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Reuters: Saudi Arabia may raise oil output

Rivalry between Saudis and Iran may crumb the OPEC deal in the end of November.

Russia: Tourism industry can be reorganized

Minister of Cultured promised to prepare the following bill in two weeks.

08.Aug.14 3:24 PM
By Mihail Prygunov


Russia: Tourism industry can be reorganized
Minister of Culture Vladimir Medinsky has taken part in press conference recently. He said that he would prepare a bill regarding reorganizing of tourism industry in two weeks. He has also noted that existing problems in this field are not connected with US and European sanctions. The main reason for decrease is the fact that operation of major tourist agencies is based in pyramids. In other words they benefit from future sales.

A special group of professionals will be formed. They will deal with reorganizing of tourist field. This group is initiated by the Ministry of Culture, Rosturism, Ministry of Transport, Ministry of Economic development, Central Bank and other institutions.

The necessity in reorganizing of tourist field appeared after large number of tourist operators got bankrupt. 6 companies have been forced to leave the market as they were not able to fit all necessary requirements of their customers.

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