Russian Market Archives - Page 23 of 26

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

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, Legal & Tax, 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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Russian Lawmaker Suggests Greenland Joins Russia

Investment, Regulatory, Legal & Tax, Russian Market

Russian lawmaker Vitaly Milonov, a deputy of the State Duma, has suggested that if Greenland truly wishes to join another country, then it has more in common with Russia and should become part of the Russian Federation. Milonov’s remarks follow numerous controversial statements made by US President Donald Trump about plans to annex Greenland, despite

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Russia, China Air Transport To Continue Development Beyond 197 Weekly Flights

China, Exports, Imports, Infrastructure, Logistics & Transport, Russian Market, Trade

Meetings held between 15 Russian airlines and an aviation delegation from the Chinese Embassy have discussed the bilateral strengthening of cooperation in Russia-China passenger and cargo air transport. The meeting was chaired by Lev Kosinov, Head of the Department for Transportation Regulation and International Cooperation of the Russian Federal Air Transport Agency. In volumes, during

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Russia’s Digital Financial Assets Grew Fourfold In 2024

Economy, Finance, Infrastructure, Russian Market, Trade

Russia’s digital financial assets market grew more than 4 times in 2024, according to the Russian ACRA credit rating agency. Although still developing and partially hampered by sanctions, the overall trend is positive, with holdings up to ₽150 billion by the end of last year. According to ACRA’s estimates, digital financial instruments in Russia have

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