Category: Russian to English

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Almost 10 thousand containers passed through Georgia via the Middle Corridor in the first half of the year

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

Tbilisi, July 25 (Xinhua) — Cargo transit through Georgia's transport corridor continues to grow steadily. According to the country's Economy Ministry, in January-June 2025, the volume of container transportation along the Middle Corridor between China and Europe via Georgia amounted to 9,849 TEU (twenty-foot container equivalent unit), which is 173 percent higher than the same period last year (3,608 TEU).

Significant growth was also recorded on the Baku-Tbilisi-Kars railway line. In the first six months of 2025, 9,393 containers were transported on this route, which is approximately 59 times more than in the same period of 2024.

The cargo turnover of Georgian sea ports also shows growth. The ports of Batumi and Poti processed 7 million tons of cargo in 6 months, which is 5.9 percent more than a year earlier. The volume of container transshipment reached 375,654 TEU, which is 19.5 percent more than the same period last year.

Air cargo transportation figures are also growing rapidly. In January-June 2025, 16.5 thousand tons of cargo passed through the country's international airports, which is 57.6 percent more than a year earlier /10.5 thousand tons/.

The Ministry of Economy notes that the positive dynamics of cargo flows indicate an increase in Georgia’s role as a transit hub in the region. –0–

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Georgia launches program to restore population of red deer listed in Red Book

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

Tbilisi, July 25 (Xinhua) — Georgia has launched a state program to restore the population of red deer (Cervus elaphus maral), a rare species listed in the Red Book, the country's Ministry of Environmental Protection and Agriculture said on Friday.

The programme is being implemented at the initiative of the National Wildlife Agency as part of the National Species Recovery Plan.

As part of the program, a specialized farm for breeding red deer, covering an area of 60 hectares, was opened in the Algeti National Park /Kvemo Kartli region/.

The facility is equipped with modern monitoring systems, including camera traps and collars with satellite communication channels.

The opening ceremony of the farm was attended by the Chairman of the Parliament of Georgia Shalva Papuashvili and the Minister of Environmental Protection and Agriculture David Songulashvili.

According to D. Songulashvili, the restoration of the red deer population is a “historic step” in the protection of biodiversity.

He stressed that the long-term goal of the project is to form viable and sustainable populations throughout the country. “Our duty is to preserve for future generations the natural wealth that has formed Georgia’s unique ecosystem for centuries,” the minister noted.

As part of the event, seven deer bred in the Tbilisi Zoo were released into the protected area of the Algeti National Park. At the first stage, their number will increase to 15, after which the animals will be gradually released into the wild.

The choice of the Algeti Park is explained by its geographical location in the central part of the Caucasus, as well as favorable natural and ecological conditions. Since the restoration of Georgia's independence, this is the first large-scale project to revive the population of the Caucasian red deer. –0–

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Dmitry Grigorenko: The government has simplified the procedure for issuing permits for businesses

Translation. Region: Russian Federal

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

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The simplified format for issuing licenses and permits in Russia is enshrined in amendments to 69 federal laws. Today, they were approved by the Federation Council. The project lasted four years. During this time, the terms for issuing permits were shortened and the number of required documents was reduced, papers were transferred to electronic form and to a registry model. The project was implemented under the supervision of Deputy Prime Minister – Head of the Government Staff Dmitry Grigorenko.

The work was carried out as part of an experiment and included more than 400 government services, all of which became available on the government services portal. In 2024 alone, about 9.5 million applications for various types of permits were received. Without a positive decision on these applications, it is illegal to carry out permitting activities.

The adoption of the law allows us to consolidate the results of the optimization of the permitting process. Thus, thanks to the project, the time for issuing permits has been halved (from 43 to 19 days on average) and the number of documents from applicants (from 8 to 4 documents). Some types of permitting activities have been transferred to a registry model. This has made it possible to abandon paper permits in favor of entries in electronic registers, in which case it is no longer necessary to obtain and store a document on a form.

"The government is creating conditions for comfortable business in Russia. Optimizing the process of obtaining permits is an important part of this work. We have digitalized the entire procedure: from collecting documents and submitting an application to issuing the permit itself. Entrepreneurs no longer need to duplicate information – government agencies receive it through interdepartmental data exchange. This approach has made it possible to halve the number of requested documents and the time it takes to obtain permits. That is, the procedure is simplified through digital tools without reducing the overall level of security," commented Deputy Prime Minister and Head of the Government Staff Dmitry Grigorenko.

The law establishes the possibility of obtaining comprehensive permits in electronic form. This format has been available on the public services portal since June of this year. In particular, the comprehensive services "Opening a Pharmacy" and "Certification of Forest Management Specialists" were launched. The user only needs to submit one application to receive a number of permits at once, which are necessary for carrying out a particular entrepreneurial activity.

The public services portal also implements six services that provide proactive provision of permits from Rosrybolovstvo, FMBA, Rostransnadzor and Rosmorrechflot. Thus, portal users receive a notification about the need to extend permits. At the same time, the application for registration of such documents is pre-filled automatically taking into account up-to-date information from other state systems. Proactive provision of services for issuing permits is also enshrined in law.

Amendments to 69 federal laws were prepared by the Ministry of Economic Development, adopted by the State Duma and supported by the Federation Council.

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Financial news: Registration for Finopolis-2025 is open.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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The Finopolis Forum of Innovative Financial Technologies is 10 years old. This year it will be held from October 8 to 10 at the Sirius federal territory. You can register atwebsite.

The forum will be attended by the management of the Bank of Russia, representatives of relevant ministries and departments, leading financial and digital fintech companies, as well as opinion leaders in the field of technology. They will discuss trends and vectors of development of financial technologies in various segments of the financial market.

According to established tradition, an exhibition will open for forum guests, where the latest achievements in the field of innovation will be presented.

Preview photo: Elizaveta Ageenko / Bold Friday Studio

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Financial news: Bank of Russia to supervise installment service operators

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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Laws The State Duma adopted a resolution on requirements for installment service operators and contracts with them.

Now sellers and installment service operators (intermediaries between the seller and the buyer) will not be able to disguise interest on deferred payments by setting different prices for goods in installments and for cash. The amount of fines that installment service operators can collect from users is also limited.

In addition, if the citizen’s installment obligations exceed 50 thousand rubles, the service operator will be obliged transfer this information to the credit bureau. This will help banks and microfinance organizations assess the level of a person's debt burden when applying for a loan or credit. Thus, citizens will be better protected from debt overload and default risks.

Legislators also gradually limited the maximum period of interest-free installments: from April 1, 2026 – 6 months, from April 1, 2028 – 4 months.

The changes will come into force on April 1, 2026.

Preview photo: Reshetnikov_art / Shutterstock / Fotodom

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Financial News: Partner Financing Experiment Extended Until September 2028

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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Law, which extends the experiment in partnership financing, also provides for the improvement of its mechanisms. The law was adopted by the State Duma and approved by the Federation Council.

The experiment will be carried out from September 1, 2023, on the territory of Bashkortostan, Dagestan, Tatarstan and the Chechen Republic. It was initially announced for two years.

The law expands the list of partnership financing operations, including opening accounts by banks that have the appropriate license. The list of operations also includes mutual insurance.

A special committee will be created to approve standards for partner funding. Companies should indicate in their advertising that they are participants in the experiment.

In addition, the list of grounds for refusing to include organizations in the register of experiment participants is being expanded, as well as the list of grounds for exclusion from it. This will reduce the risks of unscrupulous companies participating in the experiment.

The purpose of the law is to create a more correct and uniform provision of partnership financing services, to increase the transparency and attractiveness of the experiment, including for foreign investors.

Preview photo: Ele Sviridova / Shutterstock / Fotodom

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Financial news: The Russian market has launched an index of benchmark stock issuers

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

"Companies from the financial and non-financial sectors were among the applicants for inclusion in the Program," notes Ekaterina Abasheeva, Director of the Bank of Russia's Corporate Relations Department. "Following the review of applications, several issuers demonstrating the necessary institutional quality were selected. We hope that they will grow into a new generation of blue chips — companies that adhere to high standards of corporate governance and are interested in increasing their investment attractiveness. Together with the Moscow Exchange, we will continue to work on forming a pool of high-quality issuers participating in the Program."

The decision to include shares in the index is made by a committee, which includes representatives of the Bank of Russia, Moscow Exchange, and the Analytical Credit Rating Agency. The committee evaluates corporate governance, the level of information transparency of the issuer, and its financial and economic indicators. The status of a participant in the Program must be confirmed at least once a year. Issuers whose shares are included in the first or second level of the Moscow Exchange listing can participate in it.

Preview photo: Igor Paszkiewicz / Shutterstock / Fotodom

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Financial news: On July 25 at 15:00 a press conference will be held on the results of the meeting of the Board of Directors on monetary policy

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

The event will be attended by the Chairman of the Bank of Russia Elvira Nabiullina and the Deputy Chairman of the Bank of Russia Alexey Zabotkin.

Elvira Nabiullina will make a statement on monetary policy and medium-term forecast.

The press conference will be held at the Bank of Russia press center. The broadcast of the speech will be available on our website, channel inTelegram, as well as on the official page in"VKontakte".

Accreditation for journalists is open until 17:00 on July 23 at the address Media@kbr.ru.

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Tatyana Golikova held a meeting of the Russian Tripartite Commission for the Regulation of Social and Labor Relations

Translation. Region: Russian Federal

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

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Deputy Prime Minister Tatyana Golikova held the next meeting of the Russian Tripartite Commission for the Regulation of Social and Labor Relations.

The meeting considered and supported by the parties the draft federal law "On Amendments to the Labor Code of the Russian Federation", developed on the instructions of the President of Russia Vladimir Putin with the aim of improving the provisions governing the apprenticeship contract. Thus, it was proposed to supplement Chapter 32 of the Labor Code with provisions specifying the status of apprenticeship contracts, the obligations of the parties, as well as the types of programs mastered during the apprenticeship period. In addition, it was proposed to include individual entrepreneurs in the circle of persons who are allowed to conclude apprenticeship contracts. For the apprentice, the bill provides for guarantees of employment, as well as the payment of a scholarship at the expense of the employer for the entire period of training. The employer, in turn, will be able to return the funds spent on training in cases where the apprentice has not fulfilled the obligations specified in the contract. In addition, the bill provides for a mechanism for co-financing the costs of employers at the expense of the budgets of the constituent entities of the Russian Federation. It is expected that the expansion of the practice of using apprenticeship contracts will become an effective mechanism for training qualified personnel, which will help solve the problem of staffing, and will also become a social lift for workers, as it will open up prospects for successful employment, career growth and increased wages.

The commission members also discussed and supported the draft federal law "On Amending Article 1 of the Federal Law "On the Minimum Wage", according to which, from January 1, 2026, the minimum wage will increase by 20.7% and will amount to 27,093 rubles. The adoption of the bill will lead to an increase in wages for about 4.6 million workers.

In addition, the members of the RTC were presented with reports on the activities of two regional tripartite commissions for the regulation of social and labor relations – the Leningrad Region and the Republic of Dagestan.

Other issues were also considered at the meeting. Among them:

draft federal laws "On Amendments to Certain Legislative Acts of the Russian Federation (in terms of optimizing the mechanism for the implementation by certain categories of citizens of the rights to receive social protection measures (support), state social assistance provided at the expense of the constituent entities of the Russian Federation, as well as improving the activities of the Pension and Social Insurance Fund of the Russian Federation)" and "On Amendments to Article 138⁶ of the Budget Code of the Russian Federation";

draft federal law “On the expected period of payment of funded pensions for 2026”;

draft federal law “On Amendments to Article 69 of the Federal Law “On the Fundamentals of Health Protection of Citizens in the Russian Federation” and the Federal Law “On Education in the Russian Federation”;

draft resolution of the Government of the Russian Federation "On Amendments to the Resolution of the Government of the Russian Federation of March 30, 2022 No. 511";

draft resolution of the Government of the Russian Federation "On the transfer of days off in 2026".

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: How to Inform Investors About Complex Financial Products

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

Information about such products should be placed in special sections of websites and mobile applications. It will be available to the user after he confirms the status of a qualified investor and becomes familiar with the risks of these instruments.

The recommendations are aimed at reducing the likelihood of unqualified investors being forced to buy complex financial instruments that could result in losses.

Let us recall that, according to the law, financial market participants are prohibited from offering a number of complex financial products to unqualified investors.

Preview photo: Sacred Spark Art / Shutterstock / Fotodom

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.