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Russia Imposes 35% Import Tariffs On Cosmetics & Perfumes From Unfriendly Countries

China, Imports, India, Russian Market, Trade

Russia’s Trade & Industry Ministry has stated that Russia will impose increased customs duty of 35% on perfume, eau de toilette, powder, hair and lip makeup products, as well as skin care products imported from unfriendly countries. The tariffs are immediately effective. The Ministry notes said that the updated list of goods subject to duty […]

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Russia-Indian Mutual Tourist Flows Could Hit 450,000 In 2025

BRICS, India, Infrastructure, Trade

The Indian Embassy in Moscow has stated that during 2024, the number of Indian tourists visiting Russia exceeded 120,000 people, and added that “If this trend continues, the mutual tourist flow can potentially surpass 450,000 for 2025.” In 2023, around 60,000 Indians visited Russia, while an estimated 160,000 Russians travelled to India – more than

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India, Russia Working Group Discusses LNG Cooperation & Bilateral Investment

BRICS, Energy, Finance, India, Investment, Trade

The 8th Session of the India-Russia Working Group on Priority Investment Projects has been taking place in Delhi, co-chaired by Amardeep Singh Bhatia, Secretary of the Indian Department for Promotion of Industry and Internal Trade, and Vladimir Ilichev, Russia’s Deputy Economic Development Minister. The session took place in the framework of the India-Russia Intergovernmental Commission

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New US Sanctions On Russian Oil Exports – The China & India Implications

Asia, China, Energy, Exports, India, Security, Trade

The United States has today (April 2) released new, immediate sanctions on Russia and in particular its energy sector. These appear based on a list of 50 measures introduced as a bill by several US Senators on Monday. Interestingly, these contain substantial penalties for third countries either buying from or handling Russian oil. Touted by

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India, Russia, Conduct Navy Military Exercises In The Bay Of Bengal

Asia, India, Security

India and Russia have launched annual joint naval exercises in the Bay of Bengal, designed to strengthen their defence cooperation. The Indra Navy 2025 exercises involve a wide range of activities, including communication training, maneuvering in formation, and artillery firing against sea and air targets. The Russian ships participating are the corvettes ‘Rezkiy’ and ‘Hero

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India Delivers Grapes To Russia’s Consumer Market Via Shanghai & Vladivostok

BRICS, Imports, India, Infrastructure, Logistics & Transport

Russia’s FESCO transport has delivered refrigerated Indian grapes to the Russian consumer market for the first time, replacing EU sourcing markets, while continuing to buy grapes from Central Asia. The 80-tonne shipment was loaded into four forty-foot refrigerated containers at the Indian exporter’s warehouse. The consignment was then transported to the Nava Sheva port near

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Russia, India, Looking To Boost Bilateral Trade Beyond US$100 Billion

Economy, Exports, Imports, India, Trade

Russia and India have been exploring ways develop their bilateral trade partnership, with officials and experts participating at the “Russia and India: Towards a New Bilateral Agenda”, organized by the Russian International Affairs Council (RIAC) in Moscow. The event, which took place last Thursday (March 27) with support from the Indian embassy, highlighted that while

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Russian Exports Of Crude Oil To India Surge During March

Energy, Exports, India, Trade

Indian imports of Russian crude oil have rebounded significantly in March, with lower prices making it more economical for Indian refiners, according to India’s Financial Express media yesterday (March 24). The cheaper prices have also led to an increase in the availability of non-sanctioned tankers, making it easier for Indian companies to transport oil. As

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Russia’s Rusal Acquires Indian and Chinese Aluminium Manufacturers

Asia, China, India, Infrastructure, Investment, Russian Market, Trade

Moscow based Rusal has signed an agreement with India’s Pioneer and KCap to purchase the Pioneer Aluminium Industries Limited alumina refinery, with capacity to produce 1.5 million tonnes per year, the Russian company said. Rusal are the world’s second largest aluminium manufacturer, accounting for almost 9% of the world’s primary aluminium output and 9% of

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Prospects For The “Greater Eurasian Partnership”: Analysis

Africa, China, Commonwealth of Independent States, Eurasian Economic Union, India, Security, Trade

The Russian Foreign Minister, Sergey Lavrov, has stated that “Eurasia needs a continent-wide structure akin to the African Union or the Community of Latin American and Caribbean States (CELAC)” in interviews this week. Bearing in mind that Western Europe already has the European Union and the Organisation for Security & Defence in Europe (OSCD), his

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RUSSIA'S PIVOT TO ASIA

«Поворот России в Азию»

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