China has suggested that Russia boost oil supplies via Kazakhstan by 2.5 million tonnes per year, and Russia is ready to do this, according to Russia’s Deputy Prime Minister Alexander Novak. He was speaking about the protocol on amendments to the intergovernmental agreement approved by the Russian government. Novak clarified that “This is a proposal […]
The value of transactions on the Belarusian Universal Commodity Exchange (BUCE) conducted by Belarusian and Russian producers increased 3.4-fold in 2024, while it grew 20% year-on-year in January-April 2025, according to Herman Puzyrny, the deputy head of BUCE’s Foreign Economic Activity Department. Puzyrny said that “Russia traditionally ranks first in trade volume among all countries […]
Russia’s RZD Logistics, in cooperation with Russian Railways (RZD) and partner company Transit, has dispatched the first 100-car container train from the inland Yuzhny Port, an industrial trade zone serviced by the Lyublino-Sortirovochnoye station near Moscow. The train is en route to Khabarovsk-2 station in the Russian Far East and has a scheduled transit time […]
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 […]
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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 […]
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 […]
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