Trade

FESCO

Russia Increases Shipping Container Capacity With India and UAE By 45% 

Asia, BRICS, Exports, Imports, India, Logistics & Transport, Middle East, Russian Market, Trade

Russia’s FESCO Transport Group has increased the container capacity of the line between India, the UAE and its Novorossiysk Port by 45%, by adding a third container ship to the FESCO Indian Line West (FIL-W) line connecting the ports of India and the UAE with Novorossiysk. German Maslov, Vice President, Line Logistics Division, FESCO, stated […]

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Hungary

Russia-Hungary 2025 Bilateral Trade & Relations: Update

Energy, Russian Market, Trade

The Russian Foreign Minister, Sergey Lavrov, has held phone discussions with Peter Szijjártó, Hungary’s Foreign Minister. Hungary is a member of the European Union, but it has been extremely critical of Brussels’ approach towards Russia and is seeking to maintain cordial and developing ties with Moscow. Russia is working out the contours of a future

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LatAm

Russia Eyes the Latin American LNG Supply Market

Energy, Exports, Latin America, Trade

Russia is eying opportunities to enter the Latin American gas market, with the main LNG customers expected to be Argentina, Bolivia, and Chile. Despite the vaguely anti-Russian rhetoric of Argentinian President Milei, interest from Argentina remains, and the country possesses LNG terminals capable of receiving Russian gas. Bolivia, meanwhile, is Russia’s closest partner and logistics

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DPRK

Russia-North Korea 2025 Relations: Update

Agriculture, Asia, Infrastructure, Security, Trade

The Secretary of the Russian Security Council, Sergei Shoigu, has met with the North Korean leader Kim Jong-un in Pyongyang, with the Korean Central News Agency (KCNA) stating that the North Korean government will continue to “unconditionally support Moscow” in the conflict in Ukraine. Their statement read, “Comrade Kim Jong-un assured that the government of

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RussiaAsia

FESCO Ships Equipment From Mumbai To Kaliningrad For New Food Production Plant

BRICS, Imports, India, Logistics & Transport, Russian Market, Trade

Russia’s FESCO Transport Group has been making shipments of equipment in specialized Flat Rack containers to the Kaliningrad region from the Indian port of Mundra, Mumbai. The oversized cargo is intended for the construction of a new food production plant in Kaliningrad. Three shipments have already been delivered, with a total volume of 64 TEU.

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Space Tourism

Russia To Develop Space Tourism Industry: Prospects

China, India, Infrastructure, Logistics & Transport, Russian Market, Trade

Russia’s Roscosmos is planning to send space tourists to the Russian space station currently under development, according to Roscosmos CEO Dmitry Bakanov. He stated that “Instead of the ISS (International Space Station), there will be a Russian space station where we are planning to develop tourist missions as well.” Russia is creating the new station

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Turkeminstan

Russia, Turkmenistan Discuss International North-South Transportation Corridor Rail Cooperation

Asia, Infrastructure, Logistics & Transport, Trade

Roman Starovoit, the Russian Minister of Transport, has had video discussions with Mammetkhan Chakyev, Head of the Agency for Transport and Communications of Turkmenistan. The meeting focused on the development of international transport projects. The key topic of discussion was the expansion of opportunities for road freight transportation. The parties discussed ways to increase the

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AG Bank Flag

Russian Agricultural Bank Considering Cryptocurrencies in Grain Trade Settlements

Agriculture, Economy, Exports, Finance, Trade

The Russian Agricultural Bank (RusAg) is considering using cryptocurrencies for settlements in grain trading, the bank has stated. RusAg first deputy CEO Irina Zhachkina said that “We believe that cryptocurrencies could be a convenient alternative instrument, and we are now exploring the possibility of using cryptocurrency instruments for settlements in grain trading with the Bank

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Industrial Park

Russia To Invest Millions Into The Creation Of New Industrial Parks

Economy, Exports, Finance, Russian Market, Trade

The Russian government will allocate nearly ₽860 million (US$11 million) this year to finance the development of industrial parks and techno parks in numerous regions. Industrial and technological parks were a key component of China’s manufacturing success from the early 2000’s to the present day. They offer investment incentives, such as tax breaks, reduced utility

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