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Since then, our country played prominent role in India’s economic development. The first steps towards technical modernization of India with the assistance of the USSR were made in 1955 when the documents on the commencement of work on the construction of the largest metallurgical plant in India near the city of Bhilai were signed. The Soviet side committed to providing all technical documentation and training of workers at the plant. Later, with further assistance of our country, the machine-building plants in Durgapur, Ranchi and Hardwar were built. Significant Soviet contribution was v...

Belarus' commodity exchange offers Russia direct access to Belarus' farm produce An archive photo MINSK, 3 June (BelTA) – The Belarusian Universal Commodity Exchange (BUCE) is ready to give Russian companies direct access to the biggest producers and consumers of agricultural products in Belarus, as well as to assist them with entering the commodity exchange market of Belarus. Such a proposal was put forward at a seminar to discuss economic activities of Russian companies on the territory of Belarus that was arranged by the Trade Representation of the Russian Federation in Belarus on the si...

Exports of Russia’s shipbuilding industry in 2020 rose by 40.7%, YoY European countries accounted for 53.5% of Russian ships and floating facilities exports Despite the pandemic exports of Russia’s shipbuilding industry in 2020 rose by 40.7%, year-on-year, to $734.2 million, says Sergey Vologodsky, Vice-President of Russian Export Center (REC). When speaking at the online conference in the framework of the business mission for fishing, shipbuilding and maritime companies, he emphasized that the potential of growth seen by REC is at least $2.1 billion, the level of 2018. According to...

By Fidan Babayeva - Trend: The third trading house of Azerbaijan has been opened in China's Qingdao with the support of Azerbaijan's Ministry of Economy and organization of Trade Representation at the Azerbaijani embassy in Beijing, Trend reports referring to a source in the ministry. According to the source, the opening was attended by the Ambassador Extraordinary and Plenipotentiary of Azerbaijan to China, Akram Zeynalli, trade representative, Teymur Nadiroglu, and from the Chinese side - a member of the Standing Committee of the Qingdao City Government, Liu Jianjun. "The Trading House of A...