News & Analysis

Featured March 20, 2024

Russia – Pakistan Agricultural Export Potential US$900 Million By 2030

The potential for Russian agribusiness exports to Pakistan by 2030 is estimated at 2.8 million tonnes worth up to US$900 million, according to Russia’s Agriculture Ministry. The most promising exports are grains such as wheat and barley, grain legumes, and millcake meal. Russia exported about 1.2 million tonnes of agricultural products worth US$423 million to […]

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Featured March 20, 2024

Russian Railways Tendering To Upgrade Cuba’s Railway Infrastructure

Russian Railways (RTZ) are planning to tender for contracts to restore Cuba’s railway infrastructure, according to Sergei Pavlov, First Deputy Head of RTZ has stated at the TransRussia international exhibition being held in Moscow. Pavlov said “We plan to begin the process of reconstructing Cuba’s railway infrastructure. This year we will formulate and structure the […]

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March 20, 2024

Putin Expected To Visit Beijing In May

Russian President Vladimir Putin will travel to China in May for talks with Xi Jinping, in what would be the Kremlin chief’s first overseas trip of his new presidential term. Kremlin spokesman Dmitry Peskov stated that “Several presidential visits and several high-level contacts are being prepared at the moment. We will inform you as we […]

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March 19, 2024

Russia Sends First Grain Freight Train From Urals To India Via INSTC

The first export train of 30 wagons loaded with oats departed for India from Formachevo station in Chelyabinsk, in the Urals region of Russia, Acting Head of Chelyabinsk Customs Andrey Gursky, has said.  The train departed on March 18. The 830-tonne cargo was packed using the infrastructure of the Yuzhnouralsky transport and logistics complex. Since […]

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March 19, 2024

China’s Industrial Activity Up 7% In January & February 2024

Despite general Western negativity concerning China, its industrial activity picked up at the start of the year, according to data from the National Bureau of Statistics. The news is relevant to Russia’s Pivot to Asia as it suggests that inexpensive Russia energy is helping create a boost to China’s manufacturing sector output.   China’s industrial production […]

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March 19, 2024

Russian February 2024 Air Passenger Turnover Rises 13%

Russian airlines saw total passenger turnover rise 13% year-on-year to 18.8 billion passenger-kilometers in February 2024, according to data from Rosaviatsia – Russia’s Federal Agency for Air Transport. The figure increased nearly 7% to around 11.3 billion passenger-kilometers on domestic routes, and 24% to 7.6 billion passenger-kilometers on international routes. Airlines saw passenger traffic rise […]

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March 19, 2024

India Ready To Start EAEU Free Trade Talks

India is apparently ready to start negotiations on a free trade agreement with the Eurasian Economic Union (EAEU), according to Belarusian Foreign Minister Sergei Aleinik, who visited New Delhi from March 12–13. Belarus is a member of the EAEU along with Russia and Armenia, Kazakhstan, and Kyrgyzstan. The bloc fills the geographic space between Eastern […]

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March 18, 2024

Russia’s Maritime Crude Oil Exports Hit Record High

Russia’s maritime crude oil exports have reached a record level in 2024, as shipments from Russian terminals in the Far East regained momentum. Oil production spiked by 590,000 barrels daily in the week ending March 10. This upswing came after Russia renewed its commitment to the OPEC+ effort to mitigate against a global market glut […]

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March 17, 2024

Eastern Maritime Corridor Emerges As Russia-India-South Asia Red Sea Alternative

The Red Sea crisis has shifted attention for Russia, India, and South Asia to the potential of the Eastern Maritime Corridor (EMC) – a proposed trade route for shipping coking coal, crude oil, LNG, fertilizers, and goods containers. This new trade route could revolutionize Russian-Asian trade. India’s oil imports reached unprecedented levels in January 2024, […]

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March 17, 2024

New Russian Annexed Regions Return To Fiscal Productivity

The four regions annexed by Russia in September 2022 from Eastern Ukraine have seen a surge in taxable revenues, following their reorganisation and investments and incentives made into the territories by Moscow. Tax revenues in Donetsk, Lugansk, Kherson and Zaporozhye have continued to grow, with a total of 210 billion rubles (US$2.27 billion) raised in […]

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March 16, 2024

95% of Western Investors Still in Russia In 2024

Austrian Foreign Minister Alexander Schallenberg has said in a meeting with US Secretary of State Antony Blinken during a joint press conference in Vienna on March 15, that 95% of Western companies are still invested in Russia. This is despite Western government pressure since early 2021 and many high profile foreign businesses announcing their exit […]

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