The Russian Agriculture Ministry has stated that Russia exported over 700,000 tonnes of meat and by-products in 2024, 27% more than in 2023. Russia exported 34% more pork products, 25% more poultry products and 22% more beef products, and has additionally achieved more than 100% self-sufficiency for meat and meat products, which not only guarantees […]
Russia and the United Arab Emirates have concluded the final round of negotiations on and initialled the draft of a new Double Taxation Agreement (DTA) on income and capital and to help prevent tax evasion. DTA provisions typically protect tax payers from being taxed twice for the same income, such as a Russian national working
Russia, UAE Finalise Double Tax Agreement To Commence 1st January 2026 Read More »
Syria’s Transitional Administration has announced a new decree banning the importation of goods from Russia as well as Iran and Israel. This decision comes after the Syrian government had also imposed restrictions on the entry of citizens from Iran and Israel. This ban will be enforced at all land and sea border points in the
The Russian President, Vladimir Putin, has been discussing the development of a natural gas pipeline from Russia to Iran, stating that while the project will be implemented despite some difficulties, it will go ahead. Putin was speaking following talks with Iranian President Masoud Pezeshkian in Moscow on Friday (January 17). Putin said that “Speaking of
Russia’s VTB bank plans to open a full-fledged subsidiary bank in Iran by the end of 2025, the bank’s President and Board Chairman Andrei Kostin has stated. VTB opened a representative office in Iran in 2023. Kostin said that “We plan to open a full-service bank by the end of this year. VTB will be
Russia’s VTB Bank To Open Full Banking Services In Iran Read More »
The Iranian Ambassador to Russia, Kazem Jalali, has said that during 2024, between 1.8 million and 2 million tonnes of cargo were transported along the eastern branch of the North-South international transport corridor, which leads to Iran through Kazakhstan and Turkmenistan. This is approximately three times more than in 2023. Two other branches of this
President Vladimir Putin of Russia and President Masoud Pezeshkian of Iran have been holding talks at the Kremlin on Friday (January 17) and have signed a Comprehensive Strategic Partnership Treaty. According to officials from both counties, the document covers multiple areas, including defense, the fight against terrorism, the energy sector, finances, transport, industries, agriculture, culture,
Russia, Iran Sign 20 Year Comprehensive Strategic Partnership Treaty Read More »
Oman is interested in attracting Russian investors in the sectors of sustainable development, tourism, technology, as well as other areas, according to the Omani government. In order to create favorable conditions for foreign investment, Oman has been developing special economic zones in the country and has specifically created areas where the Sultanate needs a Russian
Oman Looking To Attract Russian Investors To Develop As A Middle East Hub Read More »
Iran’s imports of non-oil products from Russia have reached US$1.1 billion in the past 8 months, according to Foroud Asgari, Iran’s Minister of Customs. He said that Russia has now become the fifth largest source of Iranian imports. In early December, Russian President Vladimir Putin had highlighted the stability and reliability of trade and economic
Iran Imports From Russia Up As New Supply Chains Kick In Read More »
Brazil has just become the new Chair of the BRICS group, taking over from Russia. The 2025 BRICS summit can be expected to be held in Rio de Janeiro, where the G20 also met just a few months ago, ensuring Brazil retains a global focus of key economic participants. Many in Brazil already regard the
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