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.
Russia and Iran are continuing to work on joint projects to create new land corridors for Russian gas shipments to Iran, according to a joint statement issued by Russian Deputy Prime Minister Alexander Novak and Iranian Petroleum Minister Mohsen Paknejad. The two sides also discussed the implementation of other joint energy infrastructure projects. They also […]
Uzbekistan’s atomic energy agency Uzatom, Russia’s Rosatom Group, China National Nuclear Corporation (CNNC) division CNOS, and Shanghai Electric have been holding negotiations on building turbine equipment and assessing the prospects of adapting it for a nuclear power plant (NPP) project in Uzbekistan. Uzatom has stated that “In the course of the negotiations the parties discussed […]
Rosatom Central Asia have stated that the first deliveries of the equipment for a wind farm in Kyrgyzstan’s Issyk-Kul region is scheduled to be delivered in the second half of 2025, while construction will start in 2026. Kyrgyzstan’s Energy Minister Taalaibek Ibraev said that “We are starting construction of a wind farm with capacity of […]
Two more logistics terminals will be built on the Russian border of Buryatia with Mongolia: one near the Naushki railway checkpoint, the second near the Kyakhta checkpoint, according to the Kyakhtinsky government. The construction projects will begin immediately, and should be completed by 2027. The local newspaper stated that Andrey Fomin, the head of the […]
A meeting of the Russian-Indonesian Intergovernmental Commission was held last week in Jakarta at the Ministerial level, led by Russian First Deputy Prime Minister Denis Manturov. The meetings had a wide-ranging agenda, including the proposed free trade agreement, inter-banking, energy, and industrial and agricultural developments. Indonesia is a major Southeast Asian economy with a population […]
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The Board of the Eurasian Economic Commission has approved an internal report concerning market analysis of the most promising markets and industries for the joint export of non-primary, and high-tech products of the member States of the Eurasian Economic Union (EAEU). The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. It has free trade agreements […]
The Russian Foreign Minister, Sergey Lavrov, has been attending the annual meeting of the Foreign Ministers of the Commonwealth of Independent States (CIS) in Almaty. The meetings included the Foreign Ministers of Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Turkmenistan, and Uzbekistan. Following the discussions, Lavrov held a Press Conference and took related questions. In this article, he […]
The Russian Deputy Russian Prime Minister Alexander Novak, Energy Minister Sergei Tsivilev and several other energy officials have been holding discussions with Magzum Mirzagaliyev, advisor to the Kazakh president, and Kazakh Energy Minister Erlan Akkenzhenov. Other officials from the Russian and Kazakh energy ministries also attended. The issues were cooperation in the nuclear and financial […]
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 […]
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