MOSCOW, September 27 (RIA Novosti) -- Russian...

MOSCOW, September 27 (RIA Novosti) -- Russian President Vladimir Putin said Tuesday that the presence of major global car manufacturers would help develop the domestic auto industry. Speaking on live television and radio, Putin said: "Many foreign companies, such as BMW and some Asian manufacturers, have already arrived on the Russian market and we are holding negotiations with Volkswagen and Mercedes." Russia, however, he said, had to create the appropriate conditions for these companies to enter the domestic market. "The government has recently taken a number of steps that have prompted a varied response," Putin said. "These steps must be balanced...in order to avoid a negative impact on consumers." In spring 2005, the government adopted a decision to assemble foreign cars in Russia and, consequently, lowered import tariffs on foreign car parts.

MOSCOW, June 5 (RIA Novosti) - Russia will...

MOSCOW, June 5 (RIA Novosti) - Russia will deploy two full-sized armies in Belarus during large-scale joint military exercises in September, the Russian chief of General Staff said on Friday.

Ukrainian national oil and gas company Naftogaz...

Ukrainian national oil and gas company Naftogaz will pay Russian energy giant Gazprom for gas supplies in April with its own funds, Ukrainian ICTV channel said citing Ukrainian Fuel and Energy Minister as saying.