0 Russia and Oil

Russia and Oil

Posted on August 11, 2006 by team


The development of the Russian economy depends a lot on oil export as the Ministry of Economic Development reports.Oil and Russia news
The main reason for the chief macroeconomic rates growth during 2006 is rise of the world prices on oil, they say.
The Ministry accepts the idea that growth in ammount of energy resources on export will remain one of the leading priorities for the Ministry in 2007-2009. The goal that Vladimir Putin has put before- to raise export of high technology processed products- can not be reached.

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