They discussed Sberbank service improvements—in particular, a programme to simplify and speed up private lending.

The meeting focused on investment, trade, services, and housing in the Kurgan Region.

The Commission recommended the Government to permanently extend the validity of import duty rates on certain types of chemical materials used in tanning and shoe industry, inclusive.

Speaking after the signing ceremony, Mr Sechin said that the agreement creates a new foundation for bilateral energy cooperation.

“Our civil societies should take an active part in elaborating constrictive initiatives and proposals that would help preserve the dynamics of our bilateral relations in the new economic reality,” Mr Zubkov noted.

"We are happy that relations between our primary companies in this sphere are developing. Ties that develop in all spheres at the level of production will complement the efforts undertaken at the top level. Relations between our leading companies – Rosatom and Siemens – have reached a strategic level."

The two discussed the economic situation in the mass media market.

The two discussed the situation in the Republic of Udmurtia—in particular, its labour market, repair works on decrepit houses, new accommodation for their tenants, and production at IzhAvto Auto Works.