The Maritime Board of Russia, which celebrates one year since its establishment on August 13, 2025, is focusing its work on the implementation of strategic international transport projects—the Transarctic Transport Corridor (TTC) and the North-South International Transport Corridor (ITC), according to Nikolai Patrushev, Assistant to the President and Chairman of the Board. Patrushev said that […]
Russian exports of sunflower oil to Turkiye increased 17% in volume terms, reaching over 560,000 tonnes worth US$640 million in January-July 2025, according to the Russian Agroexport Federal Centre. Turkiye ranks second among the top importers of Russian sunflower oil. The top three buyers also include Iran in first place and India in third. Russia […]
Russia and Ecuador have been at some loggerheads concerning Russian imports of Ecuadorean bananas, with complaints concerning quality issues ongoing between the two countries. Ecuador is Russia’s largest supplier of the fruit, with exports to Russia reaching about 1.4 million tonnes worth over US$1 billion annually. To help resolve the situation, Ecuador is now prepared […]
The Ukrainian President, Volodymyr Zelensky, has insisted that several regions of Ukraine are not to be negotiated over, and remain Ukrainian under Ukraine’s constitution. We examine these areas and provide a practical status overview of each of them. Donetsk People’s Republic The Donetsk People’s Republic, (DPR), also referred to as Donechchyna, covers some 26,517 km2 […]
The Russian President, Vladimir Putin, used his trip to Alaska to meet US President Trump to additionally visit the Russian Far East regions of Magadan and Chukotka. (We commented on the Putin/Trump summit exclusively on our X account here). These regions are the farthest east of the entire Russian landmass, while overall the Russian Far […]
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The heads of government of Eurasian Economic Union (EAEU) countries have approved a program for developing trading on a Common Commodity Exchange, according to the Eurasian Economic Commission (EEC). The EAEU includes Russia along with Armenia, Belarus, Kazakhstan, and Kyrgyzstan. It has numerous free trade agreements with other countries, including Iran and Vietnam. The EEC […]
Russia is carrying out survey work for the construction of the Rasht-Astara railway on land plots already purchased by the Iranian government, Deputy Prime Minister Alexei Overchuk has stated. The purchase of the remaining land was the subject of negotiations during the meeting between Russian Prime Minister Mikhail Mishustin and Iranian First Vice President Mohammad […]
A new Russian presidential decree, signed by Vladimir Putin, providing investment guarantees for new investments by non-residents has generated substantial interest, including from investors in unfriendly countries, according to Russian Deputy Finance Minister Alexei Moiseyev. On July 1, President Vladimir Putin signed decree no. 436 on “Additional Guarantees for Foreign Investors’ Rights”. It stipulates the […]
Russia’s Rusal, the country’s largest aluminium producer, has completed the first stage of a deal to buy a stake in Indian alumina refinery Pioneer Aluminium Industries, acquiring a 26% interest for US$243.75 million. Rusal reported the deal in its most recent financial statement. The company is the world’s second largest aluminium manufacturer, accounting for almost […]
Russia’s Ural Automobile Plant, based in Chelyabinsk, has begun constructing a new foundry complex with an investment of ₽9.5 billion (US$118.8 million), according to the Russian Industrial Development Fund (IDF). The fund provided the plant with a ₽5 billion preferential loan for implementing the project, with the foundation stone laying ceremony held last week. The […]
Russia’s Segezha Group in Siberia has doubled its wood pellet production year-on-year to 61,000 tonnes in January-June 2025, the group has stated. The company has almost tripled its pellet sales to 70,600 tonnes in H1, up from 25,200 tonnes in H1 2024. The main purchaser was South Korea, to which the company supplied more than […]
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