Trade

India’s Cadila Pharma Agrees US$113 million JV Manufacturing Plant in Russia 

India, Investment, Trade

India’s Cadila Pharmaceuticals, one of the countries largest, together with the Russian Direct Investment Fund (RDIF) have agreed to jointly finance a new manufacturing facility in Russia, with a total investment of ₽10 billion (US$113 million). The agreement comes after numerous Western pharmaceutical companies withdrew from Russia under their governments pressure. Russia’s civilian pharmaceutical needs […]

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Sanctions Lose Their Bite Upon Russian Businesses, But High Interest Rates Remain Problematic

Economy, Trade

New survey suggests Russian businesses are mainly bullish and sanctions are being overcome  A new report by Yakov & Partners (previously McKinsey Russia) has stated that Russian businesses have successfully adapted to operating under Western sanctions, with 50% of Russian entrepreneurs noting an improvement in their business over the past six months. Looking ahead, 87%

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Russia and Zimbabwe Flag

Russia – Zimbabwe 2024 Bilateral Trade & Development

Africa, Trade

Russian President Vladimir Putin will meet with his Zimbabwean counterpart Emmerson Mnangagwa on Thursday (June 6) in St. Petersburg. The meeting will include one-on-one talks, followed by talks with an expanded circle of delegates. The Russian side will be represented by top diplomat Sergey Lavrov, Natural Resources and Environment Minister Alexander Kozlov, and Economic Development

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