The Russian Fishery Shipowners Association (FSA) has said that Russia exported more than 1 million tonnes of frozen fish in 9M 2024, accounting for 17.4% of global exports compared to 16.2% at the end of 2023, following an analysis of global fish export statistics. The FSA said that “Frozen fish remains the main product of […]
Russia’s Ministry of Agriculture Agroexport Center has said that Russia exported dairy products worth US$370 million in 11M 2024, up 20% year-on-year. More than 30% of these export revenues came from cheeses and cottage cheese, 22% from fermented dairy products, 14% from ice cream, 11% from powdered milk, 9% from milk and cream and 6% […]
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’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 […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
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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