Trade

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Russia-Indonesia Free Trade Agreement To Reduce 93% Of All Traded Goods Duties To Zero

Asia, BRICS, Eurasian Economic Union, Exports, Finance, Imports, Trade

Russian Deputy Industry and Trade Minister Roman Chekushov has said that the proposed Eurasian Economic Union free trade agreement with Indonesia has seen an initial preliminary agreement signed in St. Petersburg, with plans to sign the full agreement with the participation of all Eurasian Economic Union (EAEU) countries by the end of this year. He […]

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Commodities

International Commodity & Futures Exchange Combining Russia, Kazakhstan, Uzbekistan, India, Iran & China Launched

China, Eurasian Economic Union, India, Infrastructure, Middle East, Russian Market, Trade

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

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Wildberries

Wildberries & Russ Eying the African Consumer Market

Africa, Exports, Infrastructure, Investment, Trade

Wildberries & Russ, Russia’s version of Amazon, is preparing to enter Africa, according to CEO Robert Mirzoyan. He was speaking at the St. Petersburg International Economic Forum (SPIEF) and said, “For us, the main priorities now are to strengthen our positions in the countries where we already operate and to launch in the countries of

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South-Africa

Russia and South Africa Look to Double Bilateral Trade

Africa, BRICS, Energy, Exports, Imports, Investment, Trade

The Russian Prime Minister Mikhail Mishustin met with South African Vice President Paul Mashatile in Moscow on Wednesday (June 18) with a push to double trade turnover between the two BRICS nations. The two officials discussed deepening bilateral cooperation across a range of sectors, including energy and agriculture. Mashatile said, “Our markets are open to

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Uganda

Russia and Uganda Discuss Bilateral Trade & Investment

Africa, BRICS, Exports, Imports, Trade

The Russian Foreign Minister Sergey Lavrov has met with his Ugandan counterpart, Jeje Odongo, in Moscow. Lavrov stated, “We welcome Uganda as a BRICS partner country, and look forward to active cooperation with our Ugandan friends in this new format.” Uganda became a BRICS partner in January this year. Lavrov and Odongo discussed a broad range of

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Burkina Faso

Russia and Burkina Faso Sign Nuclear Energy Cooperation Agreement

Africa, Energy, Exports, Investment, Trade

Russia and Burkina Faso have formalized a deal to expand peaceful nuclear energy cooperation, including joint projects in radiation technologies and the training of specialists from Burkina Faso. The agreement was signed on Thursday (June 19) by Alexey Likhachev, CEO of Russia’s state nuclear corporation Rosatom, and Burkina Faso’s Energy Minister Yacouba Zabré Gouba in St. Petersburg.

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russia-containers

International Container Transport In Commonwealth Of Independent States Grows 15.5%

Commonwealth of Independent States, Eurasian Economic Union, Infrastructure, Logistics & Transport, Trade

The transport of goods in containers in international traffic throughout the Commonwealth of Independent States (CIS) increased by 15.5% in 2024, to 72.3 million tonnes, according to Oleg Belozerov, Head of the Council and Head of Russian Railways. Belozerov was speaking at a meeting of the Council on Railway Transport of the Commonwealth member States

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Dalian

FESCO Opens in Dalian (Port Arthur) to Develop Shipping Ties With Vladivostok

China, Infrastructure, Logistics & Transport, Trade

Russia’s FESCO Transport Group has opened an office in Dalian, China, with the aim of developing container transportation and expanding the logistics presence in China’s industrial northeast. The facility will focus on the operations of the regular FESCO China Direct Line-2 (FCDL-2) marine service, which connects Dalian, as well as Rizhao, Lianyungang, and Xingang, with

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Indonesia

Russia Wants To Increase Investment Into & Expand Exports To Indonesia

Asia, BRICS, Energy, Exports, Investment, Miscellaneous, Trade

Russia is ready to enlarge exports to Indonesia and is interested in joint investment projects, including those in the fuel and energy sector, Russian Foreign Minister Sergei Lavrov has said, following meetings with Indonesian Foreign Minister Sugiono. Lavrov stated that “We have underlined our readiness to enlarge exports of Russian products to the Indonesian market,

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Cuba

Russia Looking to Invest in & Modernize Cuba’s Energy System

BRICS, Energy, Exports, Investment, Latin America, Trade

Russian energy companies could help modernize and restore the Cuban energy system, the Russian Energy Ministry said following a meeting between Energy Minister Sergei Tsivilev and Cuban Foreign Trade and Investment Minister Oscar Perez-Oliva Fraga. The parties discussed the involvement of Russian companies in the construction of a new 200 MW power unit and overhauling

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