India

INSTC Main

New INSTC Russia, Azerbaijan, Iran Deal Is Hugely Significant: Analysis

Africa, Asia, Caucasus, Central Asia, China, Commonwealth of Independent States, Eurasian Economic Union, Exports, India, Infrastructure, Investment, Middle East, Russia

Railway executives from Russia, Iran, and Azerbaijan have met in Baku to hold the 83rd meeting of the Transport Council of the Commonwealth of Independent States. So far, so routine.   But what was actually agreed – and signed off – at that meeting has significant implications. In agreeing a new strategy and signing an MoU […]

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EAEU 2

India Begins Negotiations Over Eurasian Economic Union Free Trade Agreement

Eurasian Economic Union, Exports, Imports, India, Trade

The Eurasian Economic Union (EAEU) and India have held the first round of negotiations on a free trade agreement this week in New Delhi, according to Russia’s Economic Development Ministry. The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia and has a collective GDP (PPP) of about US$8.5 trillion. The EAEU’s GDP per capita (PPP)

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India

Russia and India To Discuss LinkIng National Payment Systems, Putin To Visit Delhi December 4/5

Economy, Exports, Finance, Imports, India, Infrastructure, Russia, Trade

With Russian President Vladimir Putin’s state visit to India now scheduled for December 4th and 5th, the prospect of Russia and India linking their national payment systems to bypass the SWIFT network will be high on the agenda, according to Deputy Foreign Minister Andrey Rudenko. The subject follows discussions already held on the matter between

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India 2

Russian Central Bank To Open Representative Office In India

Finance, India, Russia, Trade

The Central Bank of Russia is to open a representative office in India, the regulator’s press service has stated, saying “The Central Bank of Russia is looking into opening a representative office in Mumbai, India. This would contribute to solidifying interaction between the two countries’ regulators, as well as developing cooperation in the financial sector

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India

Russia’s Kristall Distillery Eying Exports To India

Agriculture, Exports, India, Trade

Russia’s Kaluga Kristall Distillery is looking at exporting its products to the Indian consumer market and has said it has partnered with India’s M/S Blue Billion Group to study the Indian market’s potential for its products. The company stated, “The study aims to determine the optimal positioning of the distillery’s products in one of the

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G20 Main

Global Economic Power Shift: BRICS Emerges as a Counterweight to Western Control of the G20

Africa, BRICS, China, India, Latin America, Middle East, Russia, Trade

The leaders of the world’s major economies are gathering in South Africa for the G20 Summit between November 22–23, and they will find themselves at a crossroads confronting a global landscape more fractured, polarized, and competitive than at any time since the end of the Cold War. What was once conceived as a practical forum

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Goa

Direct Container Shipping Between Novorossiysk & Goa Being Discussed

India, Infrastructure, Logistics & Transport, Russia, Trade

Russia’s Delo Group is discussing the launch of a regular sea container line featuring calls between Novorossiysk Port and Mormugao Port, in Goa, India, according to Delo CEO Sergei Shishkarev. He was speaking on the sidelines of the Transport of Russia 2025 forum. Mormugao Port ceased container handling several years ago, but the equipment for

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India

Russia To Approve New Indian Fisheries For Domestic Consumer Market 

Agriculture, Imports, India, Russia, Trade

Russia is processing approvals of nearly 25 Indian fishery companies, with Indian Commerce Minister Piyush Goyal saying the approval will enable them to begin exports to Russia. Moscow aims to address the growing trade imbalance with India during Russian President Vladimir Putin’s trip next month. India’s exports to Russia are worth US$5 billion, while imports

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SCO Russia

Russia, Shanghai Cooperation Organisation Trade Hits US$409 Billion, New Financial Architecture Being Created

China, Economy, Eurasian Economic Union, Finance, India, Infrastructure, Russia, Shanghai Cooperation Organisation, Trade

Moscow has been hosting the Shanghai Cooperation Organisation (SCO) Heads of Government Summit, with the Russian President, Vladimir Putin, noting that Russia’s trade with SCO members has reached US$409 billion.  He stated, “Russia’s trade turnover with SCO countries reached $409 billion in 2024 and continues to grow. Of course, the lion’s share of this is

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