Trade

Dalian

FESCO Opens in Dalian (Port Arthur) to Develop Shipping Ties With Vladivostok

China, Infrastructure, Logistics & Transport, Trade

Russia’s FESCO Transport Group has opened an office in Dalian, China, with the aim of developing container transportation and expanding the logistics presence in China’s industrial northeast. The facility will focus on the operations of the regular FESCO China Direct Line-2 (FCDL-2) marine service, which connects Dalian, as well as Rizhao, Lianyungang, and Xingang, with […]

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Indonesia

Russia Wants To Increase Investment Into & Expand Exports To Indonesia

Asia, BRICS, Energy, Exports, Investment, Miscellaneous, Trade

Russia is ready to enlarge exports to Indonesia and is interested in joint investment projects, including those in the fuel and energy sector, Russian Foreign Minister Sergei Lavrov has said, following meetings with Indonesian Foreign Minister Sugiono. Lavrov stated that “We have underlined our readiness to enlarge exports of Russian products to the Indonesian market,

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Cuba

Russia Looking to Invest in & Modernize Cuba’s Energy System

BRICS, Energy, Exports, Investment, Latin America, Trade

Russian energy companies could help modernize and restore the Cuban energy system, the Russian Energy Ministry said following a meeting between Energy Minister Sergei Tsivilev and Cuban Foreign Trade and Investment Minister Oscar Perez-Oliva Fraga. The parties discussed the involvement of Russian companies in the construction of a new 200 MW power unit and overhauling

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Gas-Slovenia

Russia, Slovakia Discuss Gas Supplies in Wake of EU Ban

Energy, Infrastructure, Trade

Gazprom CEO Alexei Miller has discussed Russian gas supplies to Slovakia with SPP CEO Vojtech Ferenc. SPP is Slovakia’s largest natural gas supplier, engaged in gas and electricity trading, transportation, and storage. Slovakia owns 100% of the company’s shares. As we reported earlier, the European Commission has proposed ending Russian gas supplies to member countries

Russia, Slovakia Discuss Gas Supplies in Wake of EU Ban Read More »

BRICS RMB

BRICS Energy Alliance Launches Petro-Yuan Contracts To Minimise US Dollar Usage

BRICS, China, Energy, Exports, Finance, Trade

The BRICS energy alliance has launched a coordinated system of Petro-Yuan (Chinese RMB Yuan currency) oil contracts that directly challenges US dollar dominance in global energy markets. The BRICS controls 46 million barrels per day of oil production and is implementing BRICS plus currency shift mechanisms through Yuan-denominated contracts, Indian Rupee – Russian Ruble swaps,

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OilGas Pipe

European Commission Bends Its Own Rules To Exclude Members From Opposing Russian Gas Ban

Exports, Infrastructure, Security, Trade

The European Commission is preparing to ban new gas supplies with Russia, which includes the banning the signing of any new contracts with pertinent gas suppliers with immediate effect, and terminating all longer-term contracts by January 1, 2028. However, this initiative is planned to be implemented in such a way as to avoid the possibility

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DPRK 2

North Korea To Send Thousands Of Engineers To Russia To Reconstruct Kursk

Asia, Imports, Infrastructure, Russia's Belt & Road, Russian Market, Security, Trade

North Korea will send thousands of engineers and military personnel to Russia’s Kursk Region to assist in demining operations and reconstruction efforts, Russian Security Council Secretary Sergey Shoigu said on Tuesday (June 17). He has been in Pyongyang to discuss investment and security issues with the North Korean leader, Kim Jong-un.  North Korean troops fought

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Blue Cat

Russia’s ‘New’ Danone Significantly Increases Production After Russian Takeover, Targets Middle East

Agriculture, Exports, Middle East, Trade

Russia’s H&N (Health & Nutrition), which incorporates the former assets of France’s Danone that exited Russia, increased its revenue 21.6% to over ₽140 billion (€1.54 billion) last year, while production grew 20.6% to nearly 950,000 tonnes. Danone, which had operated successfully in Russia for over 30 years, completed its Russian business sale to Vamin R LLC of Tatarstan

Russia’s ‘New’ Danone Significantly Increases Production After Russian Takeover, Targets Middle East Read More »

Russia-Turkmenistan-Flags

Russia, Turkmenistan Trade Up 58% In 2025

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

Turkmenistan’s Deputy Prime Minister Khojamyrat Geldimyradov has stated during the Russian National Day celebrations (June 12) at the Russian embassy in Ashgabat, that Russia is a key trade partner of Turkmenistan with 2024 bilateral trade exceeding US$1.6 billion. He said that bilateral trade grew 58% between January and May this year alone. If maintained, that

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Exports

German Economic Institute: “Russia’s Exports Have Grown Considerably”

China, Economy, Exports, India, Russian Market, Trade

The German Economic Institute has reported that Russia’s exports have grown considerably compared to figures recorded prior to the Ukraine conflict and despite sweeping Western sanctions. In a report published on Friday (June 13), the institute stated that “despite all European efforts, Moscow is ‘skilfully exploiting the loopholes in the sanctions regime to expand its financial resources.’”

German Economic Institute: “Russia’s Exports Have Grown Considerably” Read More »

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