Kremlin airs its views on 'mass protests' in RussiaRussian Politics & Diplomacy March 27, 13:41
Lavrov says West expresses double-standard reaction to protests across RussiaRussian Politics & Diplomacy March 27, 13:40
Rouhani says Iran's energy sector offers huge potential for Russian investmentBusiness & Economy March 27, 13:26
Press review: More US sanctions against Russia and Moscow ready for deeper oil output cutsPress Review March 27, 13:00
Le Pen says France’s National Front receives no funding from RussiaWorld March 27, 12:30
Lavrov urges Europe to work harder towards implementing Minsk dealRussian Politics & Diplomacy March 27, 12:07
About 700 artillery troops engaged in Crimean coastal defense drillsMilitary & Defense March 27, 12:06
Italian top diplomat urges to restore dialog between Russian and EUWorld March 27, 12:01
Eurovision scrambles to ensure Russia’s participation in Kiev-hosted song contestSociety & Culture March 27, 11:41
NAYPYIDAW, November 13. /TASS/. Russian Prime Minister Dmitry Medvedev has suggested putting on a regular basis meetings of finance ministers of the East Asia Summit (EAS).
“International financial architecture can be strengthened in joint efforts,” the prime minister said at the summit meeting in Naypyidaw.
He drew attention of the summit to decisions of the BRICS group of nations to set up the New Development Bank and Contingent Reserve Arrangement.
“The amount of resources of these two financial instruments puts them on the list of leading global institutions in the sphere of finance,” Medvedev said.
The BRICS group of nations is made up of Brazil, Russia, India, China and South Africa.
The Russian government will review budget parameters only if oil prices slump, Prime Minister Dmitry Medvedev said in reply to reporters’ queries after the East Asia Summit.
A collapse in oil prices may necessitate a review of the budget parameters, but not under the current fluctuations of 79-81 US dollars per barrel, he said.