Stay compliant while doing business in Russia. Your guide to the Russian legal and regulatory environment, covering business law, tax, and industry-specific compliance requirements for investors.
Russia’s Foreign Minister, Sergey Lavrov, met with Kamil Idris, the Prime Minister of the Republic of Sudan, on the sidelines of the 80th Session of the UN General Assembly in New York. The discussions focused primarily on the situation in Sudan amid the ongoing military-political crisis that has persisted since April 2023. The Russian side […]
Has Eastern Europe Inherited Its Fiscal Prudence From the Soviet Era? News that the French economy has reached a debt-to-GDP ratio of 113% and that this is expected to climb further to 125% by 2030 has alarmed economists, who are stating that these levels are unsustainable and could create serious future damage. GDP/debt ratio figures […]
The Russian Prime Minister, Mikhail Mishustin, signed Order 2559-r on September 18 stipulating that specific conditions must be met by Sodeco (Sakhalin Oil & Gas Development Co. Ltd., the shareholders of which are Japex, the government of Japan, Itochu, Marubeni, and Inpex) and India’s ONGC Videsh Limited. The updated criteria for participation in the Sakhalin-1 […]
Russia’s Federal Tax Service (FTS) has contributed 7% more taxes in 7M 2025, rising by ₽2.4 trillion (US$30 billion) more than the same period last year, according to FTS CEO Daniil Yegorov. Tax payments to the federal budget rose 5%. Non-oil revenues administered by the FTS increased 27% YoY (by ₽2 trillion, or US$25 billion) […]
Russia’s domestic Mergers and Acquisition (M&A) market has risen in Q2 2025, with the volume of deals reaching ₽907 billion (US$11.3 billion). According to analysts, this is due to expectations of the Central Bank of Russia easing its monetary policy, while the outflow of foreign investors from Russia has also created opportunities. Russian investors also […]
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Russia and the Sultanate of Oman have agreed to waive visa regulations starting July 18, entitling tourists from both countries to visit for up to 30 days without visas, the Russian Foreign Ministry has stated, saying “Under the agreement, Russian citizens will be able to enter and stay in Oman without visas for up to […]
Russia wants Saudi companies to participate in developing standards for oil and gas equipment that are independent of the West, Industry and Trade Minister Anton Alikhanov has said. He was speaking at the Industrial Dialog: Russia – Saudi Arabia business forum held as part of the Innoprom 2025 exhibition currently taking place in Ekaterinburg. Alikhanov […]
The Russian Foreign Minister, Sergey Lavrov has met with Foreign Minister Mexico, Juan Ramon de la Fuente Ramirez on the sidelines of the BRICS summit in Rio de Janeiro. Mexico is not a member or partner BRICS nation; however the country was invited as an observer. Lavrov and Fuentes discussed key issues related to Russian-Mexican […]
The Russian Foreign Minister, Sergey Lavrov, has met with the Director-General of the World Trade Organisation Ngozi Okonjo-Iweala on the sidelines of the BRICS summit in Rio de Janeiro. They both reaffirmed the need for prompt reform of the WTO based on inclusiveness, non-discrimination, transparency and mutual respect, and exchanged views on several aspects of […]
Moscow has officially recognized the Taliban in Afghanistan, becoming the first major power to establish formal diplomatic ties with the Islamic government. The Russian Supreme Court had previously removed the Taliban from its list of terrorist organizations in April this year, effectively legalizing its activities for the first time since the designation in 2003. The […]
The Russian Foreign Minister, Sergey Lavrov, has been on an official visit to Kyrgyzstan to meet with the Kyrgyz President Sadyr Japarov and Foreign Minister Jeenbek Kulubayev. He arrived at Cholpon-Ata, a resort town on the northern shore of Lake Issyk-Kul, where bilateral meetings were held, and the Council of Foreign Ministers of the Collective […]
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