SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                             ______________________

                                    FORM 6-K

                        REPORT of Foreign Private Issuer

                    Pursuant to Rule 13a-16 or 15d-16 of the
                         Securities Exchange Act of 1934

                              Date: March 04, 2003

                         Commission file number 1-14748

                           OPEN JOINT STOCK COMPANY OF
                         LONG DISTANCE AND INTERNATIONAL
                          TELECOMMUNICATIONS ROSTELECOM
                          Doing Business as Rostelecom
                 (Translation of registrant's name into English)

                             THE RUSSIAN FEDERATION
                         (Jurisdiction of organization)

                         14 1ST TVERSKAYA-YAMSKAYA STR.
                              125047 MOSCOW, RUSSIA
                    (Address of principal executive offices)

          Registrant's telephone number, international: +7 095 973 9940

     Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.

                        Form 20-F  X       Form 40-F
                                  ---                ---

     Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                               Yes          No  X
                                   ---         ---

     If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-________
<PAGE>

On March 4, 2003, Open Joint Stock Company of Long Distance and International
Telecommunications Rostelecom (the "Company") announced that Rostelecom and MGTS
reached the agreement between Rostelecom and Moscow local telecom provider -
MGTS on 2003 settlements. A copy of the press release announcing this
transaction is attached hereto as Exhibit 1.
<PAGE>

                                    SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


Date:    March 04, 2003                 By: [signed]    Vladimir I. Androsik
                                           -------------------------------------
                                           Name:  Vladimir I. Androsik
                                           Title:  Deputy General Director
                                                    Finance Director
<PAGE>

                                  EXHIBIT INDEX

The following exhibit has been disclosed as part of this Form 6-K:

Exhibit Number      Description

     1.             English translation of the press release announcing the
                    agreement reached between Rostelecom and Moscow local
                    telecom provider - MGTS on 2003 settlements.
<PAGE>

                                                                       Exhibit 1

PRESS RELEASE                                                         ROSTELECOM

Moscow,  March 3, 2003:  Agreement  reached between  Rostelecom and Moscow local
telecom provider - MGTS on 2003 settlements

On February 28,  Rostelecom  and MGTS  representatives  met in Moscow to discuss
interaction between the two companies. In the course of the meeting an agreement
was reached on financial relationship between Rostelecom and MGTS for 2003.

In  accordance  with the  agreement,  in 2003 the basic  amount of  Rostelecom's
payments to MGTS will remain at last year's level.

It is important to note that the new agreement is aimed at active stimulation of
outgoing and incoming traffic growth in Moscow:  for the first time Rostelecom's
payments to MGTS will be linked to the volumes of traffic  passed  through MGTS'
network.

As last year, the agreement  provides for an increased  proportion to be paid by
Rostelecom  to the Moscow  operator if revenues of  Rostelecom's  Moscow  branch
(MMT) exceed last year's amount.

The  agreement  reached with MGTS is aimed at  stabilizing  the situation in the
region and  strengthening  Rostelecom's  positions in the Moscow  market,  which
undoubtedly will have a positive impact on Moscow subscribers as well.

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For further details please contact

Anna Kareva
Head of IR
Tel.: + 7 095 973 9920
Fax:  + 7 095 787 2850
e-mail: kareva@hq.rt.ru
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