Niko Vardapetyan, the managing director for natural resources at the Russia-backed Eurasian Development Bank, tells Jacopo Dettoni how the bank is plugging the financing gap caused by Western sanctions, and the bank's plans to make Eurasian economies closer and more diversified.
Latest articles from Russia
Russia named most diversified commodity economy for the second year running
Russia has held firm as fDi’s most diversified commodity economy, followed by Ukraine and Ecuador, in the second annual index measuring the diversity of greenfield foreign investment. Cathy Mullan examines the results.
A little local knowledge sees Ulmart sweep Russian e-commerce market
Ulmart – Russia's equivalent of Amazon – is dominant in its home market, where it is active in more than 240 cities. And through its digital strategy, which among other innovations sees it accept payment in Bitcoin, the company looks set to stay ahead of the international field.
Moscow economics relations minister turns focus to innovation and infrastructure
Sergey Cheremin, minister in charge of international economic relations for the city of Moscow, is upbeat despite Western sanctions. The Russian capital is focusing on high-tech industries as part of a massive long-term redevelopment scheme, he tells Courtney Fingar.
Turkey and Russia sign $12.7bn TurkStream deal
The two countries’ pragmatic leaders have put aside their differences to conclude Russia’s biggest ever greenfield investment into Turkey.
A distant dream: Putin plans to revitalise Russian Far East
Vladivostok in the Russian Far East lies more than eight hours away from Moscow by plane. However, it does sit within close proximity to key global economies such as China, Japan and South Korea, which is behind Vladimir Putin's drive to make the resource-rich region a centre of Russian social and economic development. Courtney Fingar reports.
FDI flows from China into Russia hit new high in 2015
Chinese FDI into Russia reached a new peak last year, reports Julia Klotzer.
Creating an industrial pipeline
Russian minister of industry and trade Denis Manturov talks to fDi at the Eastern Economic Forum in Vladivostok.
Tatarstan president looks to Islamic finance to fill funding gap
Faced with low oil revenues and sanctions against Russia, Tatarstan president Rustam Minnikhanov tells Courtney Fingar how he is promoting R&D, while diversifying the country’s economy away from its traditional industrial base and into Islamic finance.
Russia to slash public spending by 10%
The slump in oil prices means the Russian government has little choice but to make deep cuts to balance its budgets
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