Russia and North Korea have resumed ordinary postal services for the first time since 2020. We have a quick look at their respective postal services infrastructure.
Russian Railways (RZD) has announced they are looking at new development markets in friendly countries in Africa, the Middle East, Asia and Latin America. The company already has numerous international projects and is looking to develop more to feed Russia’s global trade expansion plans.
Russia’s largest Oil Services company, Burservice, previously part of Halliburton, has extensive plans to establish operations in ‘friendly’ countries throughout Africa and Asia. Since Halliburton exited Russia in 2022, Burservice have made record profits and continue to expand.
President Putin has met with the Crown Prince of Abu Dhabi, Khaled bin Mohamed bin Zayed Al Nahyan, in New Delhi. The two sides have plenty of development issues to discuss. The UAE-EAEU Free Trade Agreement commences next month, while Russia and the UAE commenced their extensive Trade in Services and Investment Agreement last month. Trade between the two sides is at record levels but is about to undergo a significant, global logistics changing metamorphosis – the Joint Venture between Russia’s FESCO Transport and the UAE’s DP World has created the world’s largest logistics business. This will fundamentally alter Middle Eastern and Asian trade flows, while completely reinventing the UAE economy.
Russia’s SberMedicalAI is making inroads into medical markets in the Middle East and Asia with a new, AI powered mirror diagnostic device that detects changes in facial appearance and can analyse changes in blood pressure, pulse, elasticity of the vascular wall, stress and fatigue levels, body mass index, risk of type II diabetes, as well as cholesterol and glycated hemoglobin levels.
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The second Russia-China Forum has just finished In Khabarovsk, a cross-border event that links the Russian Far East with China’s industrial Northeast. This has particular relevance for Russia’s Khabarovsk, Krasnoyarsk and Irkutsk regions, and their connectivity with China’s Heilongjiang, Jilin and Liaoning Provinces, as well as their additional neighbouring regions. We provide a detailed overview of the regional trade and investment, including the significant infrastructure developments taking place right along this border.
The Eastern Economic Forum in Vladivostok has concluded with a huge US$79 billion worth of agreements signed. With significant delegations from China, India, South Korea, Japan, Mongolia and the ASEAN countries all involved, we deep dive what investments are being made and where, the status of the announced deals, and the overall impact this significant event will have on the Russian Far East’s integration into the rest of Asia – as well as the issues to overcome. This is essential reading for anyone involved in East Asian affairs.
Russia and North Korea have opened a new road bridge across the Tumen River that is capable of processing 300 vehicles and 2,300 cross-border travellers every day. It significantly improves bilateral trade connectivity.
Russia’s Sberbank has launched an overseas crypto payment scheme for its corporate clients conducting international trade and investment. The Russian Central Bank authorised the method from September 1 with the mechanism likely to be a considerable game changer in global trade flows.
The Russian and Mongolian Presidents have met in Bishkek, with multiple projects underway between the two countries. These include nuclear power, rail connectivity, a free trade agreement, and the building of a new capital city. Mongolia’s unique position between Russia and China is about to pay dividends.
The Russian Finance Minister, Anton Siluanov, has been attending the G20 annual Finance Ministers meetings in North Carolina, the first time a Russian delegation has been present since 2022. We examine what was discussed, the global economic policy outcomes and Russia’s current status in global economic affairs.
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