Russia’s RZD Logistics are reporting an easing of rail transport problems along the INSTC and are saying that trains servicing the routes via Iran are now being booked for the March and April.
The Russian Foreign Minister Sergey Lavrov has met with the Ambassadors of all of the ASEAN countries – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam, in Moscow. They discussed improving Russia’s multilateral trade with the bloc as well as developing relations between ASEAN and BRICS, the Eurasian Economic Union and Shanghai Cooperation Organisation.
Russia has delivered 29 tons of humanitarian aid to Mozambique, sent via the huge Ilyushin IL-76 transport aircraft. The airlift delivered food supplies, essential items, as well as tents and blankets for the population affected by flooding in Mozambique.
The Russian domestic consumer market can expect supply chain difficulties due to the United States and Israeli attacks on Iran. We explain the developing logistics bottlenecks, which products are likely to be impacted and expected price rises.
India is discussing increasing the supplies of fertilizer from Russia as imports from the Middle East have ceased and China has also prohibited exports. The Indian summer crop planting season has begun and lasts through until the start of the June monsoon season, meaning the situation is becoming time critical.
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Russia’s agricultural exports to Uzbekistan rose 19% last year, with sugar amongst the best performing items. Russian chocolate, soybean meal, sunflower oil and margarine all showed signifcant increases.
Russian is to be taught as the primary second language after Cuban Spanish in Cuba to better prepare students for engagement with Russian tourists and further Russian education possibilities in the country. It is one of several nations enaging more with Russian language to encourage trade, tourism and investment ties.
The St.Petersburg International Mercantile Exchange (SPIMEX) has established a Representative Office in Beijing to assist develop Russia-China commodities trade. It has already signed cooperation agreements with various Chinese exchanges in Shanghai, Qingdao and Xinjiang. SPIMEX trades in oil and petroleum products, petrochemicals, gas, coal, timber, metals, construction materials, agricultural products, and mineral fertilizers.
Russia’s Tugansk Mining and Processing Plant in Tomsk is investing over US$500 million to upgrade its production of zirconium concentrate to both dominate the domestic Russian market and become an exporter to Asia. Zirconium concentrate is a valuable mineral resource with a wide range of applications across various new tech and energy industries.
Russia’s Rosatom and Resurs of Chelyabinsk have signed agreements to exports and supply groats to several Asian markets due to increasing consumer demand. delivery will be by rail to Vladivostok and by shipping to Asian ports although overland deliveries are also being worked out. Global consumption of groats is rapidly increasing.
The Philippines has become the third largest importer of Russian pork after Vietnam and China, and ahead of Hong Kong and Mongolia. The world’s largest pork consumers per capita are in Europe, with Russia’s supplies to Asia adequately showcasing the changing supply chains in global markets.
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