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 Russian-Kyrgyz Development Fund (RKDF) plans to allocate US$161 million to finance investment projects this year, the RKDF has stated. The fund’s financing amounted to US$149.3 million in 2024. The new figures mean it will increase 7.8% in 2025. During the year, US$141 million is expected to go towards direct project financing, and another US$20 […]
The Eurasian Economic Commission, the regulatory body overseeing the Eurasian Economic Union (EAEU), has drafted requirements for use of the Authorised Economic Operator (AEO) system. These were determined at the EAEU headquarters, chaired by Alexander Titov, Director of the Department of Customs Legislation and Law Enforcement Practice, and was attended by about 50 representatives of […]
Russia’s Deputy Foreign Minister Andrei Rudenko, and Singaporean Foreign Ministry Permanent Secretary Albert Chua met on Friday (April 4) to discuss bilateral relations and the potential for reestablishing cooperation between the two countries. Singapore is the only ASEAN country that has followed Western sanctions placed upon Russia. Rudenko and Chua discussed their opinions on the […]
Vietnam’s TH Group is to launch the first stage of a new dairy plant in Russia’s Kaluga Region next month, according to Kaluga Regional Governor Vladislav Shapsha. TH Group is a large manufacturer of dairy products in Vietnam. Shapsha said that “We have visited the construction site of the dairy plant of the TH True […]
Kazakh Prime Minister Olzhas Bektenov and Russian Deputy Prime Minister Dmitry Grigorenko have discussed digital transformation and artificial intelligence at a meeting in Astana, the Kazakh government has stated, saying “The two sides noted the growing significance of artificial intelligence and underlined that the digitalization partnership is an integral part of bilateral relations. Combined efforts […]
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The Irtysh River originates in the Xinjiang Province of China and flows north-west across Lake Zaisan in Kazakhstan, meeting the Ishim and Tobol Rivers before merging with the Ob River in Western Siberia. The total length of the Irtysh across China, Kazakhstan and Russia is 4,248 kilometres, and it is navigable for 3,784 kilometres, from […]
Russia exported chocolate products worth nearly US$850 million in 2024, up 8% compared to the previous year, according to the Russian Agroexport centre. This is the second-highest record since 2021, when exports amounted to US$872 million, and indicates supply chains have been rebuilt following Western sanctions. Russian chocolate was supplied to 90 countries last year, […]
The Russian Ambassador to Mexico, Nikolay Sofinsky, has given an interview to TV BRICS concerning Russia’s current relations with Mexico. This included subjects such as bilateral development and trade details, BRICS, cultural exchanges and the potential for other Russian-Latin American trade. TV BRICS questions are prefixed as such, Nikolay Sofinsky’s responses are prefixed NS. Our […]
The Eurasian Economic Union (EAEU) and Mongolia have agreed on the remaining issues concerning a temporary free trade agreement, according to the Eurasian Economic Commission (EEC). This follows a meeting between EEC Trade Minister Andrei Slepnev and Gantumur Luvsannyam, the Mongolian Economic and Development Minister. Slepnev said “We have conducted productive talks, in which we […]
Russia imported 20,000 tonnes of seafood from Iran in 2024, up 25% from the previous year, the Russia Fish Union said, citing the European Market Observatory for Fisheries and Aquaculture Products (EUMOFA). In monetary terms, imports also increased 25%, reaching US$60 million in value. Russia accounted for 10% of Iran’s total seafood exports in volume […]
The full free trade agreement between the Eurasian Economic Union (EAEU) countries and Iran will go into effect on May 15, according to Andrei Slepnev, the Eurasian Economic Commission Trade Minister. The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. It fills the geographic space between Eastern Europe and Western China. The EAEU said in […]
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