Russia imported about US$240 billion worth of goods in 2025, ranging from selected agricultural products, cars, machinery, electronics, and high-tech goods. The Russian consumer market is also changing in light of new preferences and tastes created by its move into new markets in Asia, Africa, the Middle East, and Latin America.
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The Russian Foreign Minister, Sergey Lavrov, has met with the Foreign Ministers of the Confederation of Sahel States (AES), namely Abdoulaye Diop (Mali), Karamoko Jean-Marie Traoré (Burkina Faso), and Yaou Sangaré Bakary (Niger). The AES (Alliance des États du Sahel) is a confederation formed between Mali, Niger, and Burkina Faso in the Sahel region of […]
The Russian Foreign Minister Sergey Lavrov has met with Roberto Alvarez, the Minister of Foreign Affairs of the Dominican Republic, on the sidelines of the United Nations General Assembly in New York. They discussed key aspects of bilateral collaboration across political, trade, economic, cultural, and humanitarian spheres. Both parties acknowledged a mutual interest in further […]
India has exported record amounts of Indian meats to Russia, with exports 2.6x higher than last year. From January-July 2025, Russian meat purchases from India reached US$62.8 million. The Russian market is now one of the top five global importers of Indian meat. This is due to a huge increase in Indian buffalo meat exports […]
The St. Petersburg International Mercantile Exchange (SPIMEX) and Pakistan-based KMAK Group have signed a memorandum of understanding on the development of exchange trading, SPIMEX has stated, following a meeting of the Russia-Pakistan Intergovernmental Commission for trade and investment. SPIMEX stated that “Wheat is being considered as the Russian export commodity for the first transactions, and […]
Russia became one of the top five exporters of agricultural products to the Indian market for the first time during 2024, according to Russia’s Agroexport. They mentioned the statistic in a report which it has prepared ahead of a business trip to India for Russian exporters on September 25-28. Agroexport said that Russia retained a […]
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The 8th joint annual ministerial meeting of Russia-Gulf Cooperation Council (GCC) Strategic Dialogue was held in Sochi on Thursday (September 11). The meeting was co-chaired by Russian Foreign Minister Sergey Lavrov and Abdullah Al Yahya, the Foreign Minister of Kuwait, who is currently chair of the GCC. Other participants included Abdullatif Al Zayani, the Foreign […]
Russia’s trade turnover with Uruguay, while admittedly small, grew by 70% year-on-year to US$123 million in H1 2025, according to the Russian plant and animal health watchdog Rosselkhoznadzor. This suggests a total 2025 Russia-Uruguay bilateral trade figure of US$246 million may be achievable. The comment was made after a meeting of the Russia-Uruguay joint commission […]
The Russian Transport Minister, Andrey Nikitin, has been visiting China, where he held bilateral meetings with transport officials from Kazakhstan and China. A main part of the discussions was about the potential for introducing digital and unmanned technologies in transportation between the three countries, the Russian Transport Ministry has said. The concept revolves around the […]
Laos could reroute its coffee sales from the US to Russia due to the 40% tariffs imposed by US President Donald Trump, Laotian Prime Minister Sonexay Siphandone has stated. Trump imposed levies on goods from Laos last month as part of a broader flurry of country-specific tariffs aimed at addressing what he called unfair trade […]
The Cypriot-based Burger King Russia is the latest EU listed company to have redomiciled its business from the European Union to Russia, where it will continue to operate as BKR ICLLC. According to the Russian Unified State Register of Legal Entities, Burger King Russia was re-registered on September 1 in Kaliningrad’s special administrative region. The […]
Russia’s state-owned nuclear power giant, Rosatom, is considering the establishment of a subsidiary in China, according to information on Russia’s public procurement website. The procurement tender includes preparation of a report on the opening of a subsidiary in China and the company’s registration. The report states that the potential Rosatom subsidiary in China would ensure […]
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