Russia's Pivot to Asia, Author at RUSSIA'S PIVOT TO ASIA

Russia-China Bilateral Trade Expected To Reach US$243 Billion For 2024

Bilateral trade between Russia and China has increased by 2.1% year-on-year to US$222.774 billion in the first eleven months of 2024, according to data released on Tuesday (December 10) by China’s customs. That implies a 2024 total of US$243 billion will be reached for the year, a record high and slightly more than last years […]

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Russia – Kenya 2024 Bilateral & Trade Relations: Update

Africa, Exports, Imports, Trade

Russian entrepreneurs are preparing to supply agricultural products and wines to Kenya, and plans are underway to establish a Russian trading house in Nairobi, according to Vladimir Vishnevsky, head of the commission for developing relations with Africa at ‘New Formation’, one of Russia’s largest business organizations. The comments were made following a recent meeting between

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China-Europe Rail Freight Continues To Rely Heavily on Russia Transit

China, Exports, Imports, Infrastructure, Logistics & Transport, Trade

Rail freight from China to Europe continues to rely heavily on transit through Russia, however the EU’s own sanctions, and especially new counter-sanctions imposed by the Kremlin, continue to create significant obstacles. For example, Italian logistics firms and importers have been complaining that containers following the China-Europe rail route have been stopping in Russia in

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Russia-China Nizhneleninskoye-Tongjiang Bridge Crossing Exports: Update

China, Exports, Imports, Infrastructure, Logistics & Transport, Trade

The new Nizhneleninskoye-Tongjiang cross-border bridge between Russia and China has proved beneficial to Russia’s raw material exports since it opened in November 2022, and has become a key route for Russian coal and iron ore to be transported to China. Chinese finished goods are also imported in containers via the same cross-border bridge. Russia’s Transit

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Assad Arrives In Moscow As Russia Prepares To Defend Syrian Assets

Infrastructure, Middle East, Security

The deposed Syrian President, Bashar al-Assad has arrived in Moscow with his family and has been granted asylum on ‘humanitarian’ grounds. Syrian militants, led by the Hayat Tahrir al-Sham (HTS) group, which has connections with Al-Queda, have apparently taken control of the country, although the situation remains fluid. Moscow has called for the resumption of

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Eurasian Development Bank: The Eurasian Economic Union Had Record GDP Growth In 2024

Economy, Eurasian Economic Union, Trade

Russia, and its neighbouring states within the Eurasian Economic Union (EAEU) have undergone an economic boom during 2024, according to a report by the Eurasian Development Bank (EDB). The EAEU includes Russia as well as Armenia, Belarus, Kazakhstan, & Kyrgyzstan. It fills a geographic space between Eastern Europe and Western China. Their collective GDP growth

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Russia’s Ozon To Import Indian Workers To Offset Russian Labour Shortages

BRICS, India, Logistics & Transport, Russian Market, Trade

Russian e-commerce giant Ozon is looking at recruiting thousands of skilled workers from India, according to reports from Russian media. The move highlights Russia’s increasing focus on sourcing labour resources from friendly nations as it grapples with a shortage of workers. Ozon’s legal entity, Internet Solutions LLC, is actively working with Indian recruitment agencies to

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Russian Cybersecurity Firm Enters Egyptian & MENA Markets

Africa, BRICS, Investment, Security, Trade

PJSC Positive Group, the parent company of Russian cybersecurity group Positive Technologies, has signed a distribution agreement with Mideast Communication Systems (MCS), a Cairo-based provider of cybersecurity solutions in Egypt and other countries in the Middle East and Africa. The partnership will focus on sharing cybersecurity expertise and jointly promoting products and services in the

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Rosatom Anticipating Brazilian Nuclear Cooperation Agreement

BRICS, Energy, Investment, Latin America, Trade

Brazil expects to reach an agreement with Russia’s Rosatom on cooperation in the Brazilian nuclear sector by the end of 2025, according to Alexandre Silveira, the Brazilian Mines and Energy Minister. The two sides have begun negotiations on developing a partnership, utilizing Russian experience and seeking investment for exploring Brazil’s mineral potential. Brazil expects to

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Eurasian Development Bank To Provide Islamic Financing From 2025

Asia, Economy, Finance, Investment, Trade

The Eurasian Development Bank (EDB) aims to introduce Islamic financing instruments by mid-2025, according to Ruslan Dalenov, the Deputy Chairman of the Management Board. The EDB is exploring new avenues to expand its product portfolio, with Islamic financing emerging as a key focus, Dalenov said. The bank believes that implementing these tools could attract up

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RUSSIA'S PIVOT TO ASIA

«Поворот России в Азию»

Russia's Pivot to Asia