Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
Astronauts to make quickest trip ever to ISS in DecemberScience & Space September 22, 16:27
Russian frigate Admiral Essen returns to Crimea after mission in MediterraneanMilitary & Defense September 22, 16:24
A contestant must be registered with the central bank of Russia and must have its own local processing service centre, according to the statement.
In May, President Vladimir Putin signed a law to establish a national payment system after Visa and MasterCard blocked servicing of some Russian banks’ cards in line with the US and EU sanctions against the country.
Soon after the new law was signed, Visa and MasterCard were told to pay deposits amounting to hundreds of millions of dollars with Russia’s Central Bank in order to continue operating in the country. The companies and Russian authorities later agreed that Visa and MasterCard will establish affiliates in Russia and pay no deposits.