Trade

China’s Chery Auto Manufacturer Now The Largest Foreign Company In Russia By Revenue

BRICS, China, Foreign Investment, Trade

Chinese car manufacturers Chery has become the largest foreign company in Russia by revenue in 2023, according to Forbes magazine. Chery is the first ever Chinese company to claim the top spot in the Forbes ranking. The brand increased its sales in Russia by 300% year-on-year to over ₽590 billion (US$6.65 billion). According to the […]

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Russian and Iranian Auto Manufacturers Look To Cooperate  

BRICS, Eurasian Economic Union, Investment, Trade

Iranian and Russian automobile and parts manufacturers met at the MIMS Automobility Moscow 2024 last week to discuss ways to strengthen cooperation, as bilateral trade and supply of Iranian auto parts has increased by 450% since the county signed a Free Trade Agreement with the Eurasian Economic Union and joined BRICS. The Iranian delegation, led

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Russia Provides Tajikistan With Wind Farm Energy Investment Proposal 

Commonwealth of Independent States, Energy, Eurasian Economic Union, Infrastructure, Investment, Trade

Russia’s Rosatom has presented an investment project to Tajikistan to build renewable energy facilities with capacity of up to 1 GW. The project was discussed during meetings between Russia’s trade mission in Tajikistan, Rosatom Renewable Energy and Tajikistan’s Energy and Water Resources Ministry. Tajik Deputy Energy Minister Manuchehr Safarzoda said his country has huge potential

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Russia Providing Nuclear Power Assistance To Zimbabwe

Africa, Energy, Infrastructure, Investment, Trade

Zimbabwe’s minister of primary and secondary education, Torerayi Moyo, has stated his thanks to Russia for assistance in training specialists in the Zimbabwean nuclear power and space industries. Moyo stated that Zimbabwe aims to build a nuclear power plant and develop its nuclear energy sector as part of the country’s broader industrialization goals. He said

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Russia Mongolia Flag

Mongolia – Russia: Presidential Visit

Eurasian Economic Union, Logistics & Transport, Trade

According to the Kremlin press service, at the invitation of Mongolian President Ukhnaa Khurelsukh Russian President Vladimir Putin will pay an official visit to Mongolia on September 3, 2024. Among the topics to be discussed and moved forward are trade, economic and energy projects developing within the context of Russian-Mongolian relations based on their comprehensive

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Trucker

Russian & Chinese Truckers Get Improved Mutual Visa Access Facilities

China, Infrastructure, Logistics & Transport, Trade

Russian truckers and logistics companies employed on the China trade delivery run will be happy to learn that the Chinese government has approved procedures that should simplify entry of Russian truckers to China. Following the results of the 29th regular meeting of the heads of Government of Russia and China, a protocol was signed on

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Russian Rail

Russian Rail Freight Traffic To China Increases By 18% In 7M 2024 

China, Infrastructure, Logistics & Transport, Trade

Russian Railways has reported that between January-July 2024, cargo transportation in both directions through various railway crossings on the Russian-Chinese border increased by a total of 18.2% compared to the same period in 2023 – up to 23.8 million tonnes. That is broken down into Chinese export volumes to Russia amounting to 1.6 million tonnes

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Kazakhstan and Russia Map

Russia – Kazakhstan 2024 Bilateral Relations: Update

Commonwealth of Independent States, Eurasian Economic Union, Investment, Trade

The Russian President Vladimir Putin held conversations with the President of Kazakhstan, Kassym-Jomart Tokayev on 26 August. The two continued discussions of current issues of mutually beneficial bilateral cooperation and development, including in the energy sector. Kazakhstan shares a 7,242km border with Russia, while President Tokayev owes his current position to a Russian intervention in

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Russia Armenia flags

Russia – Armenia 2024 Bilateral Relations: Update 

Commonwealth of Independent States, Eurasian Economic Union, Investment, Trade

The Russian President Vladimir Putin held conversations with Armenian Prime Minister Nikol Pashinyan on August 23, during which the two officials continued discussions concerning the  normalization of Armenian-Azerbaijani relations, including taking into account the negotiations between Vladimir Putin and the President of Azerbaijan Ilham Aliyev during Putin’s recent state visit to Baku. Putin confirmed the

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International Organizations Image

Russia To Evaluate The Performance Of Its International Participation Memberships

BRICS, Economy, Investment, Shanghai Cooperation Organisation, Trade

The Russian government is to put into place a more assertive approach in promoting its national concerns and development agenda within multiple international organizations, including the World Bank, APEC, OECD, APEC, G20 and BRICS amongst others. To do this, the Ministry of Finance (MoF) has selected the Economic Expert Group, who during 2024–2025, will conduct

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