Russian Helicopters Holding Company (a part of Rostec State Corporation) organized the conference of potential suppliers of components for Ka-226T helicopter made in India. The event took place within the scope of Aero India Show 2019 with more than 30 Indian industrial enterprises as participants.  Identifying the chain of local suppliers is a part of the project of setting up the production of Ka-226T helicopter in India. Russian Helicopters signed the Memorandums of understanding with Elcom, Valdel Advanced Technologies, Dynamatic Technologies, Integrated Helicopter Services and Bharat Forge. They are willing to supply blades, radiostations, landing gear and the elements of fuselage.

SCO : leaders of Russia, China and India, along with those of Central Asian States may have found that an otherwise low-profile organisation has been catapulted into the front lines all of a sudden. The Shanghai Cooperation Organisation (SCO) 19th summit is in the Kyrgyzstan capital, Bishkek on 13-14 June, 2019. Let us tell you that the SCO is the intergovernmental permanent organisation created in 1996. A lot more to read about SCO 2019 summit, its agenda and why its membership is crucial for Russia and India. Moscow is very involved in the success of such a rapprochement. SCO was dismissed as a non-starter for years, given its rather expansive mandate and the wariness between its major members Russia and China. For the Kremin authorities, there was also major interest when the SCO expanded to include India in June 2017. At the time, in India, there were many who thought that New Delhi had everything to gain by trying to join a Russian influence zone. President Vladimir Putin takes a second advantage from such a summit by reaffirming its central position. Indeed, the level of development of bilateral and multilateral relationship suggests that in the near future there will definitely be a breakthrough which will allow the SCO countries to realize potential transit opportunities between Asia and Europe.

SCO - UE : the high-level special event on the cooperation between the UN and the SCO was held in the ECOSOC Chamber at the UN Headquarters in New York. Kyrgyzstan chaired it . It brought together more than 100 representatives of the SCO family, as well as of interested UN member states and international organisations.

Mi-171A2 and Ansat helicopters, manufactured by the Russian Helicopters holding company (part of State Corporation Rostec), completed a demonstration tour of the countries of Southeast Asia. Attendees of Airshow China in Zhuhai, China, as well as potential customers from Vietnam, Cambodia, Thailand and Malaysia, familiarized themselves with the capabilities of both aircraft. Full-scale demonstrations in these countries of the latest civil technology made it possible to reach specific agreements and create an extensive portfolio of orders for them. 

GRU : on November 22 news emerged that Igor Korobov, head of the Main Directorate of the General Staff (the military intelligence service more commonly known as the GRU), had passed away after a prolonged illness. First deputy vice admiral Igor Kostyukov was appointed acting head of the service. Russian media, even referring to their own sources unanimously assert that Kostyukov will eventually become Korobov’s official successor. What awaits Russia’s foreign intelligence service after Korobov’s death, and what should be known about its new director?Let’s start with a few important points. Firstly the GRU, much like any other secret service, is a conservative organisation which takes a dim view of any attempts at reform or significant reshuffles of personnel. Consequently, Korobov’s successor is a subordinate deemed close to his former boss, and one with a deep knowledge of military intelligence. Kostyukov served as deputy head of the GRU until the very last moment, and also stood in for Korobov when his illness got worse. Kostyukov also supervised the GRU’s activities in Syria, an issue so important to Vladimir Putin that dealing with it suggests regular contact with the Russian president. In 2017 he was awarded the Hero of Russia medal. As such the main goal of the Russian authorities here appears to be guaranteeing the continuity and stability of the GRU’s work.


Russia's Economy to slow in 2019 : Dmitri Medvedev government's long-suffering economy will suffer some more this year, mainly on account of debilitating oil production cuts. A second GDP estimate confirmed that the economy ran out of steam in the first quarter, amid a broad-based deceleration. Wholesaleand retail trade contracted at the first steps in the year's VAT hike dented consumer demand, while a lackluster outturn in the manufacturing and constructions sectors further derailed growth. Key risks to medium-term growth include the expansion of economic sanctions, renewed financial turmoil in EMDEs, a dramatic drop in oil prices, and souring of the global trade environment. The recent double-digit expansion in household credit may also pose a risk to financial stability in the case of a deterioration in the macroeconomic environment. Since these previous analyzes everything has changed. Moscow decide a new deal in june. Despite Western sanctions, President Vladimir Putin of Russia and Government officials promoted the equivalent of 400 billion dollars economic stimulus plan at the beginning of the second semester. The stage is set. Russia would rank as the world’s fifth largest economy as early as next year, outrunning Germany and the UK. The World Bank last week expected in its economic outlook an upturn in the growth rate of Russia’s gross domestic product (GDP) to 2% in 2020 and 2021. Russian economy grew at a 1.5% pace last year, running relatively low and stable inflation and increased oil production despite the tightened economic sanctions in place for years. The International Monetary Fund (IMF) also raised its projection for Russia’s GDP growth this year above 1,8%. The lights will go green. Moreover, China is likely to supersede the US as the world’s biggest economy in the year ahead, when measured by a combination of purchasing-power-parity (PPP) exchange rates and nominal GDP, the multinational lender said in a report outlining long-term growth projections of the global economy by 2030. China would be followed by the US, India, Japan and Russia in the top five economies. But, this is only the beginning. By 2020, Russia has declared a priority interest in developing a strong economic relationship with the Asia Region. There has been considerable internal debate over the best strategic approach to such a relationship. While a policy victory has been won by a strategy focusing on the export into the continental Asia of manufactured goods and services, a resource-export strategy is still dominant in practice and funding. The Kremlin will continue to do just enough to maintain its role in regional politics through organizations's system such as APEC and ASEAN. The target is obvious. Asian economies are set to expand significantly in the coming decade, accounting for seven of the world's top ten economies by 2030. The chess game can start. Vladimir Putin is back.




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