An arm of Russia's largest lender, Sberbank CIB, plans to more than double its gold sales to India this year and sell more of the precious metal than forecast to China, its head of global markets Andrey Shemetov told Reuters.
Trade with China is more active this year than the bank originally expected, according to Shemetov. Sberbank plans to upgrade an initial sales forecast of 20 tons of gold to China in 2018. It has already sold 14 tons to Beijing in the first quarter alone. Last year it supplied five tons.
The bank also plans to deliver 25-30 tons of gold to India. In 2017, Sberbank sold 10 tons of gold to the world's second-biggest consumer after China.
TVEL JSC has shipped to India the final consignment of uranium fuel pellets for BWR reactors and thereby fulfilled the relevant contract with the Department of Atomic En...
Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for a strong bilateral and economic relationship between the countries.
Russiaís trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...
About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya