Tag trade
Trading | Business  | 01.09.22

Russian Official Named Main Sales Markets of Country’s Gold  


The Middle East, India, and Asia can become the three main markets for Russian gold, the Head of the Ministry of Regional Development, Alexei Chekunkov, said in an interview with RIA Novosti.  According to the Minister, there is a high demand for Russian gold, which remains the keeper of values in international financial circulation for

Russia Creates Special Stores for Foreign Diplomats


In Moscow and St. Petersburg, special shops will be opened in the end of August of this year for diplomatic missions, consular offices, representative offices of international organizations, as well as foreign employees of all these institutions and their family members.  Trading in such stores will be in rubles, dollars, and euros according to the

Bloomberg: Russia Can Create Reference Grade Oil by Next Year


According to Bloomberg, next year Russia may create a reference grade of oil, which will be a response to the West’s intention to introduce marginal prices for Russian oil and thus limit Russia’s oil revenues.  Russia intends to create its own benchmark grade of oil by 2023, Bloomberg reported, citing sources and documents received. According

Russia International | Trading  | 06.07.22

Russia Topped Oil Supplies to China


Russia has become the leader in oil supplies to China. Imports in May increased by 55 per cent compared to a year earlier, as it was reported on Wednesday, July 6, by Reuters with reference to the shipping analytical companies Vortexa, Kpler and Refinitiv. Thus, the import of Russian oil in May reached almost 8.42

Trading | Business  | 26.05.22

Iran Expressed Readiness to Supply Goods to Russia


Iran is ready to saturate the Russian market with the necessary goods, from building materials to high-tech products, as said by the Head of the Russian Export Center Veronika Nikishina.   “The Iranian partners are ready to negotiate with Russian entrepreneurs and supply a lot of their goods — from construction and finishing materials to serious

Trading | Business  | 06.05.22

Russia Included Over 50 Car Brands in Parallel Imports List


The list of goods for parallel import to Russia includes products of more than 50 foreign automobile brands, the largest manufacturers of tires and components for the automotive industry, which follows from the order of the Ministry of Industry and Trade published on the official portal of legal information.  In particular, the list includes the

Europe Tries to Survive Without Russian Gas, But Fails


Several dozen Polish districts were left without gas after Poland imposed sanctions on firms associated with Russia. As the Deputy Minister of Internal Affairs of the Republic, Pavel Shefernaker, stated today, on April 28, the authorities are trying to do everything possible to restore gas supply to these areas.   We are talking about Novatek Green

Trading | Business  | 28.04.22

Wildberries Doubled Turnover in First Quarter 2022


Russia’s largest online retailer Wildberries in the first quarter of 2022 increased turnover by 95 per cent compared to the same indicator last year, to 289.2 billion rubles. The total number of orders increased by 128 per cent, to 288.7 million.  Wildberries is Russia’s largest online retailer. The company’s turnover by the end of 2021

Russia International | Trading  | 20.04.22

Russia Increased Coal Sales to China More Than Twice


In March, China increased imports of coking coal from Russia by more than twice compared to the same month in 2021. Russia sells fuel at a discount against the background of an embargo by a number of states, as Bloomberg reports.  According to Chinese customs data, in March, imports of Russian coking coal, which is

Trading | Business  | 18.04.22

Russia to Accelerate Foreign Trade Transfer to Rubles


Russian President, Vladimir Putin, instructed on Monday, April 18, to accelerate the transition of Russia’s foreign trade to rubles and national currencies of other countries. He noted that the restrictions imposed by unfriendly countries against the Russian Federation “affected the opportunities of domestic business, hindered the logistics of export and import supplies, and also created

Russia International | Trading  | 14.04.22

Brazilian Businessmen Eagerly Keep Cooperation With Russia Despite Sanctions


The Western media claim that the sanctions applied against Russia will be enough to pressure the government to change its course of actions in Ukraine. However, not only geopolitical analysts and economists consider this claims baseless, but also corporate professionals, whose companies still import Russian products, despite pressure from some countries.   Brazil and Russia are

Fun | Beauty & Fashion  | 01.04.22

Chanel Refused Selling Goods to Russians


French fashion brand Chanel joined anti-Russian sanctions and prohibited to sell its production to Russians, as well as take their products to Russia and use them there. This was stated by the Russian blogger Lisa Litvin who tried to by Chanel bag in Dubai.   Chanel’s ban on selling goods to residents of Russia became known