Interfax

State Duma committee backs introducing VAT for imported goods on online marketplaces

MOSCOW. Feb 16 (Interfax) - The Russian State Duma Industry and Trade Committee has backed the idea of introducing VAT for imported products sold via digital platforms, regardless of whether or not ...
Interfax

ONGC finishes paying into abandonment fund, retains 20% Sakhalin-1 stake

MOSCOW. Feb 16 (Interfax) - India's Oil and Natural Gas (ONGC) has successfully completed payments to the Sakhalin-1 project's abandonment fund in order to retain a 20% stake in the Russian project, ...
Interfax

World Bank to provide Tajikistan with $60 mln to integrate energy systems in Central Asia

DUSHANBE. Feb 16 (Interfax) - The World Bank will provide $60 million to Tajikistan under the Central Asia Electricity Market and Integration (REMIT) program, the World Bank office in the country said ...
Interfax

Sovcombank shareholders approve merger with Vitabank

Sovcombank's interest in Vitabank became known in February 2022, when former Sovcombank Deputy Chairman Kirill Sokolov acquired 54% in Vitabank and Sovcombank acquired 31% with the purpose of creating ...
Interfax

Russia needs new line of ship engines for implementing its shipbuilding program - presidential aide

ST. PETERSBURG. Feb 16 (Interfax) - Russia needs to develop a domestic line of new marine engines to implement its long-term consolidated shipbuilding program, presidential aide and Maritime Board ...
Interfax

Russia must maintain oil production; neither low nor high prices beneficial - Energy Ministry

"Hard-to-recover reserves are a function of costs and technology," and "if we focus now on developing domestic technologies, then Russia should achieve competitive production in the long term not ...
Interfax

Bread, flour prices in Ukraine increase 40% over 2 years - industry association

The price growth has been consistently high: in 2024, bread prices rose by 20%-22%, and by another 19%-23% in 2025, the association's analytical report, which was published by the APK-Inform news and ...
Interfax

National Bank of Ukraine's forex interventions down 8.7% last week

MOSCOW. Feb 16 (Interfax) - The National Bank of Ukraine (NBU) reduced the sales of U.S. dollars on the interbank market by $68.8 million, or 8.7%, to $725.5 million last week, Ukrainian media ...
Interfax

Russia's Industry and Trade Ministry supports rescinding declarative principle for placer gold

MOSCOW. Feb 16 (Interfax) - Russia's Industry and Trade Ministry supports the proposal to rescind the declarative principle for alluvial gold deposits, Ivan Markov, Director of the Industry and Trade ...
Interfax

Belarusian industrial output falls 3.4% in Jan

MINSK. Feb 16 (Interfax) - Belarusian industrial output fell 3.4% year-on-year at constant prices to 16.6 billion Belarusian rubles in January 2026, national statistical committee Belstat said.
Interfax

National Bank of Moldova raises inflation forecast to 5% in 2026, expects slowdown to 4.5% in 2027

CHISINAU. Feb 16 (Interfax) - The National Bank of Moldova (NBM) expects average annual inflation to reach 5% in 2026 and decelerate to 4.5% in 2027, according to the regulator's latest inflation ...
Interfax

Kazakhstan could invite Chinese partners to build three combined heat and power plants

ASTANA. Feb 16 (Interfax) - Chinese partners could be involved in the construction of the Kokshetau, Semey and Ust-Kamenogorsk combined heat and power plants in Kazakhstan, Kazakh Deputy Energy ...