Our analysis of Putin’s speech at SPIEF including specific sections on the current global and Russian economic conditions, BRICS, Eurasian infrastructure development, sanctions, Russian development and the meaning of sovereignty. It is essential reading for all European and Eurasian development analysts.
Russia’s Sberbank has plans to open ten branches throughout India to service Russian and Indian clients looking to conduct business in their respective countries. Bilateral trade hit nearly US$70 billion in 2025 and the financial architecture to facilitate and increase this is now being put into place. Most of this trade is in rupees and rubles and avoids SWIFT.
One of India’s largest pharmaceutical companies, Hetero Labs, is investing in a pharma manufacturing plant at the Technopolis Special Economic Zone near Moscow. The company manufacture drugs to deal with treatments of hepatitis, cancer, and tuberculosis.
Russia’s own version of SpaceX – SpacePort – is looking at launching operations from the Primorsky region to launch commercial satellites and related equipment. This marks a major shift from state-run space infrastructure toward independent commercial spaceflight.
The Russian and Tanzanian Presidents have met in St.Petersburg. We provide a comprehensive analysis of what was discussed and the opportunities on both sides for trade development and investment.
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Iran is resuming normal trade flows with the Eurasian Economic Union and Russia despite the conflict with the United States. Iran’s problems with the US have been localised to the southern coast, however trade routes north to the Caspian are booming. There has been no “US invasion” to nationally disrupt Eurasain trade flows.
The UAE, despite its Iran/US war problems, is poised to enter into a Free Trade Agreement with the Eurasian Economic Union. The war has meant opportunities exist for Russian and EAEU corporates replacing European investors who have exited.
Russia’s exports of sunflower oil, a key ingredient in Indian cuisine, has risen by 43% in 4M 2026 and means that Russia now provides 50% of India’s domestic needs. This is an excellent example of mutual BRICS trade.
The St.Petersburg International Economic Forum (SPIEF) has just begun with President Putin set to make an important speech and participate in panel Q&A sessions. This years event includes an official United States delegation attending for the first time for a decade, while the Guest of Honor is the Kingdom of Saudi Arabia. China’s Vice President is also attending. We provide a download of the official programme of events and a breakdown of what to expect. To follow the event as it progresses, click ‘follow’ on our account.
The seizing by French and British military personal of a ‘Russian’ tanker in the North Atlantic raises important questions of international maritime law, the imposition of sanctions, diplomatic protocols and the overall intent. We look into this strange event that involves not just France and Russia, but also impacts European relations with Madagascar and Cameroon.
Russia and India are negotiating a potential agreement for India to manufacture the Ilyushin 114-300 turboprop and the SJ-100 superjet under licence from Russia, in India, using both Russian and Indian parts. It could involve up to 200 aircraft.
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