Construction of a Russian Orthodox Church will begin in Yangon, the former capital city of Myanmar, from early 2025, according to Nikolay Chashin, the Patriarchal Exarch of Southeast Asia and Metropolitan of Singapore and Southeast Asia Sergius has said. Myanmar is a predominantly Buddhist country. Father Chashin said “Last year I was fortunate enough to […]
The Eurasian Economic Union (EAEU) is expected to sign an interim free trade agreement with Mongolia before the end of this year, according to Alexei Overchuk, the Russian Deputy Prime Minister. He stated yesterday (November 26) that “We’re approaching the signing of an interim free trade zone agreement with Mongolia, we’re expecting it.” Numerous infrastructure […]
The Indian Defence Minister, Rajnath Singh, is to visit Russia’s Kaliningrad shipyard next month where the Indian Navy Stealth Frigate, INS Tushil is currently being built. The three-day visit will start on December 8, and will include talks with Russian Defence Minister, Andrey Belousov in Moscow. Singh will then travel to the Yantar shipyard located […]
Damate Group, Russia’s leading turkey meat producer, exported 8,300 tonnes of turkey and duck meat to China in the nine months between January and September 2024, double the volume exported in the same period last year, the company has said. Damate said that their turkey meat exports to China stood at 8,000 tonnes, of which […]
Sanctions, and the subsequent need to develop eastern and southern supply chains to and from Russia, have led to a significant shift in Eurasian supply chains to and from Russia. In this article we explain these new emerging routes and their current development. The North-South Transport Corridor The North-South Transport Corridor (NSTC, also referred to […]
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Russia intends to develop bilateral cooperation with Afghanistan in various fields, Security Council Secretary Sergey Shoigu has said, in meetings with Afghanistan’s Deputy Prime Minister Mohammed Abdul Kabir. Shoigu paid a visit to Afghanistan on Monday, (November 25) where he met with the country’s top leadership. During four rounds of talks, he discussed economic, transportation […]
The Asian Development Bank (ADB) and CJSC Azerbaijan Railways have signed a loan agreement for US$131.5 million to complete the reconstruction of a 166-kilometer section of a double-track railway, including civil structures and railway crossings on the Sumgait-Yalama route, to the Azeri border with Russia. This loan is additional financing for the Railway Sector Development […]
Russia has increased its exports purchases of buckwheat to China 1.8-fold year-on-year to US$75.6 million in the first 10 months of the year from US$40.9 million in the same period last year, China’s General Administration of Customs (GAC) said. Russia has retained to the position as the leading supplier of buckwheat to the Chinese market. […]
Over the past three years, Russia’s share in BRICS trade has more than doubled and has further potential for expansion and containerisation – but there are bottlenecks that need dealing with. During that timeframe, BRICS imports from Russia have surpassed exports to Russia by almost 4.5 times, creating a huge container imbalance. As a result, […]
The Naushki border railway crossing between Russia and Mongolia, which is the most in-demand railway crossing between the two countries, has been enlarged and can now accommodate twice as many freight wagons for customs inspection. It has also been digitized, which will speed up border crossings and allow an increase in cargo turnover both between […]
Russian customs data indicates that over the past ten months, China has purchased US$849 million worth of enriched uranium from Russia – a 3.2-fold increase compared to the same period last year. In October, Chinese imports doubled from September, reaching US$216 million in value. Imports generally increase in the lead up to the winter months. […]
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