The EAEU Free Trade Bloc includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia and fills the economic space between Eastern Europe and Western China. With Free Trade Agreements now in place with China, Indonesia, Iran, Mongolia, Serbia, Singapore, the UAE and Vietnam, and negotiations well underway with India and Egypt, the EAEU is developing as a vast Eurasian trade space. Leverage the EAEU single market as we discuss business regulations, customs procedures, and trade advantages for companies operating within or trading with the Eurasian Economic Union.
The first shipment of oil from Russia’s Far Eastern Kosmino Port has arrived in Indonesia. The country is prioritizing its internal energy security above sourcing and sanctions issues.
We review the Russia-Latin America Strategic Cooperation Forum (CORAL 2026) which has just taken place in Sao Paulo. Participants included Brazil, Argentina, Colombia, Costa Rica, Guatemala, Honduras, Chile, Venezuela, Paraguay, Ecuador and Russia in what was an important regional trade development event. We provide a country by country analysis and the latest Russia-Latin America trade intelligence.
Russia and Egypt have agreed on the operational and management partner for the Russian Investment Zone at Port Said. Russia’s Crystal Fund will provide incentives for Russian manufacturers to establish operations in the zone, with the zone itself also tax and other benefits.
The Russian and Indonesian Ministries of Trade & Industry have signed a Cooperation Agreement in the industrial sector, with Russia expressing interest in Indonesian shipping, aviation, and infrastructure including construction of the new capital city at Nusantara.
Senior Russian and Armenian officials have met in Ekerterinburg to discuss EAEU trade and development just two weeks after Armenian elections appointed a pro-EU government. We examine the situation and provide the geopolitical analysis.
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The Indian Ambassador to Russia has said that discussions concerning a Russia-India Bilateral Investment Treaty and the Eurasian Economic Union-India Free Trade Agreement are both progressing. Both sides have committed to adding another $40 billion to their trade by 2030 suggesting progress may be within reach.
Freight trade between Russia, Azerbaijan and Iran along the Western route of the INSTC rose by 50% in June as a result of Iran shifting its supply chains north. This is having a significant impact on new Caspian-Eurasian trade flows.
The Eurasian Economic Commission has met to discuss protocols concerning the EAEU-Mongolia Free Trade Agreement, which is set to commence from July 22. Meetings were held with Mongolian government and business representatives as part of the ‘Mongolia to Eurasia Strategic Dialogue’.
The Eurasian Economic Union has been discussing trade with China and the prospects for defined tariffs. At present the two parties have a non-preferential trade agreement, but this could change to a more significant trade deal.
The Belarus President Aleksander Lukashenko is on an Asian tour and has met with Chinese President Xi Jinping and proposed “11 Key Technologies” in which Belarus wants to cooperate with China in trade and investment.
The Eurasian Development Bank, in which Russia is a major investor, is set to approve 11 new countries as members, mainly from the Middle East. This will help facilitate Middle East sovereign investments into Central Asia.
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