A new logistics line for commercial transportation, dubbed the “Thai Express” will connect Russia’s Novorossiysk Port to Bangkok. It has been created by A7 Holdings and Novostal-M, with the first ships of the Thai Express to commence service from July this year. Delivery will take at least 30 days. In addition, the cargo turnover from […]
The ex-Volkswagen auto-manufacturing plant at Kaluga is launching auto manufacturing of cars under Russia’s Tenet brand, according to regional governor Vladislav Shapsha. Volkswagen exited the Russian market in 2023, selling the business to their Russian dealership, Avilon, who paid an estimated US$135 million for VW’s Russian business. Volkswagen reportedly invested more than US$800 million to […]
Russia’s unrealized export potential in trade with the Caspian countries is estimated at US$3.5 billion, which is about 10% of Russia’s trade turnover with the countries of the region in 2023, according to Dmitry Volvach, Russia’s Deputy Minister of Economic Development of Russia. He was speaking at the Third Caspian Economic Forum in Tehran. Russia’s […]
Russia boosted exports of baby food 14% year-on-year to over 28,000 tonnes in 2024, according to the Russian Agriculture Ministry’s Agroexport centre. Russian baby food manufacturers have been developing new markets over the past two years, with companies such as Progress, whose main brand is FrutoNyanya, preparing to export its products to the markets of […]
Russia boosted oatmeal exports 1.5-fold year-on-year to a record of around 43,000 tonnes in 2024, according to the Russian Agriculture Ministry’s Agroexport center. China accounted for 53% of the supplies as the primary purchaser, with Kazakhstan at 12% and Georgia at 8% rounding out the top three importers of the product. Oatmeal has become a […]
Subscribe to receive exclusive insights and analysis on .
Some parts of the European Union and its allies have been working together to facilitate LNG supplies to breakaway nations in rare moves of solidarity between EU and non-EU states. In this case, Hungary has helped prevent a humanitarian disaster in Transnistria – where winter temperatures regularly drop below -5 degrees, by working together with […]
The Belarusian Deputy Economy Minister Alesya Abramenko has said that bilateral trade in goods and services between Russia and Belarus reached US$57.6 billion, achieving a growth rate of 107.4% in 2024. Abramenko was speaking at a meeting of the interdepartmental working meeting of the Belarusian Economy Ministry and the Russian Economic Development Ministry. She added […]
Russia sees significant opportunities for strengthening cooperation with Africa, Foreign Minister Sergey Lavrov told MPs in the State Duma on Wednesday. He was speaking before heading to South Africa to attend the annual G20 Foreign Ministerial meetings. Speaking on Russia’s foreign policy priorities and initiatives, Lavrov emphasized that Moscow is working with African nations to […]
Trade between India and Russia using the International North South Transport Corridor (INSTC) almost doubled last year, according to Russian Railways official Dmitry Kryukov. New Delhi is increasing the volume of exports via the route as it looks to reduce its substantial trade deficit with Moscow. Kryukov said that “The net cost of the service […]
Russia and Iran have discussed further construction of the second phase of a nuclear power plant (NPP) in Bushehr and cooperation in the aircraft and auto industries, Russian Deputy Prime Minister Alexei Overchuk said after meeting with Iran’s First Vice President Reza Aref on Tuesday (February 18), with Overchuk saying “We discussed energy cooperation, including […]
The Russian government is submitting for ratification an additional agreement with China, which should significantly facilitate the mutual visa regime for logistics businesses, according to Prime Minister Mikhail Mishustin. He said that after the document comes into force, all Russians who are engaged in road transport from China will be able to obtain a multiple-entry […]
Русский
