Including Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan and an associate in Turkmenistan, the CIS is a Eurasian trade bloc that achieved about US$125 billion in multilateral trade in 2025, with an average GDP growth rate of approximately 4.7%. Key developments include new trade platforms (CIS Plus), focus on infrastructure like the CKU railway, and expansion of free trade agreements, especially for services, enhancing regional economic integration within Eurasia and beyond. Understand the CIS market for business. Get analysis on trade regulations, economic integration, and cross-border investment opportunities within this key post-Soviet economic zone.
Supplies of Russian gas to consumers in Central Asia (Kazakhstan, Uzbekistan, and Kyrgyzstan) grew 20% in 2025, according to Alexei Miller, the Gazprom Management Board Chairman. He was speaking when summing up preliminary results for the year. Miller stated that Gazprom continues to develop its cooperation with Central Asian countries. An agreement was signed to […]
The Supreme Eurasian Economic Council (SEEC) meeting in St. Petersburg on December 21, 2025 was not an ordinary summit. It was a defining moment in the economic evolution of the Eurasian Economic Union (EAEU), one that affirmed its central role in shaping economic stability, trade connectivity, investment flows, and macroeconomic governance amid global turbulence. The […]
The Asian Development Bank (ADB) is to lend Azerbaijan US$325 million to electrify and modernize the signalling and telecommunications system of the railway from Bilajary to Yalama on the border with Russia, the bank has stated. ADB said “This railway is part of the International North-South Transport Corridor, which is used for export and import […]
The integration of the Donetsk and Lugansk People’s Republics and the Zaporozhye and Kherson regions into the Russian transport system has been discussed by the Russian Legislative Council. Konstantin Pashkov, the First Deputy Minister of Transport, stated that the primary task is the full integration of these regions into the national system. Much of this […]
The Eurasian Development Bank (EDB) has released a Eurasian Transport Framework (ETF) Observatory, being an analytical tool for monitoring and systematising infrastructure projects related to Eurasian international transport corridors and routes, covering 13 countries: Azerbaijan, Armenia, Afghanistan, Belarus, Georgia, Iran, Kazakhstan, Kyrgyzstan, Mongolia, Russia, Tajikistan, Turkmenistan, and Uzbekistan. It currently lists 325 projects at various stages of implementation, […]
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A new chapter in trade, connectivity, and strategic partnership with Turkmenistan has been marked by President Putin’s visit to Ashgabat during his meetings Gurbanguly Berdimuhamedov, the Turkmen President on December 12 and 13. Like India’s Narendra Modi did last week, Berdimuhamedov met Putin directly off his aircraft as it landed in Ashgabat, a gesture that […]
This week’s meeting of the Russia-Uzbekistan Intergovernmental Commission on Economic Cooperation in Tashkent has illustrated that the two countries are rapidly deepening their economic partnership and achieving new historic milestones in trade, investment, and industrial cooperation. Significant capital investments are being made. Co-chaired by Uzbekistan’s Deputy Prime Minister Jamshid Khodjaev and Russian First Deputy Prime […]
Russia’s First Deputy Prime Minister Denis Manturov has discussed with Uzbek President Shavkat Mirziyoyev the implementation of joint projects in priority sectors of the economy during a Russian business delegation and working visit to Tashkent. Manturov said that “the key subjects of the discussion were the implementation of joint projects in priority economy sectors, interaction […]
Railway executives from Russia, Iran, and Azerbaijan have met in Baku to hold the 83rd meeting of the Transport Council of the Commonwealth of Independent States. So far, so routine. But what was actually agreed – and signed off – at that meeting has significant implications. In agreeing a new strategy and signing an MoU […]
The Russian Agriculture Minister, Oksana Lut, has been holding bilateral discussions with Azerbaijani Deputy Agriculture Minister Elchin Zeynalov. Lut said that “Russia is interested in increasing and diversifying mutual supplies of agricultural goods. This applies to grain, oil, and fat products, fish and seafood, as well as fertilizers. Cooperation in the field of selection and […]
Russia and Kazakhstan boosted agricultural trade 9.4% year-on-year in the first nine months of 2025, according to the Russian Agricultural Ministry. They made the announcement following talks held between Oksana Lut, Russia’s Agriculture Minister, and Aidarbek Saparov, the Kazakh Agriculture Minister. Mineral fertilizer trade also continued to grow and was up almost 42% year-on-year in […]
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