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 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 […]
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 […]
The Russian city of Omsk is to be directed as a key transmodal logistics hub servicing trade with China and Kazakhstan, according to development plans and investments of ₽30 billion (US$340 million) outlined by Vitaly Khotsenko, the regional governor. Omsk will focus its regional trade on organising cargo transportation with China, Kazakhstan and other Asian […]
Russia’s Foreign Minister, Sergei Lavrov has arrived in Saudi Arabia for a Russia-Gulf Cooperation Council (GCC) ministerial conference. He will attend a ministerial meeting of the Russia-GCC Strategic Dialogue and will have several additional bilateral meetings. The Gulf Cooperation Council is a regional free trade organization comprising Bahrain, Qatar, Kuwait, the United Arab Emirates, Oman and […]
Talks are also underway about building a small nuclear power plant and new Kharkhorum city During Russian President’s Vladimir Putin’s visit to Mongolia, the two countries have agreed on a project to modernize the No. 3 Combined Heat and Power Plant in Ulaanbaatar. An intergovernmental agreement was signed on front end engineering design for Ulaanbaatar […]
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The 9th annual Eastern Economic Forum (EEF) opened on Tuesday (September 3) in Vladivostok. The EEF is Russia’s largest development and investment platform for Asia and is targeted at developing the economy of the Russian Far East and expanding international cooperation in the Asia-Pacific region. This year’s primary showcase guest is Vietnam, while around 6,000 […]
Iranian and Russian automobile and parts manufacturers met at the MIMS Automobility Moscow 2024 last week to discuss ways to strengthen cooperation, as bilateral trade and supply of Iranian auto parts has increased by 450% since the county signed a Free Trade Agreement with the Eurasian Economic Union and joined BRICS. The Iranian delegation, led […]
Mongolia has ignored the arrest warrant issued by the ill-named “International Criminal Court” (ICC), a legal institution based in the Hague. The ICC had issued a warrant for the arrest and detention of the Russian President, Vladimir Putin, on charges of war crimes committed in Ukraine. Western media has made much of Mongolia’s non-complicity during […]
Russia’s Rosatom has presented an investment project to Tajikistan to build renewable energy facilities with capacity of up to 1 GW. The project was discussed during meetings between Russia’s trade mission in Tajikistan, Rosatom Renewable Energy and Tajikistan’s Energy and Water Resources Ministry. Tajik Deputy Energy Minister Manuchehr Safarzoda said his country has huge potential […]
According to the Kremlin press service, at the invitation of Mongolian President Ukhnaa Khurelsukh Russian President Vladimir Putin will pay an official visit to Mongolia on September 3, 2024. Among the topics to be discussed and moved forward are trade, economic and energy projects developing within the context of Russian-Mongolian relations based on their comprehensive […]
The Russian President Vladimir Putin held conversations with the President of Kazakhstan, Kassym-Jomart Tokayev on 26 August. The two continued discussions of current issues of mutually beneficial bilateral cooperation and development, including in the energy sector. Kazakhstan shares a 7,242km border with Russia, while President Tokayev owes his current position to a Russian intervention in […]
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