Economy of Russia: GK, General Studies and Current Affairs

Russia to create a $4 billion anti-crisis fund to protect economy

The Prime Minister of Russia recently announced that the country will create a $4 billion (300-billion rouble) anti-crisis fund with an aim of protecting its economy from the coronavirus attack. He also announced that Russia may miss its growth targets this year and international markets have been crashed by the impact of the virus. Huge drop in the ..

What were the importance and key outcomes of the 5th Eastern Economic Forum (EEF)?

The Eastern Economic Forum is organized by the Russian Government to provide a platform for the international community to discuss, deliberate and explore avenues for the growth and development of the Russian Far east region. About the Russian Far East The Russian Far East is physically large but sparsely populated region in the Eastern part ..

Narendra Modi leads Indian delegation at 5th Eastern Economic Forum (EEF-2019)

Prime Minister Narendra Modi has become the first Indian premier to visit the Far East Russia in Vladivostok. He attended the 20th India-Russia annual summit with President Putin and announced $1 billion loan for the development of Far East region. Mr. Modi also attended 5th Eastern Economic Forum (EEF). The forum focuses on development of ..

India offers Russia credit for develop of its Far East

In the latest announcement from the Prime Minister Narendra Modi’s trip to Russia, he has announced that India will extend a 1 billion dollar Line of Credit for the development of Russia’s Far East.  PM Modi has made it clear that India will take an active role in the development of various regions of nations ..

Eastern Economic Forum

Eastern Economic Forum is an international forum held each year in Vladivostok, Russia, for the purpose of encouraging foreign investment in the Russian Far East. The Eastern Economic Forum is considered as the biggest international communication platform for cooperation between businesses leaders and senior government representatives from Russia, the Pacific Region and the Association of Southeast Asian Nations (ASEAN).