Russia's Pivot to Asia

Putin’s Presidential Inauguration Speech: National Development Plans & Russia To Become World’s Fourth Largest Economy By 2030

Economy, Investment

The Russian President Vladimir Putin made a comprehensive speech during his inauguration ceremony in the Kremlin, focusing on Russia’s future and its national strategic development plans. We summarise these and provide a link to the complete text below. Russian Priorities Amid the rapid changes in the world, Russia “must be self-sufficient and competitive,” open new […]

Putin’s Presidential Inauguration Speech: National Development Plans & Russia To Become World’s Fourth Largest Economy By 2030 Read More »

Russia’s Aurus Luxury Auto Brand Takes Over Toyota’s St.Petersburg Production Plant

China, Investment, Trade

In another indication of how Western sanctions have spurred Russia’s domestic industries, a St. Petersburg-based plant formerly belonging to Japanese automaker Toyota has been transferred to Russian high-end carmaker Aurus, according to Denis Manturov, Russia’s acting Minister of Industry and Trade. Production of Aurus cars at the plant will start before the end of 2024.

Russia’s Aurus Luxury Auto Brand Takes Over Toyota’s St.Petersburg Production Plant Read More »

First Agroexpress Chelyabinsk Freight Train Leaves For Chengdu

BRICS, China, Infrastructure, Logistics & Transport, Trade

The Yuzhnouralsky Dry Port and Rusagrotek LLC have sent the first container train with agricultural products from Chelyabinsk to Zabaikalsk, one of the China border crossings. The train will proceed to Chengdu in China’s Sichuan Province, with the total travel time estimated at 14 days. The train consists of 70 forty-foot containers. The route was

First Agroexpress Chelyabinsk Freight Train Leaves For Chengdu Read More »

Indian Imports Of Metallurgical Coal From Russia Grows To 21% Of Total

BRICS, Energy, India, Trade

Imports of metallurgical coal from Russia have grown three-fold in the last three years to around 15.1 million tonnes in 2023-24 mainly due to lower prices – while the same imports from Australia have declined, according to Indian research firm Big Mint. Russia’s share in India’s metallurgical coal imports of 73.2 million tonnes has risen

Indian Imports Of Metallurgical Coal From Russia Grows To 21% Of Total Read More »

Eaeu Iran Flag

88% Of Iran-Eurasian Economic Union Bilateral Trade Expected To Be Tariff-Free

Eurasian Economic Union, Trade

Kambiz Mirkarimi, a member of the board of directors of the Iran-Russia Joint Chamber of Commerce, has projected that over 88% of commodities exchanged between Iran and the member states of the Eurasian Economic Union (EAEU) will soon be subject to zero tariffs within the next two months. This forecast comes amidst the facilitation of

88% Of Iran-Eurasian Economic Union Bilateral Trade Expected To Be Tariff-Free Read More »

Russia To Invite BRICS Countries To Form An Independent Financial System

BRICS, Economy, Finance

The Russian Ministry of Finance, together with the Central Bank and BRICS partners, will prepare a number of initiatives to create an independent international monetary and financial system. The result of this work may be, among other things, the creation of a digital settlement and payment platform “BRICS Bridge”. This was decided following a meeting

Russia To Invite BRICS Countries To Form An Independent Financial System Read More »

Subscribe
Subscribe
Scroll to Top