There might be “a creative solution” to Russia-Georgia WTO-related dispute by providing transparency of border crossing points in the breakaway regions without putting there Georgian customs officials, a senior White House official said on April 15. READ MORE
A shortage of fuel in Russia is hurting millions beyond its borders in Central Asia, where former satellite states still rely almost completely on Moscow’s gas supplies — and its decisions to tighten the taps from one day to the next. READ MORE
The Russian energy moves in natural gas and oil as they are being developed since late 2010, indicate a shift in priorities, namely more reliance on exports in the dynamic Asian markets and at the same time acceleration of the ongoing collaboration schemes with Western producers and traders. READ MORE
The occupied Georgian territories of South Ossetia and Abkhazia in the wake of war with Russia in August 2008 should not be considered as a "frozen conflict," Giorgi Baramidze, vice-prime minister of Georgia responsible for European and Euro-Atlantic integration.
Russia urged Bulgaria to speed up decisions to allow the countries to start building an oil pipeline bypassing Turkey’s Bosporus strait and a nuclear power plant on the Danube River. READ MORE
KIEV, Ukraine—President Viktor Yanukovych brushed off Moscow's latest efforts to woo Ukraine into a Russia-led trade bloc, insisting in an interview that Kiev wants special terms that would allow it to develop relations with the European Union as well. READ MORE
The American investor who once employed Sergei Magnitsky, a whistle-blowing lawyer who died unattended in a Moscow jail cell in 2009, said Monday that tax officials involved in the fraudulent $230 million refund scheme that Magnitsky was trying to expose have bought millions of dollars’ worth of real estate in Russia, Montenegro and Dubai, and stashed millions more in offshore bank accounts. READ MORE
The emergence of the Customs Union of Russia, Kazakhstan and Belarus has incited concern of the European Union. Within the EU program “Eastern Partnership” they declared about the establishment of free trade area with the EU, which may negatively influence the functioning of the CU and Common Economic Space (CES) establishment. READ MORE