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Foreign Minister Continues Visit to North Korea

RUSSIA
  • Chinese President Xi Jinping reiterated that China supports Moscow’s efforts in safeguarding its national sovereignty, security and development interests, while seeking a breakthrough on a Sino-Russian gas pipeline, Bloomberg report. Deepening ties between China and Russia is not an expedient but a long-term solution, Xi told his counterpart Putin during a meeting Wednesday according to a statement from the Chinese government.
  • Moscow-Pyongyang contacts at various levels, including the top and high levels, will continue, Interfax report Russian Foreign Minister Lavrov as saying in Pyongyang Thursday.
  • The government has taken another step towards launching a program to attract long money from citizens, Kommersant report. They write that a bill has been submitted to the State Duma to expand the mechanism of tax deductions from income tax for voluntary pension and long-term savings of citizens.
  • Prime Minister Mishustin will speak at an exporters’ event today while Foreign Minister Lavrov continues his visit to North Korea. The Bank of Russia will report weekly changes in its gold and FX reserves at 1400BST/1600 local time.
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