Asia

Singapore EAEU

Is The Postponed Singapore-Eurasian Economic Union Free Trade Agreement Coming Back To Life?

Asia, BRICS, Eurasian Economic Union, Trade

The proposed Singapore-Eurasian Economic Union Free Trade Agreement is showing signs of reactivating after Kazakhstan’s Senate passed a bill ratifying the deal at a plenary meeting on Thursday (December 19). It was originally signed in Yerevan on October 1, 2019. The agreement, which has been indefinitely postponed by Singapore since early 2022, had been mothballed […]

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HCMC Port

Russia’s FESCO Shipping Sets Up In Vietnam

Asia, Exports, Imports, Logistics & Transport, Trade

Russia’s FESCO Transportation Group has opened a subsidiary enterprise in Vietnam to develop maritime and intermodal container transportation in Southeast Asian countries, the company has said. DBF Logistics Vietnam will ensure the smooth operation and development of the group’s services in Vietnam, including the regular FESCO Vietnam Direct Line which connects Vladivostok with the ports

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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%,

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

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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