IMF Executive Board decides on $1.8 billion conditional loan for GreeceBusiness & Economy July 21, 3:34
Earthquake of 6.7 magnitude hits off Turkey’s western coastWorld July 21, 2:58
ExxonMobil launches legal challenge to finding it violated US sanctions against RussiaBusiness & Economy July 21, 1:36
Russian Knights aerobatic team to perform at Dubai airshowMilitary & Defense July 20, 21:28
Russia looks to its Navy to become world secondMilitary & Defense July 20, 19:10
ExxonMobil disagrees with US Treasury Department’s decision to assess fineBusiness & Economy July 20, 18:45
Putin signs decree on Russia’s navy policy until 2030Russian Politics & Diplomacy July 20, 18:39
Putin personally congratulates human rights champion Alexeyeva on her 90th birthdaySociety & Culture July 20, 18:20
Russian boxer Povetkin reinstated into WBO’s ratings, ranked eighthSport July 20, 18:08
ROME, December 2. /TASS/. Italian entrepreneurs are interested in the Russian market, in spite of the sanctions, Italian Foreign Minister, Paolo Gentiloni, said on Friday following talks with Russia’s top diplomat Sergey Lavrov.
"The sanctions are affecting economy, the trade turnover has declined," he said. "However, in spite of this, and I could see that during my visits to Russia, our entrepreneurs prioritize the importance of the Russian market placing their stakes on Russia."
"There is a lot of investment on the Russian side as well," he added.
Russian and Italian foreign ministers also discussed on Friday possible participation of Italian businesses in the construction of gas mains.
"We reiterated that the energy sector continues to play an important role in our relations," the Russian minister said at a news conference after the talks. "We looked at possible participation of Italian companies in Russian projects for the construction of gas truck lines which are geared to enhance energy security in Europe."