Trade

Greek

Greek Shipping Owners Profiting From Russian Use Crude Oil Tankers

Energy, Infrastructure, Logistics & Transport, Trade

Data from Vortexa, the shipping analysts, show that Greek shipping operators have jumped at the chance to lift price cap-compliant Russian oil, with the volume of Russian crude being carried on Greek-operated Aframax tankers jumping to a 12-month high. The shipping boost is due to Russia offering discounted oil to buyers in India and Turkiye, […]

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Afghani

Afghanistan Negotiating With Russia To Use Own Currencies In Bilateral Trade

Commonwealth of Independent States, Economy, Finance, Infrastructure, Investment, Trade

In encouraging signs that Afghanistan’s trade and investment potential is improving, the Taliban administration is holding advanced negotiations with Russia to allow banks from both countries, both of which are heavily sanctioned in the West, to handle trade worth hundreds of millions of dollars using their own currencies. Afghanistan’s acting commerce minister, Haji Nooruddin Azizi,

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CAR Image

Russia To Assist Central African Republic In Veterinary Drugs, Vaccines & Infrastructure

Africa, Agriculture, Exports, Trade

Russia plans to supply veterinary drugs and vaccines to the Central African Republic (CAR) and may assist in building a modern animal slaughter facility in the country, according to Konstantin Savenkov, the deputy head of the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor), and Hassan Bouba, the CAR Livestock and Veterinary Medicine Minister.

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Algeria Flag

Algeria Becomes A Member Of The BRICS New Development Bank  

Africa, BRICS, Economy, Finance, Trade

Algeria has officially become a member of the New Development Bank (NDB), a financial institution created by the BRICS group of countries. The bank’s press office announced this on Thursday, May 22. “Algeria plays an important role not only in the North African economy, but also at the global level and will certainly contribute to

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Russia Bahrain Flags

Russia, Bahrain, Discuss Oil Energy Stability And OPEC+ Production Agreements  

Energy, Exports, Investment, Middle East, Security, Trade

Russian Deputy Prime Minister Alexander Novak and Bahrain’s Oil and Environment Minister Mohamed bin Mubarak Bin Dainah have been discussing cooperation under the OPEC+ agreement, with eyes on production guarantees for ensuring the stability and predictability of the world oil market. They have agreed to coordinate relations in this area, in response to Western sanctions

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Cable

Russia – China Cross-Border Cable Car To Open Next Year  

China, Infrastructure, Investment, Trade

The world’s first cross-border cableway, which will connect Russia and China and stretch across the Amur (Heilongjiang) river, will cost more than ₽13 billion (US$164 million) according to the latest projections, according to Ekaterina Kuzmina, the CEO of the Agency for the Development of Project Initiatives (ARPI). Kuzmina said that “Right now, the total project

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INSTC

Russia Keen To See INSTC Rail Network Extend Into Africa

Africa, Infrastructure, Investment, Logistics & Transport, Trade

Russian Railways (RZD) sees potential to extend the International North-South Transport Corridor (INSTC) to Africa and is also studying railway projects in a number of African countries, RZD first deputy CEO Sergei Pavlov has stated. He was speaking at the State Duma during a meeting of the expert council for the development and support of

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ArmeniaRussia

Russia, Armenia Bilateral Relations: 2025 Update

Eurasian Economic Union, Investment, Security, Trade

The Russian Foreign Minister, Sergey Lavrov has been visiting Yerevan at the invitation of the Ararat Mirzoyan, the Armenian Minister of Foreign Affairs. During the talks held at the Armenian Foreign Ministry, they discussed a wide range of issues related to the development of bilateral cooperation, interaction within the Eurasian integration associations, and coordination at

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Dagestan Oil

Azerbaijani Olive Oil Producer Invests In Dagestan  

Agriculture, Commonwealth of Independent States, Exports, Foreign Investment, Trade

Azerbaijan’s Isfa plans to invest up to AZN7 million (US$4.1 million) in planting an olive orchard and building an olive oil plant in Dagestan, the Azerbaijan’s Economic Zones Development Agency has reported. Isfa LLC, which has been operating in Azerbaijan since 2015, signed a memorandum on cooperation with Dagestan’s Export Support Center. Under the document,

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Congo Pipeline

Russia To Sanctions-Proof Republic Of Congo Pipeline Investment

Africa, Energy, Infrastructure, Investment, Trade

Russia hopes to establish a sanctions-proof channel for the supply of petroleum products by building a petroleum product pipeline in the Congo and also to gain the status of a strategic partner in ensuring the energy security of the entire region, Russian Deputy Energy Minister Dmitry Islamov has stated to the State Duma. Islamov was

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