Russia’s total trade reached about US$745 billion during 2025, also showcasing a significant, albeit shifting, trade surplus of about US$120 billion. In this section we cover all news concerning Russian trade developments, with Russian exporters increasingly reaching out into new markets on a global basis as it pivots away from the West. This is the definitive source on Russian trade. Get the latest data, analysis, and news on Russia’s import/export activities, trade agreements, and increasing commercial partnerships with the Global South.
Russia’s VTB has secured the principal approval of the Central Bank of Iran to open a branch in the country and will offer customers international settlements in national currencies as part of its servicing foreign commerce, according to Olga Basha, a VTB board member. She was speaking at the Eastern Economic Forum currently taking place […]
The Russian President, Vladimir Putin, has been attending the celebrations for the end of World War II in Beijing and has had the opportunity to discuss bilateral relations with other attendees, including North Korea’s Kim Jong-un. This is what they had to say: Vladimir Putin: “Mr Chairman of State Affairs of the Democratic People’s Republic […]
The Russian President, Vladimir Putin, has been attending the annual Heads of State Shanghai Cooperation Organisation summit in China, and has had the opportunity to discuss bilateral relations with other SCO members, such as with Pakistan’s Prime Minister, Shehbaz Sharif. This is what they had to say: Putin: “Last time we met was a year […]
The Russian President, Vladimir Putin, has been attending the annual Heads of State Shanghai Cooperation Organisation summit in China and has had the opportunity to discuss bilateral relations with other SCO members, such as with Nepal’s Prime Minister, Khadga Prasad Sharma Oli. This is what they had to say: Putin: “Mr Prime Minister, I am […]
The Shanghai Cooperation Organisation (SCO) members have voted to reorganise the status of the three non-full member categories of “Dialogue Partners,” “Observers,” and “Permanent Guests” into one single category: “SCO Partners.” The move simplifies categories and makes the group easier to administer. This means that Afghanistan, Mongolia and Turkmenistan all become partners, as does the […]
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The seventh trilateral meeting between the Presidents of Russia, China and Mongolia has been taking place at the Great Hall of the People in Beijing. These included significant delegations from all sides, led by Russian President Vladimir Putin, Chinese President Xi Jinping and Mongolian President Ukhnaagiin Khurelsukh. Mongolia lies directly between Russia and China and […]
The Russian President, Vladimir Putin, has made a keynote speech to the Heads of State attending the Shanghai Cooperation Organisation annual summit in Tianjin, China. He discussed the ending of World War II in Asia, the roles and cooperation of the SCO, reform at the United Nations, the new SCO 2035 Strategy, Intra-SCO trade, financial […]
Now the 2025 Heads of State summit of the Shanghai Cooperation Organisation have finished, attention turns to a related event – the meetings of the SCO +. This is a huge bloc, as can be seen by the image of the ASEAN Secretary-General, Dr. Kao Kim Hourn, walking past participating country national flags at the […]
The annual Heads of State meeting of the Shanghai Cooperation Organisation (SCO) is set to take place in Tianjin, northern China from August 31 to September 1. It will be attended by more than 20 heads of state, including Russian President Vladimir Putin, in addition to the heads of 10 international organizations, such as the […]
The Russian President, Vladimir Putin, has given an interview to Xinhua, the Chinese state-owned media group, on the eve of the upcoming Shanghai Cooperation Organisation (SCO) annual heads of state meetings, which begin on Sunday (August 31). In the interview, Putin discusses his relationship with Chinese President Xi Jinping, the historic role of the USSR […]
Consumer interest in Russian wine is rising amid systematic operations to develop the industry and improve product quality, according to the Russian Agriculture Ministry, which stated that “Over 60% of wine on store shelves and in restaurants is now domestically produced, with Russian consumers increasingly choosing Russian wine.” Wine production in Russia is also growing, […]
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