Russia's Pivot to Asia

Top EU Court Rules In Favour Of Returning Sanctioned Russian Assets

Economy, Finance, Foreign Investment

EU sanctions mechanism “was not legally transparent” In a case that may lead to unprecedented legal claims in the EU, a top EU court has annulled sanctions against billionaires Mikhail Fridman and Petr Aven, finding there was insufficient evidence the two oligarchs backed Russia’s conflict against Ukraine. The EU’s General Court concluded that the EU […]

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Russia & China To Develop Mutual “Supply Chain Stability”

BRICS, China, Trade

China and Russia have stated their aims to maintain “industrial supply chain stability” after Chinese foreign minister Wang Yi and his Russian counterpart Sergei Lavrov reinforced calls for their two countries to work more closely together against “hegemonism”, in a statement released by the Chinese foreign ministry. Russia has been intensely sanctioned by Western powers

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Thinktank: Do The United States & Europe Have A Gameplan For Dealing With Russia?

Economy, Finance, Trade

Russia’s Pivot to Asia sat down last week with a highly experienced group of people, including high-profile China and Asia experts, an American banker, and Russian academics. The question on the table: “Does the west have a game plan for Russia?” First, about the attendees. All are well known in their fields and government influential.

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Complimentary Russia’s Pivot To Asia 2024 Business Guide

BRICS, China, Economy, Eurasian Economic Union, Finance, Foreign Investment, Trade

Russia’s Pivot to Asia have published our first annual Russia’s Pivot to Asia Guide, in Russian. It is a 300-page full colour PDF with maps and graphics that details Russia’s 2024 trade and development with 80 countries, in addition to evaluating new supply chain routes such as the INSTC and the NSR, and Russia’s developments

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New Global Brands, Including European, Open Stores In Russia

Economy, Foreign Investment

Russian consumers now possess more income at their disposal since pre-covid times, where according to Macrotrends Russian consumer spending rose 19.68% in 2022. That has led to seven new international brands opening their first stores in Russia during Q1 2024, according to Nikoliers a commercial real estate consulting firm. “Based on the results of the

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Indian Pharma Investor To Manufacture Medical Supplies In Russia’s Far East

BRICS, Foreign Investment, Trade

India’s PSK Biotech Private Limited has signed an agreement to start manufacturing personal hygiene products, diapers, and medical supplies in the city of Yuzhno-Sakhalinsk, in Russia’s Far East Sakhalin region. Production is planned to launch in November this year. The initiative would also significantly reduce the Sakhalin region’s reliance on imported technology and shorten the

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FRIDAY BIZARRE

Miscellaneous

Our Look Back At Some Of The Weeks Most Bizarre Russo Political Moments US-Russia Manure Trading Bourse Opens It’s been great to see sensible adult dialogue is back in vogue, with White House National Security Communications Adviser John Kirby stating that Russian comments about the appalling attack on Crocus City reminded him of what his

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Russia Continues To Pay Eurobond Dividends Despite Sanctions

Economy, Finance

The Russian Finance Ministry has transferred ₽7.8 billion (US$84.4 million) to the National Settlement Depository (NSD) to pay a coupon yield on sovereign Eurobonds maturing in 2042, the ministry said. NSD, the payment agent, has received the funds. A Eurobond is a bond issued offshore by governments or corporates denominated in a currency other than

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