Russia to be Less Reliant on Food Imports

According to RIA Novosti, the President of Russia, Dmitry Medvedev has approved a plan to boost domestic food production and reduce the country’s dependence on imports. Russia plans to enhance its food production through a new food policy which is expected to produce up to 95 percent of domestic grain needs followed by 80 percent [...]

Russia to Lead Gas Exporters – Reinforces its Position

Leonid Bokhanovsky, a board member and the first vice president of the leading engineering-construction company Stroitransgaz of Russia has been chosen as the General Secretary of the Gas Exporting Countries Forum (GECF). The GECF leadership in the hands of Russia means that it will have more control over natural gas producers as well as monopolistic [...]

BRIC Plans to Fix Monetary System by altering USD Role

The first BRIC (Brazil, Russia, India and China) Summit is underway in Russia which has been conducted parallel to the Shanghai Cooperation Organization (SCO) to address the issues of global financial system. The coincidence of the summits reasserts the fact that the participating nations would be playing a larger role in maintaining regional security and [...]

Russia Proposes Grain Triangular Union with Ukraine and Kazakhstan

At the recently concluded World Grain Forum, Russia showcased a model which is expected to help the grain producers of Russia, Ukraine and Kazakhstan to counter price volatility of the world grain market. The Russian Agriculture Minister Yelena Skrynnik presented the proposal, the brainchild of the Russian President Dmitry Medvedev in the forum that was [...]

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