• National Bank of Ukraine: imports of Russian goods increased in 2017

    The National Bank of Ukraine (NBU) released a report on the country’s 2017 payment balance, noting that for the third year in a row, the country has managed to finish the year with a surplus: USD 2.6 billion compared to USD 1.3 billion from the year before. At the same time, the 2017 current account shows a deficit of USD 3.8 billion as against USD 3.5 billion year over year. The data was published on the Regulator’s website.

    According to the report, import total volume grew by 21% to USD 49 …

  • Germany issues permit for the construction of Nord Stream 2 gas pipeline

    The Stralsund mining office issued a permit for the construction of a 55-kilometer section of the Nord Stream 2 gas pipeline in German territorial waters in the Baltic Sea, as reported by the press service of Nord Stream 2 AG.

    "Today, Nord Stream 2 AG received permission to build and operate on the offshore section of the Nord Stream-2 gas pipeline in the territorial waters of Germany and in the land area in the vicinity of Lubmin near Greifswald. The Stralsund mining office issued an official …

  • China shows no desire to trade with Russia for rubles

    The idea of abandoning the dollar for external trade with BRICS countries, actively proposed by the Russian government since it fell under sanctions from the West, still remains unrealizable.

    Despite three years of negotiations with the central banks of the provisional bloc and the making of direct currency swap agreements, exporting companies in China and India still show no desire to transition to payment in rubles, according to a Central Bank statistic on the currency structure of foreign …

  • Russia responds to Kremlin Report with 'sovereignty law'

    After publication of the United States’ “Kremlin List”, the Russian Federation Council’s Temporary Commission to Prevent Interference in Internal Affairs began work on a bill which will define the concept of “interference in state sovereignty”, Lyudmila Bokova, one of the bill’s authors, told RBC news agency.

    “There are many facts of interference by foreign powers in our country’s internal affairs. By putting forward the legislative initiatives, we are proceeding from a position of mirror …

  • Russia conducts military exercises in Transdniestria

    The Ministry of Foreign Affairs and European Integration of Moldova expressed indignation at the Russian military conducting regular military exercises in the territory of Transdniestria, as stated in comments by the foreign ministry.

    “According to information published on the website of the Ministry of Defense of the Russian Federation, an operational group of Russian troops stationed in the Transdniestrian region of Moldova is again conducting military exercises, the purpose of which is …