Trade

Russia Azerbaijan Flags

Russia – Azerbaijan Bilateral Trade Up 10.1% In 2024

Commonwealth of Independent States, Infrastructure, Middle East, Trade

Trade turnover between Azerbaijan and Russia rose 10.1% year-on-year to nearly US$4.8 billion in 2024, Azerbaijan’s State Customs Committee (SCC) has stated. This places Russia third among Azerbaijan’s foreign trade partners after Italy and Turkey. The volume of Azerbaijan’s exports to Russia decreased 1.5% year-on-year to US$1.178 billion. Exports to Russia accounted for 4.4% of […]

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Altai

Russia’s Altai Territory Exports Of Plant-Based Products To Asia Increase

Agriculture, China, Trade

Farmers in Russia’s Altai Territory exported 2.26 million tonnes of plant-based products in 2024, to 45 countries. Shipments increased to China, Mongolia, Belarus, Afghanistan and Armenia, and began trade relations with Zimbabwe, Guinea, Bangladesh and the Central African Republic, the Altai branch of the Russian Grain Quality Assessment Center, part of the Federal Service for

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Putin Xi

2025 Russia-China Presidential Visits Confirmed As Putin & Xi Discuss Trade and Development

China, Economy, Infrastructure, Trade

The Russian President Vladimir Putin and Chinese President Xi Jinping spoke by video conference on Tuesday (January 21). Xi was invited to attend the Victory Day celebrations in Moscow on May 9, while Putin was invited to China’s events to commemorate the 80th anniversary of victory over Japan in Beijing on September 3. The talks

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SBP

Russia’s Fast Payment System Via Phone Set To Expand Into The Global South 

Asia, Exports, Finance, Imports, Regulatory, Trade

Russia’ Fast Payment System (SBP), in which banks will accept money transfers by phone number is rapidly developing and has now expanded to include nine countries: Abkhazia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Laos, Moldova, Tajikistan and Uzbekistan. The number of foreign banks accepting money through the SBP by phone number is also growing, with 50 now

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EAEU-IRAN

EAEU Members Complete Procedures For An Iran Free Trade Agreement

Eurasian Economic Union, Middle East, Regulatory, Trade

The Eurasian Economic Union (EAEU) member states have completed the procedures needed for the entry into effect of the free trade agreement with Iran, the Eurasian Economic Commission (EEC) has stated to Andrei Slepnev, the EEC’s Trade Minister. Slepnev himself stated that “Currently, the procedures necessary for the entry into force of the free trade

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Russia, UAE Finalise Double Tax Agreement To Commence 1st January 2026

Finance, Middle East, Regulatory, Trade

Russia and the United Arab Emirates have concluded the final round of negotiations on and initialled the draft of a new Double Taxation Agreement (DTA) on income and capital and to help prevent tax evasion. DTA provisions typically protect tax payers from being taxed twice for the same income, such as a Russian national working

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Mongolia

Mongolia Runs Into Budgetary Problems With Russian Road & Rail Connectivity

Asia, Eurasian Economic Union, Finance, Infrastructure, Trade

Mongolia’s 2025 budget has run out of money to repair access roads to its largest border crossing with Russia. Eight road projects, including the repair of the highway from the largest automobile border crossing at Altanbulag on the border with Russia, were excluded from Mongolia’s budget for 2025. Altanbulag is the largest automobile checkpoint on

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