Trade

Crypto Exchange

Russian Crypto Exchanges & Stablecoins To Be Trialled To Support Foreign Trade 

Economy, Finance, Trade

Two crypto exchanges are expected to be launched in Russia, one in Moscow and the other in St. Petersburg, with the aim of assisting foreign trade payments.  While the operating mechanics are not yet specifically in place, Russian lawyers feel they will most likely be created in an experimental legal mode. To begin with, usage […]

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St Petersburg

St. Petersburg Port To Focus On Latin American & East African Trade 

Africa, BRICS, Logistics & Transport, Trade

The Port of St. Petersburg is expanding export support measures and is looking to develop subsidised container shipments to Brazil, Venezuela, Tanzania and Cuba, according to Kirill Soloveitchik, the city chairman of the Committee on Industrial Policy, Innovation and Trade. It is planned that at the first stage, shipments will mainly be carried out in

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Belarus and China to Sign Technology Investment and Services Free Trade Agreement 

China, Finance, Logistics & Transport, Trade

Belarus and China are to sign a Free Trade Agreement covering services and investment, Belarusian President Alexander Lukashenko said at a meeting with Chinese Premier Li Qiang in Minsk on Thursday (August 22). Lukashenko said that “Our two parties will sign documents formalizing plans for their future partnership in key areas. One of them is

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3PL

China Suppliers Sending Russian Market Goods Via Third Party Countries

China, Finance, Logistics & Transport, Trade

Some Chinese supplies to Russia are switching to third-party, rather than direct routes for sending goods to Russia due to difficulties with sanctions and logistics. Western governments have issued ‘stop’ notices on numerous products to Russia, including electronic and so-called ‘dual-use’ items, which if ignored can result in sanctions being imposed on Chinese suppliers themselves

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Atlandita Ship

Russia’s Great African Expedition Sets Off To Explore Africa’s Continental Coastal Fisheries 

Africa, Logistics & Transport, Trade

Russia’s Federal Agency for Fisheries (Rosrybolovstvo) has launched a major research initiative aimed at studying marine biology resources along the coast of 18 African countries in the Indian and Atlantic Oceans. A ceremony to launch the expedition took place on Wednesday (August 22) at the marine fishing port in Kaliningrad, Russia, and was attended Russian

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Murmansk Port

Russia To Prioritise Development Of Five Arctic Ports & Three Connecting Rivers 

China, Infrastructure, Logistics & Transport, Trade

Russian presidential aide Nikolai Patrushev, who oversees the country’s national maritime policy, has stated that the Arctic ports of Murmansk, Arkhangelsk, Dikson, Tiksi and Pevek are the priority developments to allow the Northern Sea Route (NSR) to become one of Russia’s main transport arteries. This needs to be carried out in conjunction with the development

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Dragon Wall

FESCO Launches Bulk Cargo Maritime Freight Service from Shanghai to St. Petersburg

China, Logistics & Transport, Trade

Russia’s FESCO Transport Group has launched a regular marine service for the delivery of bulk cargoes from Shanghai to St. Petersburg, the company has said. This includes services for the collection of goods from warehouses within a radius of up to 300 km from Shanghai. The first container ship within the framework of the service

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Russia – Azerbaijan 2024 Bilateral Trade & Development 

BRICS, Eurasian Economic Union, Infrastructure, Trade

Russian President Vladimir Putin has been visiting Azerbaijan on August 18-19, holding negotiations and discussions with Azerbaijani President, Ilham Aliyev. The talks are designed to address the further development of Russian-Azerbaijani relations of strategic partnership and alliance, as well as current international and regional issues” according to a Kremlin press release. Plans are in place

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