Russia has increased its electricity exports to Kazakhstan this year, partially as a result of Ukrainian drone attacks on the Caspian Sea Pipeline which feeds Kazakhstan Russian oil. Astana had been attempting to reduce Russian electricity imports but Kiev’s actions have delayed this energy mix shift.
India is planning to send cargo ships along the Northern Sea Route from next year, according to Shri Venkatesapathy, the Indian Shipping Ministry joint secretary. For India, the Arctic route can save up to 40% in distance and about two weeks in travel time to most European ports.
Russia’s A7 stablecoin has become the world’s largest non-US Dollar linked crypto asset with a US$140 billion turnover, larger than the European’s Union EURC equivalent.
Russia presented the concept and structure of the proposed BRICS Grain Exchange and how it will work at the 16th meeting of the BRICS Economic and Foreign Trade ministers in Jaipur last week, according to the Russian Economic Development Ministry. Russia proposed to create the BRICS Grain Exchange as a unified digital trading platform where […]
The assets of the British company Linde, has been transferred to a major consumer of their products – Russia’s Kuibyshevazot. The transfer came as part of debt collection related to a defaulted contract for constructing a gas processing complex in Ust-Luga. According to the Unified State Register of Legal Entities, on August 10, 100% […]
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Russia has been developing a massive international railway strategy that includes multiple industrial development sectors and infrastructure across Central Asia, the Middle East, India, China, and deep into Southeast Asia on a scale little recognised. We deep dive the expansion of Russia’s railway development, how it is managing this, and the potential new routes that could become available.
The BRICS nations are discussing linking their payment systems and central bank digital currencies (CBDCs) as they explore ways to reduce the costs and increase the speed of cross-border payments, according to Reserve Bank of India (RBI) Governor Sanjay Malhotra. He said that “Cross-border payments is an area of interest for all of us, including […]
Russia exported over 25,000 tonnes of crabs to China in the first half of 2026, up 25% year-on-year, and increased revenue from these exports by more than a third to US$697 million, according to data from China’s General Customs Administration. Russia’s Fish Union stated that demand for crabs in China was growing, partly due to […]
Russia has exported the first shipment of soft wheat since 2023 to Colombia from Novorossiysk, the Novorossiysk branch of the Federal Center for Assessment of Safety and Quality of Agricultural Products (FSBI SQA) has said, stating that “Specialists from the Novorossiysk branch of the FSBI SQA examined five shipments of Russian soft wheat totaling 16,000 […]
The 2026 Uzbekistan-Bashkortostan Business Forum has just taken place in Ufa, Russia. With bilateral trade growing at 20% this year, we deep dive the relationship between Bashkortostan and Uzbekistan, the investments being made and the prospects of the two countries hitting US$30 billion in trade by 2030.
Russia and Syria have reached agreement on the use of the Syrian Tartus Port and Kmeimim airbase, with the bases returning to Syrian control but with joint exercise, logistics and other arrangements.
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