The Russian economy is transitioning, with economic pressures such as inflation, moderate growth and sanctions all contributing to a dampened performance in 2025. However, this is partially offset by significant infrastructure building, high military related output, and increasing foreign reserves and industrial progress in key economic areas. It is also diversifying beyond energy to include new vital technology-driven sectors. Get vital data on Russia’s economy for business decision-making. Analysis of macroeconomic trends, investment climate, and economic policies impacting your operations and investments in the country.
One of the most consequential developments of the Supreme Eurasian Economic Council St. Petersburg summit on December 21 was the signing of the Free Trade Agreement between the EAEU and the Republic of Indonesia, a strategic pivot that significantly broadens the Union’s external economic reach. The pact was years in the making, following five rounds […]
Introduction: Sanctions vs. Energy Reality Western sanctions were designed to weaken Russia’s economy by cutting off its most important source of revenue: oil and gas. The strategy assumed that restricting Russian energy exports would reduce state income, isolate Russian companies, and force Moscow to change its policies. Several years into this sanctions campaign, the results […]
The Russian President, Vladimir Putin, gave his annual Q&A session on Friday (December 19) in which members of the public as well as Russian and international journalists ask questions. Over 2.5 million people responded, with Putin taking a cross-section of these questions during a four-hour live session. Questions ranged from the Ukraine conflict, to social […]
Russia’s gold reserves have reached a record high, with values of US$310 billion, the Bank of Russia has stated. Gold is traditionally viewed as a hedge against inflation and currency fluctuations and broke the fundamental line of US$4,000 an ounce in October. In 2023, gold traded below US$2,000 an ounce. Russia’s gold reserves total an […]
The Russian President Vladimir Putin’s historic state visit to India (December 4-5), culminating in the 23rd India-Russia Annual Summit and the Russia-India Business Forum, marked a watershed in the two countries’ economic and strategic relations. A total of 29 intergovernmental, institutional, and sector-specific pacts and cooperation documents were signed, ranging from energy, trade, connectivity, and […]
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Ahead of Russian President Vladimir Putin’s upcoming visit to India on Thursday (December 4), India and Russia have begun to cement their comprehensive economic partnership, with this set to transform Eurasian trade dynamics in significant ways. When Putin attends the 23rd India–Russia Annual Summit on Friday, the stakes will be unusually high. This is not […]
The 16th “Russia Calling!” Investment Forum has been taking place in Moscow, with the event participants including the Russian President and other high-ranking Russian officials, foreign delegates, along with domestic and international business leaders. The event is often considered a benchmark analysis of the current state of the Russia economy and has the intellectual capability […]
The Russian President, Vladimir Putin, has described the Russian economy as resilient in the face of Western sanctions and said that Russia is maintaining economic growth while keeping unemployment at record lows and reining in inflation. He was speaking at the “Russia Calling!” Investment Forum on Tuesday (December 2). Putin said the economy is expected […]
President Vladimir Putin has signed a decree allowing visa-free entry to Russia for Chinese citizens, granting them stays of up to 30 days. Chinese citizens can now travel visa-free to Russia for private visits, business, tourism, or to take part in scientific, cultural, political, economic, or sporting events. The measure took effect as of December […]
With Russian President Vladimir Putin’s state visit to India now scheduled for December 4th and 5th, the prospect of Russia and India linking their national payment systems to bypass the SWIFT network will be high on the agenda, according to Deputy Foreign Minister Andrey Rudenko. The subject follows discussions already held on the matter between […]
The head of Russia’s Federal Tax Service (FTS), Daniil Yegorov, has stated that Russia has restructured its Double Tax Treaty (DTA) arrangements with other countries, with these now being aligned with countries that provide favorable investment environments for Russian investors. DTAs are bilateral agreements aimed at preventing situations where the same income of a legal […]
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