Russian Market

DPRK 2

North Korea To Send Thousands Of Engineers To Russia To Reconstruct Kursk

Asia, Imports, Infrastructure, Russia's Belt & Road, Russian Market, Security, Trade

North Korea will send thousands of engineers and military personnel to Russia’s Kursk Region to assist in demining operations and reconstruction efforts, Russian Security Council Secretary Sergey Shoigu said on Tuesday (June 17). He has been in Pyongyang to discuss investment and security issues with the North Korean leader, Kim Jong-un.  North Korean troops fought […]

North Korea To Send Thousands Of Engineers To Russia To Reconstruct Kursk Read More »

Yakovlev

Airbus & Boeing Out, Yakovlev In: Russian Airlines Order 200 MC-21

Infrastructure, Investment, Logistics & Transport, Russian Market

Russian Transport Minister Roman Starovoit has stated that Russian airlines are to sign contracts for 200 MS-21 aircraft, with the certification process for the aircraft already underway. He was speaking at the 2025 St. Petersburg International Economic Forum (SPIEF). Western aircraft manufacturers have lost the Russian market after Western countries imposed bans on aircraft from

Airbus & Boeing Out, Yakovlev In: Russian Airlines Order 200 MC-21 Read More »

RNCB_Flag

Russia’s VTB Finalizing Legal Integration With Crimea’s National Commercial Bank

Economy, Finance, Russian Market

Russia’s VTB bank, the second largest in Russia, has finalized the legal merger of Crimea’s largest bank, the Russian National Commercial Bank, (RNCB), with integration procedures to be completed by the end of 2025, according to VTB CEO Andrei Kostin. He stated that “Completing RNCB’s integration is not just a technical step. We hold RNCB

Russia’s VTB Finalizing Legal Integration With Crimea’s National Commercial Bank Read More »

Exports

German Economic Institute: “Russia’s Exports Have Grown Considerably”

China, Economy, Exports, India, Russian Market, Trade

The German Economic Institute has reported that Russia’s exports have grown considerably compared to figures recorded prior to the Ukraine conflict and despite sweeping Western sanctions. In a report published on Friday (June 13), the institute stated that “despite all European efforts, Moscow is ‘skilfully exploiting the loopholes in the sanctions regime to expand its financial resources.’”

German Economic Institute: “Russia’s Exports Have Grown Considerably” Read More »

Russian Alcohol

Russia’s Changing Alcohol Consumption Market

Culture, Imports, Russian Market, Trade

Russia’s alcohol consumption behaviour has been changing in recent years due both to geostrategic changes in global markets and because of Russia’s internal policies. The latter has included a tightening of fiscal policy in the alcohol industry in early 2025, introducing higher excise taxes, higher minimum retail prices, and higher import duties. This has led to a

Russia’s Changing Alcohol Consumption Market Read More »

Kalmykia

Russia’s Kalmykia Republic to Host International Buddhist Forum

Asia, Culture, Russian Market, Trade

The Russian Republic of Kalmykia is set to host the 3rd International Buddhist Forum, a major international event celebrating spiritual dialogue and cultural unity. It will take place in Kalmykia’s capital city, Elista, from September 25 to 28. Kalmykia is the only Buddhist republic in Europe, located in the Eastern Caucasus. Most Kalmyks practice Tibetan Buddhism. The ancestors

Russia’s Kalmykia Republic to Host International Buddhist Forum Read More »

Myanmar

Russia and Myanmar to Sign Visa-Free Travel Agreement in September

Asia, Exports, Imports, Russian Market, Trade

Russia and Myanmar are ready to sign an intergovernmental visa-free travel agreement in September, the Russian Economic Development Ministry has said. The subject was discussed at a meeting of Russian Economic Development Minister Maxim Reshetnikov and Kyaw Soe Win, Myanmar’s Minister of Hotels and Tourism at the Travel International Tourism Forum in Moscow. Reshetnikov said

Russia and Myanmar to Sign Visa-Free Travel Agreement in September Read More »

Serbia

Russia and Serbia to Collaborate on Mutual Tourism Development

Exports, Russian Market, Trade

The Russian Economic Development Minister, Maxim Reshetnikov, and Serbian Tourism and Youth Minister, Husein Memic, have coordinated a roadmap for developing bilateral cooperation in tourism. Serbia remains one of the key and fastest-growing destinations for Russian tourists with connecting flights from Belgrade to most European capital cities as well as Russia. It has become a key hub

Russia and Serbia to Collaborate on Mutual Tourism Development Read More »

Iran

Russia and Iran to Collaborate on Co-Produced Films

BRICS, Culture, Middle East, Russian Market

Russia and Iran are drafting an agreement on cooperation in joint film production, Russian Culture Minister Olga Lyubimova said on Tuesday, saying, “Cinematography is a key area for cooperation.” New Russian and Iranian films are traditionally presented at major festivals, and there is regular exchange of delegations of filmmakers.” She was speaking after meeting with

Russia and Iran to Collaborate on Co-Produced Films Read More »

EVisa

Russia Considering Issuing Multiple-Entry E-Visas

Exports, Regulatory, Russian Market, Trade

The Russian Ministry of Economic Development, together with the Russian Foreign Ministry, is working on introducing the possibility of multiple uses of an electronic visa to Russia, according to Maxim Reshetnikov, the Minister of Economic Development. He was speaking at the international tourism forum “Travel!” on Tuesday (June 10). Reshetnikov said that “Currently, nationals from

Russia Considering Issuing Multiple-Entry E-Visas Read More »

Subscribe
Subscribe
Scroll to Top