Eurasian Economic Union

EAEU and UAE Flag

UAE Expected To Conclude Eurasian Economic Union Free Trade Agreement At BRICS Summit 

BRICS, Eurasian Economic Union, Trade

The United Arab Emirates (UAE) and the members of the Eurasian Economic Union (EAEU) may conclude negotiations on setting a free trade zone by the BRICS summit set for October 22-24 in Kazan, according to Andrei Slepnyov, the Eurasian Economic Commission Trade Minister. He has stated that “With the UAE, we are at the finalization

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EDB Bank

Uzbekistan To Join Eurasian Development Bank In Boost To EAEU

Eurasian Economic Union, Finance, Infrastructure, Investment, Trade

Uzbekistan is completing the procedure to join the Eurasian Development Bank (EDB), Prime Minister Abdulla Aripov said at a meeting of the Eurasian Intergovernmental Council in Yerevan. The EDB is an international development bank with charter capital of US$7 billion. Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Tajikistan are the bank’s shareholders. Uzbekistan’s decision to participate

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Proposed New Kazakh-Russia-Mongolia Highway Would Connect Astana With Ulaan Baatar

Eurasian Economic Union, Infrastructure, Logistics & Transport

Kazakhstan and Mongolia plan to build a new highway between the two countries through Russia, pending approval from the Russian authorities, according to the Kazakh Transport Ministry. The route will connect the Kazakh cities of Ust-Kamenogorsk and Ridder, as well as Tuekta in Russia’s  Altai Republic, leading to the Mongolian border at Khyagt and the

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Iran Russia

Russia – Iran Bilateral 2024 Relations: Update 

Eurasian Economic Union, Shanghai Cooperation Organisation, Trade

Russia’s Prime Minister, Mikhail Mishustin met with Iranian President Masoud Pezeshkian and Vice President Mohammad Reza Aref in Tehran on September 30 (Monday), with the discussions coming as fears grow of a Middle-East war.  However, the talks, at least officially, focused on bilateral cooperation between the two nations, the expansion and diversification of trade, as

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Russia Uzbek Flags

Russia – Uzbekistan 2024 Bilateral Relations: Update 

Eurasian Economic Union, Security, Trade

Russia’s Foreign Minister Sergey Lavrov has been in New York attending the annual UN General Assembly. During the UN events, several other bilateral meetings were held as numerous countries wish to discuss current affairs with Moscow. Lavrov subsequently met with Bakhtiyor Saidov, the Foreign Minister of Uzbekistan. The ministers discussed current issues on the agenda

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Russia Jordan Flags

Russia – Jordan 2024 Bilateral Relations: Update  

Eurasian Economic Union, Security, Trade

Russia’s Foreign Minister Sergey Lavrov has been in New York attending the annual UN General Assembly. During the UN events, several other bilateral meetings were held as numerous countries wish to discuss current affairs with Moscow. Lavrov subsequently met with Ayman Safadi, the Deputy Prime Minister and Minister of Foreign Affairs of Jordan. The ministers

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Indian spices

Indian Exporters To Get More Russia Agricultural Market Access

Eurasian Economic Union, India, Trade

The Moscow World Food Trade Fair has been held this week, with senior officials from India’s Agricultural and Processed Food Products Export Development Authority (APEDA), part of the Indian Ministry of Commerce, has said that the Russian market offers opportunities for Indian exporters across a wide range of categories, including whole grains, pulses, millets, processed

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Russia Egypt

Russia – Egypt Bilateral Trade Triples To Over US$7 Billion

Africa, BRICS, Eurasian Economic Union, Trade

The Russian Foreign Minister, Sergey Lavrov, and Trade and Industry Minister Anton Alikhanov met with Egypt’s Egyptian Foreign Minister Badr Abdelatty in Moscow on Monday. The meetings were to discuss the situation in Palestine, as well as trade updates and other bilateral relations. Egypt is also a member of BRICS, with the 2024 annual heads

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New Russia – Mongolia Border Crossing and Special Economic Zone To Open In 2025

China, Eurasian Economic Union, Infrastructure, Logistics & Transport

Another new trade corridor between Russia and Asia is set to open in 2025 when the Khandagayty checkpoint on the border with Mongolia is completed in Tuva. The new facility includes a Special Economic Zone, (SEZ) which provides a bonded area for the processing and manufacturing of goods. This has tax saving advantages for finished

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