Russia is investing huge amounts of capital to support its pivot to Asia, with massive road, rail, maritime, and air connectivity projects, as well as giant energy infrastructure projects, all underway. Russia aims to boost exports by increasing foreign infrastructure construction support by 13 times. Discover investment opportunities in Russian infrastructure. Analysis of key projects in transport, logistics, and energy. A vital resource for construction, finance, and engineering firms.
The Joint Russia-Myanmar Commission For Trade & Economic Cooperation was held in Moscow this week, with Russia and Myanmar expanding their bilateral trade and economic ties through long-term commodity agreements, joint infrastructure projects, and alternative settlement mechanisms. Bilateral trade turnover has been scaling up, with total trade values close to US$2 billion.
Kazakhstan, Uzbekistan and the UAE have signed an MoU to cooperate on the proposed Kazakhstan-Uzbekistan-Afghanistan-Pakistan railway project, also known as the Central Asia-South Asia (CASA). If completed, it would give the region access to Pakistani seaports. This also has implications for Russian exports. We discuss the latest developments and what this means for Russian trade potential.
The Trans-Caspian corridor is developing fast and is expected to achieve record freight tonnage during 2026. We examine the route and show where the growth development segments are.
Georgia’s state-owned Georgian Railways have purchased 200 new freight railcars from Russia’s JSC Roslavl Railcars, in a deal worth the equivalent of US$9.6 million, payable in rubles. The contract also provides for maintenance and repair works. Most of the cars are gondolas used for transporting minerals.
The Russian taxi ordering service WB Taxi is launching early access for users in Yerevan, Wildberries & Russ (RWB) has announced. Users can download the mobile application and leave a request to connect. In the coming weeks, access to the service will gradually be expanded across Armenia.
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The Eurasian Economic Union and the Shanghai Cooperation Organisation have agreed a Joint Action Plan to cover the period 2027-2030. This covers important trade development areas including digitalization, information and communication technologies, customs regulation, agro-industry, food security, sanitary and phytosanitary measures, consumer protection, green-economy issues and information exchange. We deep dive the contents to explain exactly what this means and the impact on EAEU and SCO members.
Russia’s trade with the Global South and ‘friendly’ countries now accounts for 85% of its total, reaching about US$299 billion in H1 2026. The West provides just 15% of Russia’s economic trade and continues to decline. We examine the main Global South trade partners in all regions, and provide the latest H1 2026 trade data. There are some surprising results for those who assume Russia only trades oil with China and India. The non-energy sector on a worldwide basis is increasingly dominant as Global South trade volumes continue a Russian growth trajectory.
Hong Kong has just hosted a Russian business mission, with both local and Russian companies interacting to explore potential for local market and Greater Bay Area penetration for Russian products. Hong Kong is also well positioned to assist Russia exporters access markets in ASEAN. Current Russia-Hong Kong trade hit US$2 billion in H1 2026, while the SAR also providing non-cash financial services to Russian companies trading with China – Hong Kong has handled over 100 tonnes of Russian gold bullion destined for China this year.
Russian, Mongolian and Chinese officials have agreed to set up a working group to study the potential of a proposed Russia-Mongolia-China Western Railway Corridor that would link Russia’s Tuva region with Mongolia’s Uvs Province, and onto China’s Xinjiang Province in the countries Far West.
New railway construction is part of China’s latest 5 year development plan, while Mongolian President Ukhnaagiin Khurelsukh also discussed the project with Russian President Vladimir Putin during the SCO summit last month.
Aeroflot has placed another order of 90 MC-21 passenger aircraft from UAC, to be delivered between 2029 and 2032. The aircraft is wholly Russian manufactured, and is designed to carry up to 211 passengers. The order basically means that Aeroflot will have replaced nearly its entire fleet of the 170 Airbus and Boeing aircraft it previously operated or purchased from the EU and the United States.
Russia has been discussing the resumption of direct flights with Japan and South Korea in talks described as ‘complicated’ concerning sanctions and insurance issues. Japan’s bilateral trade with Russia has dropped by nearly US$7 billion per annum since 2022 and South Korea’s by US$9 billion – costing these economies as estimated US$64 billion in trade and their Russian market access since sanctions were imposed.
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