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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Analysts at the Moscow-based Gaidar Institute’s Foreign Trade Laboratory (IEP) have stated that China-Russia trade dynamics show that the pressure of secondary sanctions on China began from March 2024, when they were first applied on a large scale. However, within four months, Russian exports to China had recovered, and by July the initial decline was […]
Russia and India area set to sign off on an labour migration deal, an agreement will permit a flow of skilled Indian workers to Russia, Indian Ambassador to Russia Vinay Kumar has said. New Delhi and Moscow are actively discussing a memorandum of understanding to establish a Migration and Mobility Partnership Agreement, aiming to facilitate […]
In addition to the recent example of China’s Torklink Controls, who are investing over ₽100 million (US$1 million) into an assembly plant in Moscow, the Chinese automobile exporter Biulu (Chongqing Biulu Automotive Technology) has opened a consignment warehouse in Belarus for processing Chinese, European and other vehicles for subsequent deliveries to Russia and CIS countries. […]
Russia’s Pivot To Asia has published its 2025 Guide To East Asia, which includes detail of Russia’s geopolitical, trade and investment relations with China, Taiwan, Hong Kong and Macau, in addition to North and South Korea, as well as Japan. It also includes a detailed breakdown of the Russian Far East and especially its East […]
Meetings held between 15 Russian airlines and an aviation delegation from the Chinese Embassy have discussed the bilateral strengthening of cooperation in Russia-China passenger and cargo air transport. The meeting was chaired by Lev Kosinov, Head of the Department for Transportation Regulation and International Cooperation of the Russian Federal Air Transport Agency. In volumes, during […]
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Russia’ Fast Payment System (SBP), in which banks will accept money transfers by phone number is rapidly developing and has now expanded to include nine countries: Abkhazia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Laos, Moldova, Tajikistan and Uzbekistan. The number of foreign banks accepting money through the SBP by phone number is also growing, with 50 now […]
The now three-year conflict with Ukraine has resulted in an almost complete deterioration in Western European and Russian political ties, with this particular struggle marked by an intensive media campaign waged against Russia. That has manifested itself in a somewhat unique, blanket overview of the conflict, largely directed by the pro-Kiev factions, sometimes to a […]
Russia’s Pivot To Asia has published a new “2025 Guide to SAARC & BIMSTC” which details Russia’s trade, investment and geopolitical developments with both these South Asian trade blocs. SAARC includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. SAARC comprises 3% of the world’s land area, 21% of the world’s population and […]
Update: January 16Russia is willing to supply liquefied natural gas (LNG) and oil to Vietnam, as well as help develop its nuclear power sector as it seeks to expand energy cooperation, Russian Prime Minister Mikhail Mishustin has stated. Russia and Vietnam have also agreed to continue supporting oil and gas projects on each other’s continental […]
Uganda’s Foreign Minister, John Mulimba, has highlighted the transformative potential of BRICS membership as part of the countries development strategy. Uganda officially became a BRICS partner state on January 1. Speaking during an interview with China’s Xinhua News Agency, Mulimba stated during 2025, Uganda’s BRICS partnership would help unlock investment opportunities and deepen ties with […]
Vladimir Serpikov, Director of the EAEU Trade Policy Department, held a working meeting with Liu Jin, Minister Plenipotentiary for Trade and Economic Affairs of the Embassy of the People’s Republic of China in Russia at the Eurasian Economic Commission on January 10th. The two sides discussed the current state and prospects for the development of […]
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