Trade

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Russian Agricultural Bank Considering Cryptocurrencies in Grain Trade Settlements

Agriculture, Economy, Exports, Finance, Trade

The Russian Agricultural Bank (RusAg) is considering using cryptocurrencies for settlements in grain trading, the bank has stated. RusAg first deputy CEO Irina Zhachkina said that “We believe that cryptocurrencies could be a convenient alternative instrument, and we are now exploring the possibility of using cryptocurrency instruments for settlements in grain trading with the Bank […]

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Industrial Park

Russia To Invest Millions Into The Creation Of New Industrial Parks

Economy, Exports, Finance, Russian Market, Trade

The Russian government will allocate nearly ₽860 million (US$11 million) this year to finance the development of industrial parks and techno parks in numerous regions. Industrial and technological parks were a key component of China’s manufacturing success from the early 2000’s to the present day. They offer investment incentives, such as tax breaks, reduced utility

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Rosatom

Rosatom Planning To Commission NPP In Bangladesh, Bolivia and Turkiye

Energy, Exports, Infrastructure, Trade

Russia’s Rosatom state nuclear energy corporation will continue working this year to ensure that multiple power units are ready for commissioning in Bangladesh, Bolivia, and Turkiye, according to  Atomenergoprom. The company is a 100% state-owned holding company that unifies the Russian civil nuclear industry and is part of the Rosatom state corporation. Interest on the

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EAEU

Eurasian Economic Union to Sign Free Trade Agreements With Mongolia & UAE End June

Eurasian Economic Union, Exports, Finance, Imports, Trade

Free Trade Agreements between the Eurasian Economic Union (EAEU) and the United Arab Emirates (UAE) and Mongolia will be signed in Minsk in late June, Belarusian Deputy Foreign Minister Pavel Utyupin has said. Belarus currently holds the chairmanship of the EAEU, which also includes Armenia, Kazakhstan, Kyrgyzstan, and Russia. Utyupin was quoted in Belarus Segodnya

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Outbound Tourism

Russian Summer 2025 Outbound Tourist Volumes Expected To Increase 24.8%

Africa, Asia, Exports, Logistics & Transport, Middle East, Russian Market, Trade

Outbound tourism from Russia may reach some 6.4 million this coming summer, which is a 24.8% increase from last year, the Russian Association of Tour Operators (ATOR) said on Friday (May 30). Artur Muradyan, vice president of ATOR for international tourism, said that “The early booking of summer vacations is almost twice as successful this

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InboundTourism

Russia’s 2025 Inbound Tourism Volumes Expected To Increase By 20-25%

Asia, China, Imports, India, Middle East, Trade

The Association of Tour Operators of Russia ATOR) has stated that the forecast volumes of inbound tourists to Russia this year was expected to rise by 25% to reach about 2 million visitors, while the number of outbound Russian tourists is expected to increase to 6.4 million during 2025. The predictions were made by Alexander

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Qatar

Russia and Qatar Look To Develop Middle East Agri-Industrial Hub

Agriculture, Exports, Investment, Middle East, Trade

Russia and Qatar are discussing the creation of an agro-industrial hub in Qatar, and work on the project is ongoing, Russian First Deputy Prime Minister Denis Manturov has stated. If specific agreements are reached, the initiative could open up new export opportunities for Russian producers. In 2024, exports of meat and edible by-products from Russia

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Rubles copy

UAE Investors Plan to Purchase More Equity in Belarus’ Largest Bank

Finance, Foreign Investment, Middle East, Trade

Soven 1 Holding (UAE), the majority shareholder of Belarus’s Priorbank, plans to buy out the Belarus State Property Committee equity of 6.31% of the bank’s shares. The decision is of interest as it implies there is significant unrealized value in shares of businesses operating in sanctioned countries and that there are investors prepared to take

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