Russia’s Ozon online marketplace has entered Turkmenistan and has partnered with the national postal service to arrange deliveries. Ozon is one of Russia’s largest and pioneering e-commerce companies, often referred to as the “Amazon of Russia”, offering millions of products across multiple categories and sustaining a wide logistics and delivery network. It has had significant growth in Central Asia in recent years.
The Russian Prime Minister Mikhail Mishustin has met with Kazakh President Kassym-Jomart Tokayev in Shymkent to attend a Eurasian Economic Union Intergovernmental Commission. Russia-Kazakh bilateral trade has reached nearly US$30 billion, ahead of schedule, while Russian investment in Kazakhstan has reached US$50 billion. The two countries collaborate in energy, agricultural and numerous engineering sectors.
Russia’s FESCO Transport Group is emerging as an significant Asian regional multimodal carrier as it begins servicing intra-Asian and not just Russian trade. As an example, the group recently shipped Vietnamese vehicles to Kazakhstan.
Russia and Vietnam have agreed several new oil and gas development deals including Joint Ventures in each others countries. Russian investors are also eying Vietnamese oil fields and refining facilities in the South China Sea.
Russian agriculture exporters are targeting South China’s ‘Greater Bay Area’ as a new export market as products diversify to different regions of the country a long way from the northern border. The Greater Bay Area includes Guangdong Province in addition to Hong Kong and Macau and is one of China’s most affluent regions.
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Russia’s Energy Minister, Sergei Tsivilev has stated that Russia has enough oil and gas supplies to meet its own needs, fulfill outstanding contracts, and supply all countries who ask for deliveries. He said ‘a profound transformation is happening, even in mindsets’ as regards global energy supplies and Western sanctions policies.
Russia has invited scientists from ‘friendly countries’ to participate in nuclear energy research at the world’s largest such facility, RIAR in Dimitrovgrad. This excludes European scientists. We examine the differences between Russia and Europe’s nuclear power generation capabilities, the reasons for this exclusion and Rosatom’s developing plans for expanding nuclear energy use on an international basis.
Russia’s Uranium One Group (part of TENEX, a Rosatom subsidiary) and Brazil’s NBEPar have signed an agreement to establish a joint venture in Brazil. Part of the new companies remit will be to assess and develop uranium deposits in the country with an additional view of developing Brazil’s nuclear energy sector.
The Russian government has approved another four Russian-made, Chinese branded vehicles for use as taxis. We provide the full list of approved vehicles for this market. Demand for taxi rides is a fast growing sector of the public transport industry in Russia.
Russia’s Red Wings airline is to start direct flights from Krasnodar to Bodrum in Turkiye during the period June-October to cater for the summer holiday season. Krasnodar airport was closed for three years between 2022-25 due to the special operation in nearby Ukraine. Russian tourists have become a sought-after commodity as they have higher levels of disposable income than Europeans and spend more at their destinations.
Russia and Vietnam have signed Nuclear Energy Agreements that pave the way for the development of a NPP in Vietnam. The agreement provides for the construction of a 2,400 MW NPP, and regulates the terms and key areas of cooperation between the parties in implementing the project. It sets up the necessary legal framework for the plant’s construction and will determine the course of Russian-Vietnamese nuclear cooperation for decades to come.
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