Russian Market

Putin Speech

Putin Discusses Development Of Russian Far East: Content & Analysis

Asia, Infrastructure, Investment, Russian Market

The Russian President, Vladimir Putin, has been taking part in the Plenary session of the 10th Eastern Economic Forum. Putin gave a lengthy speech, which exclusively dealt with development issues in the Russian Far East, and covered regional economic, industrial development, rare earths, energy, logistics, the Trans-Arctic Corridor, shipbuilding, legal and tax incentives, an Arctic […]

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Intervision

United States To Participate In Russia’s Intervision Song Contest

Culture, Russian Market

The United States is to participate in this month’s Intervision Song Contest being held in Moscow on September 20, with American singer-songwriter B Howard representing the US. The Intervision Song Contest is Russia’s version of the Eurovision contest, which has been criticised for promoting a woke and LGBTQ agenda. Russia has been banned from entering

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Wine

Russian Wines Have Replaced 60% Of European Imported Wines In Russian Markets & Restaurants

Agriculture, Investment, Russian Market, Trade

Consumer interest in Russian wine is rising amid systematic operations to develop the industry and improve product quality, according to the Russian Agriculture Ministry, which stated that “Over 60% of wine on store shelves and in restaurants is now domestically produced, with Russian consumers increasingly choosing Russian wine.” Wine production in Russia is also growing,

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Credit Rating

Russia, Belarus Governments Support Creation Of Joint Credit Rating Agency

Finance, Infrastructure, Investment, Russian Market, Trade

The Standing Committee of the Russia-Belarus Union State has supported a proposal to create a credit rating agency, the committee has said. The move is necessary, as Western credit ratings agencies, including Fitch, Moody’s, and S&P, pulled out of these markets in 2022, making it extremely difficult for banks and companies in Russia and Belarus

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China

Russia-China Bilateral Trade Growth “To Be More Restrained” As Rebalancing And Asian Priorities Impact Development

ASEAN, China, Investment, Russian Market, Trade

The growth of bilateral trade between Russia and China in the medium term may be more restrained than it has been in recent years, according to Anton Alikhanov, Russia’s Minister of Industry and Trade. He was speaking at the Russian-Chinese business forum in Kazan and said that among the reasons for the slowdown in growth

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Ulyanovsk

Chinese Investors Looking to Localize Production In Russia

China, Investment, Russian Market, Trade

Chinese companies are interested in further localizing their production in Russia, according to Oleg Nepochatov, the CEO of the Ulyanovsk Special Economic Port Zone. He was speaking at the 3rd Sprouts Business Forum which has been held in Kazan. Nepochatov said that “We see the demand of the Chinese companies to deepen localization of their

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Goslog

Russia Integrating Its Goslog Digital Transport System With China & BRICS

BRICS, China, Finance, Logistics & Transport, Russian Market, Shanghai Cooperation Organisation, Trade

Russia is both developing and integrating its digital transport system with China’s, according to Igor Levitin, an Adviser to the President of Russia and Special Representative for International Transport Cooperation. He was speaking at the Rostki International Forum in Kazan. Speaking at the session on “Russia-China: Logistics Connectivity as a Basis for Sustainable Partnership”, Levitin

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IPO

Russia To Stimulate IPO Market By Providing Multiple Incentives

Economy, Finance, Infrastructure, Russian Market

The Russian government and the Central Bank of Russia are to motivate Russian companies to raise investment capital by listing on Russian stock exchanges. These measures include subsidizing loans, preferential mortgage rates, providing procurement guarantees and other incentives.  This follows the government’s strategy of encouraging Russian companies to enter the equity capital market, with the

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Main India

India Pivots To BRICS During Meetings In Moscow

BRICS, Exports, Finance, Imports, India, Infrastructure, Russian Market, Security, Trade

The Indian External Affairs Minister, Subrahmanyam Jaishankar has been holding talks in Moscow, meeting with both Sergey Lavrov, Russia’s Foreign Minister, and Russian President Vladimir Putin. The talks come just as the United States has threatened to increase tariffs to 50% on Indian exports to the United States in retaliation for India purchasing Russian oil.

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Cian

Another EU Listed Company To Re-Domicile To Russia

Economy, Finance, Russian Market, Trade

Cian plc, the holding company of the Cian classifieds real estate advertising services company, has filed a request with the Cypriot regulator for redomiciliation to Russia on August 18, the company has stated. Cian’s shareholders approved the redomiciliation of the legal entity in spring this year. The redomiciliation of Cian plc involves the subsequent automatic

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