Trade

Russia’s Aircraft Manufacturers To Move Into Aircraft Export Industry

Infrastructure, Investment, Logistics & Transport, Trade

Russia’s Trade and Industry Ministry is making plans to prepare a program to get Russian manufactured aircraft onto the international market, according to Anton Alikhanov, the Trade and Industry Minister. The move comes a Russia has been barred from purchasing the standard Airbus and Boeing aircraft however already had a significant domestic aircraft manufacturing industry. […]

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Railway

Russian Railways To Build 2,000km Of Extra Track Along The Trans-Siberian and BAM Routes To Asia

Infrastructure, Investment, Logistics & Transport, Trade

The third expansion stage of Trans-Siberian and Baikal-Amur Mainline (BAM) railway has been approved by the Russian government, allowing the Russian Railways to immediately invest in design and survey work on these extensions. This includes labour-intensive work involving the laying of over 2,000 km of new tracks, three new tunnels for the accompanying road highway,

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Russian Bitcoin

Russia Preparing For Crypto Transactions By 2025 In Foreign Trade  

Economy, Finance, Trade

Russia’s financial authorities are moving towards the use of crypto-currency for international trade, with a focus group established to pilot and test international trade settlements using digital currencies. The group reportedly consists of members of the Russian Chamber of Commerce, and the Association of Electronics Developers and Manufacturers, as well as several lenders. The selected

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Russia To Construct Fuel Pipeline In The Republic Of Congo

Africa, Energy, Investment, Trade

Russia has tentatively agreed to the construction of a fuel pipeline in the Republic of Congo, according to a Russian government decree published on Monday (September 16). The pipeline will link the western port of Pointe-Noire to the capital Brazzaville, and will also pass through the town of Loutete, about 155 kilometers (96 miles) west

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Russia Egypt

Russia – Egypt Bilateral Trade Triples To Over US$7 Billion

Africa, BRICS, Eurasian Economic Union, Trade

The Russian Foreign Minister, Sergey Lavrov, and Trade and Industry Minister Anton Alikhanov met with Egypt’s Egyptian Foreign Minister Badr Abdelatty in Moscow on Monday. The meetings were to discuss the situation in Palestine, as well as trade updates and other bilateral relations. Egypt is also a member of BRICS, with the 2024 annual heads

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Russia Wants To Reel In China’s Growing Fish Consumer Market

BRICS, China, Trade

Russian fish exporters need to actively develop new niche markets through marketing tools, according to German Zverev, President of the All-Russian Association of Fishermen. This will be of interest to Russian sales and marketing businesses with China market capabilities. According to Zverev, China is currently the second largest global importer of fish products after the

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Russia Keyboard

Russia’s Proposed Ban On Strategic Exports Could Significantly Change Global Supply Chains

Economy, Energy, Trade

In a tit-for-tat move, President Putin has asked the Russian government to look into imposing restrictions on Russian exports of so-called ‘strategic’ materials such as nickel, titanium and uranium in response to sanctions imposed by the West. If carried out, the move has the potential to reshape critical industry supply chains as Russia’s allies, such

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Russian Banks Instructed To Permit Client Use of Digital Rubles From July 1, 2025

Economy, Finance, Infrastructure, Trade

The Digital Ruble will be in use across Russia in less than a years’ time, as the Central Bank has issued instructions to Russia’s systemically important lending institutions to allow clients the option to conduct transactions in Digital Rubles by July 1, 2025. The regulator has sent the corresponding proposals on amending the legislation to

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