Starting from September 1, Russia is decreasing export tax for sunflower, exported to the non-Customs Union countries. The corresponding decree has already been published on the government’s web-site. Sunflower seed export tax, including material for seeding purposes, will equal 6.5% from the good’s customs value, but no less than EUR 9.75 per 1 MT. Currently…Details
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Russian multi-industry holding AFK Sistema has closed a deal to sell a 50% stake in railway cargo operator SG-Trans to a group of undisclosed non-affiliated buyers for 6 billion rubles, the holding said in a statement. Sistema President Mikhail Shamolin said in June that the company was selling its stake in the asset. An official…Details
By 2030, the general grain harvest in Russia will grow to 130 million tons, the Minister of Agriculture of the Russian Federation Alexander Tkachev declared. The Ministry of Agriculture expects the grain harvest in Russia in 2016 at the level of not less than 110 million tons, and in terms of good weather the figures…Details
Russia must take efficient measures to prevent sales of counterfeit pharmaceuticals, Prime Minister Dmitry Medvedev said at a meeting of a presidium of the Presidential Council for Strategic Development and Priority Projects. “Moreover, we should prevent our people from buying counterfeit pharmaceuticals. This is a real threat to life. We need efficient measures to control…Details
The Turkish civil aviation authority has permitted 63 charter flights between Antalya and Russian cities a week. Ibrahim Kalin, spokesman for the Turkish President, said that Ankara welcomed Russia’s decision to restart charter flights. “I want to emphasize that we are very happy with this decision”, he said. Russian President Vladimir Putin abolished a prohibition…Details
The China Machinery Engineering Corporation (CMEC) has built a 100kV substation named Technopark at the China-Belarus Industrial Park Great Stone. CMEC is the general contractor for electrifying the initial development area of the Great Stone Park. The Great Stone Industrial Park is based in Smolevichi district (Minsk region), where a special economic zone will be…Details
According to the Chinese newspaper “Economic Information Daily”, the Hong Kong-based company China Airspace Industry Group Ltd signed a collaboration agreement with the Ukrainian company Antonov on August 30, in Beijing to establish production sites of the An-225 heavy lift aircraft in China. China Airspace Industry Group Ltd would get, according to the text, all…Details