Asia Archives - Page 23 of 29 - RUSSIA'S PIVOT TO ASIA

Russia Increases Far East State Development PPP Budgets

Asia, Economy, Infrastructure, Investment

Russian Prime Minister Mikhail Mishustin has signed a decree increasing funding for projects aimed at developing economic growth centres in the Russian Far East by another ₽32 billion (US$360 million). The total amount available in the state budget is now ₽73.3 billion (US$830 million). Mishustin said “This will ensure federal co-financing for projects implemented under […]

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Russia-Myanmar 2025 Trade & Investment: Update

Asia, Energy, Exports, Infrastructure, Investment, Trade

Maxim Reshetnikov, the Russian Economic Development Minister and Kan Zaw, Myanmar’s Investment and Foreign Economic Relations Minister have signed a memorandum on investment cooperation in Myanmar’s Dawei Special Economic Zone. The document was signed at the fifth intergovernmental Russian-Myanmar commission for commercial and economic cooperation during the Russian delegation’s official visit to Naypyidaw, Myanmar’s capital

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Russia-Pakistan Direct Rail Freight Service To Begin In March

Asia, Exports, Imports, Infrastructure, Logistics & Transport, Trade

Freight rail transportation between Russia and Pakistan is scheduled to begin from March 2025, according to the Russian Ministry of Transport. The announcement was made following the results of the Third Caspian Economic Forum in Tehran, during which Russia and Iran signed a Practical Action Plan for cooperation in the transport sector for 2025. This

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Russia’s FESCO Adds Vladivostok Shipping Capacity To South Korea’s Gwangyang Port

Asia, Exports, Infrastructure, Logistics & Transport, Trade

Russia’s FESCO Transport has begun regular ship calls from Vladivostok to South Korea’s Gwangyang port as part of the expansion of the FESCO Korea Soviet Direct Line (KSDL) route. The cargo flow to Gwangyang is mainly Russian timber industry products, which are delivered to various industries in the country. The main KSDL route connects Vladivostok

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New Russia-Thailand Shipping Route Connects Novorossiysk With Bangkok

Asia, BRICS, India, Infrastructure, Logistics & Transport, Trade

A new logistics line for commercial transportation, dubbed the “Thai Express” will connect Russia’s Novorossiysk Port to Bangkok. It has been created by A7 Holdings and Novostal-M, with the first ships of the Thai Express to commence service from July this year. Delivery will take at least 30 days. In addition, the cargo turnover from

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Russia Looking At LNG Exports & Investments With Indonesia & Malaysia

Asia, BRICS, Energy, Exports, Trade

Russia is discussing LNG supplies and development investments with Indonesia and Malaysia, according to Roman Marshavin, Russia’s Deputy Energy Minister. Indonesia and Malaysia have Asia’s largest liquefied natural gas capacity, with the latter ranking fifth worldwide in exporting LNG in 2023. However, their capacity is underutilized, and both countries are experiencing depletion of their resource

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Russia Engages With Indonesian Navy In Joint Exercises Off Bali

Asia, BRICS, Economy, Security

The Russian Navy has sent some of its Pacific Fleet ships to the Indonesian island of Bali to participate in the international exercise Komodo-2025. The Russian ships travelled more than 6,000 nautical miles, conducted a number of exercises and visited the Chinese Far Eastern port of Qingdao. As part of the exercises, the sailors of

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Russia’s FESCO Adds Huge Malaysian Port To Its ASEAN Operational Supply Chains

Asia, Exports, Logistics & Transport, Trade

Russia’s FESCO shipping has added a new port of call – Pasir Gudang (Malaysia) – to expand the geography of the regular line between Malaysia and Vietnam through FESCO Intra Asia Service (FIAS), the company said in a statement. FESCO Intra Asia Service (FIAS) is a regular sea route from Vietnam to Malaysia and vice

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Russian Foreign Ministry: “Developing Trade With Asia Is A Key Task”

Asia, Trade

Advancing practical cooperation with Asian states is among Russia’s key tasks, Russian Deputy Foreign Minister Andrei Rudenko has said, to mark ‘Diplomat’s Day’ yesterday (February 10). “Advancing practical cooperation with Asian states is listed among key tasks. Despite the unprecedented pressure of the collective West on our partners and the illegitimate anti-Russian sanctions, trade and

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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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RUSSIA'S PIVOT TO ASIA

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