Coca-Cola may exit Russia in light of ongoing events
The CEO of Coca-Cola, James Quincey, indicated that the company might withdraw from Russia if the military actions in Ukraine continue to…
Ambassadors discuss sixth sanctions package as EU debates energy, finance, and security measures
Ambassadors from EU member states will convene on May 6 to debate a new package of sanctions targeting Russia. The EU’s French Presidency…
Parallel imports: 96 goods listed, new mechanism starts May 6
The Industry and Trade Ministry has published a list of 96 goods eligible for parallel import, with the new mechanism set to begin operation…
Belarusian threw pig
In the middle of March 2022, the Eurasian Economic Commission (EEC) Council announced the suspension of import duties on a range of essential…
Shell Russia: Temporary Closures as Sale Talks Proceed
Shell Gas Stations and Torzhok Plant Temporarily Closed Amid Russian Sale Talks Shell gas stations across Russia are expected to suspend…
European Response to Potential Russian Gas Disruptions: Emergency Plans and Solidarity
European Commission plans to approve an emergency framework on 18 May in case Russian gas supplies are suddenly interrupted. The plan was…
The Cognac Industry in Russia Faces Distillery Shortages
Russia Faces Distillery Shortages in Cognac Production In Russia, producers struggle with a lack of imported distilleries used to make cognac.…
Sanctions on Russian TV channels: export controls, banking, and visa policies explained
Sanctions on Russian TV channels U.S. authorities restrict American companies from supplying equipment to Channel One, Rossiya-1 and NTV,…
State-backed mortgage program upgrades from Sberbank
The bank announced a notable shift in its housing loan program with state support, effective from May 8. The change marks a significant…
Oil Production, Sanctions, and Diversification in Russia (2022 Update)
The Council of Ministers signaled a partial rebound in oil production planned for May 2022 after a dip in April, with Russian Deputy Prime…