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Minister of Economic Development of Russia Maxim Reshetnikov d | Russian Embassy in Australia

Minister of Economic Development of Russia Maxim Reshetnikov during the #APEC Ministers Responsible for Trade Meeting (Bangkok, May 22):

#GreenEnergy

Russia is a responsible partner of APEC and fulfils all its obligations and consistently implements reached agreements, including those related to energy transition.

Russia continues to honour its key international agreements on an entire range of green agenda issues.

#DoingBusiness

The situation on financial markets has stabilised. The inflation rate is slowing down, while our national currency is strengthening. In May, the rouble showed the best dynamics among all world currencies.

Unprecedented sanctions have been met with the provision of support to business and increased freedoms to enterprises inside the country.

#RussiaEEC

Import duty rates for almost 15 percent of our imports have been reduced to zero. Certification procedures have been significantly simplified and customs procedures have been sped up.