The Russian Ministry of Emergency Situations has sent a train consisting of 31 wagons with humanitarian aid for Iran comprising over 300 tonnes of medicines and medical supplies. Thus far, over 1,407 Iranian civilians, and over 210 children have been killed in US and Israeli airstrikes on the country.
Kazakhstan and Russia are making significant efforts to boost Eurasian continental rail connectivity with China, in moves that will further secure supply chains in the wake of current maritime shipping problems. We examine the trends and the longer term impacts.
India has placed a US$25 billion defence sector order with Russia for various military equipment including S‑400 air defence missile systems, various types of aircraft, and artillery systems, as part of a rapid military modernization drive. India is the world’s fifth‑largest military spender.
Russia is discussing energy supplies with Sri Lanka, as the country looks to diversify away from an over-reliance on Middle Eastern import supply chains, to alternative suppliers and developing its renewables sector. Sri Lanka has introduced restrictions on energy use in recent weeks due to problems with imports due from Iran.
Russia’s Novatek is to supply LNG to Vietnam with initial deliveries of 1 million tonnes. The two sides are also looking at collaborating in numerous other energy fields as Asian supply chains add alternatives to relying wholly on Middle East resources.
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Russia’s Wildberries & Russ has established a WB Taxi pilot taxi hailing service in Kyrgyzstan as the company both enters the domestic market and tests for a later launch in Russia. WB Taxi users have access to the Standard, Comfort, and Multi fares, 24/7 voice support, and chat functionality. There is also a loyalty programme.
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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