News & Analysis

Featured June 28, 2025

Russia, Belarus, and Kazakhstan Take Advantage of New EAEU Funding to Establish New Railway & Agricultural Engineering Ventures

Russia, Belarus, and Kazakhstan have launched two pilot projects in the railway and agricultural engineering sectors with the help of a new Eurasian Economic Union (EAEU) funding mechanism, according to Gohar Barseghyan, the Eurasian Economic Commission (EEC) Industry and Agroindustry Minister. He was speaking at the 2025 Eurasian Economic Forum in Minsk. Barseghyan said that “The EAEU […]

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Featured June 28, 2025

Russia-Laos Bilateral Relations: 2025 Update

The Russian Foreign Minister, Sergey Lavrov, has met with Thongsavanh Phomvihane, the new Laos Foreign Minister, in Moscow. Lavrov welcomed him by saying, “You are a frequent visitor to our country: last May, you attended the festivities marking the 80th anniversary of the Victory as a special representative of the President of the Lao PDR, and […]

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June 28, 2025

India Bought 80% Of Russia’s Seaborne Urals Crude During January-May 2025

India has purchased 80% of Russia’s seaborne Urals crude exports this year, with two private refineries increasingly buying more of this variety, according to data analytics provider Kpler.  Indian conglomerates Reliance Industries and Nayara Energy have bought 45% of the Urals crude imported into the country, with India purchasing 231 million barrels of Urals crude this […]

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June 28, 2025

Power of Siberia 2 Gets a Chinese Political Boost After Strait of Hormuz Scare

China’s interest in the construction of Russia’s proposed Power of Siberia 2 pipeline, which would deliver gas via Mongolia, has intensified following the outbreak of the conflict between Iran and Israel, according to sources in Beijing. The planned pipeline would allow up to 50 billion cubic meters (bcm) of natural gas to be delivered annually […]

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June 28, 2025

Russia Making Gains in Meat Exports to China as Quality and Price Prove Competitive

Chinese meat importers have begun favoring Russian products, considering them more cost-effective and of higher quality than competitors, according to the Russian Agroexport federal center, in discussions during the Russian export business mission in Chengdu, China. Yongli Sun, of Beijing Hopewise International Trading, began importing Russian meat in 2024. He said that initial meetings with Russian exporters took place in April last year, […]

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June 26, 2025

Colombia Joins BRICS New Development Bank

Colombia has confirmed it has joined the New Development Bank (NDB), the financial investment arm of the BRICS group. Colombia had requested membership in the NDB in May of this year, amid tensions with the United States over President Trump’s tariff war and Colombia’s joining China’s Belt and Road Initiative. Colombia’s Minister of Foreign Affairs, Laura Sarabia, said, […]

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June 26, 2025

Russia-Turkmenistan Bilateral Relations: 2025 Update

The Russian Foreign Minister, Sergey Lavrov, has been on an official visit to Ashgabat, Turkmenistan, where he was received by President of Turkmenistan Serdar Berdimuhamedov and held talks with Deputy Prime Minister and Minister of Foreign Affairs of Turkmenistan Rashid Meredov. They discussed key issues of Russia-Turkmenistan relations and reaffirmed their intent to implement joint […]

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June 26, 2025

Russia To Provide Diesel Generators For Egypt’s El Dabaa Nuclear Power Plant

Russia’s TMH Energy Solutions, or TMH ES, part of Transmashholding, will supply a batch of diesel generators to the El Dabaa Nuclear Power Plant, currently under construction in Egypt, according to CEO Andrei Vasiliev. He said that “diesel generating backup is an important part of ensuring any nuclear power plant can be used safely, and El Dabaa is no exception. We […]

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June 26, 2025

Russia Ratifies UAE Double Tax Treaty

The Russian State Duma has ratified an agreement with the United Arab Emirates to avoid double taxation of income and capital and prevent tax evasion. The government introduced the bill, No. 930586-8, on May 29. This new agreement replaces an earlier 2011 agreement which applied only to the income of state-owned investment funds. An explanatory […]

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June 26, 2025

Rollout of Digital Ruble Pushed Back to September 2026

The Central Bank of Russia has proposed to the Russian State Duma that the largest “systemically important” Russian banks must provide their clients with the option to use digital rubles from September 1, 2026. This is a pushback from the previously agreed-upon deadline of July 1 this year. The bank has instructed Russian retail companies with annual revenues exceeding […]

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