Trade

Russia_VTB

Russia’s VTB Bank Issue Twice Over-Subscribed, Rises 5% On First Days Trading

Economy, Finance, Investment, Russian Market, Trade

Russia’s VTB bank conducted a share issue on the Moscow Stock Exchange (MOEX: VTBR) on September 18, in the largest issuance in Russia for the past three years. It was also the largest share placement of a financial institution in Europe over the past 12 months. The issue generated considerable interest among stock market participants, […]

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KAMAZ Auto 2

Russia Looking At Auto Manufacturing In The Philippines

Asia, Investment, Logistics & Transport, Trade

The Russian Industry and Trade Minister, Alexei Gruzdev, has said that he considers the entry of Russian commercial vehicles into the Philippine market promising, with the possibility of Russian investors localizing production in the country to service the market. Russia’s GAZ auto is already making deliveries to the Philippines from its facility in Vietnam, he

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PhillipinesFlag

Russia, Philippines Encouraging Participation In Nuclear, Oil and Gas Energy Sectors

Asia, Energy, Exports, Trade

The Russian-Philippines Commission on Trade and Economic Cooperation has been meeting, with , Russian Deputy Industry and Trade Minister Alexei Gruzdev saying that cooperation between Russia and the Philippines in the energy sector could become one of the drivers for the growth of trade turnover between the two countries. Gruzdev said “We see good prospects

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Uzbekistan

Uzbekistan Joins The Eurasian Development Bank

Central Asia, Eurasian Economic Union, Finance, Infrastructure, Investment, Trade

The Uzbekistan President, Shavkat Mirziyoyev has signed a decree for the country’s accession to the Eurasian Development Bank (EDB), with the country purchasing 777,777 shares in the EDB’s charter capital with a nominal value of US$1,000 each. Of these, 168,411 shares (21.7%) are paid-in, and 609,366 shares (78.3%) are to be paid upon demand. The

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Pakistan

Russia, Pakistan To Trade Wheat & Rice on the St. Petersburg Commodities Exchange

Agriculture, Asia, Exports, Finance, Imports, Infrastructure, Trade

The St. Petersburg International Mercantile Exchange (SPIMEX) and Pakistan-based KMAK Group have signed a memorandum of understanding on the development of exchange trading, SPIMEX has stated, following a meeting of the Russia-Pakistan Intergovernmental Commission for trade and investment. SPIMEX stated that “Wheat is being considered as the Russian export commodity for the first transactions, and

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Bahrain

Russia, Bahrain, To Discuss Double Tax Treaty

Energy, Finance, Investment, Middle East, Trade

The Russian Finance Ministry is to hold negotiations in response to a request from Bahrain to conclude a Double Tax Treaty Agreement (DTA), according to Deputy Finance Minister Alexei Sazanov. Bahrain made the request in June. DTAs are useful when trade, especially in services and investment, is developing between two countries when their respective tax

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benefits-of-sunflower-oil

Russia Wants To Produce Sunflower Oil In Egypt For Resale To African Markets

Africa, Agriculture, BRICS, Investment, Trade

Russia is interested in setting up production of sunflower oil in Egypt, with the issue raised during a Russian delegation’s visit to Cairo, according to Russian Deputy Prime Minister Alexei Overchuk, who led the delegation. He said that “We have very active cooperation in agriculture with Egypt, which buys ours, and we’re discussing setting up

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India

Russia Becomes Top Five Source Of Agricultural Products To India

Agriculture, Exports, Imports, India, Russian Market, Trade

Russia became one of the top five exporters of agricultural products to the Indian market for the first time during 2024, according to Russia’s Agroexport. They mentioned the statistic in a report which it has prepared ahead of a business trip to India for Russian exporters on September 25-28. Agroexport said that Russia retained a

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Ryazan

Ryazan Launches Russia’s First China Business Accelerator

China, Exports, Infrastructure, Investment, Russia, Trade

The first ‘business accelerator’ in Russia, assisting local businesses to do business in China, has opened in Russia’s Ryazan region. Russian experts possessing China expertise will help prepare local entrepreneurs to work with Chinese partners, according to Pavel Malkov, the regional governor. He stated that “The first country accelerator for China is launching today. Sinology

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VisaMain

EU Visa Issuance For Russian Nationals: Statistics By Country

Economy, Exports, Logistics & Transport, Russia, Trade

The Head of the European Union’s Foreign Policy, Kara Kallas, has called for a complete ban of the EU issuing visas for Russian nationals, with a post on X stating, “Stop issuing tourist visas to Russians. Visiting Europe is a privilege, not a human right.” That position has been contradicted by the European Commissioner for

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