Lavrov says Russia-Belarus relations developing in working modeRussian Politics & Diplomacy February 21, 21:48
Condolence book in memory of Churkin opened at Russia’s Permanent Mission to UNWorld February 21, 20:53
Ukrainian billionaire Dmitry Firtash detained in Vienna at Spain’s requestWorld February 21, 20:40
UN secretary-general offers Lavrov condolences on Churkin’s deathWorld February 21, 19:53
OPEC does not see problems regarding growth of Russian oil exportBusiness & Economy February 21, 19:46
Kremlin to bake 100,000 pancakes for MaslenitsaSociety & Culture February 21, 19:23
Production of Mercedes Benz cars to start in Russia in 2019Business & Economy February 21, 18:43
UN Security Council holds a minute of silence in memory of Russia’s deceased envoyWorld February 21, 18:30
Russia and US might launch joint operations against terrorists in Raqqa — ministerWorld February 21, 18:17
“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.