The Russian President, Vladimir Putin, is currently planning a trip to Vietnam, with dates expected to be confirmed by the Kremlin shortly. The trip will likely occur in mid-late summer. Russia has a Free Trade Agreement with Vietnam via the Eurasian Economic Union (EAEU). Current bilateral trade is running at about US$3 billion. Bilateral trade […]
Vladivostok Port, in the Russian Far East, is attracting new international shipping partners, according to Nikolai Yermolayev, the Ports operating Managing Director. He was speaking at the Maritime Congress of the Russian Far East, and said that another four major international carriers are negotiating the organization of shipping lines through the port. Vladivostok Port currently
Vladivostok Port Expanding International Shipments Read More »
The Commonwealth of Independent States (CIS) held Ministerial-level meetings last week, followed by Russian President Vladimir Putin flying to Tashkent, Uzbekistan on Sunday (May 26) for talks with Uzbekistan’s President, Shavkat Mirziyoyev. The CIS includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan. CIS members are set to enter a new agreement on free
Russia, CIS and Uzbekistan Expanding Trade Corridors Read More »
Maxim Vasiliev, Russia’s Trade Representative with Mongolia has suggested that the Mongolian government has linked its future economic growth to the successful signing of a Free Trade Agreement with the Eurasian Economic Union (EAEU). He was speaking at the economic conference “Prospects for the development of trade, economic and investment cooperation between Mongolia and the
Mikhail Galuzin, Russia’s Deputy Foreign Minister, has stated that the total volume of trade turnover with Central Asia in 2023 exceeded US$44 billion, representing 33% of all foreign trade of the Central Asian states. Meanwhile, the use of mutual currency settlements in this trade in national currencies of Russia with Kazakhstan, Kyrgyzstan and Tajikistan has
Russia’s Trade Turnover With Central Asia Reached US$44 billion In 2023 Read More »
Update – August 14: Sergei Shoigu, Russia’s Security Council Secretary has reaffirmed Russia’s readiness to continue development and interaction between the Security Council of the Russian Federation and the Public Security Ministry of Laos, in meetings with Chansamone Chanyalath, the National Defense Minister of Laos, in Moscow. Laos, a member of the southeast ASEAN bloc,
Laos Applies To Join The Shanghai Cooperation Organization Read More »
Vietnam’s TH Group has begun construction of a livestock complex for a total population of 10,000 cows in the Yakovlevsky district of Primorsky Krai (Province) with commissioning scheduled for 2027, the Russian Far East and Arctic Development Corporation has reported. The project is being implemented by TH Rus Primorsky LLC, a resident of the Mikhailovsky
Vietnam Dairy To Invest In Livestock Farming & Milk Production In Primorsky Krai Read More »
FESCO, Russia’s largest transport company , and Vietnam’s Ratraco have signed a cooperation agreement that will introduce the launch of regular direct railway services between Russia and Vietnam through China. FESCO stated in a press release that “We signed a cooperation agreement in Hanoi with the Vietnamese logistics operator Ratraco, within the framework of which
Russia, Vietnam, Launch Direct Rail Service Via China Read More »
The tenth anniversary meetings of the founding of the Eurasian Economic Union (EAEU) took place last week, with the five member bloc assessing progress and planning ahead. The EAEU, which includes Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia, fills the geographic space between Eastern Europe and Western China. Uzbekistan is not a member but does have
Uzbekistan Contemplates Further Eurasian Economic Union Trade & Development Read More »
The heads of state of the Eurasian Economic Union (EAEU) countries met in Moscow this week to discuss the ten-year progress since the bloc was formed and make plans for future development. The event was attended by the five heads of state from Armenia, (Prime Minister Nikolai Pashinyan) Belarus (President Alexander Lukashenko), Kazakhstan, (President Kassym-Zhomart
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