Financial news: Clarifications related to the application of the provisions of the Bank of Russia Instruction dated 18.06.2025 No. 7089-U

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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Updated: 01.09.2025

For the purposes of compiling the Report, the concepts of “resident” and “non-resident” are used in the meanings established by Federal Law No. 173-FZ.

Thus, according to subparagraph “c” of paragraph 6 of part 1 of article 1 of Federal Law No. 173-FZ, residents are recognized as legal entities created in accordance with the legislation of the Russian Federation, with the exception of foreign legal entities registered in accordance with the Federal Law “On International Companies”1.

Other persons not specified in paragraph 6 of the said part are recognized as non-residents in accordance with subparagraph “g” of paragraph 7 of part 1 of article 1 of Federal Law No. 173-FZ.

In addition, in accordance with subparagraph “e1” of paragraph 7 of part 1 of article 1, foreign legal entities registered in accordance with the Federal Law “On International Companies” are recognized as non-residents.

Taking into account the above, international companies are considered non-residents.

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Financial news: 01.09.2025, 18-21 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A1098W8 (DOM 1P-18R) were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

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01.09.2025

18:21

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 01.09.2025, 18-21 (Moscow time), the values of the upper limit of the price corridor (up to 105.5) and the range of market risk assessment (up to 1306.93 rubles, equivalent to a rate of 10.0%) of the security RU000A1098W8 (DOM 1P-18R) were changed.

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/SCO Summit in Tianjin/ Chinese Foreign Minister notes significant results of SCO Tianjin summit

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

TIANJIN, Sept. 1 (Xinhua) — Chinese Foreign Minister Wang Yi on Monday highlighted a series of achievements made at the 2025 Shanghai Cooperation Organization (SCO) summit in north China's Tianjin Municipality.

The summit, the largest since the creation of the SCO in 2001, was attended by leaders of more than 20 countries and heads of 10 international organizations.

Wang Yi, who is also a member of the Politburo of the CPC Central Committee, said that the summit approved the SCO development strategy for the period 2026-2035, which determines the leitmotif and direction of the organization's development in the next 10 years.

As the head of the Chinese Foreign Ministry reported at a meeting with journalists, which he held jointly with SCO Secretary General Nurlan Yermekbayev, statements were also made at the summit on protecting the results of the Victory in World War II and on supporting the multilateral trading system.

Wang Yi noted that four new centers were opened during the event: one to combat security threats and challenges, one to combat transnational organized crime, one to strengthen information security, and one to strengthen cooperation in the fight against drugs.

The member states also decided to establish the SCO Development Bank, which, according to the head of the Chinese Foreign Ministry, will actively promote the construction of infrastructure and the socio-economic development of the SCO countries.

During the summit, Wang Yi continued, China promised to establish new cooperation platforms and centers in areas such as energy, green industry, digital economy, scientific and technological innovation, higher education and vocational education. In addition, action plans were drawn up to promote high-quality development, covering sectors such as energy, green industry, digital economy, artificial intelligence and scientific and technological innovation.

Wang Yi added that the summit also marked a breakthrough in the structural reform of the organization: observer states and dialogue partner states were united into the category of SCO partners, which included Laos, expanding the SCO to 27 member states. –0–

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Former Czech Prime Minister Attacked at Election Rally

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

PRAGUE, Sept. 1 (Xinhua) — Former Czech Prime Minister and leader of the opposition movement Action of Dissatisfied Citizens (ANO) Andrej Babis was hit on the head with a metal object during an election rally on Monday, the Czech News Agency reported.

As the agency specified, citing an official representative of ANO, the attack took place in the village of Dobra in the east of the country. A. Babiš, who served as prime minister from 2017 to 2021, was taken to hospital for examination after the incident.

The severity of his injury has not yet been reported.

Czech police said on social media site X that officers at the scene detained a man immediately after the attack and an investigation is currently underway.

ANO First Deputy Chairman Karel Havlíček said in X that the incident was one of the consequences of a “hate campaign” that, according to him, was unleashed by political rivals.

Commenting on the incident, Czech Interior Minister Vit Rakusan stressed that violence in any form is unacceptable.

"I unequivocally condemn today's attack on Andrej Babiš. Let us strive for a better future for our country through a clash of arguments and ideas, not through physical violence," he wrote in X. –0–

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Chinese Investments Boost Africa's Development: Ugandan President

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

KAMPALA, Sept. 1 (Xinhua) — Ugandan President Yoweri Museveni on Monday said investment from China is helping boost Africa's growth, particularly in sectors such as infrastructure and industry.

Speaking at the opening of a two-day Financing for Development Summit in the capital, Kampala, Mr Museveni said both public and private Chinese capital was playing a vital role in implementing transport and energy projects, which he said were key to unlocking the continent's development potential.

Participants at the summit, titled “Transforming Africa through National Development Finance Architecture,” noted the important role of private investors from China in establishing industrial parks across Africa. The Ugandan president said such parks not only help reduce import costs but also create thousands of jobs for youth.

“Unlike Western lenders, the Chinese are taking advantage of Africa’s opportunities and investing in what promises good returns,” Museveni stressed, calling on Western financiers to follow China’s example and provide affordable loans to African countries instead of leaving them at the mercy of private lenders charging exorbitant interest rates.

China has financed the construction of two large hydroelectric power plants in Uganda – the 600 MW Karuma hydroelectric power plant and the 180 MW Isimba hydroelectric power plant.

The summit, which brings together government officials, heads of national development banks and multilateral financial institutions, aims to rethink strategies for financing sustainable growth in African countries. Discussions will focus on addressing debt burdens, mobilizing resources and exploring opportunities in agriculture, technology and services. –0–

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Egypt looks to further strengthen ties with China – Deputy Prime Minister

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

CAIRO, Sept. 1 (Xinhua) — Egypt hopes to further strengthen its relations with China, especially in the economic sphere, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel al-Wazir said on Monday.

In his statement, he drew attention to the fact that China is Egypt's main trading partner and expressed hope that more Chinese companies will invest in the country.

K. al-Wazir will reportedly visit China as an envoy of Egyptian President Abdel Fattah al-Sisi to attend commemorative events marking the 80th anniversary of the victory in the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War.

Emphasizing the strength of Egyptian-Chinese ties, the Deputy Prime Minister noted that a comprehensive strategic partnership has been established between the two countries since 2014.

K. Al-Wazir referred to the plan for the implementation of the comprehensive strategic partnership between Egypt and China, which was signed in 2024. He pointed out that this agreement serves as a roadmap for developing and raising the level of bilateral relations based on the practical achievements of previous years.

The program of K. al-Wazir's trip to China includes a series of meetings with the heads and representatives of large Chinese companies to discuss cooperation issues and ways to attract additional Chinese investment to the Egyptian market. –0–

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/SCO Summit in Tianjin/ Global Governance Initiative Comes at the Most Opportune Moment – Chinese Foreign Minister

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

TIANJIN, Sept. 1 (Xinhua) — The global governance initiative was put forward by Chinese President Xi Jinping at a most opportune moment when the world is facing challenges such as frequent regional instability, slowing economic growth and the rise of forces opposing globalization, Chinese Foreign Minister Wang Yi said Monday.

Wang Yi, also a member of the Politburo of the CPC Central Committee, made the statement during a joint meeting with journalists with the Secretary General of the Shanghai Cooperation Organization (SCO) Nurlan Yermekbayev.

The Chinese diplomat clarified that the Global Governance Initiative put forward by Xi Jinping at the SCO Plus meeting includes five principles: ensuring sovereign equality, upholding the international rule of law, implementing multilateralism, implementing a human-centered approach, and focusing on action.

At the same time, as Wang Yi noted, the spirit of this initiative is fully consistent with the goals and principles of the UN Charter.

According to him, the initiative aims to firmly support the central role of the UN in international affairs and to engage countries in reforming the global governance system, building on multilateral mechanisms such as the UN, to ensure a more effective response to challenges.

As Wang Yi pointed out, the Global Governance Initiative is the fourth landmark global initiative put forward by the Chinese president in recent years, following the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative.

Wang Yi pointed out that these four initiatives bring stability and certainty to a turbulent world, reflecting China's active role and sense of responsibility in international affairs.

China will continue to stand on the side of multilateralism, advocate unity over division, and cooperation over confrontation, the head of the Chinese Foreign Ministry assured.

He added that China will strengthen coordination with the UN and all other parties to implement the Global Governance Initiative and build a fairer and more reasonable global governance system. –0–

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/SCO Summit in Tianjin/ Chinese Foreign Minister Meets with Indonesian Colleague

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

TIANJIN, Sept. 1 (Xinhua) — Chinese Foreign Minister Wang Yi met with Indonesian Foreign Minister Sugiono in north China's Tianjin Municipality on Sunday.

On behalf of Indonesian President Prabowo Subianto, who was unable to visit China due to the current domestic political situation in his country, Sugiono arrived in China to attend the 2025 Shanghai Cooperation Organization (SCO) summit, as well as commemorative events marking the 80th anniversary of the victory in the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War.

According to Sugiono, Indonesia attaches great importance to developing friendly relations with China and wishes that the current events will be crowned with complete success. He assured that the Indonesian government will make every effort to ensure the safety of Chinese personnel and institutions in Indonesia.

Wang Yi, also a member of the Politburo of the CPC Central Committee, for his part welcomed Sugiono's participation in the events in China as a representative of the Indonesian leader.

The Chinese diplomat expressed understanding and respect for the Indonesian government's adjustments based on domestic needs and expressed hope that Indonesia would ensure the safety and legitimate rights and interests of Chinese personnel and institutions in the country. –0–

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/SCO Summit in Tianjin/ Global Governance Initiative Comes at the Most Opportune Time – Chinese Foreign Minister

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

TIANJIN, Sept. 1 (Xinhua) — The global governance initiative was put forward by Chinese President Xi Jinping at a most opportune moment when the world is facing challenges such as frequent regional instability, slowing economic growth and the rise of forces opposing globalization, Chinese Foreign Minister Wang Yi said Monday.

Wang Yi, also a member of the Politburo of the CPC Central Committee, made the statement during a joint meeting with journalists with the Secretary General of the Shanghai Cooperation Organization (SCO) Nurlan Yermekbayev.

The Chinese diplomat clarified that the Global Governance Initiative put forward by Xi Jinping at the SCO Plus meeting includes five principles: ensuring sovereign equality, upholding the international rule of law, implementing multilateralism, implementing a human-centered approach, and focusing on action.

At the same time, as Wang Yi noted, the spirit of this initiative is fully consistent with the goals and principles of the UN Charter.

According to him, the initiative aims to firmly support the central role of the UN in international affairs and to engage countries in reforming the global governance system, building on multilateral mechanisms such as the UN, to ensure a more effective response to challenges.

As Wang Yi pointed out, the Global Governance Initiative is the fourth landmark global initiative put forward by the Chinese president in recent years, following the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative.

Wang Yi pointed out that these four initiatives bring stability and certainty to a turbulent world, reflecting China's active role and sense of responsibility in international affairs.

China will continue to stand on the side of multilateralism, advocate unity over division, and cooperation over confrontation, the head of the Chinese Foreign Ministry assured.

He added that China will strengthen coordination with the UN and all other parties to implement the Global Governance Initiative and build a fairer and more reasonable global governance system. –0–

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The memory of the Great Victory inspires us to build a community of shared destiny for humanity, guiding us along the path of peace and development – Ambassador of the People's Republic of China to Georgia Zhou Qian

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

Tbilisi, Sept. 1 (Xinhua) — The victory of the Chinese people in the 14-year war against Japanese invaders belongs not only to China, but also to all peace-loving nations of the world, said Chinese Ambassador to Georgia Zhou Qian.

On the eve of the 80th anniversary of the Victory in the Chinese People's War of Resistance against Japanese Aggression and the World Anti-Fascist War, he gave an interview to the Georgian online publication Business Press News.

"Today, 80 years later, as we look back on these heroic pages of history, the national dignity, international responsibility and aspiration for peace that the Chinese people displayed during the war still illuminate the path of mankind. These values serve as an important source of inspiration for building a community with a shared future for mankind, guiding us along the path of peace and development," Zhou Qian emphasized.

The ambassador paid special attention to the contribution of the Georgian people to the common victory over fascism. “We will never forget the immortal contribution of the Georgian people to the Victory in World War II,” he said.

According to him, eight decades later, the world still faces challenges. “Hegemonism, Cold War mentality, unilateralism and suppression not only undermine the world economic order, but also threaten peace and stability throughout the world. The global challenges facing humanity are becoming increasingly serious and complex, and the path to peace and sustainable development remains difficult and long,” the diplomat said.

Speaking about the current international situation, Zhou Qian recalled that China, as the first founding member of the UN Charter, a permanent member of the UN Security Council and the second largest economy in the world, has always followed its historical mission.

"From putting forward the concept of a community with a shared future for mankind to launching global initiatives in development, security and civilization, China has always supported the international community, upholding the results of the victory in World War II and international justice, and playing a constructive role in maintaining world peace and development," the ambassador said.

In conclusion, Zhou Qian stressed the importance of learning from the past: “The experience of the past is a lesson for the future. As we stand at a new starting point, we must remember the lessons of history, overcome differences through unity, replace confrontation with cooperation, and jointly write a new chapter in the development of human civilization,” the Chinese diplomat concluded. –0–

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