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Moscow, Russia News About Moscow, Russia Moscow is the economic, political and scientific centre of Russia. Its economy is based on an industrial and scientific potential. There are many large enterprises of ferrous and nonferrous metallurgy, machinery, metalworking, production of building materials, light industry, food processing, defense industry, etc. The biggest machine and aircraft building plants, car factories, textile manufactures and enterprises of town development are situated in Moscow. Moscow accounts for 1/3 of the country’s total budget, yet occupying less than 1% of its territory. The city is responsible for 30% of the country’s retail trade and 15% of the GDP. In 2005, the volume of foreign investment in Moscow reached an impressive total of $25.2 billion, which is 47% of the aggregate foreign investment in Russia. Moscow is the largest transport hub of Russia and Eastern Europe. Eleven railway lines link the capital to all the regions of Russia, as well as to foreign countries. There are three big river ports in Moscow (the Western, Northern and Southern ones). Moscow, being connected to large Russian cities and foreign countries by 13 highways, is the main centre of road transport. Moscow is the main hub of air transport of the country. There are four airports in Moscow (Sheremetievo, Domodedovo, Vnukovo and Bykovo). The Moscow’s underground is the oldest in Russia and the most extended one. In 2004 it has had 165 stations. Other Major Cities:
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