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Foreign investment in the Russian economy in the first nine months of the year fell 27.8% year-on-year to $54.738 billion, the state statistics service said on Friday.


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The Caesar Kunikov large amphibious landing...

Blackseafor was formally established in 2001 on Turkey"s initiative and comprises Turkey, Bulgaria, Ukraine, Romania, Georgia and Russia. It conducts search and rescue operations and environmental monitoring, and organizes goodwill visits to Black Sea countries.

Its charter says Blackseafor can also be deployed for peacekeeping operations under a UN or OSCE mandate.

This year"s drills will be conducted under the command of the Bulgarian Navy.

The Blackseafor warships will practice tactical maneuvers, the conduct of combat operations against surface ships, air defense and communications, the press office said.

The warships will also practice assisting distressed ships, naval isolation, ship inspection and provision replenishing at sea. Special attention will be paid to anti-terror exercises.

Georgian warships have not participated in the Blackseafor exercises for a number of years.

Russia has said it will not take part in any naval exercises

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