Russia’s total trade reached about US$745 billion during 2025, also showcasing a significant, albeit shifting, trade surplus of about US$120 billion. In this section we cover all news concerning Russian trade developments, with Russian exporters increasingly reaching out into new markets on a global basis as it pivots away from the West. This is the definitive source on Russian trade. Get the latest data, analysis, and news on Russia’s import/export activities, trade agreements, and increasing commercial partnerships with the Global South.
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: […]
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 […]
In a world where de-dollarization has become the byword for independent sovereignty, there has been a lot of talk about BRICS currency, cross-border settlements in national currencies, and much speculative guesstimating. However, what is the root program that has been developed to enable cross-border settlements to handle transactions in different sovereign national Central Bank Digital […]
Russia’s Foreign Minister Sergey Lavrov gave a speech concerning the 80th anniversary of diplomatic relations between Russia and Syria on July 19, in Moscow. He outlined the historic relations between the two countries and future developments. We reproduce his comments below: “Russian-Syrian diplomatic relations were established on July 21, 1944 at the height of WWII. […]
On July 17, Foreign Minister Sergey Lavrov met with Foreign Minister of the Lebanese Republic Abdallah Bou Habib in New York on the sidelines of the UN Security Council meeting. They discussed the situation in the Middle East, including the Palestinian issue, as well as bilateral trade and development ties. During their conversation, the two […]
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Russia’s Foreign Minister Sergey Lavrov met with Taher al-Baour, the Acting Foreign Minister of Libya, in New York on the sidelines of the UN Security Council’s open debate on multilateral cooperation on July 16. During the discussion on the developing situation in Libya, Lavrov underscored Moscow’s unchanging intent to keep on supporting sustainable stabilisation of […]
A Russian State Duma delegation led by its Chairman Vyacheslav Volodin has arrived in Algeria for a working visit, with Volodin having negotiations with Algerian National Assembly President Ibrahim Boughali. Algeria has recently expressed interest in joining the Shanghai Cooperation Organisation as well as the BRICS group. Algeria is the world’s fifth largest gas, and […]
One of the difficulties when reporting statistics concerning Russia or the European Union in these chaotic times is the ultra-partisan nature of contemporary thought. Anything pro-Russian or Western-negative is automatically regarded as suspect and not to be trusted. Such items are also avoided as subjects for discussion in Western media. Hiding the truth has always […]
Several countries want to upgrade their relations with the Shanghai Cooperation Organization (SCO), the group’s Secretary-General Zhang Ming has stated. The SCO is a multifunctional trade, security and geopolitical alliance formed in 2001 by China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, primarily to deal with the repercussions of the United States and NATO invasion of […]
Other unexpected bonuses are increasing Russia’s taxable corporate income from foreign investors originating from unfriendly countries as a direct result of sanctions being placed upon the country. Political pressures are also being placed on foreign investors to exit. It is another example of political thinking in the West apparently being divided from the fiscal repercussions. […]
Russian and foreign investors are starting to become more savvy over tax incentives on offer in Russia’s Special Administrative Regions (SAR), increasing their investments by almost a third since the beginning of this year. The two SAR that Russia currently has are sited in Kaliningrad, in Western Russia, and Russky Island, Vladivostok in the Primorye […]
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