Middle East

Syria

Russia-Syria 2025 Diplomatic, Trade, and Security Updates

Middle East, Security, Trade

A Russian delegation has been visiting the new regime in Syria following the fall of the pro-Russian Bashar al-Assad government lasts month. In apparently positive news for Moscow, Russian Deputy Foreign Minister Mikhail Bogdanov has reported that Moscow and Damascus intend to maintain their historically stable and mutually beneficial relationship. It was the first Russian […]

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Russia Azerbaijan Flags

Russia – Azerbaijan Bilateral Trade Up 10.1% In 2024

Commonwealth of Independent States, Infrastructure, Middle East, Trade

Trade turnover between Azerbaijan and Russia rose 10.1% year-on-year to nearly US$4.8 billion in 2024, Azerbaijan’s State Customs Committee (SCC) has stated. This places Russia third among Azerbaijan’s foreign trade partners after Italy and Turkey. The volume of Azerbaijan’s exports to Russia decreased 1.5% year-on-year to US$1.178 billion. Exports to Russia accounted for 4.4% of

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EAEU-IRAN

EAEU Members Complete Procedures For An Iran Free Trade Agreement

Eurasian Economic Union, Middle East, Regulatory, Trade

The Eurasian Economic Union (EAEU) member states have completed the procedures needed for the entry into effect of the free trade agreement with Iran, the Eurasian Economic Commission (EEC) has stated to Andrei Slepnev, the EEC’s Trade Minister. Slepnev himself stated that “Currently, the procedures necessary for the entry into force of the free trade

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Russia, UAE Finalise Double Tax Agreement To Commence 1st January 2026

Finance, Middle East, Regulatory, Trade

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

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Iran Gas

Russia, Iran, To Work On Gas Pipeline With Capacity Greater Than Russian Supplies To Europe

BRICS, Energy, Exports, Infrastructure, Middle East, Trade

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

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Rubles Rials

Russia’s VTB Bank To Open Full Banking Services In Iran

BRICS, Economy, Eurasian Economic Union, Finance, Middle East, Trade

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

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INSTC

Eastern Section Of The North-South Transport Corridor Volumes Increased Threefold In 2024

BRICS, India, Infrastructure, Logistics & Transport, Middle East, Russia's Belt & Road, Trade

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

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