Decision of the Government of Russia on the procedure for the carrying out by Vnesheconombank of the insurance of export credits against commercial and political risks

The report about The Generalized System of Preferences (GSP) of Russia based on the information provided by the Ministry of Economic Development of Russia in order to give the general explanation of the scheme to officials and users who are in charge of the GSP

In the light of financial crisis, the OECD export credit groups and ad hoc observers to their meetings (Brazil, Estonia, Israel, Romania, the Russian Federation and Slovenia) issued the statement constituting the basis for further works aiming at seeking the best solutions in the frame of official export support.

Minister for Economic Development and Trade of the Russian Federation Elvira Nabiullina has upwardly revised Russian Urals blend crude price projection for 2008 from $53 to $74 per barrel

The company Flextronics, which is the established contractual electronics manufacturer of Microsoft, HP, Siemens and Motorola, intends to build a plant in St. Petersburg to manufacture computer equipment.

The Russian Government are going to increase oil export duty to 333.8 USD per tonne from February 1, 2008.