Russia: Cbank to offer regulatory sandboxes to test technologies

The Russian central bank is considering the possibility of launching the so-called regulatory sandboxes for participants of the financial market, when the regulator allows companies or banks to experiment with new technologies without being punished, Deputy Chairwoman Olga Skorobogatova said. “It’s the creation of a regime for banks or participants of the financial market, when…

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Russia: Tu-95MS bombers taking part in SCO exercise in Kyrgyzstan

Two strategic missile carrying bombers Tupolev-95MS take part in the Shanghai Cooperation Organization’s anti-terrorist exercise Peace Mission-2016, currently underway in Kyrgyzstan, an assistant to the commander of Russia’s Central Military District Yaroslav Roshchupkin has said. “The planes took off from the Engels airdrome in the Saratov region, stayed in the air for about nine hours…

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Russia: 3 air carriers apply for international flights from Moscow’s new airport

Ikar, Vim-Avia and Nordavia air carriers have applied for operating international flights from Zhukovsky airport in the Moscow region, according to the documents released by Russia’s Federal Air Transport Agency (Rosaviatsia). The information on flights operated by those companies from Zhukovsky can be found in the draft protocol to the meeting of the interdepartmental commission…

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Russia: flight tactic exercise with naval aviation crews starts at the Baltic Fleet

Crews of the Baltic Fleet naval aviation are practicing intercepting and eliminating aerial targets, searching for submarines of the simulated enemy, and performing bombardment in naval and ground ranges in course of the flight tactic exercise. More than 500 servicemen, over 20 Su-27 fighters, Su-24 bombers, Mi-24, Mi-8 and Ka-27 helicopters, and An-26 transports are…

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Ukraine: Silk Road development discussed with Kazakhstan

Ukrainian Foreign Minister Pavlo Klimkin has discussed with his Kazakh counterpart Erlan Idrissov prospects for development of transport connection between the two countries, the Ukrainian foreign ministry’s press service reports. “The ministers stressed that one of the top priority tasks for the further development of the Ukrainian-Kazakh cooperation was an increase in transport capacity, in…

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Belarus to issue more transit licenses for cargo companies of Azerbaijan, Georgia and Turkey

Belarus will issue more for-fee transit licenses for cargo companies of Azerbaijan, Georgia and Turkey. The Ministry of Transport of Belarus adopted a relevant resolution to increase the quota on transit licenses for cargo companies from the aforementioned states. The number of transit licenses for cargo companies from Azerbaijan has been increased from 800 to…

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Ukraine: sugar exports up in 2015/2016

The national association of sugar producers Ukrtsukor has assessed sugar exports from Ukraine for 2015/2016 agricultural year (September-August) at 113,000 tons, up by 3% YoY. According to the association, in money terms sugar exports in 2015/2016 agri-year totaled $52.6 million, not taking into account white sugar made from imported cane raw sugar on a tolling…

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