Asia Archives - Page 33 of 38 - RUSSIA'S PIVOT TO ASIA

Featured February 20, 2025

Russia Looking At LNG Exports & Investments With Indonesia & Malaysia

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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Featured February 16, 2025

Russia Engages With Indonesian Navy In Joint Exercises Off Bali

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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February 14, 2025

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

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 […]

February 11, 2025

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

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 […]

February 10, 2025

Trade With Southeast Asia and Latin America Now Accounts for 70% of Russia’s Exports & Imports: Foreign Ministry Interview

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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February 6, 2025

Russian’s Spending More Tourist Dollars On Overseas Trips

Russian spending on trips abroad has exceeded pre-2019 record levels, according to the Russian Central Bank. In 2024, Russian nationals spent almost US$38 billion on travel to other countries, overtaking the previous record by US$1.5 billion. Among the main reasons for the growth of the Russian overseas tourism sector are the availability of new destinations […]

February 5, 2025

Indonesia Wants To Join BRICS Online Platform Initiative

Indonesia is keen in participating in the BRICS online platform initiative, Indonesian Culture Minister Fadli Zon has stated, in an interview marking the 75th anniversary of the establishment of diplomatic ties between Russia and Indonesia. In October 2024, Olga Lyubimova, the Russian Minister of Culture proposed creating a unified BRICS online platform to share films, […]

February 4, 2025

New Dagestan Grain Terminal To Be Built To Service Central Asia & The Middle East

A new grain terminal with a capacity of 1.5 million tonnes per year is to be built in Makhachkala Port (Dagestan) during 2025, according to Dzhambulat Salavov, the Dagestan Minister of Transport and Road Management. He was assessing the department’s tasks for 2025. In addition, major repairs, reconstruction of existing berths and construction of an […]

February 4, 2025

Aeroflot To Begin Flights To Nha Trang On Vietnam’s East Coast From March

Aeroflot plans to launch flights to the Vietnamese resort city of Nha Trang in March this year, company CEO Sergei Aleksandrovsky has stated, saying “We plan to open a new route to Vietnam, to the city of Nha Trang, at the end of March. We also plan to expand our regional flight program to Hainan […]

February 3, 2025

Russia To Build Road Bridge Into North Korea

The Russian government has contracted for the design and construction of a road bridge over the Tumannaya River in Primorsky Krai on the border with North Korea, which is to be built by December 31, 2026. The order was signed by Russian Prime Minister Mikhail Mishustin. TonnelYuzhStroi has been designated as the sole contractor of […]

January 31, 2025

The United States Bilateral Trade With The BRICS: Country By Country Analysis

The United States President, Donald Trump, has stated on his social media account that he intends to place 100% tariffs on all imports into the United States from BRICS countries if they discontinue using the US dollar in their multilateral trade relations and revert to using their own currencies. In this article we examine the […]