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    Putin Talks With Biden: Discussions ‘Satisfactory’

    Russian President Vladimir Putin held the first call with new US President Joe Biden yesterday. The two have met personally before, when Biden was part of the US Presidential team in 2011 and was Vice-President under Obama. Details of that meeting can be seen here. Yesterday’s discussions come nearly a decade later amid a much[…..]

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    Russia’s Sputnik V Vaccine Destined For EU Markets

    The Russian Direct Investment Fund has applied for authorization of Russia’s Sputnik V coronavirus vaccine in the European Union, the state-run RIA Novosti news agency reported yesterday. The European Medicines Agency (EMA) has concluded a scientific opinion procedure for the vaccine developers on January 19 this year and is due to begin the formal approval[…..]

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    Russian Foreign Minister Annual Speech: Highlights

    Op/Ed by Chris Devonshire-Ellis  Foreign Minister Sergei Lavrov’s 2021 Speech and Q&A  Details concerning Covid-19 vaccine cooperations Discusses prospects for Russia-US relations under Joe Biden Round up of Russia’s relations with the EU, China, India, Italy, Greece, Japan and the Ukraine   Comments on US Social Media and Media Freedoms   Compares Crimean situation with Britain’s Falklands  

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    Eurasian Economic Union Unifies Workers Pensions

    The Eurasian Economic Union – Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia have taken an important integration step to protect its worker base. Russia in particular sees about 5 million expatriate workers from the EAEU take jobs in the country, where wages are higher and the population to service larger. Typically these range from manual labor[…..]

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    An Architectural Tour Of Moscow’s Nine New Metro Stations

    Moscow is undergoing a radical transformation of its Metro system, with 25 new metro stations being built in the Russian capital between 2021 to 2024. These are part of the ‘Big Circle Line’ of about 58km of new track around the city. Eight to nine new stations are planned to be commissioned annually, with 2021[…..]

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    South Korea Wants Fast Track EAEU Free Trade Deal

    South Korean President Moon Jae-in has said that he intends to speed up negotiations on free trade in the investment and services areas with Russia, in his national Lunar New Year speech, broadcast earlier today.

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    South Korea’s Daewoo Win US$374 million Russian Arctic Ocean Transshipment Tenders For Northern Sea Passage Icebreaking Barges

    Terminals at Murmansk and Avachka Bay servicing Europe & Asia  South Korean shipbuilder Daewoo has won a tender from Russia’s Novatek LNG operator in Yamal to build transshipment barges. These will significantly reduce  shipping times for LNG cargoes bound for Asia and Europe from Russia’s Yamal LNG and Arctic LNG 2 projects. Each of the 360,000 cubic[…..]

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    Russia Starts 2021 With A Bang As Moscow Stock Exchange Reaches Record High

    The Moscow Stock Exchange (MOEX) index reached a new all-time high yesterday, as Russia’s national currency, the ruble, opened the first trading day of 2021 with an upward move, triggered by rising oil prices.

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    Russia Drops Corporate Income Tax Rate For Software Developers To 3%

    Russian IT companies, and especially software developers can now enjoy tax relief measure which came into force on Friday, January 1. These lower both the corporate income tax rates for such companies and insurance premiums for the industry.

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    Russia’s Solidarnost Bank Partners With China’s UnionPay & Huawei For Contactless Transactions In Russia

    UnionPay International has announced that UnionPay cardholders using their Huawei or Honor smartphones with Solidarnost Bank can now make contactless payments with Huawei Pay in Russia. The cooperation is a strategic move from UnionPay that follows the surging trend of the global contactless payment industry and accelerates the development of international mobile payment services. Russia[…..]

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