Russian Market

INSTC

INSTC Freight Capacity To Increase By 8.3 Million Vehicles Per Annum

Commonwealth of Independent States, India, Infrastructure, Investment, Logistics & Transport, Middle East, Russian Market

The International North-South Transportation Corridor (INSTC), which links Russia to the Middle East, East Africa and South Asia, is set to increase its carrying capacity by 8.3 million vehicles per year, according to the Russia Federal State Budgetary Institution, Rosgranstroy. All major construction and reconstruction works are expected to be completed by 2030, which includes […]

INSTC Freight Capacity To Increase By 8.3 Million Vehicles Per Annum Read More »

Global South Image

Global South To Increase Share Of Global Trade: Boston Consulting

Africa, Asia, BRICS, China, Latin America, Middle East, Russian Market, Trade

The countries of the Global South, which include 133 countries in Asia, Africa, Latin America and the Middle East, will trade more actively with China in the next decade, the Boston Consulting Group (BCG) has stated in their latest report. They note that trade turnover between China and the Global South will grow by 5.9%

Global South To Increase Share Of Global Trade: Boston Consulting Read More »

SSJ100

100% Russian-Made Sukhoi Superjet Makes Maiden Flight

Exports, Infrastructure, Investment, Logistics & Transport, Russian Market

A Sukhoi Superjet 100 (SJ-100) aircraft with all of its component parts made in Russia has joined Russia’s test flight program, the aircraft manufacturer, Rostec has stated. The aircraft, bearing factory number 97003 performed its maiden flight in Komsomolsk-on-Amur. The trials were designed to test and prove the capability and stable operations of all the

100% Russian-Made Sukhoi Superjet Makes Maiden Flight Read More »

Image Hyundai

Hyundai, Kia Preparing To Return To The Russian Market? 

Asia, Imports, Russian Market, Trade

In signs that some businesses are preparing to return to the Russian market, South Korea’s auto giant Hyundai has registered at least eight new trademarks with Russia’s intellectual property service, Rospatent, this month. The filings suggest that Hyundai could be preparing for a return to the Russian market. The new trademarks grant the company the

Hyundai, Kia Preparing To Return To The Russian Market?  Read More »

Cosmetics

Russia Imposes 35% Import Tariffs On Cosmetics & Perfumes From Unfriendly Countries

China, Imports, India, Russian Market, Trade

Russia’s Trade & Industry Ministry has stated that Russia will impose increased customs duty of 35% on perfume, eau de toilette, powder, hair and lip makeup products, as well as skin care products imported from unfriendly countries. The tariffs are immediately effective. The Ministry notes said that the updated list of goods subject to duty

Russia Imposes 35% Import Tariffs On Cosmetics & Perfumes From Unfriendly Countries Read More »

LV

Louis Vuitton Preparing To Return To The Russian Market? 

Imports, Russian Market, Trade

French luxury brand Louis Vuitton has registered up to six new trademarks in Russia, according to media reports citing records kept by the country’s federal intellectual property agency, Rospatent. Louis Vuitton filed an application in October, and Rospatent registered a new trademark this month, which is valid until 2034. The Rospatent database apparently shows that

Louis Vuitton Preparing To Return To The Russian Market?  Read More »

Kaliningrad

EU loses Another Listed Company To Russian Domiciliation  

Economy, Finance, Russian Market, Trade

The European Union has lost another listed company to Russian domiciliation as video analytics solutions developer NtechLab has completed redomiciliation from Cyprus to the Kaliningrad Region Special Administrative District. The entity will be known as IPJSC NTK. N-Tech.Lab LTD owns NtechLab’s main operational legal entity in Russia – NTech Lab LLC, which is a world

EU loses Another Listed Company To Russian Domiciliation   Read More »

Dollar

Russian De-Dollarisation Has Increased To 79.8%; Trade With The West Declines To 15% Of The 2024 Total

Economy, Finance, Russian Market, Trade

The policy of de-dollarizing the Russian economy has been boosted over the past three years, mainly as an obvious reaction to US dollar sanctions being placed upon the country. Russian Deputy Prime Minister Alexei Overchuk said at the Federation Council that Russia has effectively completed a transition to settlements in national currencies: by the end

Russian De-Dollarisation Has Increased To 79.8%; Trade With The West Declines To 15% Of The 2024 Total Read More »

Arctic

Russian Arctic Needs To Be Integrated Into National Transport Infrastructure

Asia, China, Infrastructure, Investment, Russian Market, Trade

In order to maximise the potential of the Northern Sea Route (NSR) and develop it into one of Russia’s key transport lanes, Russia’s Arctic seaports need to be integrated with Russia’s railway and road shipping infrastructure and inland waterways, according to Nikolai Patrushev, Russian presidential aide and the Chairman of Russia’s Maritime Board. Speaking at

Russian Arctic Needs To Be Integrated Into National Transport Infrastructure Read More »

Subscribe
Subscribe
Scroll to Top