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First Video Added to Moscow Times Web Site

The video, a 3 1/2-minute interview with Rose Gottemoeller, director of the Carnegie Moscow Center, examines the informal summit between Presidents Vladimir Putin and George W. Bush in Sochi on April 6. The video can be found on The Moscow Times' homepage, www.themoscowtimes.com.

Testimonials

"Salans opened its Moscow office the same year as The Moscow Times was first published. For the foreign community, the existence of an independent English language newspaper was one of very few keys to understanding the business, political and cultural life of the country, and to follow the radical changes Russia was going through. Over the years, the newspaper has continued to develop its reputation as a highly regarded source of information, and a forum for different points of views, on the affairs of Russia and its neighbors."

-Mathieu Fabre-Magnan, Managing Partner
Salans Moscow Office

Market Matters : Oil Tax Pledge Buoys Markets
Markets surged after the swearing-in of Dmitry Medvedev as president in a pomp-filled ceremony Wednesday and a tax-cutting speech by Vladimir Putin the day after, when he was approved as prime minister.

Russia Investment Roadshow : Scenes From Last Year's Forum



Monday, May 12, 2008 Updated at 12 May 2008 1:11 Moscow Time

The Moscow Times » Issue 3897 » Business

Raw Sugar Import Tariff to Fall in June

07 May 2008ReutersThe import tariff on raw cane sugar will fall to $140 per ton in June after the expiry of a $220 per ton seasonal tariff, the Economic Development and Trade Ministry said Tuesday.

The seasonal tariff, in force from Dec. 1 to the end of May, was set to protect domestic producers from excessive shipments.

The country refines about 45 percent of the white sugar it consumes from imported raw sugar and most of the rest from domestic beet.

The country refined 2.85 million tons of sugar from imported raw sugar in 2007, up from 2.62 million in 2006.

It refined 3.13 million tons of sugar from the 2007 domestic beet crop, which was down from 3.27 million a year ago.

Raw sugar refining from imported raws fell by 55 percent to 618,900 tons from the start of the 2008 to April 30 because of the high tariff.