Newsroom (Russia & CIS)

12.05.2007 Ministery of Finance of RF explains how to calculate profit tax for representative offices of foreign companies A letter of the Ministry of Finance was published on February 20, 2007 under #03-03-06/1/104 which details the Ministry's opinion on how business expenses incurred by a permanent representation of a foreign company in the RF should be recorded.
23.03.2007 Ukraine seeks direct gas supplies from Russia In January and February 2007 Ukraine imported 11.076 billion cubic meters of natural gas, according to official estimates.
01.03.2007 Russian Premier Minister visits Japan to boost ties Russia is interested in Japan’s large infrastructure projects, particularly in the sphere of energy, Russian Prime Minister Mikhail Fradkov said at his meeting with the members of the Japan Business Federation. “Opening our markets to Japanese investors, inviting them to take part in large infrastructure projects, we of course hope for reciprocity,” Fradkov stressed. 
25.01.2007 Gold and foreign currency reserves up $1bn (Russia) Russia’s gold and foreign currency reserves were $302.7 billion as of 19 January 2007, up $1bn, or 0.3 percent, from $301.7 billion a week before, the Central Bank of Russia has reported. In the previous week ending January 12 the reserves decreased by $2.2 billion. 
13.01.2007 Russia resumes oil supplies to Europe via Belarus Russia has resumed pumping crude oil to Europe via Belarus, following a three-day halt in oil supplies to Europe.
05.12.2006 Russia concerned about CIS migrants Between 21 and 23 million foreign nationals arrive in Russia every year, mostly from neighboring countries.
17.11.2006 Ukraine worried about Russia-EU energy talks Ukraine hopes that the planned global energy agreement between Russia and the EU will cover energy transportation, in which Ukraine plays a key role, Ukrainian President Viktor Yushchenko told reporters at the media forum “Ukraine on the world information map.”
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