"RIA Novosti": The value of Norwegian export to Russia has decreased by 78% in the first half-year of 2015

Read full article in Russian on the RIA Novosti website

NRCC & NHO Networking meeting in Oslo, 1 September 2015

The NRCC has the pleasure to invite representatives of its member companies and partners to the forthcoming NRCC Networking Meeting in Oslo, organized by the NRCC in cooperation with Confederation of Norwegian Enterprise (NHO).

Please click here to download the program for more details and follow the link to register for the meeting on-line

Registration deadline: Monday, 31 August 2015.

We look forward to your participation!

The NRCC administration.

Lenta.ru: Igor Sechin has suggested creation of a shipbuilding monopoly

(Original article at www.lenta.ru. English translation by the NRCC)

04 August 2015

In his letter to Russian President Vladimir Putin, Igor Sechin, the head of Rosneft, has suggested that legislative measures should be introduced to generate orders for Zvezda Shipyard. The above is reported by Kommersant Newspaper with reference to a copy of Sechin’s letter.

Sechin proposes to encourage all Russian companies – such as Gazprom, Novatek, Lukoil and others – to place construction orders for marine vessels and machinery in Russia and create a unified site where all the orders could be gathered, with the Far Eastern Shipbuilding and Ship Repair Center (FESRC) at its core. Zvezda Shipyard is a part of the FESRC.

PRESSEMELDING OM NORSK-RUSSISK SAMHANDEL 1. HALVÅR 2015

To download statistics report in English please click here

Norsk eksport til Russland er i løpet av 1. halvår 2015  redusert med NOK 2.8 mrd, eller om lag 78 % i forhold til samme periode i fjor.

Russisk eksport til Norge er økt med NOK 490 mill, som er om lag 10 % økning i eksporten i forhold til samme periode i fjor.

Den totale samhandelen i løpet av første halvår er på  NOK 6.05 mrd. Dette er en nedgang på NOK 2.3 mrd eller om lag 28 %.

Daglig leder i Norsk-Russisk handelskammer, Jarle Forbord, sier at det kraftige fallet i norsk eksport ikke er overraskende. Han viser til at restriktive tiltak er besluttet opprettholdt av alle parter. 

IMF country report - Russian Federation

In August 2015, International Monetary Fund (IMF) has released its newest country report on Russian Federation. 

The report includes:

 - A Press Release summarizing the views of the Executive Board as expressed during its July 29, 2015 consideration of the staff report that concluded the Article IV consultation with the Russian Federation.

- The Staff Report prepared by a staff team of the IMF for the Executive Board’s consideration on July 29, 2015, following discussions that ended on May 21, 2015, with the officials of the Russian Federation on economic developments and policies. Based on information available at the time of these discussions, the staff report was completed on July 2, 2015.

- An Informational Annex prepared by the IMF staff

To download full report in English please click here

To download full report in Russian please click here 

Treasury Sanctions Individuals and Entities Involved In Sanctions Evasion Related To Russia and Ukraine 

The action is designed to counter attempts to circumvent U.S. sanctions, to further align U.S. measures with those of its international partners, and to provide additional information to assist the private sector with sanctions compliance. 

For the identifying information related to this action, click here.