Economy

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Russia’s VTB Finalizing Legal Integration With Crimea’s National Commercial Bank

Economy, Finance, Russian Market

Russia’s VTB bank, the second largest in Russia, has finalized the legal merger of Crimea’s largest bank, the Russian National Commercial Bank, (RNCB), with integration procedures to be completed by the end of 2025, according to VTB CEO Andrei Kostin. He stated that “Completing RNCB’s integration is not just a technical step. We hold RNCB […]

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Exports

German Economic Institute: “Russia’s Exports Have Grown Considerably”

China, Economy, Exports, India, Russian Market, Trade

The German Economic Institute has reported that Russia’s exports have grown considerably compared to figures recorded prior to the Ukraine conflict and despite sweeping Western sanctions. In a report published on Friday (June 13), the institute stated that “despite all European efforts, Moscow is ‘skilfully exploiting the loopholes in the sanctions regime to expand its financial resources.’”

German Economic Institute: “Russia’s Exports Have Grown Considerably” Read More »

China

Russia, China Bilateral Trade Declines By 8% In 5M 2025: Analysis & Opinion  

China, Economy, Exports, Imports, Trade

Bilateral trade between China and Russia continues to decline, with Russian exports of hydrocarbons decreasing both in physical and monetary terms, according to the latest data from the General Administration of Customs of the People’s Republic of China. In the first five months of this year, the volume of trade between Russia and China decreased

Russia, China Bilateral Trade Declines By 8% In 5M 2025: Analysis & Opinion   Read More »

Russia Dagestan

Russia, Dagestan Relations & Trade: 2025 Update  

Economy, Infrastructure, Investment, Russian Market, Trade

The Russian Foreign Minister, Sergey Lavrov, has met Sergey Melikov, the Head of the Republic of Dagestan in Moscow. Dagestan is an autonomous Republic within the Russian Federation, and a primarily Muslim region.   Lavrov stated that “Muslims from Dagestan and Russia are making an important contribution to keeping centuries-old traditions of Islam and strengthening spiritual

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Tether

Russian Use Of Crypto – USDT (Tether) versus Non-USD Alternatives

Economy, Finance, Russian Market, Trade

Russians relying on cryptocurrency transactions will need to change their usage to comply with new Russian Central Bank regulations implementing new rules for foreign digital rights (FDR). These regulations, which came into effect on May 26, prohibit individuals from acquiring USDT and other unfriendly US dollar-aligned stablecoins. The alternatives would appear to be gold-backed such

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Analyzing Russia’s 2024-2030 Export Growth

Africa, Asia, Economy, Exports, Latin America, Russian Market, Trade

Russia’s non-resource, non-energy exports are adapting to new conditions and strengthening their positions in the eastern and southern markets, with the ‘Made in Russia’ brand helping to increase Russia’s foreign trade balance by almost 8% last year. Exports to Africa and Asia in particular are continuing to grow. The state is supporting Russian exporters, helping

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CREDIT RATING Russia

Chinese Credit Ratings Agency Gives Russian Debt A “Stable Outlook” Ranking

Economy, Finance, Russian Market

The Chinese credit ratings agency CCXI has assigned a credit rating to Russia, the first sovereign status rating given to the country since 2022. The credit rating is BBB+g, with a stable outlook. This implies that Russia is a reliable borrower and is capable of fulfilling its debt obligations. The China ratings come after the

Chinese Credit Ratings Agency Gives Russian Debt A “Stable Outlook” Ranking Read More »

AG Bank Flag

Russian Agricultural Bank Considering Cryptocurrencies in Grain Trade Settlements

Agriculture, Economy, Exports, Finance, Trade

The Russian Agricultural Bank (RusAg) is considering using cryptocurrencies for settlements in grain trading, the bank has stated. RusAg first deputy CEO Irina Zhachkina said that “We believe that cryptocurrencies could be a convenient alternative instrument, and we are now exploring the possibility of using cryptocurrency instruments for settlements in grain trading with the Bank

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Industrial Park

Russia To Invest Millions Into The Creation Of New Industrial Parks

Economy, Exports, Finance, Russian Market, Trade

The Russian government will allocate nearly ₽860 million (US$11 million) this year to finance the development of industrial parks and techno parks in numerous regions. Industrial and technological parks were a key component of China’s manufacturing success from the early 2000’s to the present day. They offer investment incentives, such as tax breaks, reduced utility

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