Investment

Putin Wants Russia’s Largest Companies To Relocate To The East 

Economy, Infrastructure, Investment

Russian President Vladimir Putin has ordered plans to be developed for major state-run companies to relocate their headquarters from Moscow to other parts of the country. The move is aimed at boosting regional budgets, help alleviate labor shortages, and reflect the growing importance of Russian development towards Asia.  De-centralization would also boost the economies of […]

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Corporate Registrations In Russia’s Offshore SAR Increase 30% In 2024 YTD

Economy, Finance, Investment, Trade

Russian and foreign investors are starting to become more savvy over tax incentives on offer in Russia’s Special Administrative Regions (SAR), increasing their investments by almost a third since the beginning of this year. The two SAR that Russia currently has are sited in Kaliningrad, in Western Russia, and Russky Island, Vladivostok in the Primorye

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Flags

Russia To Develop A Pacific Ocean Port for Belarus Exports To China

China, Eurasian Economic Union, Investment, Trade

Oleg Kozhemyako, the Governor of Russia’s Far Eastern Primorsky territory, has stated that a special port for use by Belarusian exporters will be developed on Russia’s eastern seaboard. The announcement was made after Kozhemyaako met with Alexander Lukashenko, the President of Belarus in Minsk earlier this month. Chinese developers are also interested in the construction

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Russia – Kyrgyzstan Eurasian Development Agenda Puts Priority On Regional Trade

Eurasian Economic Union, Investment, Trade

Sergey Glazyev, the Eurasian Economic Union Minister for Integration and Macroeconomics, has been taking part in the 11th Russian-Kyrgyz Interregional Conference in Krasnoyarsk. The event is annually attended by heads of regions, entrepreneurs, representatives of business development and support institutions of the countries of the Eurasian Economic Union (EAEU). These include Armenia, Belarus, Kazakhstan, Kyrgyzstan

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Primorye Krai Targets US$11 Billion China Trade For 2024

BRICS, China, Investment, Trade

The government authorities of Russia’s Primorye Krai region, which borders China and North Korea, aim to boost trade with China up to US$11 billion by the end of 2024. The statement comes as the region hosts a delegation for the facilitation of international trade from China’s northern Heilongjiang province, which shares a significant border with

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European Workers Suffer Russia Sanctions Blowback With Predictable Redundancies

Economy, Finance, Investment, Trade

We rarely comment about the sanctions regime here on RPA mainly because we deal with trade and investment issues and also as the topic is usually well covered elsewhere. However, the news that Unilever are to slash their European workforce by 30% is a predictable result of sanctions being placed upon Russia and political pressure

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Russia’s Leading Low-Cost Retailer Redomiciles From Cyprus to Kazakhstan

Economy, Eurasian Economic Union, Foreign Investment, Investment

Cyprus loses a major Russian client to Kazakhstan’s fiscal gain as Western exits increase  The Russian chain of low cost retailers, Fix Price has redomiciled its corporate PLC entity from Cyprus to the Astana International Financial Centre in Kazakhstan. Fix Price operate over 6,500 retail stores worldwide, with 2023 revenues of ₽291.9 billion (US$3.3 billion)

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Northern Sea Route To Have New Eastern and Western Logistics Terminals 

Infrastructure, Investment, Logistics & Transport

Logistics terminals in Bilibino and Arkhangelsk, each with the capacity to handle 36,000 tonnes of cargo per annum, will be build by Russia’s Promstroyarktik LLC , according to the Chukotka’s governor’s office. The project will be carried out with the Far East and Arctic Development Corporation (FEDC) under the Arctic Free Trade Zone, which offers

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