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  January 6, 2021 by Russia Briefing
  

  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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  January 5, 2021 by Russia Briefing
  

  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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  January 4, 2021 by Russia Briefing
  

  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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  December 31, 2020 by Russia Briefing
  

  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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  December 29, 2020 by Russia Briefing
  

  Russian Far East Records Significant Foreign Direct Investment Increases

  Op/Ed by Chris Devonshire-Ellis  The Russian Far East, an area of North-East Asia covering 6.2 million sq.km (2,400,000 sq mi), now accounts for 32% of all Foreign Direct Investment into Russia, according to Russian Deputy Prime Minister Yuri Trutnev. Special economic zoning and concessions have stoked investor interest in the region. “When we started working on the[…..]
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  December 23, 2020 by Russia Briefing
  

  Asian Countries Now Have More Diplomatic Missions In Russia Than The EU

  Op/Ed by Chris Devonshire-Ellis   As news breaks that the United States is to close its two remaining consular missions in Russia, with the consulates in Yekaterinburg and Vladivostok to close leaving purely the Embassy in Moscow, we can examine the shift of Russian diplomacy to Asia instead of Europe.
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  December 22, 2020 by Russia Briefing
  

  Russian President Putin’s Annual Q&A : Key Takeaways For Investors, Part 2

  Op/Ed by Chris Devonshire-Ellis  “I have friends, I have colleagues, who are offended, because they have no sanctions imposed on them. They say, “How come? It’s humiliating. It makes me think that I might have done not enough to have sanctions put on me.” Russian President Vladimir Putin held his annual live Q&A session last[…..]
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  December 18, 2020 by Russia Briefing
  

  Russian President Putin’s Annual Q&A: Key Takeaways For Investors, Part 1

  Op/Ed by Chris Devonshire-Ellis  President Putin discusses the Russian economy, wages, commodity prices, eco waste management and online education.   
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  December 18, 2020 by Russia Briefing
  

  New Arctic Road Connects East & West Yamal In Asian Russia

  A new road connecting Salekhard and Nadym in in the Yamal Russian Arctic has opened for traffic, and provides new opportunities for economic development of the region’s western districts, Yamal’s Governor Dmitri Artyukhov said at the opening ceremony held this week.
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  December 16, 2020 by Russia Briefing
  

  Russia Wants Free Trade Expansion Of Eurasian Economic Union

  Op/Ed by Chris Devonshire-Ellis  EAEU Free Trade Agreement negotiations with China and India to start early 2021  Potential EAEU expansion to include Indonesia & Mongolia  Desire to link EAEU with China’s Belt & Road Initiative