Moscow has increased exports of petroleum products to African countries in recent years, despite Western sanctions, Russian Foreign Minister Sergei Lavrov has said. He made the statement in an interview for a documentary project on oil that was published on the Foreign Ministry’s website on March 21. He said that “We have doubled the export […]
Russia Has Doubled Its Oil Exports to Africa in 18 Months Read More »
Bakytzhan Sagintayev, the Chairman of the Board of the Eurasian Economic Commission (EEC) and President of Russia Vladimir Putin met during negotiations on March 19 in Moscow. The EEC is the regulatory body for the Eurasian Economic Union (EAEU) which includes Russia along with Armenia, Belarus, Kazakhstan, and Kyrgyzstan. It fits the geographic space between
Russia, EAEU Discuss Priority Trade Developments Read More »
Data from the International Energy Agency (IEA) reveals that the European Union’s embargo on the purchase, import and transfer of Russian crude oil at the end of 2022 has had almost no impact on the total volume of Russian oil exports. As the following chart shows, this is due to other countries filling in the
The Federal Customs Service of Russia has stated that it transferred tax and duty collected revenues to the State budget of ₽6.623 trillion (US$72.1 billion) which was 6.4% higher than in 2022. This came despite Western markets ceasing direct exports to Russia and shutting down their borders with Russia. Finance Minister Anton Siluanov said that
The potential for Russian agribusiness exports to Pakistan by 2030 is estimated at 2.8 million tonnes worth up to US$900 million, according to Russia’s Agriculture Ministry. The most promising exports are grains such as wheat and barley, grain legumes, and millcake meal. Russia exported about 1.2 million tonnes of agricultural products worth US$423 million to
Russia – Pakistan Agricultural Export Potential US$900 Million By 2030 Read More »
Russian Railways (RTZ) are planning to tender for contracts to restore Cuba’s railway infrastructure, according to Sergei Pavlov, First Deputy Head of RTZ has stated at the TransRussia international exhibition being held in Moscow. Pavlov said “We plan to begin the process of reconstructing Cuba’s railway infrastructure. This year we will formulate and structure the
Russian Railways Tendering To Upgrade Cuba’s Railway Infrastructure Read More »
Russian President Vladimir Putin will travel to China in May for talks with Xi Jinping, in what would be the Kremlin chief’s first overseas trip of his new presidential term. Kremlin spokesman Dmitry Peskov stated that “Several presidential visits and several high-level contacts are being prepared at the moment. We will inform you as we
The first export train of 30 wagons loaded with oats departed for India from Formachevo station in Chelyabinsk, in the Urals region of Russia, Acting Head of Chelyabinsk Customs Andrey Gursky, has said. The train departed on March 18. The 830-tonne cargo was packed using the infrastructure of the Yuzhnouralsky transport and logistics complex. Since
Russia Sends First Grain Freight Train From Urals To India Via INSTC Read More »
Russian airlines saw total passenger turnover rise 13% year-on-year to 18.8 billion passenger-kilometers in February 2024, according to data from Rosaviatsia – Russia’s Federal Agency for Air Transport. The figure increased nearly 7% to around 11.3 billion passenger-kilometers on domestic routes, and 24% to 7.6 billion passenger-kilometers on international routes. Airlines saw passenger traffic rise
Russian February 2024 Air Passenger Turnover Rises 13% Read More »
India is apparently ready to start negotiations on a free trade agreement with the Eurasian Economic Union (EAEU), according to Belarusian Foreign Minister Sergei Aleinik, who visited New Delhi from March 12–13. Belarus is a member of the EAEU along with Russia and Armenia, Kazakhstan, and Kyrgyzstan. The bloc fills the geographic space between Eastern
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