Russia-China bilateral trade has exceeded US$200 billion for three consecutive years, with China remaining vital for Russia’s economy. Key exports for Russia are oil and gas, while China sends cars, electronics, and industrial components, with both nations deepening strategic cooperation and substantial joint infrastructure projects and connectivity despite global pressures. The trade mix however is changing as Russia looks to access markets deeper into the country and its significant Central and Southern populations.
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The Northern Sea Route (NSR), which runs along the Russian Arctic shore, is rapidly turning into an efficient global logistics route, according to Vladimir Panov, of the Arctic Dept. of Rosatom. Panov stated that “The Northern Sea Route is developing rapidly, turning into a viable and efficient global logistics route. This is driven by various […]
The planned seaport of Naiba in Yakutia’s Bulunsky District is intended to become a key location of the Trans-Arctic Transport Corridor, according to Aisen Nikolaev, Yakutia’s Governor. He said “We are aware of the order from President Vladimir Putin to work on formation of the Trans-Arctic Transport Corridor as an integrated logistics project for the […]
China’s Jilin Province Logistics Group and Russia’s RZD Logistics have signed an agreement that aims aim to develop a new Eurasian logistics artery along a cross-border route that will connect the city of Changchun (the administrative centre of China’s Jilin province), the Hunchun cross-border checkpoint in Jilin, and Moscow. The agreement provides for several initiatives […]
During his speech at the Central Asia-Russia Summit in Dushanbe last week, Kazakh President Kassym-Jomart Tokayev highlighted the strengthening of transport and logistics ties with Russia as a priority area of cooperation. Tokayev said “For Kazakhstan, cooperation with Russia is strategically vital. In view of the geographic factor, Kazakhstan can ensure a stable connection between […]
Sinopec’s Soihl Hong Kong Holdings have purchased 217,847,910 (8.5% of the total equity) shares in SIBUR from Soihl Cyprus Investment Limited, also a subsidiary of Sinopec, the Chinese state-owned Petrochem giant, moving the SIBUR equity holding away from the EU to Hong Kong. The transfer was made following a decree issued by Russian President Vladimir […]
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The Russian Foreign Minister Sergey Lavrov held his annual meeting on Monday (October 13th) with the heads of the four diplomatic missions of the Caspian states. In attendance were Azerbaijani Ambassador Rahman Mustafayev, Iranian Ambassador Kazem Jalali, Kazakh Ambassador Dauren Abayev, and Turkmen Ambassador Esen Aidogdyev. The meeting was also attended by G.B. Karasin, Chairman […]
The Netherlands’ seizure of China’s privately held Nexperia semiconductor manufacturer is, we believe, a test run of any potential geopolitical fallout of Belgium’s Euroclear seizing Russia’s frozen capital—an issue that has divided the EU, with those suggesting it should go ahead and others warning of significant repercussions. Nexperia is based in the Netherlands and has […]
The Heads of State of the Commonwealth of Independent States member countries have approved the creation of the CIS Plus platform at the Dushanbe summit, according to a list of documents signed following the summit published by the Kremlin. In addition to declarations and concepts on security issues—counterterrorism and military cooperation—the leaders also adopted a […]
The local government of Russia’s Jewish Autonomous Oblast (JAO) have signed a letter of intent on building a new cross-border road bridge across the Amur River. It will connect Pashkovo in Russia with Jiayin city across the border in China. The total length of the new bridge exceeds one kilometre, with the Russian part of […]
Russia is to introduce a reciprocal visa-free regime with China, Saudi Arabia and Malaysia, according to a Government strategic session on tourism development. A simplified visa regime with these countries should attract an additional two million foreign tourists. The number of foreigners visiting Russia is projected to grow from 5 million at present to 11 […]
China’s imports of sunflower meal and cake from Russia grew by 2.3 times in the first eight months of this year to reach 658,000 tonnes, valued at US$203 million, according to data from China’s General Administration of Customs. The largest volumes purchased were for sunflower meal and cake, at 355,000 tonnes, while supplies of rapeseed […]
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