Russia's Pivot to Asia

Algeria Flag

Algeria Becomes A Member Of The BRICS New Development Bank  

Africa, BRICS, Economy, Finance, Trade

Algeria has officially become a member of the New Development Bank (NDB), a financial institution created by the BRICS group of countries. The bank’s press office announced this on Thursday, May 22. “Algeria plays an important role not only in the North African economy, but also at the global level and will certainly contribute to […]

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Russia reduces import dependence on feed additives from China

Agriculture, China, Investment, Russian Market

In the city of Blagoveshchensk, Republic of Bashkortostan, Russia’s first production line for iron sulfate monohydrate, a key component for agriculture and agrochemicals, has begun operation. The project was implemented by Blagoveshchensk TOR resident, Russian Couper Company LLC, with financial support from the Industrial Development Fund (IDF). Iron sulphate monohydrate is in agricultural demand as

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Russia Bahrain Flags

Russia, Bahrain, Discuss Oil Energy Stability And OPEC+ Production Agreements  

Energy, Exports, Investment, Middle East, Security, Trade

Russian Deputy Prime Minister Alexander Novak and Bahrain’s Oil and Environment Minister Mohamed bin Mubarak Bin Dainah have been discussing cooperation under the OPEC+ agreement, with eyes on production guarantees for ensuring the stability and predictability of the world oil market. They have agreed to coordinate relations in this area, in response to Western sanctions

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Shipping

Russia To Restructure Shipping Registry Laws

Exports, Infrastructure, Logistics & Transport, Regulatory, Russian Market

Russia intends to develop new approaches to registration of vessels of domestic companies under foreign flags, according to Vitaly Klyuev, director of the Department of State Policy of Maritime and River Transport at the Russian Ministry of Transport. He was speaking at the XIII St. Petersburg International Law conference. Klyuev pointed out that the UN

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Cable

Russia – China Cross-Border Cable Car To Open Next Year  

China, Infrastructure, Investment, Trade

The world’s first cross-border cableway, which will connect Russia and China and stretch across the Amur (Heilongjiang) river, will cost more than ₽13 billion (US$164 million) according to the latest projections, according to Ekaterina Kuzmina, the CEO of the Agency for the Development of Project Initiatives (ARPI). Kuzmina said that “Right now, the total project

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INSTC

Russia Keen To See INSTC Rail Network Extend Into Africa

Africa, Infrastructure, Investment, Logistics & Transport, Trade

Russian Railways (RZD) sees potential to extend the International North-South Transport Corridor (INSTC) to Africa and is also studying railway projects in a number of African countries, RZD first deputy CEO Sergei Pavlov has stated. He was speaking at the State Duma during a meeting of the expert council for the development and support of

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ArmeniaRussia

Russia, Armenia Bilateral Relations: 2025 Update

Eurasian Economic Union, Investment, Security, Trade

The Russian Foreign Minister, Sergey Lavrov has been visiting Yerevan at the invitation of the Ararat Mirzoyan, the Armenian Minister of Foreign Affairs. During the talks held at the Armenian Foreign Ministry, they discussed a wide range of issues related to the development of bilateral cooperation, interaction within the Eurasian integration associations, and coordination at

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Dagestan Oil

Azerbaijani Olive Oil Producer Invests In Dagestan  

Agriculture, Commonwealth of Independent States, Exports, Foreign Investment, Trade

Azerbaijan’s Isfa plans to invest up to AZN7 million (US$4.1 million) in planting an olive orchard and building an olive oil plant in Dagestan, the Azerbaijan’s Economic Zones Development Agency has reported. Isfa LLC, which has been operating in Azerbaijan since 2015, signed a memorandum on cooperation with Dagestan’s Export Support Center. Under the document,

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India

Russian Exports Of Crude Oil To India Increase To An Estimated 1.8 Million Barrels A Day In May

Energy, Exports, India

India’s imports of Russian crude oil are expected to reach around 1.8 million barrels per day in May, the highest level in 10 months, according to ship-tracking data from Kpler. The surge is attributed to refiners purchasing more light grades, such as Russia’s ESPO Blend from the Eastern Siberian-Pacific Ocean pipeline. Traders predict that the

Russian Exports Of Crude Oil To India Increase To An Estimated 1.8 Million Barrels A Day In May Read More »

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