Russia’s Chetra, an industrial construction vehicle and parts manufacturer, have signed an agreement with Indonesian market entry experts to evaluate the potential for the company to invest in production in Indonesia. The country is going through a construction boom making Chetra’s interest very timely.
Russia is the world’s largest producer of Amber, and mined a record 726 tonnes in 2025. Most of this is exported to China, as well as markets in the UAE, Kuwait and Kazakhstan.
The Russian and Indonesian Ministries of Trade & Industry have signed a Cooperation Agreement in the industrial sector, with Russia expressing interest in Indonesian shipping, aviation, and infrastructure including construction of the new capital city at Nusantara.
The Russian Foreign Minister, Sergey Lavrov has met with Mahmoud Ali Youssouf, the African Union chair, in Addis Ababa, the capital of Ethiopia. Russia is pro-African development and wants to see it gain seats on the UN Security Council.
Senior Russian and Armenian officials have met in Ekerterinburg to discuss EAEU trade and development just two weeks after Armenian elections appointed a pro-EU government. We examine the situation and provide the geopolitical analysis.
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The Indian Ambassador to Russia has said that discussions concerning a Russia-India Bilateral Investment Treaty and the Eurasian Economic Union-India Free Trade Agreement are both progressing. Both sides have committed to adding another $40 billion to their trade by 2030 suggesting progress may be within reach.
Russia’s wheat exports to Tanzania are up 16% year on year while overall wheat exports to East Africa are up 26% also driven by Kenya and Uganda. Tanzania is a major wheat consumer but needs to import about 90% of its annual requirements.
Russian warships from the Pacific fleet in Vladivostok have arrived in Qingdao on the east China coast to participate in Yellow Sea and Pacific Ocean naval exercises which are to run from July 6-13. They include live fire drills and simulated submarine rescue operations as part of an ongoing maritime cooperation treaty.
Freight trade between Russia, Azerbaijan and Iran along the Western route of the INSTC rose by 50% in June as a result of Iran shifting its supply chains north. This is having a significant impact on new Caspian-Eurasian trade flows.
The Eurasian Economic Commission has met to discuss protocols concerning the EAEU-Mongolia Free Trade Agreement, which is set to commence from July 22. Meetings were held with Mongolian government and business representatives as part of the ‘Mongolia to Eurasia Strategic Dialogue’.
Russia is developing a new Arctic International Research Station in Nenets, to study engineering, life support and other solutions in cold weather environments.
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