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The Russian Federation continued to strengthen its international donor position in 2017. Russia spends more than $1bn annually on international development assistance programs and projects. Building a good-neighbourliness belt around the country as part of its economic support of CIS nations...
Persistent link: https://www.econbiz.de/10012907004
An increase in the incoming foreign direct investments (FDI) in the Russian Federation in 2016 and the first three quarters of 2017 gave way to a decrease in the capital inflow in Q4 2017. This reflects change for the worse in foreign investors' sentiments due to negative expectations of new...
Persistent link: https://www.econbiz.de/10012915964
In 2017, Russia extended its market share in the European Union. EU imports from Russia went up from 119 to 145 bn euros, while Russia's share in the overall European imports rose to 7.8% ( 0.9 p.p.). Such growth was due to rising prices on principal products of Russian export – fuel raw...
Persistent link: https://www.econbiz.de/10012920763
Russia's positive balance of trade increased in 2017, ensuring a steady BoP position. The private sector saw capital outflow in 2017, mostly because Russian banks had trimmed foreign-exchange liabilities. The rouble appreciated on the back of stable balance of payments
Persistent link: https://www.econbiz.de/10012927075
During the first five months of 2018 Russian fuel exports grew by 28%. Exports of other goods moved up by 26%, surpassing the pre-crisis level of 2013. Imports went up by 16%, for the first time in five years its dynamics did not correspond to the dynamics of the exchange rate: imported goods...
Persistent link: https://www.econbiz.de/10012913673
Russian exports of services in 2017 grew by 14%. To achieve the export target set by the President's decree of May 7, 2018 to the tune of $100 billion over the next six years, annual growth of 9% will be required. Import of services in 2017 grew by 19% mainly due to 30% increase in traveling...
Persistent link: https://www.econbiz.de/10012917284
In 2018, exports of fuel and energy commodities increased by nearly 36%t as compared to the previous year, while growth in non-oil and gas exports amounted to over 11%. However, it was mainly facilitated by improvement of the pricing situation on the market. Within a year, imports rose by 5%...
Persistent link: https://www.econbiz.de/10012871316