Category: Russia

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Russia and the UAE have signed an agreement on trade in services and investment.

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

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An intergovernmental agreement on trade in services and investment was signed in the Kremlin on the sidelines of the meeting between Russian President Vladimir Putin and United Arab Emirates President Mohammed Al Nahyan on August 7. The document was signed by Russian Minister of Economic Development Maxim Reshetnikov and by the Emirates Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi.

The agreement forms the legal basis for increasing trade and investment cooperation between Russia and the UAE, significantly reducing barriers and opening up new prospects for companies in both countries. Stable and transparent rules for doing business and investment activities are established.

The document complements the free trade agreement in goods between the EAEU and the UAE, signed in June 2025. Together, these agreements create a comprehensive and inclusive free trade area, providing businesses in both countries with additional preferences compared to the rules of the World Trade Organization.

The agreement provides new opportunities for Russian companies to enter the UAE market and expand their presence. Thus, Russian service providers and investors will be able to operate without restrictions in such sectors as computer services, research and development, technical testing, technical consulting, computer backup in air transport, repair of sea and aircraft, rail transport, management services, educational, legal services. In addition, Russian companies are guaranteed the opportunity to open subsidiary banks, medical institutions and news agencies with 100% Russian capital in specialized free zones of the UAE.

The agreement will also facilitate the implementation of mutually beneficial joint projects in priority sectors such as energy, industrial production, and infrastructure. The parties will establish a Russian-UAE Investment Council, whose tasks will include expanding investment cooperation between the two countries and eliminating barriers to such interaction.

"The agreement will give new impetus to positive and mutually beneficial cooperation with the UAE. It will contribute to the expansion of bilateral trade and economic cooperation in trade in services, diversification of trade flows, expansion and deepening of cooperation ties," noted Maxim Reshetnikov.

Let us recall that the UAE President is in Moscow on an official visit. The focus of the high-level talks is the state and prospects for further development of multifaceted Russian-Emirati cooperation.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Dmitry Chernyshenko: More than 2.5 thousand participants gathered at the All-Russian family tourism festival in the Tula region

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

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From August 7 to 10, the All-Russian Family Tourism Festival of the project "The First Campaigns are More Than a Journey" of the Rosmolodezh program "More Than a Journey" and "The First Movements" is taking place in the Tula Region. Since this year, the event has been included in the national project "Youth and Children".

"One of the priority tasks set before us by President Vladimir Putin within the framework of the national project "Youth and Children" is the education of a patriotic and socially responsible individual based on traditional spiritual and moral values. Among the key ones are family values. They are strengthened by the All-Russian Family Tourism Festival "More Than a Journey". More than 2.5 thousand participants gathered in the Tula Region – these are parents with children, young married couples, and hiking dynasties from all over the country. I am sure that thanks to the festival, they will receive many bright common memories and establish new family tourism traditions," said Deputy Prime Minister Dmitry Chernyshenko.

The Deputy Prime Minister added that in our country, conditions for travel by families with children are also created within the framework of the national project "Tourism and Hospitality". For example, the national tourism portal "Puteshestvoem.rf" publishes routes for family tourism. In addition, the availability of at least 5% of rooms in hotels and inns for accommodating families with children is a mandatory condition for participation in the selection of the program of preferential lending for the construction of tourism infrastructure.

The festival will feature a broad educational, cultural and leisure program. Young people will take part in quizzes and interactive games dedicated to business and advertising from Rosmolodezh.Predprinimay and Rosmolodezh.Profi, and will also be able to evaluate the products of aspiring entrepreneurs at the Youth Market. The Rosmolodezh.Forums platform will prepare a thematic area where it will tell about Rosmolodezh forums and programs, the possibilities of the national project Youth and Children, and introduce participants to the Rosmolodezh Care Service. In the Dobro.RF zone, participants will be able to learn about the volunteer movement in Russia.

"The festival "More than a Journey" will become a unique space where more than 600 families with children, young couples and hiking dynasties will meet. Together they will master useful tourist skills, go on hikes and share joyful moments of active and conscious recreation in nature. The value of such events is that they foster respect for their country, nature, history, thereby making stronger not only families, but also society itself," said the head of Rosmolodezh Grigory Gurov.

Festival guests will enjoy interactive formats and exciting seminars from the presidential platform "Russia – Land of Opportunity". A finalist of the "Russia – Land of Opportunity" award, Anastasia Svistunova, the owner of the best gastronomic public space in Russia in 2022, the artisan bakery "Tradition", will also give a lecture. The "Knowledge" society will organize an open dialogue with the famous traveler Fyodor Konyukhov. The program will also be presented by "Tavrida.Art" and the "Mashuk" Knowledge Center. The Roszapovedtsentr of the Ministry of Natural Resources will present a series of environmental master classes from the country's protected areas.

Following the festival, participants will create an art object that will become a symbol of unification and continuity of generations. Participants will share family traditions by writing them on a special banner installation.

The festival partners are the Znanie society, the presidential platform Russia – Land of Opportunities, Rosmolodezh.Predprinimay and Rosmolodezh.Profi, Rosmolodezh.Forums, Tavrida.Art, Dobro.rf, the Roszapovedtsentr of the Ministry of Natural Resources and others.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: Federal Treasury deposit auction to take place on 08.08.2025

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

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Application selection parameters
Date of the selection of applications 08.08.2025
Unique identifier of the application selection 22025229
Deposit currency rubles
Type of funds funds of the single treasury account
Maximum amount of funds placed in bank deposits, million monetary units 400,000
Placement period, in days 4
Date of deposit 08.08.2025
Refund date 08/12/2025
Interest rate for placement of funds (fixed or floating) Fixed
Minimum fixed interest rate for placement of funds, % per annum 17,19
Basic floating interest rate for placement of funds –
Minimum spread, % per annum –
Terms of conclusion of a bank deposit agreement (fixed-term, replenishable or special) Urgent
Minimum amount of funds placed for one application, million monetary units 1,000
Maximum number of applications from one credit institution, pcs. 5
Application selection form (open or closed) Open
Application selection schedule (Moscow time)
Venue for the selection of applications PAO Moscow Exchange
Applications accepted: from 09:30 to 09:40
*Preliminary applications: from 09:30 to 09:35
*Competition mode applications: from 09:35 to 09:40**
**Time interval for the end of accepting applications (seconds): 120
Formation of a consolidated register of applications: from 09:40 to 09:50
Setting a cut-off percentage rate and/or recognizing the selection of applications as unsuccessful: from 09:40 to 10:00
Submission to credit institutions of an offer to conclude a bank deposit agreement: from 10:00 to 10:50
Receiving acceptance of an offer to conclude a bank deposit agreement from credit institutions: from 10:00 to 10:50
Deposit transfer time In accordance with the requirements of paragraph 63 and paragraph 64 of the Order of the Federal Treasury dated 04/27/2023 No. 10n

* for the open form of selection of applications from credit institutions for the conclusion of bank deposit agreements.

** the end time for accepting applications from credit institutions to conclude bank deposit agreements is set within the time interval and is determined by the exchange’s information software and hardware arbitrarily, within the established time interval.

Contact information for media 7 (495) 363-3232Pr@moex.kom

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Marat Khusnullin: Applications from 9 more regions for housing and communal services modernization using treasury infrastructure loans have been approved

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

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The Presidium (headquarters) of the Government Commission on Regional Development, headed by Deputy Prime Minister Marat Khusnullin, approved new applications for the implementation of projects financed with the use of treasury infrastructure loans (TIL).

"The majority of the application campaign for the implementation of projects under treasury infrastructure loans has been completed, so we have begun active work on approving projects so that the regions can promptly begin implementing them. All projects are socially significant. I thank the Ministry of Construction, the Territorial Development Fund, and the teams of governors for their responsible approach and carefully selected projects that will directly impact the quality of life of people and the comprehensive and long-term development of the region. Today, we reviewed and approved applications from nine more regions for a total of 39.6 billion rubles in CIC funds, which will be used to work with 34 public utility infrastructure facilities as part of 16 projects. Thus, to date, applications for new projects at the expense of CIC funds have been approved for 20 regions for a total of 106.2 billion rubles," said Marat Khusnullin.

The Deputy Prime Minister reported that, in particular, the headquarters approved an application for the construction of heating networks for apartment buildings in the developing microdistricts of Preobrazhensky and Radio Station in the urban-type settlement of Kaa-Khem in the Republic of Tyva with a KIK volume of 357.53 million rubles.

A treasury infrastructure loan in the amount of 1.14 billion rubles will be allocated for the construction of a gas boiler house and heating networks, the construction and reconstruction of sewer networks and a collector in Vologda, Vologda Oblast.

In the Irkutsk region, a CIC in the amount of 2 billion rubles has been approved for the construction of a sewer collector and reconstruction of a water pipeline.

In the Tula region, a 19.8 km long water supply system will be reconstructed; financing in the form of a CIC in the amount of 3.07 billion rubles has been approved for this.

Also, the Republic of Bashkortostan with a CIC volume of 8.51 billion rubles has been approved an application for the design and reconstruction of a water intake, the design and construction of a water pipeline and clean water reservoirs, gravity and pressure collectors, a sewage pumping station with a capacity of 44 thousand cubic meters per day.

In the Rostov region, a treasury infrastructure loan in the amount of 8.71 billion rubles will be used for the reconstruction of the storm sewer system of Rostov-on-Don.

In addition, the Penza Region has approved an application with a CIC volume of 2.58 billion rubles for the implementation of 4 projects. They include the design, construction and technological connection of public infrastructure facilities in Kuznetsk along Okruzhnaya Street and the Raiki microdistrict in Penza, as well as the design and construction of a main water pipeline in the area of Izmailova Street, Novo-Kazanskaya Street in Penza with a length of 440 m.

The Tambov Region has approved an application with a CIC volume of 917.45 million rubles for the construction of treatment facilities with a capacity of 10.7 thousand cubic meters per day.

The headquarters approved 3 projects for Krasnodar Krai with a CIC volume of 12.3 billion rubles. The funds are planned to be used for the reconstruction of treatment facilities in Anapa with a capacity of 100 thousand cubic meters per day, the construction of a sewage pumping station and a pressure pipeline and a main sewage collector in Krasnodar with a capacity of 400 thousand cubic meters per day.

Vasily Kupyzin, CEO of the Territorial Development Fund, the operator of the treasury infrastructure loan program, noted that the President has set the task of improving the quality of public services for 20 million Russians by 2030.

"A large-scale housing and utilities modernization program will help achieve this goal, within the framework of which 4.5 trillion rubles are planned to be allocated to the industry. In particular, treasury infrastructure loans are involved in the financing, which already at the stage of the application campaign demonstrated their demand. The Fund takes the most active part in the formation of comprehensive plans for the regions. For this purpose, a large-scale inventory of the communal infrastructure in the country was conducted. Its full detailed database is collected in our automated information system. Thus, the AIS FRT gives us a complete picture of the industry," said Vasily Kupyzin.

Previously, the presidium of the government commission approved applications from 11 regions for a total of 66.6 billion rubles. Most of the funds will be used to modernize the housing and utilities system.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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2025 World Games officially open in Chengdu

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

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

CHENGDU, Aug. 7 (Xinhua) — Chinese State Councilor Shen Yiqin announced the opening of the 12th World Games at a ceremony at the Tianfu International Conference Center in Chengdu, capital of southwest China's Sichuan Province, on Thursday evening.

Under the Tianfu Roof, the largest single wooden structure in Asia, stretching 430 meters, some 10,000 spectators greeted Shen Yiqin with thunderous applause as she officially declared the Games open. Also present at the ceremony were International World Games Association (IWGA) President Jose Perurena and International Olympic Committee (IOC) Executive Committee member Li Lingwei.

The 12th World Games will be held from August 7 to 17 under the theme of “Unlimited Sports, Countless Wonders”. This is the first World Games to be held in mainland China. Chengdu previously successfully hosted the 31st FISU World Summer Universiade in 2023.

A truly historic event was the torch relay of the World Games in Chengdu, which took place on July 26 at the iconic Sanxingdui Ruins Museum, the cultural “heart” of Sichuan Province. The relay involved 120 torchbearers.

The Chengdu World Games are the largest in history, with a record 6,679 athletes and officials from 116 countries and regions taking part. 3,942 athletes will compete in 256 disciplines across 34 sports.

China has sent its largest delegation ever to the Games, 489 people, including 321 athletes. The Chinese team will feature para-athletes for the first time. Chinese athletes will compete in 152 disciplines in 28 sports, debuting in 12 of them, including cheerleading, ultimate frisbee and powerboating.

In her video message, IOC President Kirsty Coventry welcomed the athletes, officials and fans.

“I would like to thank the Chinese organisers for their usual professionalism, hospitality, impeccable organisation and legendary Chinese efficiency,” said Coventry. “I thank the Chinese Olympic Committee, the Chinese sports authorities, local and central government for their continued support, and the people of Chengdu and the volunteers for all their enthusiasm and contributions,” she added.

In his speech, H. Perurena praised Chengdu's efforts, noting that his "dedication to the cause exceeded all expectations."

“Thank you for your vision, your tireless work and your deep belief in the values that the World Games represent. Chengdu, you are not just the host, you are the heart of these Games,” said Perurena.

With the 2025 Chengdu World Games being Perurena's last as IWGA President, he added: "I can't imagine a better farewell than standing here in Chengdu, at the centre of world sport."

Gao Zhidan, Chairman of the Chengdu Organizing Committee and Director of the General Administration of Sports of the People's Republic of China, said that Chengdu aims to host "succinct, safe and wonderful" Games, guided by the principles of openness, inclusiveness and cooperation.

"We hope that hosting the World Games will effectively stimulate the development of public health initiatives, give impetus to the sports industry, accelerate the development of the city, and allow the benefits of sports development to reach a wider mass of people," Gao Zhidan said.

The organizers did not build new facilities. Instead, they used the facilities left over from the Universiade, modernized 18 arenas, and set up 9 temporary sites in parks near lakes. In total, 27 facilities will be used in the competition. –0–

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UN Secretary General says trade wars must be avoided

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

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

UNITED NATIONS, Aug. 7 (Xinhua) — UN Secretary-General Antonio Guterres has expressed his firm belief that any trade wars are destructive and should be avoided, Deputy Spokesman for the UN Secretary-General Farhan Haq said on Thursday.

“This is depressing news,” Mr. Haq said at a daily briefing when asked about the introduction of U.S. tariffs that took effect on Aug. 7.

As F. Hack emphasized, the Secretary-General wants to convey to governments of all countries the understanding that during trade wars it is necessary to take measures to protect the poorest and most vulnerable segments of society, who will certainly suffer due to increased prices.

New US tariffs on dozens of trading partners have raised concerns around the world that the updated tariff rates, ranging from 10 percent to 41 percent, will disrupt international trade. –0–

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Light aircraft with 4 people on board crashes in Kenyan capital

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

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

NAIROBI, Aug. 7 (Xinhua) — A light aircraft carrying four people crashed in a residential area on the outskirts of Nairobi, Kenya's capital, on Thursday, the Kenya Civil Aviation Authority (KCAA) said in a statement.

According to official information, the air crash involved a Cessna Citation 560 air ambulance aircraft, tail number 5Y-FDM, which took off from Wilson Airport in Nairobi at 14:14 local time, heading to the city of Hargeisa in northern Somalia. The aircraft crashed in the Mwihoko area three minutes into the flight, it was reported.

The plane, which belonged to air ambulance service provider African Medical Research and Development Foundation (AMREF Flying Doctors), went down under unclear circumstances, KCAA CEO Emile Arao said, but did not provide any information on the fate of those on board.

"We are deeply saddened by this tragic incident involving an air ambulance. Our first priority is to support the rescue efforts and provide all necessary assistance to the families of the victims," said E. Arao.

The statement said search and rescue operations at the crash site were being led by the Kenya Defence Forces and the National Police Service. A team from the Air Accident Investigation Department was dispatched to investigate the cause of the crash.

Footage from the crash site shows the wreckage engulfed in flames and bystanders watching from afar. –0–

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China hands over new batch of food aid to Zimbabwe

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

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

HARARE, Aug. 7 (Xinhua) — China on Thursday delivered a fresh batch of food aid to Zimbabwe to bolster food security in the southern African country following a devastating drought caused by the El Niño climate phenomenon last year.

Speaking at a handover ceremony in the Zimbabwean capital Harare, Zimbabwe's Deputy Minister of Public Service, Labour and Social Welfare Mercy Dinha thanked China for the donation of about 3,000 tonnes of rice and wheat, saying it would go a long way to helping vulnerable people.

"We are talking about families headed by children, disabled people and the elderly. We will try to ensure that this cargo reaches those in need, especially in hard-to-reach areas," said M. Dinha.

"China is our all-weather friend. This country helps us in developing infrastructure and agriculture. So I sincerely want to thank China for participating in the development of Zimbabwe," she added.

Chinese Ambassador to Zimbabwe Zhou Ding, for his part, stressed China's firm commitment to helping Zimbabwe ensure food security and reduce poverty. According to the diplomat, the food supplies were part of China's response to Zimbabwe's international appeal for food aid following last year's devastating drought.

“As we always say, a friend in need is a friend indeed. China and Zimbabwe are time-tested friends,” Zhou Ding said. “As friends, we are always ready to provide assistance when our Zimbabwean brothers and sisters need it most,” the Chinese ambassador assured.

Noting that China has always attached great importance and priority to food security and poverty alleviation, Zhou Ding stressed that the two countries should further strengthen their partnership to enhance food security. –0–

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Beijing issues blue alert over threat of heavy rain

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

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

BEIJING, Aug. 7 (Xinhua) — The Beijing Meteorological Department on Thursday issued a blue alert for rainstorms, forecasting heavy rainfall across the city.

The meteorological service predicts moderate to heavy rainfall from the morning to midnight on August 8, with particularly intense rainfall expected in suburban areas including Yanqing, Huairou, Miyun and Pinggu. Over the course of 24 hours, rainfall in these areas could reach more than 30 mm per hour, with some areas experiencing more than 100 mm per hour.

The capital's water management department and meteorological service issued a joint warning at 8:00 p.m. Thursday due to the threat of mountain torrents. In particular, the Miyun district will be in a high-risk zone from 6:00 a.m. on August 8, while the probability of mountain torrents will also remain in other mountainous areas.

Authorities also issued a blue alert over the threat of flooding in the capital's Haidian, Chaoyang, Shijingshan and Fengtai districts.

China has a four-tier, color-coded weather warning system, with red representing the highest level of danger, followed by orange, yellow and blue. –0–

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Kyrgyzstan and Uzbekistan will send 600 million cubic meters of water to Kazakhstan

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

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

Almaty, Aug. 7 (Xinhua) — Kyrgyzstan and Uzbekistan will send 600 million cubic meters of water to Kazakhstan, the Interfax-Kazakhstan news agency reported on Thursday, citing Kazakh Deputy Prime Minister Kanat Bozumbayev.

The Deputy Prime Minister noted that a tense situation with irrigation water has developed in the south of Kazakhstan, which can be resolved thanks to agreements on the passage of approximately 600 million cubic meters of water.

According to K. Bozumbayev, all necessary consultations were held with colleagues from Kyrgyzstan and Uzbekistan. Last week, Kyrgyzstan and Uzbekistan were behind schedule in delivering water to Kazakhstan by just over 1 billion cubic meters.

K. Bozumbayev noted that in 2025, all Central Asian countries will experience low water levels, high temperatures in the summer and a lack of precipitation.

“This year, there were increased water consumption rates for crop production, and the water that came to us was significantly less… The flow rate of the Syr Darya, Shu and Talas rivers and other smaller canals was approximately 40 to 30 percent,” the Deputy Prime Minister reported. –0–

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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