Trade

OPEC Image

Putin Discusses OPEC Production With Saudi Crown Prince

Energy, Middle East, Regulatory, Trade

The Russian President Vladimir Putin held discussions with the Saudi Crown Prince Mohamed bin Salman Al Saud on Thursday (March 13) following the US bilateral talks with Ukraine which the Prince hosted. In addition to no doubt discussing the content of the talks, the two also discussed collaboration within the OPEC+ platform, which regulates oil […]

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GRE Image

Prospects For The “Greater Eurasian Partnership”: Analysis

Africa, China, Commonwealth of Independent States, Eurasian Economic Union, India, Security, Trade

The Russian Foreign Minister, Sergey Lavrov, has stated that “Eurasia needs a continent-wide structure akin to the African Union or the Community of Latin American and Caribbean States (CELAC)” in interviews this week. Bearing in mind that Western Europe already has the European Union and the Organisation for Security & Defence in Europe (OSCD), his

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Rubles Lira

VTB Launches QR Payment System In Turkiye, Bypasses SWIFT 

Economy, Finance, Infrastructure, Middle East, Trade

Russia’s VTB bank has launched a QR code payment system for purchases in Turkiye, with the system coming operational from March 12. About 7 million Russians visit Turkiye every year, either on holiday or in transit elsewhere. Western sanctions have restricted the use of Russian Mir cards in Turkey – The US Treasury Department’s Office

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Indonesia

Russia, Indonesia Agricultural Trade Up 41.4% In 2024

Agriculture, Asia, BRICS, Eurasian Economic Union, Exports, Imports, Trade

Russia and Indonesia grew their trade turnover of agricultural products to nearly US$1.5 billion in 2024, up 41.4% compared to the previous year, according to Russia’s Agroexport centre. This included approximately 1.4 million tonnes of agricultural goods. The main commodity items in the value structure of Indonesian imports from Russia in 2024 were wheat (92.3%),

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Euroclear

Hong Kong Developing Alternative Clearing House After Euroclear’s Distribution Of Russian Assets 

China, Economy, Finance, Trade

Hong Kong’s Exchanges and Clearing house, which runs the Hong Kong stock market, said last week that it was working with the Hong Kong monetary authority to develop an Asian international settlement house intended to rival Belgium’s Euroclear and Luxembourg’s Clearstream. The move comes as a bid to lessen dependence on western financial infrastructure, and

Hong Kong Developing Alternative Clearing House After Euroclear’s Distribution Of Russian Assets  Read More »

Veitnam

Russian Tourists and Digital Nomads Favouring Vietnam

Asia, Exports, Logistics & Transport, Trade

The Vietnamese Ambassador to Russia, Dang Minh Khoi has stated that more than 80,000 Russian tourists have visited Vietnam between January 1 and March 10, with a total of 400,000 to 500,000 Russian tourist arrivals expected over the full year.  Dang said that over 250,000 Russian tourists visited Vietnam in 2024, as tourist arrivals started

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RussiaUzbekistan

Russia, Uzbekistan: 2025 Trade & Investment Update   

Commonwealth of Independent States, Eurasian Economic Union, Exports, Imports, Trade

Russia’s First Deputy Prime Minister Denis Manturov has been meeting with Uzbekistan’s Deputy Prime Minister Jamshid Khodjaev in Moscow. Manturov and Khodjaev are co-chairs of the Russia-Uzbekistan intergovernmental commission on economic cooperation. The two parties discussed priority issues regarding bilateral cooperation during the meeting, with Manturov emphasizing the significant potential of interregional cooperation. The two

Russia, Uzbekistan: 2025 Trade & Investment Update    Read More »

Belarus Pakistan

Russia, Belarus and Pakistan Sign Freight Transport Agreements To Access “Far Arc” Destinations   

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

The Belarus Ministry of Transport and Communications has said that logistics companies from Russia, Belarus and Pakistan have signed a MoU that will allow increasing freight traffic between the three countries, but also with the countries of the “Far Arc” which also includes Brazil, Cuba, and Venezuela in Latin America; Nigeria and South Africa in

Russia, Belarus and Pakistan Sign Freight Transport Agreements To Access “Far Arc” Destinations    Read More »

China Grain

Russia Overtakes United States In Wheat Exports To China For The First Time 

Agriculture, China, Exports, Trade

The Rusagrotrans analytical centre, which services Russian agricultural logistics, has stated that Russia exported 275,000 tonnes of wheat to China in the first eight months of the current agricultural year from July 2024 to February 2025. This has exceeded the volume of supplies from the United States to China for the first time.   Rusagrotrans

Russia Overtakes United States In Wheat Exports To China For The First Time  Read More »

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