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Privatization of Russian state-owned assets hardly possible before summer — minister

Russian authorities plan to sell a number of major state-owned asserts in 2016, including stakes in oil producers Rosneft and Bashneft, shipping company Sovcomflot, and diamond miner Alrosa

Russian Minister of Economic Development Alexey Ulyukayev Artiom Korotaev/TASS

Russian Minister of Economic Development Alexey Ulyukayev

© Artiom Korotaev/TASS

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NOVO-OGAREVO, March 22. /TASS/. Privatization of Russian state-owned assets is hardly likely before summer 2016, Minister of Economic Development Alexey Ulyukayev said on Tuesday.

"Hardly earlier than summer because selection of consultants and road show procedures are underway now," the minister said.

Russian authorities plan to sell a number of major state-owned asserts in 2016, including stakes in oil producers Rosneft and Bashneft, shipping company Sovcomflot, and diamond miner Alrosa.

More than ten banks, including foreign ones, showed interests in organizing privatization of VTB Bank, Bashneft, and Alrosa, Deputy Minister of Economic Development Nikolai Podguzov said earlier.

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German politician slams Ukraine’s ‘irresponsible’ strike on Russia with UK-made missiles

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Strike with Oreshnik missile was a timely and effective response to the West — Kremlin

Dmitry Peskov added that by authorizing strikes deep into Russia with its missiles, the US administration ignored Russian President Vladimir Putin's warnings about the possible consequences

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Mira Rapp-Hooper mentioned the US administration’s version, according to which North Korea has allegedly sent troops to engage in active combat in Ukraine

Lukashenko tells Putin situation is "starting to get tense with Wagner"

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Russia will expand network of direct flights to Asian countries — Deputy Foreign Minister

Russian airlines are now making direct flights to Vietnam, Indonesia and Thailan

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Biden’s decision to use ATACMS against Russia may 'blow up in America’s face' — US expert

According to Daniel Davis authorizing US long-range weapons to be used against Russia is "foolhardy to the highest order," "especially because there is no military upside for doing so"

Zelensky begs ‘for his country to be flattened’ — US journalist

"Ukraine should be forever grateful that President Putin is calm, rational and kind - because Zelensky is practically begging for his country to be flattened," American political commentator Jackson Hinkle said

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Counsellor of the Russian Embassy in Serbia Natalia Klischenkova read the text of the telegram to Kusturica

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