Russia’s pivot to Asia has taken another unique turn by sending bulk cargo to Malaysia, in southeast Asia, from Moscow vi Vladivostok for the first time. Russia’s FESCO Transport organised the transhipment of technical fat cargo in Flexitanks at the Bely Rast terminal in Russia’s Moscow region. From Bely Rast, the first shipment departed via […]
The growth of bilateral trade between Russia and China in the medium term may be more restrained than it has been in recent years, according to Anton Alikhanov, Russia’s Minister of Industry and Trade. He was speaking at the Russian-Chinese business forum in Kazan and said that among the reasons for the slowdown in growth […]
Chinese companies are interested in further localizing their production in Russia, according to Oleg Nepochatov, the CEO of the Ulyanovsk Special Economic Port Zone. He was speaking at the 3rd Sprouts Business Forum which has been held in Kazan. Nepochatov said that “We see the demand of the Chinese companies to deepen localization of their […]
Russia is both developing and integrating its digital transport system with China’s, according to Igor Levitin, an Adviser to the President of Russia and Special Representative for International Transport Cooperation. He was speaking at the Rostki International Forum in Kazan. Speaking at the session on “Russia-China: Logistics Connectivity as a Basis for Sustainable Partnership”, Levitin […]
Russia has been given the contract to print the banknotes for Syria’s redesigned and revalued currency, with Damascus to give the severely devalued Syrian pound a makeover and remove two zeroes from the currency in order to ease transactions and restore confidence. The Syrian pound has lost over 99% of its value since 2011, falling […]
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Russia’s state-owned nuclear power giant, Rosatom, is considering the establishment of a subsidiary in China, according to information on Russia’s public procurement website. The procurement tender includes preparation of a report on the opening of a subsidiary in China and the company’s registration. The report states that the potential Rosatom subsidiary in China would ensure […]
On August 22, Russian Foreign Minister Sergey Lavrov had a telephone conversation with Venezuelan Executive Vice President Delcy Rodriguez Gomez. In the course of the conversation, the two sides confirmed their mutual intention to further strengthen the strategic partnership relations between Russia and Venezuela. The parties discussed current bilateral issues and agreed to increase interaction […]
The Iranian Ambassador to Russia, Kazem Jalali, has said that the cargo transit by the eastern branch of the International North-South Transport Corridor (INSTC) may reach its potential capacity of 15 million tonnes in three to four years. He was speaking at the Caspian Media Forum 2025 in Astrakhan. Jalali stated that “The eastern branch […]
Russia’s FESCO Transport Group has delivered the first refrigerated container with Russian food products from Novorossiysk to the port of Sohar (Oman). The container was loaded with frozen meat semi-finished products weighing 25.5 tonnes, and was delivered by road from the suppliers warehouse in Bryansk to Novorossiysk Port. It was then placed on a FESCO […]
The Russian government and the Central Bank of Russia are to motivate Russian companies to raise investment capital by listing on Russian stock exchanges. These measures include subsidizing loans, preferential mortgage rates, providing procurement guarantees and other incentives. This follows the government’s strategy of encouraging Russian companies to enter the equity capital market, with the […]
The Indian External Affairs Minister, Subrahmanyam Jaishankar has been holding talks in Moscow, meeting with both Sergey Lavrov, Russia’s Foreign Minister, and Russian President Vladimir Putin. The talks come just as the United States has threatened to increase tariffs to 50% on Indian exports to the United States in retaliation for India purchasing Russian oil. […]
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