Trade

Uganda

Russia and Uganda Discuss Bilateral Trade & Investment

Africa, BRICS, Exports, Imports, Trade

The Russian Foreign Minister Sergey Lavrov has met with his Ugandan counterpart, Jeje Odongo, in Moscow. Lavrov stated, “We welcome Uganda as a BRICS partner country, and look forward to active cooperation with our Ugandan friends in this new format.” Uganda became a BRICS partner in January this year. Lavrov and Odongo discussed a broad range of […]

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Burkina Faso

Russia and Burkina Faso Sign Nuclear Energy Cooperation Agreement

Africa, Energy, Exports, Investment, Trade

Russia and Burkina Faso have formalized a deal to expand peaceful nuclear energy cooperation, including joint projects in radiation technologies and the training of specialists from Burkina Faso. The agreement was signed on Thursday (June 19) by Alexey Likhachev, CEO of Russia’s state nuclear corporation Rosatom, and Burkina Faso’s Energy Minister Yacouba Zabré Gouba in St. Petersburg.

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russia-containers

International Container Transport In Commonwealth Of Independent States Grows 15.5%

Commonwealth of Independent States, Eurasian Economic Union, Infrastructure, Logistics & Transport, Trade

The transport of goods in containers in international traffic throughout the Commonwealth of Independent States (CIS) increased by 15.5% in 2024, to 72.3 million tonnes, according to Oleg Belozerov, Head of the Council and Head of Russian Railways. Belozerov was speaking at a meeting of the Council on Railway Transport of the Commonwealth member States

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Dalian

FESCO Opens in Dalian (Port Arthur) to Develop Shipping Ties With Vladivostok

China, Infrastructure, Logistics & Transport, Trade

Russia’s FESCO Transport Group has opened an office in Dalian, China, with the aim of developing container transportation and expanding the logistics presence in China’s industrial northeast. The facility will focus on the operations of the regular FESCO China Direct Line-2 (FCDL-2) marine service, which connects Dalian, as well as Rizhao, Lianyungang, and Xingang, with

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Indonesia

Russia Wants To Increase Investment Into & Expand Exports To Indonesia

Asia, BRICS, Energy, Exports, Investment, Miscellaneous, Trade

Russia is ready to enlarge exports to Indonesia and is interested in joint investment projects, including those in the fuel and energy sector, Russian Foreign Minister Sergei Lavrov has said, following meetings with Indonesian Foreign Minister Sugiono. Lavrov stated that “We have underlined our readiness to enlarge exports of Russian products to the Indonesian market,

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Cuba

Russia Looking to Invest in & Modernize Cuba’s Energy System

BRICS, Energy, Exports, Investment, Latin America, Trade

Russian energy companies could help modernize and restore the Cuban energy system, the Russian Energy Ministry said following a meeting between Energy Minister Sergei Tsivilev and Cuban Foreign Trade and Investment Minister Oscar Perez-Oliva Fraga. The parties discussed the involvement of Russian companies in the construction of a new 200 MW power unit and overhauling

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Gas-Slovenia

Russia, Slovakia Discuss Gas Supplies in Wake of EU Ban

Energy, Infrastructure, Trade

Gazprom CEO Alexei Miller has discussed Russian gas supplies to Slovakia with SPP CEO Vojtech Ferenc. SPP is Slovakia’s largest natural gas supplier, engaged in gas and electricity trading, transportation, and storage. Slovakia owns 100% of the company’s shares. As we reported earlier, the European Commission has proposed ending Russian gas supplies to member countries

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BRICS RMB

BRICS Energy Alliance Launches Petro-Yuan Contracts To Minimise US Dollar Usage

BRICS, China, Energy, Exports, Finance, Trade

The BRICS energy alliance has launched a coordinated system of Petro-Yuan (Chinese RMB Yuan currency) oil contracts that directly challenges US dollar dominance in global energy markets. The BRICS controls 46 million barrels per day of oil production and is implementing BRICS plus currency shift mechanisms through Yuan-denominated contracts, Indian Rupee – Russian Ruble swaps,

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OilGas Pipe

European Commission Bends Its Own Rules To Exclude Members From Opposing Russian Gas Ban

Exports, Infrastructure, Security, Trade

The European Commission is preparing to ban new gas supplies with Russia, which includes the banning the signing of any new contracts with pertinent gas suppliers with immediate effect, and terminating all longer-term contracts by January 1, 2028. However, this initiative is planned to be implemented in such a way as to avoid the possibility

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DPRK 2

North Korea To Send Thousands Of Engineers To Russia To Reconstruct Kursk

Asia, Imports, Infrastructure, Russia's Belt & Road, Russian Market, Security, Trade

North Korea will send thousands of engineers and military personnel to Russia’s Kursk Region to assist in demining operations and reconstruction efforts, Russian Security Council Secretary Sergey Shoigu said on Tuesday (June 17). He has been in Pyongyang to discuss investment and security issues with the North Korean leader, Kim Jong-un.  North Korean troops fought

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