A strong distribution network has helped drive exports up despite trade restrictions Italian wines have maintained a strong position in the Russian market thanks to the expertise of Russian distributors, the president of the Italian-Russian Chamber of Commerce has said.

Economic relations between the two countries have been on upward curve, according to Dmitry Dogadkin Moscow has proposed to Doha a switch to the use of national currencies in trade settlements, Russian Ambassador to Qatar Dmitry Dogadkin has said, adding that the sides are already working on the idea.

According to the country’s settlement depository, Moscow fulfilled its obligations on Friday Russia’s Finance Ministry announced on Friday it has settled two issues of dollar-denominated Eurobonds “in full” by sending 17 billion rubles ($221.1 million) in coupon payments to the National Settlement Depository (NSD).