Ceasefire agreements signed with 15 more Syrian settlements — Russian Defense MinistryWorld October 22, 0:39
Russian State Duma speaker confirms readiness to meet PACE presidentRussian Politics & Diplomacy October 22, 0:15
Ukraine’s new anti-Russian sanctions to take effect on October 31World October 21, 21:22
Kremlin says Egypt’s rumored sale of Mistrals for $1 is ‘utter nonsense’Russian Politics & Diplomacy October 21, 21:13
Source: Mi-8 helicopter with 22 people onboard makes crash landing in YamalSociety & Culture October 21, 20:15
Source says 'Gray money' tax may cover up to 5 mln RussiansBusiness & Economy October 21, 20:07
UN Human Rights Council passes resolution on AleppoWorld October 21, 19:52
Russian Justice Ministry refuses to transfer jailed filmmaker to UkraineRussian Politics & Diplomacy October 21, 19:44
Brussels says Belgium’s position on Hassadjek village bombing remains unchangedWorld October 21, 19:30
“The start of transactions in the national currencies must give an impulse to a further development of economic cooperation between Russia and China,” he said.
Siluanov also said that Chinese companies are ready to invest in Russia’s Far East infrastructural projects.
The agency would apply conventional instruments and criteria to the evaluation of national and regional investment projects, he added.
Moscow and Beijing hope the agency will be beyond politics and give “purely economic” estimates, Siluanov said.
“First, it will evaluate projects and investments pursued under the Russian-Chinese cooperation and with participation of some Asian countries,” Siluanov said. As the agency “gains weight and respect”, it will be able to reach the international level.
Siluanov did not specify if the agency would be a new organization or based on the Universal Credit Rating Group. The latter was announced by the Chinese Dadong rating agency as a joint venture with the US Egan-Jones Ratings and the Russian RusRating.
Russia’s Federal Treasury and China’s Finance Ministry Treasury Department will work together under the terms of a newly signed technical co-operation memorandum.
Partnership will cover issues of liquidity management, Treasury Single Accounting, budgeting, public finance management information and human resources, the Russian ministry press service said.
The two nations’ finance authorities would exchange experience during visits, seminars and conferences, share departmental print publications, guidance papers and texts of regulatory acts, the announcement said.