Russian Market Archives - Page 12 of 16

More Istanbul – St.Petersburg Flight Connections From March

Logistics & Transport, Middle East, Russian Market, Trade

Turkiye’s AJet airline will launch direct flights between Istanbul and St. Petersburg on March 14, according to St. Petersburg’s Pulkovo Airport. There will be four flights a week, on Mondays, Wednesdays, Fridays and Sundays. Pulkovo airports press service stated that “AJet is the fourth carrier on the St. Petersburg-Istanbul route. The number of flights to […]

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Russian Visits To Israel Decline To Just Over 70,000 For 2024

Logistics & Transport, Middle East, Russian Market, Trade

The Israeli Tourism Ministry has said that 72,600 Russian tourists visited Israel in 2024, a sharp decline from the 158,500 Russian tourist arrivals in 2023. The number of tourists fell after the Israeli-Palestinian conflict escalated on October 7, 2023. Overall, Russian visitors retained the fourth position among foreign tourists to Israel in 2024 with a

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Russia Imports More Butter From Azerbaijan, Uruguay and Argentina

Agriculture, BRICS, Commonwealth of Independent States, Imports, Latin America, Russian Market, Trade

Russia’s supply chains are showing signs of adapting far more quickly than in the past, with one example being butter imports from Azerbaijan, Uruguay and Argentina this year, which have all increased, according to Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor). Azerbaijan delivered 940 tonnes of butter, four times the amount it did

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Russia’s 2025 InterVision Song Contest To Incorporate BRICS Member Country Entries

BRICS, Russian Market

Russian President Vladimir Putin has signed an order to hold the InterVision Song Contest in 2025, establishing it as an alternative to Europe’s Eurovision. The event is scheduled to take place in Moscow this autumn. Eurovision, organized annually by the European Broadcasting Union (EBU) since the 1950s, has been subjected to controversary, accusations of prioritizing

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Russia Adds New Global South Universities To Educational Diploma Acceptance List

Economy, Foreign Investment, Imports, Russian Market

Russia’s Ministry of Education and Science has expanded the list of universities whose diplomas are recognized by the Russian authorities, and added Cairo University (Egypt), The University of Science Malaysia, University of Sharjah (UAE), and Tehran University (Iran) to its approved list. Accepted Universities must appear in at least three international rankings for 2024 out

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Aeroflot To Begin Flights To Nha Trang On Vietnam’s East Coast From March

Asia, Exports, Logistics & Transport, Russian Market, Trade

Aeroflot plans to launch flights to the Vietnamese resort city of Nha Trang in March this year, company CEO Sergei Aleksandrovsky has stated, saying “We plan to open a new route to Vietnam, to the city of Nha Trang, at the end of March. We also plan to expand our regional flight program to Hainan

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China Has Only Partially Replaced EU Exports To Russia: Gaidar Data

China, Exports, Imports, Russian Market, Trade

Analysts at the Moscow-based Gaidar Institute’s Foreign Trade Laboratory (IEP) have stated that China-Russia trade dynamics show that the pressure of secondary sanctions on China began from March 2024, when they were first applied on a large scale. However, within four months, Russian exports to China had recovered, and by July the initial decline was

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Russia Looks To India To Fulfil Its Skilled Labour Shortages

BRICS, Economy, Imports, India, Regulatory, Russian Market, Trade

Russia and India area set to sign off on an labour migration deal, an agreement will permit a flow of skilled Indian workers to Russia, Indian Ambassador to Russia Vinay Kumar has said. New Delhi and Moscow are actively discussing a memorandum of understanding to establish a Migration and Mobility Partnership Agreement, aiming to facilitate

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Russia’s State-Owned Shipbuilders Constructing 120 New Merchant Marine Vessels

Infrastructure, Investment, Logistics & Transport, Russian Market

Russia’s State-Owned Shipbuilders, the United Shipbuilding Corporation (USC) are constructing 120 vessels as part of its national civil shipbuilding remit, according to USC CEO Andrei Puchkov. He was speaking at a meeting with Russian Prime Minister Mikhail Mishustin. Puchkov said that “In terms of USC’s civilian orders, our shipyards are building about 120 different types

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Russia’s Mutual Fund Investment Market Expands To Record Capital Volumes

Economy, Finance, Infrastructure, Investment, Russian Market

2024 was a banner year for Russia’s collective investment markets, which expanded with a record number of mutual funds and the largest number of new management companies for over a decade. Wealthy investors – including foreign investors – are primarily interested in Russian industry. Since sanctions were imposed in 2022, Russian investors have been limited

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