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Russia and Iran in oil swap talks

Russia and Iran in oil swap talks

Tehran is in talks with Russian companies on petroleum swap deals, Iran’s deputy oil minister for international affairs Amirhossein Zamaninia said. “Yes, we are,” he said when asked whether the country is in talks with Russia on swap deals, Financial Tribune reported cting TASS. According to deputy minister, initially the deals may total 150,000 barrels […]

High-speed rail deal among 21 signed by China and Russia

High-speed rail deal among 21 signed by China and Russia

Twenty-one agreements were signed between China and Russia on Monday to further promote cooperation in various fields, including on high-speed railways, during Premier Li Keqiang’s visit to St. Petersburg. Li and his Russian counterpart, Prime Minister Dmitry Medvedev, witnessed the signing of the agreements — which also included civil nuclear power technologies, energy projects and […]

Russia ready to discuss deliveries of air defense systems with Turkey

Russia ready to discuss deliveries of air defense systems with Turkey

Russia plans to discuss the issue of deliveries of air defense systems with Turkey, it is on the agenda of the Russian-Turkish military cooperation, the head of the Federal Service for Military-Technical Cooperation Alexander Fomin said on November 7. “When it comes to large air defense system, they can be referred as anti-missile systems.” If […]

China still tops lists of Russian arms importers

China still tops lists of Russian arms importers

China continues to be one of the largest importers of Russian weapons, Sergei Kornev, the head of the delegation of the Russian state-run arms export agency, Rosoboronexport, at the Airshow China 2016 International Aviation and Aerospace Exhibition, informed TASS. “China has long been one of the major importers of Russian weapons,” he said. “At present, […]

Russia’s stake in North Korea

Russia’s stake in North Korea

Donald Kirk – The Korea Times We hear so much about China and Japan competing on and for the Korean peninsula, now and historically, that we overlook one other great Northeast Asian power. That would be Russia, which has a 17-kilometer border with North Korea as the Tumen River flows into the sea. In the […]

Russia completes delivery of S-300 to Iran

Russia completes delivery of S-300 to Iran

Russia has completed the delivery of S-300 air defence missile systems to Iran, Russia’s state arms export agency said, Vestnik Kavkaza reports. Russia’s agreement to provide Iran with S-300 has sparked concern in Israel. Moscow cancelled the contract to deliver S-300s to Iran in 2010 under pressure from the West. Russian President Vladimir Putin lifted […]

Russia, Turkey sign agreement on Turkish Stream gas pipeline project

Russia, Turkey sign agreement on Turkish Stream gas pipeline project

Turkey and Russia signed the strategic Turkish Stream gas pipeline agreement on Oct. 10, Vestnik Kavkaza reports. The pipeline will carry Russian natural gas to Turkey and on to Europe under the Black Sea. During the signing ceremony with his Russian counterpart Vladimir Putin, Turkish President Recep Tayyip Erdogan said ministers and experts will continue […]

Post-Soviet military bloc to hold drills in three member states in 2017

Post-Soviet military bloc to hold drills in three member states in 2017

The Collective Security Treaty Organization (CSTO) plans to hold large-scale collective forces’ drills dubbed Combat Brotherhood on the territory of Armenia, Kazakhstan and Russia in October 2017, Chief of the CSTO Joint Staff Colonel-General Anatoly Sidorov said on October 7, TASS reports. “This year, four CSTO exercises have been held on the territory of various […]

Kazakh and Russian Firms Sign Uranium Enrichment Deal

Kazakh and Russian Firms Sign Uranium Enrichment Deal

Firms from Kazakhstan and Russia have signed a deal on uranium-enrichment services, RFERL reports. The agreement was signed on October 4 in Astana by representatives of Kazakhstan’s uranium operator Kazatomprom and Russia’s Center for Uranium Enrichment during Russian President Vladimir Putin’s visit to Kazakhstan’s capital. According to the document, Kazakhstan and Russia will jointly take […]

Russian Finance Ministry puts 3.66% budget deficit in 2016 draft

Russian Finance Ministry puts 3.66% budget deficit in 2016 draft

The Russian Finance Ministry has prepared a draft 2016 budget with a deficit amounting to 3.034 trillion rubles, or 3.66% of the gross domestic product (GDP). Nominal spending was increased by 304 billion rubles to 16.403 trillion rubles and revenue was cut by 370 billion rubles to 13.369 trillion rubles. The Finance Ministry worsened its […]

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