Asia

Trade

Trade With Southeast Asia and Latin America Now Accounts for 70% of Russia’s Exports & Imports: Foreign Ministry Interview

Asia, BRICS, Eurasian Economic Union, Finance, Latin America, Trade

Trade with the economies of Southeast Asia and Latin America already accounts for more than 70% of Russia’s export-import transactions, and the share of settlements in national currencies under foreign contracts with them is about 90%, according to Alexander Pankin, the Russian Deputy Foreign Minister. He emphasized that Moscow will continue to deepen cooperation with […]

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Tourism

Russian’s Spending More Tourist Dollars On Overseas Trips

Asia, Economy, Exports, Logistics & Transport, Middle East, Russian Market, Trade

Russian spending on trips abroad has exceeded pre-2019 record levels, according to the Russian Central Bank. In 2024, Russian nationals spent almost US$38 billion on travel to other countries, overtaking the previous record by US$1.5 billion. Among the main reasons for the growth of the Russian overseas tourism sector are the availability of new destinations

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BRICS Online Platform

Indonesia Wants To Join BRICS Online Platform Initiative

Asia, BRICS, Infrastructure

Indonesia is keen in participating in the BRICS online platform initiative, Indonesian Culture Minister Fadli Zon has stated, in an interview marking the 75th anniversary of the establishment of diplomatic ties between Russia and Indonesia. In October 2024, Olga Lyubimova, the Russian Minister of Culture proposed creating a unified BRICS online platform to share films,

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Dagestan

New Dagestan Grain Terminal To Be Built To Service Central Asia & The Middle East   

Asia, Exports, Infrastructure, Logistics & Transport, Middle East, Trade

A new grain terminal with a capacity of 1.5 million tonnes per year is to be built in Makhachkala Port (Dagestan) during 2025, according to Dzhambulat Salavov, the Dagestan Minister of Transport and Road Management. He was assessing the department’s tasks for 2025. In addition, major repairs, reconstruction of existing berths and construction of an

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Nha Trang

Aeroflot To Begin Flights To Nha Trang On Vietnam’s East Coast From March 

Asia, Exports, Logistics & Transport, Russian Market, Trade

Aeroflot plans to launch flights to the Vietnamese resort city of Nha Trang in March this year, company CEO Sergei Aleksandrovsky has stated, saying “We plan to open a new route to Vietnam, to the city of Nha Trang, at the end of March. We also plan to expand our regional flight program to Hainan

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North Korea

Russia To Build Road Bridge Into North Korea  

Asia, Infrastructure, Investment, Logistics & Transport, Security, Trade

The Russian government has contracted for the design and construction of a road bridge over the Tumannaya River in Primorsky Krai on the border with North Korea, which is to be built by December 31, 2026. The order was signed by Russian Prime Minister Mikhail Mishustin. TonnelYuzhStroi has been designated as the sole contractor of

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BRICS-US

The United States Bilateral Trade With The BRICS: Country By Country Analysis

Africa, Asia, BRICS, China, India, Latin America, Middle East, Trade

The United States President, Donald Trump, has stated on his social media account that he intends to place 100% tariffs on all imports into the United States from BRICS countries if they discontinue using the US dollar in their multilateral trade relations and revert to using their own currencies. In this article we examine the

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LNG

Asia Now Buys 45% Of All Russian LNG, The European Union Purchased A Record 52% In 2024 

Asia, China, Energy, Exports, Trade

Russia exported a record 33.6 million tons of liquefied natural gas (LNG) last year, more than half of which went to the EU market, with Asia a close second, according to data from Belgium based, global analytics firm Kpler. The figure represents an increase of 4% from the previous record of 32.9 million tons set

Asia Now Buys 45% Of All Russian LNG, The European Union Purchased A Record 52% In 2024  Read More »

East Asia

Russia’s Pivot To Asia: New 2025 Guide To China & East Asia Out Now   

Asia, China, Exports, Imports, Infrastructure, Investment, Security, Trade

Russia’s Pivot To Asia has published its 2025 Guide To East Asia, which includes detail of Russia’s geopolitical, trade and investment relations with China, Taiwan, Hong Kong and Macau, in addition to North and South Korea, as well as Japan. It also includes a detailed breakdown of the Russian Far East and especially its East

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