Egyptian President Abdel Fattah al-Sisi said on Thursday Egypt would defeat terrorism, as he inaugurated the New Suez Canal project and the first ship passed through the waterway. Egypt during this year stood against the most dangerous terrorist ideology, that would burn the world if it could, Sisi said at a lavish ceremony attended by world … Continue reading
Russia is willing to take part in establishing an industrial zone in the New Suez Canal project, Russian PM Dmitry Medvedev told Egypt’s daily Al-Ahram. The 72-kilometer section inaugurated on Thursday in Egypt will provide the fastest Europe-Asia shipping route. Our companies are willing to participate in these economic projects. Creating a Russian industrial zone … Continue reading
Russia has proposed to Indonesia to use their national currencies for trade settlements, said Denis Manturov, Russia’s Minister of Industry and Trade, Russian media reports, just days after Russian Prime Minister Dmitry Medvedev made the same offer to Vietnam. “We [Russia] expect active support in the transition to the use of national currencies in our trade relations with [a number of countries] and Indonesia, too,” … Continue reading
Vietnam will soon be joining the Eurasian Economic Union’s free trade zone, Russian Prime Minister Dmitry Medvedev said on Monday following negotiations in Vietnam’s capital of Hanoi, Russian media reports. All of the principle aspects in creating a free trade zone between the nations of the Eurasian Economic Union and Vietnam have been agreed, Medvedev said. “Almost all of the parameters … Continue reading
Russian Prime Minister Dmitry Medvedev has signed a one-year anti-crisis plan designed to stabilize the economy. The document includes 60 measures and will cost at least $35 billion (2.3 trillion rubles). The final cost hasn’t yet been calculated but the official statement published Wednesday shows that as for now the Government is going to spend … Continue reading
Russia’s response to a possible cut-off from the SWIFT international banking payment system will be “unrestricted,” Prime Minister Dmitry Medvedev vowed. The West is pushing for hitting Moscow with more sanctions as the Ukraine crisis deteriorates. “We will see what happens, but of course if such decisions are made, I want to note that our … Continue reading