Asia

Russia – Japan Total Trade Down, But Russian Exports To Japan Up

Asia, China, Russian Market, Trade

The practical difficulties of imposing sanctions upon Russia on an economy are adequately shown in Russia’s 2024 bilateral trade data with Japan, which has declined by 15.9% during 2024. However, a closer look at the data reveals that the trade damage inflicted has been on Japanese products – its exports to Russia were down 22.2%, […]

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Sri Lanka

Russia Ships Fertilizer Aid To Sri Lanka 

Agriculture, Asia, Exports, Logistics & Transport

Russia’s Uralchem Group has delivered a humanitarian shipment of 55,000 tonnes of fertiliser to Sri Lanka. The shipment arrived in Colombo on December 12, and has been handed to the Sri Lankan government for distribution to its agricultural sector. The country has faced agricultural shortages since a previous administration inexplicitly banned the importation of fertilizer

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Rubber

Asia’s Rubber Exports To Russia To Decline As SIBUR Looks To Introduce Synthetics

Asia, Imports, Investment, Russian Market

Russia’s SIBUR, a major integrated petrochemicals company, is finalizing tests of experimental tires made with synthetic rubber instead of natural rubber in collaboration with its partners and plans to present the results in 2025. Daria Borisova, SIBUR’s Managing Director for Development and Innovation, said that preliminary results from bench, test site and durability tests confirm

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Russia Relaxes Visa Requirements For Another Eleven Countries: The Demographics 

Africa, Asia, Infrastructure, Russian Market, Trade

Russia has announced an expansion of the list of countries whose nationals are eligible for its single-entry electronic visa (e-visa), including three African countries: Kenya, Eswatini, and Zimbabwe. The move is expected to improve travel between Russia and countries concerned, boosting tourism, business, and cultural exchanges. Russian Prime Minister Mikhail Mishustin signed an order on

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EDB

Eurasian Development Bank To Provide Islamic Financing From 2025

Asia, Economy, Finance, Investment, Trade

The Eurasian Development Bank (EDB) aims to introduce Islamic financing instruments by mid-2025, according to Ruslan Dalenov, the Deputy Chairman of the Management Board. The EDB is exploring new avenues to expand its product portfolio, with Islamic financing emerging as a key focus, Dalenov said. The bank believes that implementing these tools could attract up

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Direct Russia-Pakistan Rail Services As Part Of INSTC Network

Asia, Infrastructure, Logistics & Transport, Trade

Russia and Pakistan are set to be linked by a new freight train line as bilateral talks expand, Islamabad’s Energy Minister Awais Ahmed Khan Leghari has stated in an interview, saying that  “It is planned to launch the first train along the North-South logistics route to transport products from Russia to Pakistan as early as

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PIA_1

Direct Russia-Pakistan Air Services Being Discussed

Asia, Infrastructure, Logistics & Transport, Trade

Russia and Pakistan are discussing a regular air service between the two countries, and intend to increase the frequency of flights and broaden their geographic reach, according to Sergey Zverev, the Russian Deputy Minister of Transport. That will introduce a direct air service between Moscow and Islamabad. The statement was made after the Russia-Pakistan intergovernmental

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Russia To Increase Involvement and Invest In Pakistan’s Oil Industry

Asia, Energy, Exports, Shanghai Cooperation Organisation, Trade

Russia’s Energy Minister Sergey Tsivilyov, has stated that Russia is exploring participation in the upgrade of oil refineries in Pakistan. He was speaking after the meeting of the intergovernmental commission on trade and economic cooperation of Russia and Pakistan, and said that “In the energy sphere, we are already supplying oil to Pakistan. We also

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South Koreans Protest Against Presidential Imposed Martial Law Against North Korea

Asia, Security

Implications for EU politicians sanctioning and demonizing Russia South Korea has been unexpectedly plunged into political turmoil, with the military called out to intervene after its President, Yoon Suk Yeol, issued a national order declaring martial law in the country. Yoon had blamed North Korean infiltrators for creating a state of emergency. In reality, martial

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North Korea

Russia-North Korea Border Crossing Undergoing Significant Upgrades

Asia, Infrastructure, Logistics & Transport, Security, Trade

The only effective sole border crossing between Russia and North Korea, the Khasan/Tumangan railway checkpoint, has become fully operational and is undergoing significant upgrades to boost capacity. The crossing was closed during the Covid pandemic and only reopened, with limited services, in November 2022. With Russia-North Kore trade in weapons and energy now reaching record

Russia-North Korea Border Crossing Undergoing Significant Upgrades Read More »

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