China

Russian Rail

Russian Rail Freight Traffic To China Increases By 18% In 7M 2024 

China, Infrastructure, Logistics & Transport, Trade

Russian Railways has reported that between January-July 2024, cargo transportation in both directions through various railway crossings on the Russian-Chinese border increased by a total of 18.2% compared to the same period in 2023 – up to 23.8 million tonnes. That is broken down into Chinese export volumes to Russia amounting to 1.6 million tonnes […]

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Moscow Hosting BRICS International Municipal Forum   

Africa, BRICS, China, Energy, India, Infrastructure, Investment

Moscow is hosting the BRICS International Municipal Forum (IMBRICS) from August 27/28, an event that is bringing together city mayors and related municipal officials from 126 countries, 89 Russian regions and 500 cities to discuss and share information on municipal and urban planning. The Government of Moscow is acting as the General Partner of the IMBRICS

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Belarus and China to Sign Technology Investment and Services Free Trade Agreement 

China, Finance, Logistics & Transport, Trade

Belarus and China are to sign a Free Trade Agreement covering services and investment, Belarusian President Alexander Lukashenko said at a meeting with Chinese Premier Li Qiang in Minsk on Thursday (August 22). Lukashenko said that “Our two parties will sign documents formalizing plans for their future partnership in key areas. One of them is

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3PL

China Suppliers Sending Russian Market Goods Via Third Party Countries

China, Finance, Logistics & Transport, Trade

Some Chinese supplies to Russia are switching to third-party, rather than direct routes for sending goods to Russia due to difficulties with sanctions and logistics. Western governments have issued ‘stop’ notices on numerous products to Russia, including electronic and so-called ‘dual-use’ items, which if ignored can result in sanctions being imposed on Chinese suppliers themselves

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Murmansk Port

Russia To Prioritise Development Of Five Arctic Ports & Three Connecting Rivers 

China, Infrastructure, Logistics & Transport, Trade

Russian presidential aide Nikolai Patrushev, who oversees the country’s national maritime policy, has stated that the Arctic ports of Murmansk, Arkhangelsk, Dikson, Tiksi and Pevek are the priority developments to allow the Northern Sea Route (NSR) to become one of Russia’s main transport arteries. This needs to be carried out in conjunction with the development

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Dragon Wall

FESCO Launches Bulk Cargo Maritime Freight Service from Shanghai to St. Petersburg

China, Logistics & Transport, Trade

Russia’s FESCO Transport Group has launched a regular marine service for the delivery of bulk cargoes from Shanghai to St. Petersburg, the company has said. This includes services for the collection of goods from warehouses within a radius of up to 300 km from Shanghai. The first container ship within the framework of the service

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Russia BRI

China’s Belt & Road Initiative In Russia

China, Finance, Infrastructure, Investment

China’s main thrust into the potential of investing in Russia as part of its global Belt & Road Initiative (BRI) overseas investment and infrastructure plan essentially began in 2018, when the Chinese government published its “China-Russia Cooperation and Development Plan for the Russian Far East (2018-2024).” This is a programmatic policy document guiding cooperation between

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Russia Mongolia Flag

Russia & Mongolia 2024 Latest: Joint Venture Mineral Mining and December Free Trade Agreement

China, Eurasian Economic Union, Logistics & Transport, Trade

Russia and Mongolia are compiling a list of mineral resource sites for joint geological exploration in their border area under agreements reached at a meeting of their intergovernmental commission for trade and economic cooperation, according to Alexander Kozlov, the Minister of Natural Resources and Ecology of Russia. Kozlov stated that “Mineral resource use has recently

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Barter

Russia and China To Conduct First Barter Trade Deals In September / October  

China, Finance, Trade

Moscow and Beijing are looking to a barter trade system to overcome the hesitancy of Chinese banks to run foul of US sanctions in conducting cross-border financial transactions with Russia. The moves, which are expected to be temporary, come as the two sides are trying to limit the transactional use of the SWIFT banking system.

Russia and China To Conduct First Barter Trade Deals In September / October   Read More »

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