- Russia will proceed with its accession to the World Trade Organization only on terms that are acceptable to it
- The growth of Russian investments abroad proves that the country is integrating into the world economy
- In less than three years Russia will have 100% of its electric energy - except for home use - sold on market terms
- The natural gas price will be calculated the same way for Russian and foreign consumers
* President Putin told his Georgian counterpart Mikheil Saakashvili that restrictions on trade and transport would depend on progress in bilateral relations
* Russian First Deputy Prime Minister Sergei Ivanov said:
- Russia is expected to become one of the five largest economies in terms of GDP by 2020
- Russia's civilian aircraft industry could become the world's third largest, with 10% of the global market by 2020
- the joint U.S.-Russian use of a radar in Azerbaijan would be the most effective way of controlling any missile launches from a southerly direction
* Russian Foreign Minister Sergei Lavrov said:
- Russia, U.S. should freeze talks on missile defense elements in Central Europe until Russia's proposal on the use of the Gabala radar in Azerbaijan is considered
- Russia and the U.S. will discuss Moscow's radar proposal at a summit in early July
- U.S. plans to deploy a missile shield in Europe would undermine UN efforts to resolve Iran's nuclear problem
* Russian Deputy Prime Minister Alexander Zhukov pledged that the government would manage to keep inflation at no more than 8% in 2007 without extra measures to prevent price increases
* Russian and American business might set up a working group to support Russia's bid to join the World Trade Organization in 2007
* Anatoly Chubais, head of Russian electricity monopoly Unified Energy System, said he was opposed to complete foreign ownership of the country's electric power sector
* The Atlantis space shuttle completed a successful lift off from Kennedy space center on an 11-day mission to the International Space Station, its first since December
* Serbia's prime minister said that granting Kosovo independence would set a precedent in violating international law
* At least 49 people are dead and 27 missing after a disastrous storm swept across the coast of Oman and the United Arab Emirates (UAE), a local newspaper said
* Allegations made by Georgia's breakaway republic of South Ossetia that Georgia plotted the abduction or assassination of the South Ossetian president are absurd, a Georgian Interior Ministry official said
* Russia's budget posted an estimated surplus of 770.7 billion rubles (about $30 billion) in the first five months of 2007, the Finance Ministry said
* U.S. corporation Boeing and Russia's Aeroflot signed a deal to supply the Russian carrier with 22 Boeing -787 Dreamliner aircraft
* Russia's electricity monopoly Unified Energy System and India's Sun Group will sign an agreement to build several hydroelectric power plants in India and Nepal, the head of UES said
* Russia's largest hydroelectric company HydroOGK and India's Sun Group signed a memorandum of cooperation to build hydro power plants in India and Nepal, Russia's Economic Development and Trade Minister German Gref said
* Russia's St. Andrew Foundation brought the head of St. Luke, an Apostle and the writer of the third Gospel, to Moscow's Christ the Savior Cathedral, where the leader of the Russian Orthodox Church, Alexy II, 50 bishops, hundreds of priests and thousands of ordinary believers were on hand to receive it
