Russia’s key task is to move toward a sustainable economic development model, Deputy Prime Minister Alexander Novak said. He said the structural transformation plan targets changes in investment, the labor market, income and consumption, technological development, foreign trade and economic formalization.

Russia economystructural transformationsustainable development

President Vladimir Putin said boosting investment is the primary condition for Russia’s economic growth, describing 2026 GDP growth as about 1% and overall economic dynamics as modest but positive. He called for restoring logistics and warehouse capacity damaged by attacks, implementing structural economic changes, and expanding modern technology across social services.

Russia economyVladimir Putininvestmentstructural change

Russian President Vladimir Putin described the country’s economic dynamics as modest but positive, citing GDP growth of about 1%. He said external pressure and terrorist attacks on industrial and infrastructure facilities are affecting growth, and proposed discussing ways to raise economic growth rates.

Russia economyeconomic growthVladimir Putin

Myanmar President Min Aung Hlaing invited Russian investors to cooperate with his country, citing its strategic location, nearby markets, resources, climate and coastline. After talks with Vladimir Putin, he said the countries discussed defense, security, tourism, agriculture, healthcare and inter-parliamentary ties.

MyanmarRussiainvestmentbilateral relations

Russian President Vladimir Putin said interest among Myanmar citizens in learning Russian is growing. The language is taught at universities in Yangon and Mandalay and at the Armed Forces Academy, while participation by Myanmar schools and universities in the Russian Teacher Abroad program is under consideration.

RussiaMyanmarRussian languagebilateral relations

Russian President Vladimir Putin said he expects Min Aung Hlaing’s official visit to Russia to produce positive results and advance bilateral relations. The Myanmar leader is scheduled to hold several meetings and visit the Republic of Tuva, described by Putin as one of Russia’s centers of Buddhism.

Russia-Myanmar relationsVladimir PutinMin Aung Hlaingdiplomatic visit

Following talks with Myanmar leader Min Aung Hlaing, Vladimir Putin said Russia and Myanmar are linked by strong, time-tested ties of friendship, partnership and mutual support. He cited cooperation based on equality, mutual benefit and respect, along with active official dialogue and developing joint projects.

RussiaMyanmarVladimir Putinbilateral relations

Prime Minister Mikhail Mishustin said Russia and Myanmar have strong prospects for expanding bilateral trade, economic and investment ties. Moscow proposes closer high-tech cooperation, including sharing developments in the digital economy, autonomous electronic systems and artificial intelligence applications.

RussiaMyanmarbilateral cooperationhigh tech

Myanmar President Min Aung Hlaing said after talks with Vladimir Putin that bilateral ties with Russia are developing actively. He said the two sides are working toward new agreements to deepen cooperation and that Myanmar is ready to strengthen the relationship further.

MyanmarRussiabilateral relationsVladimir Putin

Foreign holdings of U.S. Treasuries declined in June, with Japan, the United Kingdom and China recording the largest decreases, according to Treasury Department data.

US Treasuriesforeign holdingsJapanUnited KingdomChina

The MOEX Index fell below 2,100 points during Monday morning trading for the first time since July 24. By 8:25 a.m. Moscow time, it had declined 2.14% to 2,090.68 points.

MOEX IndexRussian stocksmorning trading