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.
Russia boosted exports of agricultural products to Uzbekistan 15% year-on-year to US$938 million in value over the first ten months of 2025, according to the Russian Agroexport Federal Center. This means that Uzbekistan is now among the top 10 buyers of Russian food products. In 2021, significant Russian agricultural export markets also included Latvia, Lithuania, […]
The Russian president, Vladimir Putin, has held discussions with Uzbekistan’s president, Shavkat Mirziyoyev. The leaders talked by phone and “discussed further development of the Russian-Uzbekistani relations as a strategic partnership and alliance across a wide band of areas. Special attention was given to implementing big joint projects, including in the energy sector,” according to a […]
Kazakhstan and Russia have agreed to expand mutual trade in agricultural products and food at a meeting of their intergovernmental commission on cooperation (IGC) in Astana last week. The Kazakh delegation was headed by Deputy Prime Minister and National Economy Minister Serik Zhumangarin, and the Russian delegation was headed by Deputy Prime Minister Alexei Overchuk. […]
Russian academics have begun questioning the level of economic and political intelligence being cited by the West when it comes its collective analysis of Russia, with many perplexed about how the West so consistently sticks to its statements that it is being threatened by Russia, that the country is collapsing, and economic decline is imminent. […]
Russia’s Tatneft has registered a project to generate solar power in Uzbekistan on India’s Universal Carbon Registry platform, the company has stated, saying, “We have installed solar power plants with an overall capacity of 0.33 MW on the roofs of a tire manufacturing plant in Uzbekistan. Clean solar energy is now used for production needs, […]
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The Russian Agriculture Ministry and Russian Railways have ordered the development of agricultural supply chain routes to Armenia via Azerbaijan, according to Russian Deputy Prime Minister Alexei Overchuk. Azerbaijan has also confirmed the possibility of using its railway network for the export of agricultural products from Russia to Azerbaijan. Overchuk said that “Two days ago, […]
Russian sweet manufacturers have increased their confectionery exports to Kazakhstan by 14% year-on-year to reach over US$360 million in value during the first eight months of 2025, according to Ilya Ilyushin, the CEO of Russia’s Agroexport. He was speaking during an export promotional trip to Kazakhstan. Ilyushin said that confectionery was the main non-energy product […]
The Russian Foreign Minister, Sergey Lavrov, has been holding meetings with the new Kazakh Foreign Minister, Ermek Kosherbaev, in Moscow. A key part of the discussions related to Russian commitments to Kazakhstan concerning construction of the first nuclear power plant in Kazakhstan, with Lavrov saying, “Russia is among the leading trade partners of Kazakhstan, the […]
Central Asia’s e-commerce market reached approximately US$14.7 billion in 2024, up from US$11.1 billion in 2023, driven by increasing internet penetration (now over 80% in urban areas) and smartphone adoption, according to data released by the IMARC Group. When considering this, it is pertinent to note the size of the two main bordering e-commerce markets […]
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 […]
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 […]
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