The Iran conflict has escalated and is introducing logistics problems for Russians and other foreigners in the Middle East region, with the impact being felt from Egypt, Israel, the United Arab Emirates, Saudi Arabia, Turkiye and Qatar, while also affecting onwards transit to India, China and other Asian destinations. Russian logistics companies are seeing delays in the […]
The Russian Ministry of Transport has said that it expects that the law on the use of unmanned vehicles on Russian roads will be adopted as early as 2026 and enter into force in Q3 2027, according to Andrey Nikitin, the Deputy Minister. Nitikin said that “We are currently preparing the text of the law […]
Multiple Eurasian commodity and futures exchanges have signed a declaration on establishing the International Association of Commodity and Futures Exchanges. This new association is intended to become a platform for interaction among commodity and futures exchanges from EAEU+, SCO, and BRICS+ countries. This will enable coordinated policies for developing organized commodity markets. Participants include the […]
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 […]
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 […]
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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 […]
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.’” […]
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 […]
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 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 […]
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 […]
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