Trade

Russian Foreign Minister Meets With Bolivian Foreign Minister in Moscow

BRICS, Trade

Russia’s Foreign Minister, Sergey Lavrov, met with his Bolivian counterpart Celinda Sosa in Moscow on Friday (April 26). The Bolivian diplomat is paying a two-day visit to Russia on April 26 and 27. Discussed were bilateral ties, political dialogue, ways of broadening cooperation in various sectors and improving the legislative and contractual framework, as well […]

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Kaliningrad Exports Wheat To Venezuela For The First Time

Trade

Food-grade wheat totaling 30,500 tonnes has been shipped for the first time to Venezuela from a Kaliningrad Region port, the press service of the regional department of the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) has said. The shipment is further proof of Russia’s developing engagement with new emerging markets in Latin America. Specialists

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Flights Resume From Sakhalin to Phuket  

Logistics & Transport, Trade

Charter flights from Yuzhno-Sakhalinsk to Thailand will resume after a four-year break, as Russia’s Far East tourism reconnects with Southeast Asia. Tour operator Pegas Touristik together with the Russian regional Ikar airline will service the route to Thailand. Flights EO 3629/3630 will be operated on the Yuzhno-Sakhalinsk – Phuket – Yuzhno-Sakhalinsk route. Sakhalin is north

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India Considering Use Of Russian-owned Rupees To Enable Exports to Third Countries.

BRICS, Finance, Trade

Russia’s Pivot to Asia has been discussing the use of different currencies in different ways since the United States threatened Chinese banks with sanctions. In addition to that issue, Russia also has problems balancing trade with India, which has skyrocketed with Delhi’s increasing purchases of Russia energy. However, bilateral trade isn’t that mature yet and

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Russia, Iran, Cooperating On Mutual Tourism Development

BRICS, Trade

With Western nations increasingly making life difficult for Russian tourists, Russian nationals have been looking east for vacations, with Asia the main beneficiary. Russians for example are now the largest inbound tourist market for Sri Lanka. But other important destinations are also looking at expanding mutual tourism ties. Iran and Russia are also working together

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Norilsk Nickel Relocates Copper Smelting Division To China

China, Foreign Investment, Trade

Norilsk Nickel, the metals group controlled by Russia’s richest man Vladimir Potanin, will move some copper smelting production from its home country to China, as western sanctions restrict access to key pieces of equipment and cut profitability, the Financial Times reports. Potanin said that the mining major plans to relocate its copper smelting capacity at

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