India’s crude oil imports from Russia rose in October, despite the US sanctions on Rosneft and Lukoil. India’s October imports of Russian oil reached 1.48 million barrels per day, according to data from oil tracking companies Kpler and OilX. Kpler estimated India’s Russian crude imports at about 1.48 million barrels per day (bpd) in October, […]
The Russian Prime Minister Mikhail Mishustin and Chinese President Xi Jinping have met with their respective business delegations at the Great Hall of the People in Beijing. Mishustin was accompanied by Deputy Prime Ministers Tatyana Golikova, Dmitry Chernyshenko, Yury Trutnev and Alexander Novak, Ambassador of the Russian Federation to China Igor Morgulov, Minister of Agriculture […]
Over the past few weeks, grumbles of discontent have begun emerging from the European population, about what appears to economic issues directly created by sanctions imposed upon Russia. These range from Finnish resorts bemoaning the lack of Russian tourists, Italian resorts closing, and Lithuanian cigarette smugglers causing chaos over ballooning in cheap products from Belarus. […]
Russian Railways Logistics has sent a full container train along the INSTC route from Chelyabinsk, in the Russian Urals region, to Mundra Port, in Gujarat, India. The train, consisting of 62 twenty-foot containers with oats, followed the eastern rail route of the INSTC North–South to Iran’s Bandar Abbas Port and was then shipped to Mundra. […]
The government’s interdepartmental working group on the creation and development of Russian Special Economic Zones (SEZ) has approved expanding the Kulibin SEZ in the Nizhny Novgorod Region, with a river port and new production facilities being planned, according to the regional government. The Kulibin SEZ currently has a site in Dzerzhinsk, while the additional 117.7-hectare […]
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The “Middle Volga-Caspian International Logistics Forum” has been held in Ulyanovsk, attended by delegations from Russia, Turkmenistan, Azerbaijan, Iraq, and Iran, an important event to discuss operations along the Middle and Southern Corridor aspect of the International North-South Transport Corridor. There are now plans to create a single logistics operator to develop the Middle Volga–Caspian–Persian […]
Russia’s R-Pharm Group is to invest in a pharmaceutical production plant in Alatau, Kazakhstan, in partnership with the local company Khan Tengri Biopharma, according to Nikolai Zemskov, R-Pharm’s General Director of Commonwealth of Independent States (CIS) markets. He said that “a joint venture company with an investment of US$200 million will build an innovative full-cycle […]
Russia and China are to sign a memorandum of cooperation in healthcare in November, giving new impetus to the mutual quality and safety of their respective medical products, according to Mikhail Murashko, the Russian Health Minister. He said, “The work done by the Russian Scientific Center for the Examination of Medical Products of the Health […]
Russia’s Tatneft has registered a project to generate solar power in Uzbekistan on India’s Universal Carbon Registry platform, the company has stated, saying, “We have installed solar power plants with an overall capacity of 0.33 MW on the roofs of a tire manufacturing plant in Uzbekistan. Clean solar energy is now used for production needs, […]
Russia and Mongolia are planning to update the plans to develop railway and roadway transport corridors by the end of the year, Russia’s Deputy Transport Minister, Alexei Shilo, has said. Shilo was meeting with Batmunkh Nasantogtokh, the State Secretary of the Mongolian Ministry of Roads and Transport. They formalized the agreements at this week’s meeting […]
Russia and China boosted their mutual agricultural trade by 15% in the eight months between January and September this year, the Russian Agriculture Ministry has stated, following discussions between Russian Agriculture Minister Oksana Lut and Chinese Agriculture and Rural Affairs Minister Han Jun. Russian agricultural exports to China increased by 10% and consisted mostly of […]
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