Hungary’s Foreign Minister Peter Szijjarto said the country was making progress in talks with Moscow and Belgrade on building a new oil pipeline between Hungary and Serbia. Szijjarto said, “While Brussels is blocking Russian energy supplies, cutting off connections, and blocking routes, we need new sources and new routes. Hungary will not fall victim to […]
China’s Great Wall Motors (GWM) will build a new plant for the production of automobile components and transmissions in Russia’s Tula Region. GWM and the regional government signed the agreement on the sidelines of the St. Petersburg International Economic Forum in June. The plant, which will create 1,000 jobs, will be built at the Uzlovaya […]
The Chinese car manufacturer Changan has stopped producing its cars at the Avtotor plant in Kaliningrad and now plans to supply its cars to Russia from Kazakhstan. The first deliveries are scheduled for autumn 2025, with the Changan CS55 Plus crossover the first to be imported into Russia. The cars will be assembled at the […]
Russia shipped a record amount of pork to North Korea in H1 this year, with exports from January to June amounting to 1,200 tons, according to the Russian Agroexport Center. This is more than double the total of 700 tons exported for all of 2024. Agroexport said that other Russian agricultural goods exports to North […]
Russia’s precious metals exports to China nearly doubled in the first half of 2025, with gold leading the way as prices continue to soar. Shipments of Russian gold, silver, and other ores sent to China shot up by 80% compared to the same period last year. The jump lines up with a sharp rally in […]
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Russian Post has announced that it has resumed “parcel shipments” to North Korea, reestablishing a postal connection that has been suspended since 2020 due to the Covid pandemic. Russian Post carried out several test deliveries in May, and said that individuals and companies can now send packages weighing up to 20 kg. They stated that […]
Russia is targeting large markets in Vietnam, Indonesia, Malaysia, the Philippines, and Bangladesh for grain exports, according to Ilya Ilyushin, head of state export agency Agroexport. The new grain marketing season began on July 1. Russia is the world’s largest wheat exporter and is seeking to diversify agricultural exports beyond traditional buyers such as Egypt […]
Türkiye’s aquaculture exports reached US$217 million in H1 2025, with Russia and Belarus emerging as the leading buyers, according to data compiled from the Aegean Fisheries and Animal Products Exporters’ Association. Turkish salmon emerged as the fastest-growing product in Türkiye’s aquaculture sector. Russia previously sourced its salmon from European nations such as Norway, but sanctions […]
Steelmakers in Russia’s Chelyabinsk Region have shipped product to Iraq in the first half of 2025 for the first time in almost three years, according to the Chelyabinsk regional customs service. Andrey Gursky, acting head of the Chelyabinsk Customs Office, stated, “The Chelyabinsk Customs Office pays special attention to our metallurgical enterprises and actively promotes […]
WhatsApp might be blocked in Russia as early as August 2025, according to some media. Russian federal and municipal authorities are transferring their chats from WhatsApp and, in some cases, Telegram to the MAX app The Kremlin believes that the risks of Telegram being blocked are significant, thus the concern of losing the large […]
Based on current GDP growth trends, the Russian-backed Commonwealth of Independent States is likely to reach GDP economic parity with the European Union and may even overtake it, by 2050. The current GDP (PPP) of the European Union is €25.09 trillion, with a current average growth rate, according to the World Bank, of 1.2%. The […]
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