Russia, export, import and invest

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The meeting was attended by Emergencies Minister Yevgeny Zinichev, Presidential Plenipotentiary Envoy to the Siberian Federal District Sergei Menyailo, Irkutsk Region Governor Sergei Levchenko, First Deputy Prime Minister – Finance Minister Anton Siluanov, as well as heads of relevant ministries, agencies and municipal entities.

Heavy rainfall has caused flash floods in the Irkutsk Region. An emergency has been declared in the region.

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via Website of the President of Russia

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President of Russia Vladimir Putin: Good afternoon. Let us begin. Go ahead, please.

Question: Good afternoon, Mr President. This is Channel One. We would like to ask, since I am the first to ask a question, about your personal results of the summit. There was a lot of scepticism prior to it, coming both from other leaders and expressed by you, concerning the possible results of the summit. Was the scepticism justified? What are the outcomes for world trade and the global economy?

And the second question, if I may: what were Russia’s objectives here at the G20, and were the results achieved?

Vladimir Putin: There was certain scepticism, it is true, and not from me alone. Yet on the whole the G20 summit has proved its relevance, we have to admit that, and it was effective in all the major areas of work. The result has been achieved. I think we can congratulate the Japanese presidency on that. Japan did a lot for the summit’s success, and its efforts paid off.

I would like to single out four major fields where the needed agreements have been reached. It is true that there were no breakthrough decisions. However, all the participants reconfirmed their commitment to continue efforts to improve the global trade system, including work to reform the WTO. The very fact that everyone confirmed the need for the process and reaffirmed their readiness to work along the lines is a positive development in itself.

Positions have been coordinated, except for the United States, which always has a special opinion. In fact, the US delegation was open about it from the outset. Everyone knows the current Administration’s stance on the Paris Accords. Nevertheless, all the other participants in the forum confirmed their readiness to implement the agreements under the Paris Accords.

Actually, I think there is also a positive moment in the US position too, since the Americans said they were ready to work on the environmental agenda under their own programme. We have to read the final wording but the fact that the Americans say they also want to contribute to solving environmental issues is a positive thing, in my view.

As to Russia, we spoke about it a number of times and we reaffirmed that at the forum again and also agreed on that in the final document. We are going to fully comply with our commitments. In the nearest future we will begin the ratification of these agreements and will conduct the necessary domestic procedures. These issues are highly relevant for us.

I stated this at the last plenary session. Let me remind you that according to the Federal Service for Hydrometeorology and Environmental Monitoring, the warming in Russia is happening 2.5 times faster than the average global warming. This is a major challenge for us. We must realise that. This is the reason for floods, and for permafrost thawing in the areas where we have fairly big cities. We must be able to understand how to react to the climate changes underway there.

In this connection, I informed my colleagues on our national programme in the sphere of environment, a transition to the best available technologies in this area, as well as on a number of other measures we are taking in this field.

Next, it is crucial for us, and I think it is also a very positive thing – we all know that the Internet is regulated in various ways by different countries. Nevertheless, all the G20 summit participants concluded that we must do everything to prevent negative information that is related to terrorism from spreading online. It must be careful joint work that is utterly important not only for the G20 nations but also for the whole world. The major trends that I have just listed are of interest to us and they all are part of our priorities.

To be continued.

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via Website of the President of Russia

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Vladimir Putin had a meeting with Prime Minister of Japan Shinzo Abe.

The President of Russia congratulated the Japanese Prime Minister on successfully hosting the G20 Summit.

Vladimir Putin and Shinzo Abe made statements for the press following the meeting.

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via Website of the President of Russia

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Vladimir Putin met with Crown Prince and Defence Minister of Saudi Arabia Mohammad bin Salman Al Saud. The meeting was held on the sidelines of the G20 Summit.

* * *

President of Russia Vladimir Putin: Your Highness, we started discussing some issues of mutual interest yesterday.

I am glad to have this opportunity to speak in a regular working mode about our bilateral issues, matters of mutual interest in the region and in international affairs.

First of all, I would like to say that Saudi Arabia assuming the G20 presidency at the end of the year is certain to contribute to solving priority issues of international relations that the G20 deals with.

On our part we will do everything we can to support your presidency.

I would like to ask you to pass on my gratitude to his Majesty the King for his invitation to visit Saudi Arabia. I hope this visit will take place this autumn, as agreed.

I am also glad to have a chance to share my considerations with you on how we are going to build up our work in the global energy markets. This work has been developing and yielding positive results largely thanks to you persistent efforts.

I am glad to have this meeting and a chance to speak with you on all the issues and on all the problems.

Crown Prince and Defence Minister of Saudi Arabia Mohammad bin Salman Al Saud (retranslated): Thank you very much, Mr President.

I would like to relate a greeting from the Custodian of the Two Holy MosquesKing Salman bin Abdulaziz Al Saud. We would like to say that we always welcome your visit.

In recent years we have seen dynamic development in our bilateral relations in the political area and also in the economy, defence, culture and security.

I think the more often we meet, the more opportunities we will find for further progress.

Praise be to Allah, we have mutual trust. We will continue working for the benefit of our bilateral relations.

<…>

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via Website of the President of Russia

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President of Russia Vladimir Putin: Mr President, colleagues,

I am very pleased to use our stay in Osaka to talk about our bilateral relations.

I would like to emphasise once again that France is one of our main foreign partners. We have gained much experience in constructive cooperation in many areas. Of course, we are aware of the problems and we discuss them. In fact, we were fairly active even during our working lunch in discussing some international issues that are definitely of mutual interest. And we can talk about all these issues in a calm atmosphere. I am very grateful that you have found the time for this meeting. Thank you.

To be continued.

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via Website of the President of Russia

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Moscow, Russia – June 28, 2019 – Mechel PAO (NYSE: MTL, MOEX: MTLR), a leading Russian mining and metals company, announces the decisions made by the annual general shareholder meeting held today.


via Press-release ОАО «Mechel»

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via What's New

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When a delegation of 13 presidents from the leading Iranian universities with their deputies and directors of international affairs departments came to Moscow in November 2015, few people believed the trip would open a new chapter of scientific diplomacy in long-standing bilateral ties. The first meeting of the presidents of Iranian and Russian universities, held at the initiative of Moscow State University and the University of Tehran under the skillful and open-hearted guidance of their presidents Prof. Viktor Sadovnichyi and Prof. Mahmoud Nili Ahmadabadi, respectively, produced a signed memorandum whereby   all the participating universities agreed to continue the dialogue and create conditions for expanding cooperation. Also, two secretariats in Tehran and Moscow assumed responsibility for monitoring issues related to the promotion of a major bilateral partnership in science of these two countries.

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via Analytics

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On July 3, at 11.00, the Valdai Discussion Club will host an expert panel discussion on the results of the G20 summit; our guests will include Russia’s G20 Sherpa Svetlana Lukash, Deputy Finance Minister Sergei Storchak, and Deputy Foreign Minister Alexander Pankin.


via Analytics

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Today's Russia is not the Soviet Union during the Cold War, nor is China the same as it was forty years ago. The fast developing relations between China and Russia has far more strategic relevance worldwide than purely bilateral in nature, and should be appreciated as an endeavour of the two countries to grasp this historic opportunity to create a new horizon for peace and development that befits the wisdom and advancement of mankind.

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via What's New

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On July 3, at 11.00, the Valdai Discussion Club will host an expert panel discussion on the results of the G20 summit; our guests will include Russia’s G20 Sherpa Svetlana Lukash, Deputy Finance Minister Sergei Storchak, and Deputy Foreign Minister Alexander Pankin.

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via Analytics

https://moex.com/n24155

On 28 June 2019, the final settlement price of the MOEX RUSFAR futures contract was determined: 1MFR-6.19 – 92.39000


via Moscow Exchange: Main news

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Prime Minister of the Republic of India Narendra Modi (retranslated): Your Excellencies, Mr Xi Jinping, Mr Putin,

Last year, our three countries held a summit in Argentina after a long interval. After a very useful exchange of opinions on key global matters, we decided to meet again in the future. Today, I am absolutely delighted to be greeting you all at this unofficial Russia-India-China gathering.

Mutual exchange of opinions on the status of the global economy, politics and security between us as key world economies has special significance. This trilateral meeting between us today is a very useful tool for discussing and coordinating our positions on a number of international matters.

Our foreign ministers have exchanged opinions on a number of topics during the February 2019 meeting in China. These matters include the fight against terrorism, international hotbeds of tension, the problems of a multilateral approach, climate change, and higher Russia-India-China cooperation.

And now, I would like Xi Jinping to voice his remarks.

President of the People’s Republic of China Xi Jinping (retranslated): It is a real pleasure for me to meet with Mr Putin and Mr Modi at this unofficial Russia-India-China meeting. I would like to thank India for organising and preparing this event.

In November, we had very successful talks in Buenos Aires, and we are now meeting once again here in Osaka seven months later.

China, Russia and India are countries boasting huge emerging markets, and we are jointly committed to solidarity and cooperation. I would like to conduct a profound exchange of opinions, as regards the economic situation as well as the problems concerning RIC cooperation, with Mr Putin and Mr Modi.

Thank you.

Narendra Modi: And now, I would like to give the floor to Mr Putin.

To be continued.

via Website of the President of Russia

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Gazprom Neft has brought a new fuel terminal, “Gladkoye”, into production in the Tosnensky District of the Leningrad Oblast. The facility, which is unique in terms of its technological equipment and management processes, is the company’s first asset to be built under Gazprom Neft’s comprehensive terminal infrastructure development strategy.

The Gladkoye terminal is the only fuel terminal in Russia equipped with metering facilities that allow oil products’ volumes and metrics to be controlled automatically on receipt from rail tank cars and onward shipping by road, with all data on fuel transportation and movement being processed and transmitted through the Gazprom Neft “Neftekontrol” system, online. A “digital twin” of the terminal contains all information on the project since the start of its construction, allowing virtual access for the facility’s management.

The terminal’s infrastructure means it can handle the transhipment of up to one million tonnes of oil products every year, with its storage facility offering storage capacity for to 40,000 cubic metres of products at any one time. Cutting-edge environmental protection strategies have been implemented at Gladkoye, including a vapour recovery system and treatment facilities. Having its own laboratory will allow full and extensive quality control over oil products.

All of the company’s target terminals will be upgraded on basis of the Gladkoye model by 2025. Following the completion of the company’s extensive terminal reconstruction programme, transhipment volumes through its own network are expected to increase by more than 20 percent, with average transhipment volumes per terminal increasing by 58 percent.

Alexander Dyukov, CEO and Chairman of the Management Board, Gazprom Neft, commented: “This new terminal will become a major facility within Gazprom Neft’s logistics system, ensuring stable supplies of high-quality oil products to the company’s own filling stations, as well as to our clients throughout the North—West Region. The innovative technologies used in building the Gladkoye terminal will be rolled out in modernising our terminals network, which we will be carrying out until 2025.”

via Новости компании (англ.)

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The Western powers have to acknowledge the rise of China and either include the country in the hegemonic core or be prepared for the emergence of a counter hegemonic power, writes David Lane, Emeritus Fellow of Emmanuel College, Cambridge University.

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via Analytics

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In all, 800 of the best graduates of higher educational institutions affiliated with the Defence Ministry, the Interior Ministry, the Federal Security Service, the Federal Guard Service, the Ministry for Civil Defence, Emergencies and Disaster Relief, the National Guard and the Federal Penitentiary Service were invited to the reception.

Apart from Russian service personnel, foreign military personnel – graduates of the Russian Defence Ministry’s higher educational institutions also attended the reception.

* * *

President of Russia Vladimir Putin: Comrade officers, friends,

As usual, today’s reception in honour of graduates of higher military education institutions is taking place in the Kremlin and in three halls of the Grand Kremlin Palace, namely, the St Andrew, St Alexander and St George halls.

Each of them underscores the continuity of our Fatherland’s traditions, the unbreakable spiritual and historical bond between the heroes of bygone eras and the current generation of Russian soldiers.

These great traditions were created by the special guards of Novgorod and Kiev Princes Svyatoslav and Vladimir, by the warriors of Alexander Nevsky and Dmitry Donskoi, by the regiments and naval crews of Suvorov and Kutuzov, Nakhimov and Ushakov, by the soldiers of WWI and the Great Patriotic War and by our contemporaries who fought and won in Afghanistan, who fought international terrorists in the North Caucasus and who defeated them in Syria.

Veterans preserve these sacred behests, and your peers now serving Russia have proved their loyalty to these behests through their deeds and on the battlefields.

Your successful military training and your efforts to master military science also show that you strive to take after the best and to be worthy of the high rank of defenders of the Fatherland.

Years of intensive studies are now history. I am confident that you comprehend and feel the entire significance of this stage, that you will be able to fully apply your knowledge during military service, and that you will certainly continue to improve your professional level.

As General Brusilov used to say, those who have calmed down and are sitting idle after graduating from any academy will quickly fall behind their times and their work.

Therefore, my wish is that you continue to move confidently full speed ahead, and that you justify the trust of your superiors and commanders, your teachers and instructors and the entire Russian nation.

To be continued.

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via Website of the President of Russia

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On July 1, at 15:00, the Valdai Discussion Club will host a discussion featuring Sergei Ryabkov, Deputy Foreign Minister of the Russian Federation. It will be dedicated to the US-Russian relations, considering the results of the meeting between the presidents of Russia and the United States on the margins of the G20 summit in Osaka, as well as the other issues overseen by the Deputy Foreign Minister.


via Analytics

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On July 1, at 15:00, the Valdai Discussion Club will host a discussion featuring Sergei Ryabkov, Deputy Foreign Minister of the Russian Federation. It will be dedicated to the US-Russian relations, considering the results of the meeting between the presidents of Russia and the United States on the margins of the G20 summit in Osaka, as well as the other issues overseen by the Deputy Foreign Minister.



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via Analytics

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On 21 June 2019, Deputy Head of FAS Anatoly Golomolzin summed up the intermediary results of implementing National Competition Development Plan

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National Competition Development Plan provides for systemic development of on-exchange trade

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via Press Releases RSS

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The Road Map for developing competition is mainstreaming, it will comprise 35 key markets

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FAS Presidium recognized this case on invalidating the deal as one of the best in 2018

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Increasing GTLK’s dominant position in the market of financial/operational lease of wagons due to acquisition of private companies can have adverse effect on the state of competition

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via Press Releases RSS

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By John Helmer, Moscow   @bears_with This week a group of US senators has proposed to leave Turkey in control of the northern part of Cyprus, and force the Greek Cypriots to choose between the US and Russia for the economic and political future  of the south of the island. The Senate Foreign Relations Committee agreed […]

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via Dances With Bears