Our analysis of Putin’s speech at SPIEF including specific sections on the current global and Russian economic conditions, BRICS, Eurasian infrastructure development, sanctions, Russian development and the meaning of sovereignty. It is essential reading for all European and Eurasian development analysts.
Russia’s Rosatom has stated that the NPP it is building in China will be operational later this year and next. While many in the West view Russia simply as a ‘gas station’, Rosatom is currently involved in over 80% of new NPP builds worldwide and is a world leader in helping developing countries transition to cleaner energy.
Russia and Tanzania are negotiating the construction of a small nuclear power plant in the country. Tanzania has some of the world’s largest uranium reserves, meaning it has a local supply of fuel, which Russia is also helping to extract and process into a usable energy resource.
The Uzbek President has stressed energy cooperation with Russia as a key part of Uzbekistan’s national development, with the first stages of the countries first nuclear power plant being laid down at Jizzakh. Rosatom is building the plant and providing a credit facility. The NPP will provide about 15% of Uzbekistan’s electricity needs.
Tajikistan has the potential to increase its agricultural exports to Russia by another 10% in value, as the two countries Economic Development Ministers. Tajikistan is a source Central Asia’s best quality fruits.
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Russia’s Sberbank has plans to open ten branches throughout India to service Russian and Indian clients looking to conduct business in their respective countries. Bilateral trade hit nearly US$70 billion in 2025 and the financial architecture to facilitate and increase this is now being put into place. Most of this trade is in rupees and rubles and avoids SWIFT.
One of India’s largest pharmaceutical companies, Hetero Labs, is investing in a pharma manufacturing plant at the Technopolis Special Economic Zone near Moscow. The company manufacture drugs to deal with treatments of hepatitis, cancer, and tuberculosis.
Russia’s own version of SpaceX – SpacePort – is looking at launching operations from the Primorsky region to launch commercial satellites and related equipment. This marks a major shift from state-run space infrastructure toward independent commercial spaceflight.
The Russian and Tanzanian Presidents have met in St.Petersburg. We provide a comprehensive analysis of what was discussed and the opportunities on both sides for trade development and investment.
Iran is resuming normal trade flows with the Eurasian Economic Union and Russia despite the conflict with the United States. Iran’s problems with the US have been localised to the southern coast, however trade routes north to the Caspian are booming. There has been no “US invasion” to nationally disrupt Eurasain trade flows.
The UAE, despite its Iran/US war problems, is poised to enter into a Free Trade Agreement with the Eurasian Economic Union. The war has meant opportunities exist for Russian and EAEU corporates replacing European investors who have exited.
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