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Blinken & Lavrov Hold Talks at Arctic Council Meeting

RUSSIA

LOCAL NEWS

  • Blinken to discuss Nord Stream 2 issues with Lavrov and create a more stable, predictable relationship in their bilateral discussions on the sidelines of this week's Arctic Council Ministerial meeting (May-16-20).
    • On NS2, Blinken said the US doers not seek to escalate but has been clear that it believes the pipeline to be a strategic project that undermines EU security
  • Govt and CBR approve roadmap to reconfigure the financial market to boost investment (may be the growth plan mentioned last week).
    • Authorities aim to create new financing tools and adjust investment regimes to attract a wider pool of investors.
    • More than 30 activities/adjustments are planned until 2024. Measures expected to provide RUB 10tn rubles annually to investors
  • European Council Head Michel says Russia's list of unfriendly states undermines diplomatic ties, calling on Russia to respect the Vienna Convention. Says it remains in full solidarity with the Czech Republic
  • Black Sea Fleet starts monitoring British patrol ship (HMS Trent Patrol) which entered the Black Sea on 16 May
  • Moscow court discusses case over labelling Alexey Navalny's Anti-Corruption Foundation an extremist organization today
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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