Trade Archives - Page 36 of 47 - RUSSIA'S PIVOT TO ASIA

St.Petersburg Provides SME Incentives To Develop East China Exports

The St. Petersburg government is to launch a pilot scheme for local SME exporters, providing subsidies for domestic businesses in the city looking to access markets in Eastern China. At the initial stage, it is planned to access four major ports in China: Qingdao, Shanghai, Ningbo, and Guangzhou. The initiative has been arranged by the […]

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Mauritius Assessing MIR Card Introduction

Finance, Trade

Mauritius is working on introduction of cards of the Russian MIR card payment system, according to Konstantin Klimovsky, the Russian Ambassador in the country. He said. “Authorities of Mauritius have plans for MIR use but it is difficult for the time being to say whether this will be achievable in 2024.” Having access to Russia’s

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Eurasian Economic Union Holds Annual Heads Of State Meetings: Discussions and Developments

Eurasian Economic Union, Trade

The heads of state of the Eurasian Economic Union (EAEU) countries met in Moscow this week to discuss the ten-year progress since the bloc was formed and make plans for future development. The event was attended by the five heads of state from Armenia, (Prime Minister Nikolai Pashinyan) Belarus (President Alexander Lukashenko), Kazakhstan, (President Kassym-Zhomart

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Arkhangelsk-Shanghai To Become A Regular Northern Sea Route Service

China, Logistics & Transport, Trade

China’s Yangpu Newnew Shipping plans to make 10-12 shipping runs from Shanghai to Arkhangelsk along the Northern Sea Route (NSR) in 2024, according to the government of the Arkhangelsk region. Alexander Tsybulsky, Arkhangelsk Regional head, and Tsetsen Goryaev, the General Director of the Arkhangelsk Commercial Sea Port and Elena Maximova, the General Director of Torgmall

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Russia’s Aurus Luxury Auto Brand Takes Over Toyota’s St.Petersburg Production Plant

China, Investment, Trade

In another indication of how Western sanctions have spurred Russia’s domestic industries, a St. Petersburg-based plant formerly belonging to Japanese automaker Toyota has been transferred to Russian high-end carmaker Aurus, according to Denis Manturov, Russia’s acting Minister of Industry and Trade. Production of Aurus cars at the plant will start before the end of 2024.

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First Agroexpress Chelyabinsk Freight Train Leaves For Chengdu

BRICS, China, Infrastructure, Logistics & Transport, Trade

The Yuzhnouralsky Dry Port and Rusagrotek LLC have sent the first container train with agricultural products from Chelyabinsk to Zabaikalsk, one of the China border crossings. The train will proceed to Chengdu in China’s Sichuan Province, with the total travel time estimated at 14 days. The train consists of 70 forty-foot containers. The route was

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Sberbank Launches QR Code Payment System In Turkiye

Finance, Trade

Sberbank has launched payments using the SberPay QR code service in Turkiye, the bank has stated. Turkiye had previously come under sanctions pressure from the United States over initial plans for its banks to accept Russian MIR cards. Turkiye has become one of the biggest beneficiaries of the domestic Russian tourism market as Russians move

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Russia, Sao Tome & Principe Sign Cooperation Agreements

Trade

The governments of Russia and the Democratic Republic of Sao Tome and Principe have concluded an agreement on military cooperation. The parties signed the deal in St. Petersburg on April 4, and is intended to remain in force “for an indefinite period of time.” Russia and Sao Tome and Principe have agreed to cooperate in

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Russia Moves To Self-Sufficiency In Beer Production

Investment, Trade

The largest member companies in the Association of Beer, Malt and Beverage Producers (APP), together with partner farmers, have increased the sowing area for malting barley 6% this year to 240,700 hectares, a press release from the APP said. Farms in over 20 regions of Russia grow malting barley for APP members, predominantly in Altai,

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Indian Imports Of Metallurgical Coal From Russia Grows To 21% Of Total

BRICS, Energy, India, Trade

Imports of metallurgical coal from Russia have grown three-fold in the last three years to around 15.1 million tonnes in 2023-24 mainly due to lower prices – while the same imports from Australia have declined, according to Indian research firm Big Mint. Russia’s share in India’s metallurgical coal imports of 73.2 million tonnes has risen

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RUSSIA'S PIVOT TO ASIA

«Поворот России в Азию»

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