Support The Moscow Times!

Dvorkovich Urges Solution

NEW YORK — "Russia's investment climate is so bad now that it won't have an effect," President Dmitry Medvedev's economic adviser Arkady Dvorkovich said Tuesday of the dispute between BP and its partners in TNK-BP over the British explorer's planned share swap and Arctic project with Rosneft.

"Find a mutually acceptable solution," he said, when asked what advice the Kremlin has for the companies. BP's local billionaire partners have blocked the deal with a temporary injunction, saying it was in violation of their shareholders agreement.


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.