Deputy Minister of Economic Development inspected the infrastructure of the Mamison resort

Translation. Region: Russian Federal

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

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On July 17, 2025, Deputy Minister of Economic Development of Russia Sergey Nazarov visited North Ossetia on a working visit. The main point of the trip was the all-season tourist and recreational complex "Mamison", where an off-site meeting was held with the participation of the Minister of Economic Development of the Republic of North Ossetia Alania Marat Sokayev and representatives of "Kavkaz.RF".

During the meeting, key areas of further development of the resort were discussed, including the pace of construction of facilities and connection to utility networks. Sergey Nazarov inspected the transport, utilities and tourism infrastructure, including ski slopes, hotels, glampings and tent camps. In addition, the meeting participants tested the new Mamihdon trail from the upper cable car station to the tent camp (length over 4 km).

Today, the resort has two cable cars, 14 km of ski slopes, hotels, cafes and year-round recreation facilities. Due to the national project "Tourism and Hospitality Industry", 590 million rubles were allocated for infrastructure development in 2023-2024. In 2025-2027, financing in the amount of 150 million rubles is planned.

Construction and installation works at the 110/10 kV Mamison substation have been fully completed. In December 2024, an agreement was concluded between JSC Kavkaz.RF and PJSC Rosseti North Caucasus, ensuring the technological connection of the resort facilities. The redistribution of capacity in the amount of 4480 kW allows for the launch of the infrastructure in normal mode.

The main gas pipeline, 14.5 km long, is 90% complete, and 100% within the resort. Gas supply via this route is expected in the fourth quarter of 2025.

The water intake unit with a capacity of 4,500 m³/day has been operating since 2014 and was transferred to the balance of the republican water utility in 2024. The resort is connected to the centralized water supply according to a temporary scheme: water comes directly from wells, bypassing reservoirs. This ensures the functioning of the facilities, but requires additional measures to modernize the system.

"The creation of the Mamison resort is not only a contribution to the tourist attractiveness of North Ossetia, but also to the development of the entire economy of the region. Over the past two years, we have managed to overcome infrastructure barriers and move to the stage of stable operation. Today, the task is to ensure the stable operation of all engineering systems, involve investors and continue the comprehensive development of the resort," emphasized Sergey Nazarov.

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Government to improve rules for building crab boats

Translation. Region: Russian Federal

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

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Document

Resolution of July 17, 2025 No. 1075

The government has amended the requirements for crab boat construction projects under the investment quota mechanism. After the agreement with the previous investor is terminated, new companies will be able to begin completing the vessels under the same conditions.

The government has amended the requirements for projects to build crab vessels under the investment quota mechanism

"The fishing shipbuilding industry is currently on the rise, including thanks to the deep modernization of production. The "keel quota" mechanism has restarted the process of creating a Russian fishing fleet. The amendments adopted by the Russian Government will allow us to quickly respond to changes in the situation and, in the event of shipbuilding companies or investors withdrawing from projects, without losing momentum, to involve other participants – for the successful and timely completion of the construction of new crab vessels," said Deputy Prime Minister Dmitry Patrushev.

The practice of recent years has shown that the existing regulatory framework made it difficult to complete the construction of crab vessels. If the agreements were terminated for any reason, then upon completion of construction it was impossible to ensure compliance with current requirements for industrial products and the conclusion of new investment contracts for the completion of such vessels. The discrepancy was identified during meetings in the format of incident No. 42 "Fishing vessels" chaired by Deputy Prime Minister Dmitry Patrushev. Thus, the changes introduced by the Government will allow new contracts to be concluded with investors for the freed up shares of the investment quota.

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NSU hosted the first economic quest “Knowledge — Money”

Translation. Region: Russian Federal

Source: Novosibirsk State University –

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On July 10, Novosibirsk State University hosted a fascinating economic quest, “Knowledge — Money,” in which 65 high school students from different schools in Novosibirsk took part. It was not just an intellectual challenge, but also a real immersion into the world of economics, where knowledge, logic, and teamwork become the key to success.

The quest was organized by the public organization "Laboratory of Economics and Business" with the support of Faculty of Economics, NSU, the “First” movement and the low-rise eco-quarter “Spectrum”.

—The Laboratory of Economics and Business was created three years ago. Our mission is to develop schoolchildren's interest in economics and to form a culture of systems thinking. The first event we held last year was a course of lectures and interactive seminars "Basics of Economics and Business for Schoolchildren". Instead of the planned 20 people, more than 60 took part in it. We realized that schoolchildren have a huge interest in economics and new educational formats. This is how the idea of a quest was born, which we decided to hold in the summer, — said Dmitry Markov, a lecturer in the Department of Management of the Faculty of Economics of NSU, head of the laboratory.

The participants united into 14 teams, each of which went through 13 stations in four thematic "economic laboratories" in three hours. At each station, the teams passed tests on knowledge, logic and ingenuity, solved problems of varying difficulty levels and earned points. The maximum for each station was 100 points, and at the end the strongest team was determined.

1. Systems Analysis Laboratory

The children were given tasks that clearly demonstrated the importance of a systematic approach to solving problems. A crossword, a fillword, and a Japanese puzzle called "Bridges" — all of this forced the participants to think logically, find patterns and relationships. And most importantly, it helped them better understand how economic processes are structured in reality.

2. Laboratory of Economic Intuition

Here, participants encountered economic puzzles, asset turnover tasks, and cases that required filling in missing terms. These tasks helped participants not only remember the terms, but also understand how they work in the context of business and finance.

3. Business Analytics Lab

It turned out to be the most difficult — and, perhaps, the most educational. The kids had to understand the financial statements of the Magnit retail chain, pass tests on formal logic, and solve numerical problems that are used when hiring in large financial companies. This gave the schoolchildren the opportunity to “try on” the role of a business analyst and understand how interesting and in-demand this profession is.

4. Bipolar Laboratory

This lab turned out to be the most creative and memorable. Participants had to not only think, but also act:

Assemble a product according to the technical specifications from a construction set. Assemble a puzzle from the logos of famous brands and compare them with the companies' missions. Restore the system by analogy with the game "Tetris". Assemble slides with company analytics to create a complete picture.

These tasks developed not only logic and economic thinking, but also teamwork skills, attentiveness and creativity.

Each laboratory had its own curators, who were students from the Faculty of Economics of NSU.

Artem Bezrukov commanded the business analytics laboratory.

— Three stations: calculation tasks, a logic storm and a hellish quiz on financial reporting. I thought that my stations would be the hardest for the participants, but the guys turned out to be great! We were especially impressed with the financial reporting of Magnit. We compared profitability, revenue, turnover — like analysts with real cases! Honestly, I thought that out of 100 points our maximum would be 50, but I was pleasantly surprised by other results!) I admit, the logic test turned out to be the most tricky. Only two teams were able to solve it 100 out of 100! Apparently, numbers are closer to them than puzzles.) Even my fifth-graders learned to calculate profitability! — said Artem.

Kira Kurmasheva was responsible for the bipolar laboratory.

—We had a great time and enjoyed it as much as the quest participants. Our lab had the most stations — four. All the tasks in my lab were interactive, the kids were asked to assemble a flower from a construction set, restore economic slides, assemble puzzles with logos of famous companies, and solve a riddle. All the tasks were quite easy, but very interesting. Our lab had the highest average score for the quest.

I am very glad that our event attracted so many children from all over the region. During the game, I received a lot of positive feedback about the quest. I hope that I will participate in many more similar projects from the laboratory of economics and business! – Kira shared.

As a result, all teams completed all stations, showed good results and acquired valuable skills. The winner of the quest was the team "EkoMi", which scored the highest number of points.

All participants were awarded raffle tickets and delicious pizza, which was a pleasant end to a busy but exciting day.

Here's what the event participants thought about the quest.

Taisiya Gershun, 8th grade, OC "Gornostay":

— Although I was never particularly interested in economics, the quest even made me think about enrolling in the economics department! An interesting format that helps to apply knowledge from economics in practice. During the quest, you learn to work together and make decisions quickly. It was especially interesting to solve economic puzzles and solve different problems. At the end, there was an announcement of the winners and pizza!!

 

Vladimir Rimmer, 9th grade, Lyceum No. 130:

— My mother signed me up for the quest, for which I am very grateful to her. I got a lot of new emotions, made new acquaintances. I really liked the idea itself, the organization and, of course, the surprise in the form of pizza after the end. If I were to rate the quest on a ten-point scale, it would definitely be 10 out of 10!

 

Daria Rakova, 9th grade, OC "Gornostay":

— Overall, the event was interesting and useful. The tasks were varied, you had to think and act. I especially liked two things: bridges and a crossword puzzle. These logic tasks are just super, and everything was exciting with the team. Overall, I spent my time usefully, learned something new and laughed.

 

The Laboratory of Economics and Business is already drawing up a plan for future events, where schoolchildren not only gain new knowledge, but also come into contact with university life.

— The guys spent the whole day at NSU, got to know the university, its teachers and students better. We are sure that many of them will choose NSU as the place of their admission and further education, — Dmitry Markov emphasized.

 

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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SCO countries are continuously deepening the interconnectivity of supply chains and production chains

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

QINGDAO, July 21 (Xinhua) — With the global economic architecture changing rapidly, member states of the Shanghai Cooperation Organization (SCO) have been continuously deepening the connectivity of supply chains and industrial chains through pragmatic cooperation, according to participants at the China-SCO Regional Economic and Trade Cooperation Conference held recently in Qingdao, east China's Shandong Province.

Li Gang, assistant general manager of Sinopec Group Co., Ltd., expressed hope for deeper cooperation in the upstream and downstream sectors of industrial chains, including joint projects in crude oil refining, jointly upgrading industrial technology, and building more competitive chemical industry clusters, so as to promote the coordinated development of manufacturing industries in the region.

Logistics and transportation are an important pillar for deepening the connectivity of supply chains and industrial chains. According to the management committee of the China-SCO Regional Economic and Trade Cooperation Demonstration Zone in Qingdao, 4,500 China-Europe international railway trains have been operated on the zone, linking it with 54 cities in 23 countries.

In addition, at present, the China-SCO Demonstration Zone is also the leader in China in terms of the number of truck shipments under the TIR /International Road Transport/ system.

According to a local international economic and trade company, the TIR system has greatly improved the efficiency of international trade. With the introduction of the “TIR plus two-way cold chain transportation” model, fruits and vegetables produced in China’s Shandong, Sichuan, Hunan, Guangdong and other regions can also be delivered to Belarus, Russia and other countries.

"We deliver these fruits and vegetables to St. Petersburg in a maximum of 6 days. For comparison, the transportation of these products by traditional road transport took about 15 days. This business model has attracted many Russian buyers and Chinese exporters of fruits and vegetables," the company noted.

According to experts, the continuous deepening of the interconnectedness of supply chains and production chains within the SCO not only promotes the integration development of the regional economy, but also helps to ensure the stability of the global supply chain. -0-

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Chinese city of Shangluo and Fergana establish sister city relations

Translation. Region: Russian Federal

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

BEIJING, July 21 (Xinhua) — Shangluo City in northwest China's Shaanxi Province and Fergana City, capital of Uzbekistan's Fergana Region, recently established sister city relations.

The protocol of intent to develop twinning relations was signed on July 14 during the visit of the trade and economic delegation of the city of Shangluo to Uzbekistan. Thus, the number of twin cities of Shangluo has increased to five, the newspaper “Shaanxi Ribao” /daily newspaper “Shaanxi”/ writes with reference to a source in the city’s commerce department.

The department stated that the establishment of sister city relations between the cities of Shanlo and Fergana will allow bilateral trade, economic, cultural and educational contacts and cooperation to reach a new level.

Shangluo City is located at the southern foot of the eastern Qinling Mountains and borders the provinces of Hubei and Henan. Its total area is 19.3 thousand square kilometers. The city includes one urban district and six counties, with a total population of 2.02 million.

The Shangluo City government will comprehensively expand openness, deepen exchanges and cooperation with partners, expand the international sister city network and promote high-quality development, the newspaper wrote. -0-

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Japan's PM vows to stay in office after election defeat

Translation. Region: Russian Federal

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

TOKYO, July 21 (Xinhua) — Japanese Prime Minister Shigeru Ishiba vowed on Monday to remain in office despite a major defeat in the House of Councillors (upper house) election where the ruling Liberal Democratic Party (LDP) and its coalition partner failed to secure a majority.

Speaking at a press conference, he acknowledged the poor election results and stressed that he felt a great responsibility. “The most important thing now is to avoid stagnation in national politics,” the prime minister said, promising to make efforts to fulfill the duties befitting a leading party.

His comments come amid growing public discontent over rising living costs and policy mistakes that analysts say contributed to the ruling coalition's election defeat.

In the current election, Japanese people voted for candidates for 125 of the 248 seats in the House of Councillors. After the final vote count ended Monday morning, the LDP had won only 39 seats, while its partner, the Komeito Party, had won eight. The coalition had planned to win 50 seats, but failed to do so.

Now the coalition's MPs have 122 seats in the upper house, which is less than the 125 needed for a majority.

Despite the failure, S. Ishiba stressed the need for stability and continuity in the government and officially announced his intention to continue as prime minister. –0–

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Russia to allocate about 180 billion rubles for construction and repair of state border checkpoints — Prime Minister

Translation. Region: Russian Federal

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

Vladivostok, July 21 (Xinhua) — About 180 billion rubles will be allocated in Russia within the current three-year budget for the construction, repair and technical re-equipment of checkpoints across the state border using advanced digital and technical solutions, Russian Prime Minister Mikhail Mishustin said on Monday.

According to TASS, during an inspection of the automobile checkpoint across the state border “Kani-Kurgan” in Blagoveshchensk, M. Mishustin said that, in general, a lot of work is being done throughout the country to develop cross-border logistics.

"In the next five years, we plan to modernize more than a quarter of all existing ones. These are priority points in terms of existing and prospective trade turnover. And in the Far Eastern District alone, such work is planned for more than 30 of them," the Prime Minister noted. –0–

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China's Fujian Province Activates Emergency Response Over Typhoon Flood Threat

Translation. Region: Russian Federal

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

FUZHOU, July 21 (Xinhua) — East China's Fujian Province issued a Level 4 emergency response at 8 a.m. Monday to address the flood threat posed by Typhoon Wipha, the provincial flood and drought relief headquarters said.

Under the influence of the outer circulation of Typhoon Wipha, the sixth this year, heavy rains and downpours have been lashing coastal areas of Fujian Province since Sunday.

According to meteorological services, heavy rains will continue in some areas of the province over the next three days.

The Provincial Flood and Drought Management Headquarters calls for heightened vigilance against severe weather. All districts and agencies must quickly adopt or make necessary adjustments to emergency response measures, with increased emphasis on monitoring, early warning, and joint consultation to assess risks.

It is necessary to carefully formulate and implement a large-scale strategy to mitigate the impact of heavy rainfall disasters and respond to secondary hazards such as flash floods in mountainous areas, floods in small and medium-sized rivers, geological disasters and urban flooding, the headquarters stressed.

On Sunday at around 8:15 p.m., Vipha made landfall for the second time as a strong tropical storm near Hailing Island in Yangjiang, Guangdong Province, southern China. Maximum sustained winds near its epicenter reached 25 meters per second.

China has a four-tier emergency response system, with tier one being the most serious. -0-

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Two killed, nine injured in Kunming road accident

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

KUNMING, July 21 (Xinhua) — Two people were killed and nine others were injured in a traffic accident in Kunming, capital of southwest China's Yunnan Province, on Sunday, the city's public security bureau said Monday.

The incident happened at 1:16 p.m. on Sunday on Jinbi Road in Xishan District, a thoroughfare in Kunming's main commercial area.

According to police, a 49-year-old local resident surnamed Li, who was driving a small blue SUV, collided with pedestrians and e-bikers who were following the rules while entering Jinbi Road. The driver then fled the scene, hitting and colliding with other road users.

The accident left two people dead, four people with minor injuries and five people with minor injuries. All victims were taken to hospitals for treatment and are reported to be in stable condition.

The driver has now been detained by the police. The results of the preliminary investigation have confirmed that the incident has been classified as a hit and run. According to the report, suspicions of drunk driving or driving under the influence of drugs have been ruled out.

Further investigation into the accident is underway. -0-

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The first meeting of the Board of Directors of PJSC NK Rosneft was held following the annual shareholders meeting

Translation. Region: Russian Federal

Source: Rosneft – An important disclaimer is at the bottom of this article.

Mohammed Bin Saleh Al-Sada was elected Chairman of the Board of Directors of PJSC NK Rosneft. The meeting also formed the composition and elected the chairmen of three standing committees of the Board of Directors.

Mohammed Bin Saleh Al-Sada was first elected as Chairman of the Board of Directors of Rosneft in June 2023. He has over 40 years of experience in the energy sector. Al-Sada is currently Chairman of the Board of Trustees of the University of Science and Technology (Doha, State of Qatar), a member of the Board of Trustees of the Abdullah bin Hamad Al-Attiyah International Fund for Energy and Sustainable Development, a member of the Advisory Committee of the Governing Body of the Gulf Cooperation Council, and Deputy Chairman of the Board of Directors of Nesma Infrastructure.

From 2007 to 2011, Al-Sada served as Minister of State for Energy and Industry of Qatar, and from 2011 to 2018, Minister of Energy and Industry of Qatar, and Chairman of the Board of Qatar Petroleum (now QatarEnergy).

Department of Information and AdvertisingPJSC NK RosneftJuly 21, 2025

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

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