Trade

Chelyabinsk

Chelyabinsk Ships First Steel to Iraq for First Time in Three Years

Exports, Infrastructure, Middle East, Trade

Steelmakers in Russia’s Chelyabinsk Region have shipped product to Iraq in the first half of 2025 for the first time in almost three years, according to the Chelyabinsk regional customs service. Andrey Gursky, acting head of the Chelyabinsk Customs Office, stated, “The Chelyabinsk Customs Office pays special attention to our metallurgical enterprises and actively promotes […]

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EU CIS

Commonwealth Of Independent States GDP To Equal European Union’s By 2050 

Commonwealth of Independent States, Economy, Finance, Infrastructure, Trade

Based on current GDP growth trends, the Russian-backed Commonwealth of Independent States is likely to reach GDP economic parity with the European Union and may even overtake it, by 2050. The current GDP (PPP) of the European Union is €25.09 trillion, with a current average growth rate, according to the World Bank, of 1.2%. The

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Japan Image

Japan ‘Reinterprets’ Sanctions On Russia

Asia, Energy, Exports, Imports, Trade

Japan has begun ‘reinterpreting’ its sanctions on purchases from Russia, with a variety of products being reassessed and permitted to be traded. The reasons range from waivers due to Japanese strategic requirements and its domestic needs, to re-evaluating sanctions terminology and a prior over-strict approach to which products were included. Japanese Government Imports Oil From

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Nigeria

Russia and Nigeria to Cooperate in OPEC & OPEC+ Productivity, Conduct More Energy Field Research

Africa, Energy, Infrastructure, Investment, Trade

Russia’s Deputy Prime Minister Alexander Novak and Nigeria’s Finance Minister and Coordinating Minister for Economic Affairs Olawale Edun have discussed their respective cooperation in the global energy sector, including coordination within the Gas Exporting Countries Forum (GECF) and OPEC+. Russia is one of the largest participants in OPEC+ and the second-largest oil exporter after Saudi

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Lavrov SCO

Russian Foreign Ministerial Statements and Q&A At The Shanghai Cooperation Organisation: Content & Analysis  

Asia, China, Economy, Finance, India, Infrastructure, Middle East, Security, Shanghai Cooperation Organisation, Trade

The Russian Foreign Minister, Sergey Lavrov, has summarised his meetings with the Foreign Ministers of the Shanghai Cooperation Organisation (SCO) which has been held in Tianjin, China. These are important geopolitical discussions, with the SCO including full members Belarus, China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan and Uzbekistan. Afghanistan and Mongolia are observers, while

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CIS Flag

Commonwealth Of Independent States 2025 GDP Growth Data and Trade: Analysis

Commonwealth of Independent States, Economy, Exports, Imports, Trade

The member countries of the Commonwealth of Independent States are illustrating good economic growth during 2025, according to forecasts taken from Eurasian Development Bank data. They are averaging GDP growth rates for the year at 4.7%. Details are as follows: Country 2025 GDP growth forecast Armenia               4.5%   A return to normality following conflict with

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Iran

Russia, Iran Bilateral Developments: July 2025 Update

Economy, Infrastructure, Middle East, Security, Shanghai Cooperation Organisation, Trade

Russia’s Foreign Minister, Sergey Lavrov, met with Foreign Minister of the Islamic Republic of Iran Abbas Araghchi on July 15, (Tuesday) on the sidelines of the Shanghai Cooperation Organisation’s (SCO) Foreign Ministers Council Meeting in Tianjin, China.  They continued their exchange of views on regional and international issues of mutual interest. They reiterated the imperative

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India

Russia, India, Bilateral Relations: July 2025 Update  

BRICS, Eurasian Economic Union, India, Security, Shanghai Cooperation Organisation, Trade

The Russian Foreign Minister, Sergey Lavrov, met with the Indian Foreign Minister  Subrahmanyam Jaishankar, on the sidelines of the Shanghai Cooperation Organisation Foreign Ministers’ meetings in Tianjin, China. The two foreign ministers engaged in a comprehensive discussion on pivotal bilateral and international issues, as well as the forthcoming schedule of diplomatic engagements. They reiterated their

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SCO

Russia Preparing For Key Shanghai Cooperation Organisation Heads Of State Meetings

China, Commonwealth of Independent States, Eurasian Economic Union, India, Infrastructure, Middle East, Security, Shanghai Cooperation Organisation, Trade

The Russian Foreign Minister, Sergey Lavrov, is taking part in a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation (SCO) in Tianjin, China. Foreign Ministers of all the SCO members are present. These meetings are focused on preparations for the SCO Heads of State Council summit, also in Tianjin, which is

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Oman

Russia, Oman, Agree Visa-Free Arrivals From July 18

Infrastructure, Logistics & Transport, Middle East, Regulatory, Trade

Russia and the Sultanate of Oman have agreed to waive visa regulations starting July 18, entitling tourists from both countries to visit for up to 30 days without visas, the Russian Foreign Ministry has stated, saying “Under the agreement, Russian citizens will be able to enter and stay in Oman without visas for up to

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