Today in the news: Government Initiatives and Economic Trends: Facilitating Trade, Aviation Regulation Overhaul, Cross-Border Dynamics, and Investment Utilization
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News 1:
The Ministry of Economic Development has prepared step-by-step instructions for conducting foreign trade barter transactions. The document describes the mechanism for determining the equal value of exchanged goods and services, standard forms of contracts and governing regulations.
News 2:
The State Duma has developed bills to reduce the requirements for air taxis. The authors propose to separate transport into a separate category of aviation and partially abolish regulation, leaving safety control.
News 3:
The volume of transfers from Russia to Kazakhstan, Georgia, Armenia and Kyrgyzstan fell by 12% over the year, to $7.7 billion. Experts explain the dynamics by the fact that some citizens returned to Russia, some found income outside the country, and some faced restrictions on transfers due to sanctions.
News 4:
The permanent representatives of the European Union agreed on the European Commission's initial measures to use Russia's frozen assets to restore Ukraine. The income received by the European company Euroclear from the Russian frozen assets will be kept in special accounts until EU member states unanimously agree on how to spend it.
News 5:
Lipetsk Motorinvest, the official distributor of Chinese Dongfeng passenger cars in Russia, has agreed to assemble the first batch of crossover models ix5 and ix7 at the Avtotor plant in Kaliningrad. Assembly will be carried out from vehicle kits “obtained by semi-disassembling finished vehicles.”
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