Trade

Russia To Develop Inland River Ports And Logistics Hubs

Infrastructure, Investment, Logistics & Transport, Trade

The Ob, Irtysh, Lena, and Yenisei Rivers are all to be developed to access the Northern Sea Route  Russia’s Federal Agency for Maritime and River Transport (Rosmorrechflot) and Rosatom are to jointly create logistics hubs on the Ob, Irtysh, Lena and Yenisei rivers, with the aim to give improved access to the Northern Sea Route […]

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The 2024 Russia-China Energy Business Forum – Highlights

China, Economy, Investment, Trade

The sixth Russia-China Energy Business Forum (RCEBF) has been taking place in Moscow, with over 500 politicians, heads of major companies in the energy and related industries, scientists, experts and analysts attending. Russia and China discussed issues of cooperation related to energy and the supply of hydrocarbons. The RCEBF has been held annually since 2018

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EAEU – Indonesia Free Trade Agreement Nearly Finalised

BRICS, Eurasian Economic Union, Trade

Russian President Vladimir Putin has said that the Free Trade Agreement between Indonesia and the Eurasian Economic Union (EAEU) is practically ready for signing, stating that “We are hoping that the agreement on a free trade area between the EAEU and Indonesia, which has been prepared for signing, will play a positive and noticeable role

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Russia Awaits September 1st Approval of Law on International Settlements Using Cryptocurrencies

Economy, Finance, Infrastructure, Trade

Mass Digital Ruble Usage Expected By July 2025  In an effort to intensify, speed up, and broaden the available tools used for settling international transactions, the Russian State Duma has passed, in its first reading, a bill that opens the way for the Bank of Russia to launch an experimental platform for the use of

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Russia Rises To Eighth Place In Global Manufacturing Output

Economy, Finance, Trade

Russia has risen to the eighth place in global manufacturing output, according to a report issued by “Make UK”,  a British institution that represents UK manufacturers and competitive markets. The report  includes a wide variety of data about the contribution of manufacturing to different economies including exports, sectoral breakdown, R&D investment, salary levels and provides

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Pakistan Develops Strategic Rail Map For Connection To Russia 

Infrastructure, Shanghai Cooperation Organisation, Trade

Pakistan has outlined a strategic rail map to engage with Russia and connect the two nations via railway networks and secure trade routes by circumventing the threat of US sanctions. Pakistan’s  Ministry of Foreign Affairs has endorsed this proposal, and revealed that its government was developing a three-pronged strategy including government-to-government (G2G) frameworks and projects,

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Russian Foreign Minister Attends ASEAN Ministerial Meetings 

BRICS, Eurasian Economic Union, Trade

Russian Foreign Minister Sergey Lavrov will visit Laos from July 25-27, where he will take part in meetings of top diplomats of the Association of Southeast Asian Nations (ASEAN) and hold a number of bilateral meetings. The meetings in the Laotian capital of Vientiane will be held at the foreign ministerial level in three formats:

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Russia To Permit Foreign Bank Branches & Cryptocurrency Settlements

Economy, Finance, Trade

Changes in Russia’s policy towards allowing Foreign banks to operate in the county are in the pipeline, as growing problems with cross-border payments have forced the government and the Central Bank to agree to open branches of foreign banks in Russia. These have been strictly prohibited in recent decades. Additionally, Russian officials are ready to

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