Trade

Russia’s Tax Revenues From ‘Unfriendly Countries’ Business Exceeds Forecasts

Economy, Finance, Trade

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. […]

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Corporate Registrations In Russia’s Offshore SAR Increase 30% In 2024 YTD

Economy, Finance, Investment, Trade

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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Russia To Develop A Pacific Ocean Port for Belarus Exports To China

China, Eurasian Economic Union, Investment, Trade

Oleg Kozhemyako, the Governor of Russia’s Far Eastern Primorsky territory, has stated that a special port for use by Belarusian exporters will be developed on Russia’s eastern seaboard. The announcement was made after Kozhemyaako met with Alexander Lukashenko, the President of Belarus in Minsk earlier this month. Chinese developers are also interested in the construction

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Russia – Kyrgyzstan Eurasian Development Agenda Puts Priority On Regional Trade

Eurasian Economic Union, Investment, Trade

Sergey Glazyev, the Eurasian Economic Union Minister for Integration and Macroeconomics, has been taking part in the 11th Russian-Kyrgyz Interregional Conference in Krasnoyarsk. The event is annually attended by heads of regions, entrepreneurs, representatives of business development and support institutions of the countries of the Eurasian Economic Union (EAEU). These include Armenia, Belarus, Kazakhstan, Kyrgyzstan

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Indian Exporters Want Greater Market Access in Russia

BRICS, Eurasian Economic Union, India, Trade

The Indian government is in discussions with Russia on easing non-tariff trade barriers, with the goal of boosting its exports to the country, Indian Commerce Secretary Sunil Barthwal has stated. The move comes after Russia-India trade has boomed in favour of Russian exports, but left Moscow with an over-abundance of Rupees in its capital account.

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Primorye Krai Targets US$11 Billion China Trade For 2024

BRICS, China, Investment, Trade

The government authorities of Russia’s Primorye Krai region, which borders China and North Korea, aim to boost trade with China up to US$11 billion by the end of 2024. The statement comes as the region hosts a delegation for the facilitation of international trade from China’s northern Heilongjiang province, which shares a significant border with

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Direct Rail Freight Service Launched From Ulyanovsk to Turkmenistan onto Iran & Pakistan

Infrastructure, Logistics & Transport, Trade

A new block container train will be launched from Ulyanovsk to Turkmenistan, Alexey Russkih, the Ulyanovsk governor has stated at the International Industrial Exhibition Innoprom. This will allow goods from the Ulyanovsk region to be directly delivered to Turkmenistan, and also to Iran and Pakistan. Russkih said that “Together with colleagues from the Turkmen railways,

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