The Eurasian Development Bank will finance the construction of the Meridian highway

The Eurasian Development Bank (EDB) announced that it is ready to act as a lender and organizer of financing for the Meridian highway, which will connect Europe and Western China. The corresponding memorandum was signed by Nikolay Podguzov, Chairman of the Management Board of the EDB, and Alexander Ryazanov, Chairman of the Board of Directors … Read more

Small business is propped up with a big date // The government intends to solve its problems only in automatic mode

The government commission on the development of small and medium-sized businesses insists on completing the digitalization of its state support. The White House is ready to work on expanding SMEs’ access to finance, developing sales markets, deregulating and building infrastructure to support small companies in the regions, but expects standard, clear and targeted digital tools … Read more

Ministry of Finance and Central Bank want to tighten regulation of the central depository

The Ministry of Finance and the Bank of Russia are planning to strengthen the regulation of the central securities depository, the corresponding bill has already been developed, Interfax reported, citing a source. Departments have confirmed the information. The National Settlement Depository (NSD) currently has the status of a central depository. The central depository is a … Read more

Deputy Finance Minister urged to seek balance during energy transition

Deputy Finance Minister Pavel Sorokin believes that Russia will move towards climate neutrality at a faster pace than many other countries. In his opinion, it is necessary to remain “sober and adequate” during the energy transition so that people do not feel an “excessive burden.” “We have a focus on staying sober and adequate … … Read more

The Ministry of Finance of Russia proposed to postpone the entry date of the alcohol technical regulation until 2024

The Russian Ministry of Finance announced that it had prepared a draft decision of the Eurasian Economic Commission (EEC) to postpone the entry date of the EAEU regulations “On the safety of alcoholic beverages.” The draft document assumes a postponement until January 1, 2024. So far, it is expected that the EAEU technical regulations will … Read more