkov said. “I would like to reiterate once again that BRICS is not a bloc directed against third states. This principle was firmly […]

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Four BRICS Deals Expected When Putin Visits Africa

File Photo of Flags of BRICS Nations and BRICS Logo from Past Summit

(Moscow Times – themoscowtimes.com – Rajeev Sharma – March 20, 2013) NEW DELHI ­ At least four deals will be reached at a BRICS summit that President Vladimir Putin will attend in South Africa next week, including the establishment of a business council and a consortium of think tanks from BRICS countries, a senior Indian official said. Also high on […]

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Chagrin and Ambivalence in Putin’s Foreign Policy

File Photo of Vladimir Putin Sitting at Desk

(Eurasia Daily Monitor: Volume 10, Issue 45 – Jamestown Foundation – jamestown.org – Pavel K. Baev – March 11, 2013) Entering the second year of his third presidency, President Vladimir Putin has shown uncharacteristically scant interest to foreign policy matters perhaps suspecting that Western “partners” are sponsoring Russia’s opposition movement and that neighboring post-Soviet leaders and even Chinese “friends” are […]

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NEWSLINK: Russia & Georgia: Wine-Tasting

Tblisi, Georgia, File Photo with Building with Tower on Hillside and City Buildings in Valley in Distance

[Russia & Georgia: wine tasting – Financial Times – Isabel Gorst – March 7, 2013 – http://blogs.ft.com/beyond-brics/2013/03/06/russia-georgia-wine-tasting/] The Financial Times covers preparations to lift Russia’s ban on Georgian wine and mineral water imports, as the two countries look towards trade as an initial foundation for improved relations: Sanitary inspectors in Russia look set to lift a ban on Georgian wine […]

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Putin Pipeline to Send 25% of Russia’s Oil Exports East

Oil Well file photo

(Bloomberg – bloomberg.com – Jake Rudnitsky – March 7, 2013) Russia is on course to send an unprecedented 25 percent of its crude exports to eastern markets by 2015 as rising demand from China and other Asian consumers attracts sales at the expense of Europe. The country sent 1.1 million barrels a day east in February, or 22 percent of […]

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Russia Will React If U.S.-EU Trade Deal Harms, Fund Says

EU Map

(Bloomberg – bloomberg.com – Joseph de Weck – February 7, 2013) Russia may pivot to Asia should the proposed U.S.-European Union free-trade agreement hurt its businesses, said Kirill Dmitriev, the Chief Executive Officer of the $10 billion Russian Direct Investment Fund. “Any attempt to use the liberal language of free trade to create something that excludes other countries and puts […]

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TRANSCRIPT: Prime Minister Dmitry Medvedev’s interview with the Brazilian TV network Globo

Dmitry Medvedev file photo

(Governent.ru – February 26, 2013) Correspondent (via interpreter): Mr Prime Minister, thank you very much for finding time for Globo in your schedule. In your recent article in the influential Financial Times, you wrote that Russia should look to the East, to the Asia-Pacific Region. How, looking East, did you wind up in Brazil?  Did you follow Columbus who set […]

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Finance reform is key for Russia’s G20 presidency

G20 Logo

(Russia Beyond the Headlines – www.rbth.ru – Alexander Yakovenko, special to RBTH – February 26, 2013) Alexander Yakovenko is Ambassador of the Russian Federation to the United Kingdom. He was previously Deputy Minister of Foreign Affairs of the Russian Federation. The first meeting of the G20 Finance Ministers and Central Bank Governors under Russia’s G20 presidency was held in Moscow […]

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G20 Leaders Pledge to Avoid Currency Wars

File Photo of Cash, Coins, Line Graph

(Moscow Times – themoscowtimes.com – Alexander Bratersky – February 18, 2013) Leaders of the Group of 20 said Saturday that global economic growth remains weak despite government measures, but they agreed to avoid currency wars intended to stimulate the economy by devaluing their money. A meeting of the group’s finance ministers and central bankers was held in Moscow for the […]

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Post-Soviet Integration is Unstoppable – Putin

Map of Western CIS/FSU and European Environs

MOSCOW, February 14 (RIA Novosti) ­ Nothing can stop or slow down the reintegration of the post-Soviet space, Russian President Vladimir Putin said on Thursday. “We’ve heard some recent nervous and outspoken remarks regarding integration in the post-Soviet space. Let’s put them down to the emotional rhetoric of these politicians,” Putin said at a meeting of FSB (Federal Security Service) […]

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U.S. criticizes Russia over meat ban

File Photo of U.S. Dairy Cows

WASHINGTON/MOSCOW. Feb 12 (Interfax) – The United States has criticized the ban Russia imposed on meat imports from February 11 due to ractopamine and says Russia is violating WTO regulations. The Russian agriculture watchdog Rosselkhoznadzor says other countries, including WTO members, have also banned imports of U.S. meat produced with ractopamine and Russia is simply following their example. In a […]

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Reflecting on 2012: A year in Moscow as the U.S. Ambassador

Ambassador Michael McFaul file photo

(Ambassador Michael McFaul – Russia Beyond the Headlines – www.rbth.ru – February 8, 2013 – Michael Mcfaul is the U.S. Ambassador in Russia) A year ago, I arrived in Moscow to represent my country as the U.S. Ambassador to the Russian Federation. This is a good moment to reflect on the state of U.S.-Russian relations and my role in developing […]

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Sixty-nine Georgian wine, mineral water firms apply for exports to Russia

Georgia Map

MOSCOW. Feb 12 (Interfax) – A total of 69 Georgian wine and mineral water producers have applied to export product to Russia, Russian consumer safety watchdog Rospotrebnadzor said. “All of the documents received have been forwarded to Rospotrebnadzor experts for study. Priority will be given to those 31 organizations that have submitted information for the documentary check in full. The […]

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Georgian Wine Could Be Allowed by Spring, Onishchenko Says

Tblisi, Georgia, File Photo with Building with Tower on Hillside and City Buildings in Valley in Distance

(Moscow Times – themoscowtimes.com – Nikolaus von Twickel – February 5, 2013) Georgian wine and mineral water could return to Russian store shelves as early as this spring, Russia’s chief sanitary official said Monday. Moscow will send teams of sanitary inspectors to facilities in Georgia, Gennady Onishchenko told reporters. If they approve local quality levels, producers can register in Russia […]

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Revising the concept of Eurasia

Eurasia Map

In Russia, Eurasia is usually assumed to mean the post-Soviet space. The integration project Moscow has been actively promoting over the past four years is even called the Eurasian Union. However, the interpretation of Eurasia as the territory of the former Russian Empire and the Soviet Union is now outdated.

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TRANSCRIPT: Dmitry Medvedev’s interview with the German newspaper Handelsblatt

File Photo of "World Economic Forum" Display at Davos from Past Session

(Government.ru – January 28, 2013) Correspondent (via interpreter): Prime Minister, it is a great honour for us that you have agreed to give an interview to our newspaper, Handelsblatt. We are an economic publication and we cannot wait to hear what you will tell us. Dmitry Medvedev: I am glad to meet you and I am glad of the opportunity […]

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TRANSCRIPT: Neue Zurcher Zeitung interviews Prime Minister Dmitry Medvedev

File Photo of "World Economic Forum" Display at Davos from Past Session

(Government.ru – January 25, 2013) Correspondent: As the Prime Minister, you are known for supporting the need to make tough and honest assessments of the situation both domestically and internationally. The scenarios developed by the World Economic Forum (WEF) show that the time for simple reforms has passed already in Russia… The reform process needs a boost to overcome corruption […]

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Medvedev: U.S. Magnitsky Act, Russia’s response do not benefit relations between countries

File Photo of U.S. Capitol Dome

(Interfax – January 28, 2013) Russian Prime Minister Dmitry Medvedev has described as an intentional legal mistake the adoption of the Magnitsky Act by the U.S. Congress. “I think that the whole situation is bad. It is not beneficial for either Russian-American relations or international law and order,” he said in an interview with CNN, the transcript of which is […]

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[TRANSCRIPT] Dmitry Medvedev’s interview with NTV

File Photo of "World Economic Forum" Display at Davos from Past Session

(Government.ru – January 24, 2013) Question: Mr Medvedev, you were here in 2007, one year before you were elected President. The key point of your policy speech then (which we all remember) was “Freedom is better than unfreedom.” What phrase would you use now, six years on? What would you say to the West with the same succinctness or perhaps […]

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[TRANSCRIPT: Medvedev, Dvorkovich:] A working breakfast with foreign investors in Davos

File Photo of "World Economic Forum" Display at Davos from Past Session

(Government.ru – January 24, 2013) Dmitry Medvedev: Good morning. I hope it is truly a good morning for you. Arkady Dvorkovich: It is. We have just managed to discuss a number of issues regarding global and Russian economic growth. And we have even held a vote on possible global and Russian economic growth rates. Dmitry Medvedev: And what did the […]

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TRANSCRIPT: A panel discussion on the G20 in Davos – Dmitry Medvedev’s speech at the discussion

File Photo of "World Economic Forum" Display at Davos from Past Session

(Government.ru – January 24, 2013) Ladies and gentlemen, I’d like to tell you about our view of the G20 and our plans. Last December Russia took up the baton of the G20 chairmanship, one of the most influential informal associations in the world. This is common knowledge, but I will repeat that the G20 countries account for about 90% of […]

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TRANSCRIPT: Plenary session of the World Economic Forum in Davos – Speech by Dmitry Medvedev

File Photo of "World Economic Forum" Display at Davos from Past Session

(Government.ru – January 23, 2013) Mr Schwab (Klaus Schwab, founder and executive chairman of the World Economic Forum in Davos), ladies and gentlemen. Apparently, my task is to refute all three of the scenarios in about 20 minutes and to explain what we are going to do. I will certainly do that, but first of all I would like to […]

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Medvedev outlines positive scenario at Davos; Russian Prime Minister Dmitry Medvedev addresses the problem of Russia’s integration into the global economy at the 2013 World Economic Forum in Davos.

File Photo of "World Economic Forum" Display at Davos from Past Session

(Russia Beyond the Headlines/Interfax – www.rbth.ru – Alexander Panov, based on Interfax – January 23, 2013) Russian Prime Minister Dmitry Medvedev made an appearance at the 2013 World Economic Forum in Davos to discuss Russia’s economic future in a global perspective. In his speech to the Forum audience Medvedev discusses the need for an increase in competitive power for Russian […]

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Medvedev Courts Davos Skeptics With Better-Than-China Pitch

Medvedev at Past World Economic Forum Meeting in Davos

(Bloomberg – bloomberg.com – Henry Meyer, Scott Rose and Ryan Chilcote – January 22, 2013) Russia has a $10 billion sales pitch for investors at this year’s World Economic Forum: give us your money and we’ll worry about corruption for you. That was the line from First Deputy Prime Minister Igor Shuvalov in an interview with Bloomberg Television last week […]

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Russia’s economy: facing down challenges; The head of the OECD says Russia has work ahead to fulfill its leadership potential

OECD Logo

(Moscow News – themoscownews.com – January 21, 2013) Angel Gurria, secretary general of the Organization for Economic Cooperation and Development, addressed the Gaidar Forum in a keynote address on Friday. [The global economic outlook] has deteriorated again, and the word “again” is probably the more operative one. We are indeed far from being out of the woods. We predict a […]

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Ministers Offered WTO Training

WTO Logo

(Moscow Times – themoscowtimes.com – Roland Oliphant – January 21, 2013) Government ministers were offered a free crash course in WTO rules after one of the country’s most senior financiers savaged officials for failing to understand the organization Russia finally joined last year. Pascal Lamy, the head of the World Trade Organization, said Friday that the group would be willing […]

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WTO provides Russia with pluses for protecting domestic agro market – Russian Agriculture Minister

File Photo of U.S. Dairy Cows

(Interfax – January 21, 2013) Russia’s accession to the World Trade Organization (WTO) brought the country many advantages for protecting the domestic agriculture market, Agriculture Minister Nikolai Fyodorov said at a press conference in Berlin. “We view WTO accession as satisfactory and believe that it provides more pluses for protecting the domestic market,” he said. Membership in the international trade […]

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Russia losing out from globalization of economy – Gref

World Map Showing Continents, Greens, Browns, Ice

(Interfax – January 17, 2013) The Russian economy is losing out from the process of globalization, Sberbank (RTS: SBER) president German Gref believes. “A question: are we gaining or losing on global markets? Answer: losing. We gained in all recent years only thanks to resource exports. On all other positions we are losing,” Gref said at the Gaidar Forum, commenting […]

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