Russia's Pivot to Asia

Saudi

Russia Estimates Saudi Arabian Agricultural Market As Having Significant Growth Potential

Agriculture, Exports, Imports, Investment, Middle East, Trade

Russia has significant potential to increase agricultural exports to Saudi Arabia, with the total export potential of Russian agricultural products to the country estimated at US$1.4 billion by 2030, according to Ilya Ilyushin, Head of the Agroexport Federal Center. He was speaking at the Russian-Saudi GRAS Agro-Industrial Forum in Moscow on June 30. The GRAS Forum is the first-of-its-kind platform […]

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Tomskimage

Chinese Industrial Group To Buy Bankrupt Russian Oil Producer

China, Energy, Finance, Foreign Investment, Russian Market

China’s Xinjiang Sanbao Industrial Group is to purchase the bankrupt Tomskgeoneftegaz LLC, a small oil production company in the Tomsk region, for about ₽4 billion (US$51.2 million). Sanbao’s investments are expected to partially cover creditor claims after reaching a deal with the main creditor, the Kazakhstan collection agency Eagle LLP. According to its website, Xinjiang

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Sberbank India

Sberbank Insurance Gains India License

Finance, India, Investment, Trade

Sberbank Insurance has obtained accreditation in India, according to its CEO Mikhail Volkov. He said that “As a universal insurance company, Sberbank Insurance seeks business development opportunities wherever possible. There are needs that stakeholders expect us to fulfill, such as products required for international trade operations. This isn’t a quick process. It involves complex, specialized

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Dominican Republic

Direct Russia-Dominican Republic Winter Flights Being Discussed

Exports, Latin America, Logistics & Transport, Trade

Flights between Russia and the Dominican Republic may resume in the upcoming winter season “if the necessary agreements are reached,” reports the Russian Ministry of Transport. This issue was discussed during a meeting between Deputy Foreign Minister for Economic Affairs and International Cooperation Hugo Rivera and Dominican Republic Ambassador to Russia Alejandro Arias Sarzuela with

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Kyrgyzstan

Russia, Kyrgyzstan 2025 Bilateral Relations, Trade and Migrant Labour: Updates

Commonwealth of Independent States, Economy, Eurasian Economic Union, Exports, Imports, Regulatory, Trade

The Russian Foreign Minister, Sergey Lavrov, has been on an official visit to Kyrgyzstan to meet with the Kyrgyz  President Sadyr Japarov and Foreign Minister Jeenbek Kulubayev. He arrived at Cholpon-Ata, a resort town on the northern shore of Lake Issyk-Kul, where bilateral meetings were held, and the Council of Foreign Ministers of the Collective

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Tashanta

Another Mongolia Border Checkpoint Expanded, Free Economic Zone Established

Eurasian Economic Union, Exports, Imports, Infrastructure, Investment, Trade

With the pending Eurasian Economic Union – Mongolia Free Trade Agreement shortly to come into effect, another vehicle checkpoint is being upgraded on the Russia-Mongolia border, this one being at Tashanta, on the border of the Altai Republic with Tsagaannuur in Mongolia. The border crossing is part of the AH4 international highway, and will be

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Turkiye

Russia, Turkiye To Increase and Diversify Bilateral Agricultural Trade

Agriculture, BRICS, Exports, Imports, Middle East, Trade

Russia and Turkiye plan to strengthen bilateral cooperation in agriculture with the aim of increasing and diversifying Russian-Turkish trade in agricultural products, according to a protocol from the Russian-Turkish intergovernmental commission meeting held last Friday (June 27). The meeting assessed the work of the executive committee on bilateral agriculture. Sunflower oil, wheat bran, sunflower meal,

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Turkiye 1

Russia Proposes Increasing LNG Sales & Investments With Turkiye

Energy, Exports, Infrastructure, Investment, Middle East

Russia is interested in increasing regular liquefied natural gas supplies to Turkiye and is prepared to participate in joint investment projects to develop the gas market there, according to an intergovernmental commission meeting between the two countries. Russian Deputy Prime Minister Alexander Novak has stated that Turkiye had LNG terminals receiving products from all over the world and could

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EAEU Container

Fast Eurasian Agro-Express Green Corridor To Be Extended To Iran, UAE & Mongolia

Agriculture, China, Eurasian Economic Union, Exports, Infrastructure, Logistics & Transport, Middle East

The Eurasian Agro-Express service, which was originally designed to service the Chinese markets and Southeast Asian markets with high-speed deliveries of perishable goods from Russia and the Eurasian Economic Union, could be extended.    Andrei Slepnev, the Minister for trade at the Eurasian Economic Commission (EEC), stated at the fourth Eurasian Economic Forum in Minsk on

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Malaysia

Russia, Malaysia to Collaborate on Nuclear Energy

Asia, Energy, Exports, Infrastructure, Investment, Trade

Russia and Malaysia have agreed to expand cooperation on the use of nuclear energy, state nuclear corporation Rosatom announced, following high-level talks in Moscow on Friday (June 27). The meeting was attended by Rosatom CEO Aleksey Likhachev and Malaysian Deputy Prime Minister Fadillah Yusof. The discussions focused on the use of Rosatom’s Nuclear Power Plant (NPP) technologies.

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