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The relationship between business and the...

The relationship between business and the infrastructure are not easy in Russia as evidenced by a fact made public at a recent forum on infrastructure projects.


MOSCOW, March 10 (RIA Novosti) - The development...

MOSCOW, March 10 (RIA Novosti) - The development of offshore software programming has become a state priority task in Russia. Participants in the Russian IT market believe that the implementation of measures written into the Conception of the IT Market"s Development in the Russian Federation, that was adopted recently, can make Russia the world"s second country on the IT outsourcing market after India and allow it to outpace China. This information was presented in the Supplement to the Kommersant newspaper. At present, India is the indisputable leader on the IT outsourcing market. It accounts for nearly 40% of this market and accumulates over $11 bln in foreign investments. China is slightly ahead of Russia in terms of turnover on the offshore programming market: last year, this segment of the Chinese market amounted to about $1 bln, whereas the turnover of the Russian offshore programming market should reach $994 mln by the end of this year (by the data of the RUSSOFT Association). In the opinion of Nil Vereshchagin, commercial director of the Russian LUXOFT company, "at present, Russia is trying to take a worthy place in the world industry of ordered programming. High skills of Russian specialists and a developed infrastructure in big Russian cities are the main reasons why Western clients choose our companies." According to RUSSOFT"s forecasts, if the Conception"s provisions are fully implemented, in five to six years the Russian export market of IT services will increase to $10 bln, of which offshore software programming will account for more than a third.


MOSCOW, September 7 (RIA Novosti) - The...

MOSCOW, September 7 (RIA Novosti) - The Council of Europe"s commissioner for human rights, who arrived with an official visit to Russia last week, is heading on Monday to Russia"s North Caucasus republics of Chechnya and Ingushetia.

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Ukraine may renew calls for a multi-billion-dollar...

Ukraine asked Russia last year to consider granting it a $5 billion loan to cover its budget deficit. But Moscow rejected the request mainly because of its hostility to the then pro-Western President Viktor Yushchenko.

On February 25, Yushchenko handed over to new President Viktor Yanukovych, who is widely seen as having more "pro-Russian" policies. Yanukovych has already installed his ally, Mykola Azarov, as premier, and the new Ukrainian government is also expected to seek better ties with Russia.

The Kommersant daily said that Kiev expected Moscow to actively participate in bailing out the Ukrainian economy, badly hit by the global economic crisis, and was planning to negotiate with Russia lower gas prices and the allocation of "substantial" financial aid in the form of a loan or large investments.

A Ukrainian Foreign ministry source told Kommersant that the country could need some $3 billion.

A Russian Foreign ministry source said the issue of financial

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