Infrastructure

Russia’s Trade With BRICS Countries Increases 6% In 5M 2024

BRICS, Economy, Infrastructure, Investment

The BRICS Partnership for a New Industrial Revolution is Underway Anton Alikhanov, Russia’s Trade & Industry Minister, has been attending the 8th meeting of the BRICS Industrial Ministers in Nizhny Novgorod, and has said that during the first five months of 2024, Russia’s trade turnover with the complete BRICS membership increased by 6.3%. This includes […]

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Murmansk Port

Russia To Prioritise Development Of Five Arctic Ports & Three Connecting Rivers 

China, Infrastructure, Logistics & Transport, Trade

Russian presidential aide Nikolai Patrushev, who oversees the country’s national maritime policy, has stated that the Arctic ports of Murmansk, Arkhangelsk, Dikson, Tiksi and Pevek are the priority developments to allow the Northern Sea Route (NSR) to become one of Russia’s main transport arteries. This needs to be carried out in conjunction with the development

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Russian Residence Visas Available To Foreign Nationals With Shared Russian Values

Economy, Foreign Investment, Infrastructure, Miscellaneous

Foreign nationals who share Russia’s traditional values, and disagree with the ‘neoliberal’ principles imposed by their own governments can now apply for Russian residency permits, according to a decree signed on Monday (August 19) by President Vladimir Putin. Unofficial estimates suggest that up to 80,000 foreign individuals – and their families – would take up

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Russia – Azerbaijan 2024 Bilateral Trade & Development 

BRICS, Eurasian Economic Union, Infrastructure, Trade

Russian President Vladimir Putin has been visiting Azerbaijan on August 18-19, holding negotiations and discussions with Azerbaijani President, Ilham Aliyev. The talks are designed to address the further development of Russian-Azerbaijani relations of strategic partnership and alliance, as well as current international and regional issues” according to a Kremlin press release. Plans are in place

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Russia BRI

China’s Belt & Road Initiative In Russia

China, Finance, Infrastructure, Investment

China’s main thrust into the potential of investing in Russia as part of its global Belt & Road Initiative (BRI) overseas investment and infrastructure plan essentially began in 2018, when the Chinese government published its “China-Russia Cooperation and Development Plan for the Russian Far East (2018-2024).” This is a programmatic policy document guiding cooperation between

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FESCO

Direct Shipping Introduced Between Vladivostok, Malaysia and Vietnam

Infrastructure, Logistics & Transport, Trade

Russia’s FESCO Transportation Group is launching the FESCO Intra Asia Service (FIAS) regular line between Vietnam and Malaysia, the company has stated. A 400TEU container ship from the FESCO fleet will operate the line between the Vietnamese port of Ho Chi Minh City and Malaysia’s Port Klang. The ship will depart once a week and

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Russia’s Domestic and International Air Freight Volumes Show Signs Of Recovery

Infrastructure, Logistics & Transport, Trade

The volume of air freight transported overseas by Russian airlines in H1 2024 amounted to 63,400 tonnes, 3% more than in the same period of 2023, according to statistics from the Federal Air Transport Agency. To compare, in the first 6 months of 2022, which saw international air cargo at 196,000 tonnes meaning that slow

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Airline Sunset

Western Airlines Pull Out Of China, Leaving Huge Development Opportunities For The BRICS 

Africa, BRICS, China, India, Infrastructure, Logistics & Transport, Trade

Several Western airlines are pulling out of routes servicing China as sanctions have forced Western carriers to incur greater operational costs by avoiding Russian airspace. British Airways, Virgin Atlantic and Quantas are just three who are giving up what were lucrative direct flights to Beijing and Shanghai. Other, BRICS and BRICS related airlines are now

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Overall Russian Container Turnover Grows 14% In H1 2024

Infrastructure, Logistics & Transport, Trade

The container turnover of Russian seaports in January-June 2024 amounted to 2.744 million TEU, 14% more than in the same period of 2023, according to the analytical review of Morcentre-TEK. In general, according to the Morcentre’s data, 987,500 TEU – an increase of 15.8% – were loaded for exports, with imports up 15.9% at 1.15

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Russia Wants To Develop Tanzanian Gas Sector & Indian Ocean Port Hubs  

Africa, BRICS, Infrastructure, Trade

Andrey Avetisyan, Russia’s Ambassador to Tanzania, has identified the country as having attractive potential as a trade hub to develop Russian trade with Africa and beyond. The countries east coast can bee easily connected with the existing North-South Transport Corridor, and lies on the Indian Ocean.     Avetisyan said that “Tanzania has access to the Indian

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