The Russian government has submitted an intergovernmental agreement with the Republic of the Congo on cooperation on the construction of the Pointe-Noire – Loutete – Moluko – Tresho oil product pipeline in the Congo to the Russian State Duma for ratification. The agreement (No. 870793-8), which was signed in Moscow on September 28, 2024, has […]
The humble banana is a point of trade interest between Russia and Latin America’s Ecuador, with the south americans providing 16% of all bananas consumed in Russia. There have been some inconsistencies in product, leading to experts from Russia’s plant and animal health watchdog Rosselkhoznadzor to conduct an audit of Ecuador’s banana certification system in […]
The Eurasian Economic Union (EAEU) and Mongolia have agreed on the remaining issues concerning a temporary free trade agreement, according to the Eurasian Economic Commission (EEC). This follows a meeting between EEC Trade Minister Andrei Slepnev and Gantumur Luvsannyam, the Mongolian Economic and Development Minister. Slepnev said “We have conducted productive talks, in which we […]
In stark contrast to the policies of the European Union towards Belarussian nationals, the Belarusian Foreign Ministry has stated that foreign citizens will be able to enter Belarus on an electronic visa from March 20. The Ministry’s statement read “Starting from March 20, 2025, foreign citizens will be able to enter Belarus on an electronic […]
In signs of a thawing between Russia and US backed economies, Russia’s multimodal transport operator Ruscon and South Korean logistics company Sunsko S&T plan to develop multimodal transportation between the Far East and Asia. A memorandum of cooperation in the field of transport and logistics services was signed by Ruscon First Vice President Andrei Chernyshev […]
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Russia’s Aqua Holding LLC, producer of mineral water brands Essentuki No. 4, Essentuki No. 17 and Narzan, has delivered its first shipment of mineral water to Thailand, the company has stated. These mineral waters are bottled in the Russian Caucasus and considered therapeutic treatments for gastro-intestinal problems. Aqua Holdings has worked with water for local […]
Russia’s Cherkizovo Group, one of the countries leading meat producers, shipped approximately 46,000 tonnes of its products to Southeast Asia in 2024, up 10% compared to the previous year, the company has said. The bulk of exports consists of chicken products, but shipments of turkey, pork and sausages to the region are also growing. The […]
Russia imported 20,000 tonnes of seafood from Iran in 2024, up 25% from the previous year, the Russia Fish Union said, citing the European Market Observatory for Fisheries and Aquaculture Products (EUMOFA). In monetary terms, imports also increased 25%, reaching US$60 million in value. Russia accounted for 10% of Iran’s total seafood exports in volume […]
Inter RAO Export Project Management (a division of Inter RAO) plans to develop a project for the construction of the Kiwira thermal power plant (TPP) in Tanzania. The approximate cost is US$1.6 million. In 2025, only the development of the feasibility study is planned, including the contracting of an appropriate subcontractor from the Russian side. […]
The time and cost of shipping containers from China to Russia have significantly decreased, with the supply of transportation now exceeding shipping demand. The transportation time has dropped to three weeks, and the rates on the Shanghai-Moscow route are now about US$5,000 per container. Oleg Poluektov, a Director of logistics for the Russian company ModernWay […]
Russia’s VTB bank has launched phone number-based transfers to Azerbaijan, in moves that circumnavigate the financial sanctions placed on Russian banks using the SWIFT financial transfer service. Russian retail clients can now instantly send money to Azerbaijan using the recipient’s phone number to clients of the subsidiary bank – VTB Azerbaijan. The transfer is made […]
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