Finance

3PL

China Suppliers Sending Russian Market Goods Via Third Party Countries

China, Finance, Logistics & Transport, Trade

Some Chinese supplies to Russia are switching to third-party, rather than direct routes for sending goods to Russia due to difficulties with sanctions and logistics. Western governments have issued ‘stop’ notices on numerous products to Russia, including electronic and so-called ‘dual-use’ items, which if ignored can result in sanctions being imposed on Chinese suppliers themselves […]

China Suppliers Sending Russian Market Goods Via Third Party Countries Read More »

Russia BRI

China’s Belt & Road Initiative In Russia

China, Finance, Infrastructure, Investment

China’s main thrust into the potential of investing in Russia as part of its global Belt & Road Initiative (BRI) overseas investment and infrastructure plan essentially began in 2018, when the Chinese government published its “China-Russia Cooperation and Development Plan for the Russian Far East (2018-2024).” This is a programmatic policy document guiding cooperation between

China’s Belt & Road Initiative In Russia Read More »

Ruble Rupee

Russia and India Looking At Benchmark Ruble-Rupee Rate To Increase Bilateral Trade

Economy, Finance, India, Trade

India and Russia are exploring the idea of a benchmark Ruble-Rupee exchange rate to start direct trade using the two currencies, according to Indian media. Top regulators and bankers from both nations are seeking to overcome dollar trade barriers created by Western sanctions against Moscow, and to facilitate more Russian purchases of Indian goods. India

Russia and India Looking At Benchmark Ruble-Rupee Rate To Increase Bilateral Trade Read More »

Securities

Non-Russian Entities Buy Up Russia’s Frozen Foreign Securities   

Economy, Finance, Trade

Russia’s Investment Chamber (RIC) brokerage, which has been mandated to organize the exchange of frozen assets between Russian and non-resident investors, has announced the completion of settlements for the purchase of foreign securities. RIC commented that “Despite external sanctions pressure while bids were being accepted, RIC managed to sell to non-residents about a quarter of

Non-Russian Entities Buy Up Russia’s Frozen Foreign Securities    Read More »

Barter

Russia and China To Conduct First Barter Trade Deals In September / October  

China, Finance, Trade

Moscow and Beijing are looking to a barter trade system to overcome the hesitancy of Chinese banks to run foul of US sanctions in conducting cross-border financial transactions with Russia. The moves, which are expected to be temporary, come as the two sides are trying to limit the transactional use of the SWIFT banking system.

Russia and China To Conduct First Barter Trade Deals In September / October   Read More »

Crypto Laws

Russia’s New Digital, Crypto, Cross Border Finance and Foreign Banking Laws: An Explainer

Economy, Finance, Trade

Russia just became the world’s largest crypto economy As we had predicted, Russia has adopted a law in the second and third readings that allows cross-border settlements and exchange trading in digital currency within the framework of experimental legal regimes (ELR) from September 1.  Russian lawmakers also legalized cryptocurrency mining in Russia. The Central Bank

Russia’s New Digital, Crypto, Cross Border Finance and Foreign Banking Laws: An Explainer Read More »

Russia Awaits September 1st Approval of Law on International Settlements Using Cryptocurrencies

Economy, Finance, Infrastructure, Trade

Mass Digital Ruble Usage Expected By July 2025  In an effort to intensify, speed up, and broaden the available tools used for settling international transactions, the Russian State Duma has passed, in its first reading, a bill that opens the way for the Bank of Russia to launch an experimental platform for the use of

Russia Awaits September 1st Approval of Law on International Settlements Using Cryptocurrencies Read More »

Russia Rises To Eighth Place In Global Manufacturing Output

Economy, Finance, Trade

Russia has risen to the eighth place in global manufacturing output, according to a report issued by “Make UK”,  a British institution that represents UK manufacturers and competitive markets. The report  includes a wide variety of data about the contribution of manufacturing to different economies including exports, sectoral breakdown, R&D investment, salary levels and provides

Russia Rises To Eighth Place In Global Manufacturing Output Read More »

Russia To Permit Foreign Bank Branches & Cryptocurrency Settlements

Economy, Finance, Trade

Changes in Russia’s policy towards allowing Foreign banks to operate in the county are in the pipeline, as growing problems with cross-border payments have forced the government and the Central Bank to agree to open branches of foreign banks in Russia. These have been strictly prohibited in recent decades. Additionally, Russian officials are ready to

Russia To Permit Foreign Bank Branches & Cryptocurrency Settlements Read More »

De-Dollarizing Via mBridge – How Close Are We?

BRICS, Economy, Finance, Trade

In a world where de-dollarization has become the byword for independent sovereignty, there has been a lot of talk about BRICS currency, cross-border settlements in national currencies, and much speculative guesstimating. However, what is the root program that has been developed to enable cross-border settlements to handle transactions in different sovereign national Central Bank Digital

De-Dollarizing Via mBridge – How Close Are We? Read More »

Subscribe
Subscribe
Scroll to Top