Russia’s trade and investment into the Middle East is rapidly developing, with relations both through the Gulf Cooperation Council and the Arab League all helping boost bilateral trade by 25% during 2025. Partially driven by the developments along the INSTC, and new regional free trade agreements, we provide analysis of the growing Russia-Middle East economic partnership. Discover trade statistics, investment flows from the GCC, and business opportunities for companies in both regions.
The long-delayed proposals to establish a Russian Industrial Zone at Port Said near the Suez Canal in Egypt appear to be coming to a conclusion with a planned meeting of the two countries’ intergovernmental commission in May, according to Russian State Secretary and Deputy Industry and Trade Minister Roman Chekushov. An agreement to proceed with […]
Dagestan’s Makhachkala Commercial Sea Port (MCSP) is negotiating the export of fertilizers and timber products to Asia and the Middle East, according to Sergei Melikov, the Head of the Dagestan Republic. He was speaking during a conference on the development of transport in Dagestan. The Republic is part of the Russian Federation and has a […]
Russia, Iran and Iraq will form a working group for the joint development of the International North-South Transport Corridor (INSTC), Russian Energy Minister Sergei Tsivilev stated after a meeting of the Russia-Iraq Intergovernmental Commission for Trade, Economic, Scientific and Technical Cooperation. Tsivilev, the Commission Co-Chair, said that “There was a proposal from the Iraqi prime […]
The Russia-Iraq Intergovernmental Commission on Trade, Economic and Scientific-Technical Cooperation has been holding its bilateral meetings in Baghdad this week, with the two countries analyzing their existing agreements and exploring new ones to better develop more active business cooperation. Russia Energy Minister Sergei Tsivilev, in attendance, said to the Iraqi Foreign Minister Fuad Hussein “Thank […]
Russia and Qatar have agreed to step up trade and economic cooperation, including in the energy sector, Russian Foreign Minister Sergei Lavrov has stated, saying that “We have agreed to intensify work in all areas, primarily in the trade and economic sector, in the energy sector, within the framework of such organizations as the Gas […]
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The Russian Foreign Minister, Sergey Lavrov has been in Tehran holding talks with his Iranian counterpart, Abbas Araghchi, as well as with the Iranian President, Masoud Pezeshkian. Much of these discussions revolve around resolving bottlenecks at the Rasht-Astara railway route, which is part of the INSTC network between Russia and the Middle East. Construction work […]
February 27 Update: Russian and American diplomats will meet in Istanbul on Friday, February 27 to discuss administrative and communication problems in the work of the two countries’ embassies, which stacked up as a result of activities of the previous US administration. The two sides stated that meeting in Istanbul will make it clear “how fast […]
Russia’s unrealized export potential in trade with the Caspian countries is estimated at US$3.5 billion, which is about 10% of Russia’s trade turnover with the countries of the region in 2023, according to Dmitry Volvach, Russia’s Deputy Minister of Economic Development of Russia. He was speaking at the Third Caspian Economic Forum in Tehran. Russia’s […]
Russia boosted exports of baby food 14% year-on-year to over 28,000 tonnes in 2024, according to the Russian Agriculture Ministry’s Agroexport centre. Russian baby food manufacturers have been developing new markets over the past two years, with companies such as Progress, whose main brand is FrutoNyanya, preparing to export its products to the markets of […]
Russia and Iran have discussed further construction of the second phase of a nuclear power plant (NPP) in Bushehr and cooperation in the aircraft and auto industries, Russian Deputy Prime Minister Alexei Overchuk said after meeting with Iran’s First Vice President Reza Aref on Tuesday (February 18), with Overchuk saying “We discussed energy cooperation, including […]
Russia boosted turnover of agricultural products with Egypt 20% and Tunisia over 30% in 2024, the Russian Agriculture Ministry has said. The data was released following talks between Russian Agriculture Minister Oksana Lut and Baha El-Ghannam, director of Egypt’s Mostakbal Misr agency for sustainable development, and Salwa Ben Hadid Zouari, the CEO of Tunisia’s grain […]
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