Russia opened a new terminal at Mineralnye Vody International Airport. All domestic flights are now serviced in the new terminal. Mineralnye Vody is located in the Stavropol Territory in the North Caucasus on the Kuma River and the main railway line between Rostov-on-Don and Baku, the capital of Azerbaijan. It is the largest aviation hub […]
The Russia-Islamic World International Economic Forum has now finished, with Russia’s Deputy Prime Minister Marat Khusnullin attending. The event was held in Kazan, the capital of Tatarstan and itself a majority Muslim region of Russia. In his summarizing remarks, Khusnullin said that “Developing ties with Islamic states is one of the priorities of Russia’s foreign […]
The Russia-Afghanistan Business Forum has been held during the Russia-Islamic World Economic Forum in Kazan, with delegations from Russia, Afghanistan and related countries all attending. Participants discussed the prospects for developing transport infrastructure in Afghanistan, as well as the creation of multimodal corridors linking Russia, Kazakhstan, Uzbekistan, Afghanistan, and Pakistan, and a second route connecting […]
Russian Foreign Minister Sergey Lavrov has noted that the rapid growth of exchanges between Russian regions and Chinese provinces helps identify a variety of new investment projects, according to his statements to participants of the Russian-Chinese forum in Khabarovsk. Lavrov said that “the Sino-Russian relations of comprehensive partnership and strategic interaction are a model of […]
Russia supplied approximately 11,400 tonnes of sunflower oil to Singapore in January-April 2025, according to the Russian Agroexport Federal Centre, who stated that “Compared to the largest supply volume recorded for the entire year of 2020, exports have increased more than 11-fold. Previously, imports to Singapore were negligible and did not exceed 1,000 tonnes per […]
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Both the US White House and the Kremlin have confirmed that a telephone conversation is imminent at 5pm today (Moscow time), between Presidents Trump and Putin, mainly to discuss the situation with Ukraine, but also with some hints of talks involving trade. While we will leave the political noise to other outlets to discuss, in […]
Sberbank has proposed allowing foreigners to invest in Russian Initial Public Offerings (IPO) with money held in their C-type accounts, with purchased shares and dividends subsequently credited to these same accounts. A C-type account is a foreign owned bank account in Russia, which holds frozen income on securities owned by “unfriendly” foreign investors. This money […]
The Central Bank of Russia has set the minimum annual income threshold for obtaining the status of a Qualified Investor at ₽12 million (@US$150,000) according to Mikhail Mamuta, Head of the Russian regulatory body for the Protection for Consumer Rights and Ensuring the Availability of Financial Services. He was speaking on the sidelines of the […]
Russia intends to introduce wool auctions and include wool among exchange-traded commodities to regulate and structure this market segment, according to Kseniya Bobyleva, deputy director of the Department of Light Industry and the Timber Complex at the Russian Ministry of Trade and Industry. She was speaking at the 25th Russian Exhibition of Pedigree Sheep and […]
Russia’s FESCO shipping has completed its first direct ship call to Ho Chi Minh City, on Vietnam’s east coast. The service operates on FESCO’s Baltorient Line (FBOL) service, which takes in St. Petersburg, as well as ports in India and China. The transit time from St. Peterburg to Ho Chi Minh City is about 34 […]
The Russian Foreign Minister, Sergey Lavrov, has given an interesting speech and held a Q&A session with the Diplomatic Club in Moscow, which includes attendees from the Russian Foreign Ministry academy, Russian Regional Governors, and Foreign Ambassadors. The event was the first to be held since the covid pandemic. In a wide ranging presentation, Lavrov […]
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