Russia’s non-resource, non-energy exports are adapting to new conditions and strengthening their positions in the eastern and southern markets. In 2024, the positive balance of foreign trade increased by almost 8%, with exports to Africa and Asia continuing to grow. Export development reflects the potential of the domestic industry: Russian companies produce more than the […]
Russia’s FESCO Transportation Group has launched a direct rail service, the “Vietnam Shuttle” from Vietnam to Moscow via China and Mongolia in partnership with logistics operator Ratraco (a subsidiary of Vietnam Railways), the company has said. The average transit time along the Vietnam Shuttle route is 35 days. Departures from Vietnam are carried out weekly. […]
Conflict has broken out between Thailand and Cambodia, regarding long-disputed land borders and certain temples. The problems began with a Thai soldier being wounded by a Cambodian land mine and have escalated. As of Friday, (July 25) an estimated 15 civilians have died with 138,000 Thai nationals being evacuated from the border region. Fighting has […]
Russia has imposed an immediate halt on foreign oil tanker loadings at its key Black Sea export hubs, citing a new port security decree that requires Federal Security Service (FSB) clearance for all foreign vessels—a move that will disrupt over 2% of global crude supply. The restriction, which took effect immediately following President Vladimir Putin’s […]
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 […]
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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 […]
Japan has begun ‘reinterpreting’ its sanctions on purchases from Russia, with a variety of products being reassessed and permitted to be traded. The reasons range from waivers due to Japanese strategic requirements and its domestic needs, to re-evaluating sanctions terminology and a prior over-strict approach to which products were included. Japanese Government Imports Oil From […]
The Russian President, Vladimir Putin has said that Russia is considering the issues of building access roads to the state border with Kazakhstan, Mongolia, China and North Korea. He was speaking at the opening ceremony of the M-12 Vostok (East) Highway. Putin stated “We are going to continue proactively develop the Vostok route. It should […]
Russia’s FESCO Transport Group have organised the dispatch of the first container train on the Vladivostok Nizhnekamsk (Tatarstan) route with imported goods for businesses in the Kama Economic Zone. The Kama Economic Zone is a key component of Tatarstan’s economic strategy, focusing on industrial and production activities within the region. It’s a designated area aimed […]
Russia’s Lukoil Uzbekistan Operating Company LLC has announced a tender to complete research work on the topic of features of the geological structure and oil and gas potential of the Cretaceous deposits at the Kandym uplift of the Chardzhou step in Uzbekistan. The tender documentation indicates that the work will be conducted in six stages […]
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