Trade Archives - Page 58 of 133 - RUSSIA'S PIVOT TO ASIA

Featured April 22, 2025

Sudan Awards Russia With Partnerships In Oil Investment, Exploration & Navy Base

The Sudanese Ministry of Energy and Petroleum has announced that two Russian companies, including state-owned Zarubezhneft, and Al-Rassi International Services (LLC), have signed a memorandum of understanding with Sudan’s Bashayer Petroleum Pipelines Company (BAPCO) to cooperate in petroleum services. The parties also addressed possible partnerships with the Sudan National Petroleum Corporation (Sudapet) in oil sector […]

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Featured April 21, 2025

Russian De-Dollarisation Has Increased To 79.8%; Trade With The West Declines To 15% Of The 2024 Total

The policy of de-dollarizing the Russian economy has been boosted over the past three years, mainly as an obvious reaction to US dollar sanctions being placed upon the country. Russian Deputy Prime Minister Alexei Overchuk said at the Federation Council that Russia has effectively completed a transition to settlements in national currencies: by the end […]

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April 21, 2025

Russian Arctic Needs To Be Integrated Into National Transport Infrastructure

In order to maximise the potential of the Northern Sea Route (NSR) and develop it into one of Russia’s key transport lanes, Russia’s Arctic seaports need to be integrated with Russia’s railway and road shipping infrastructure and inland waterways, according to Nikolai Patrushev, Russian presidential aide and the Chairman of Russia’s Maritime Board. Speaking at […]

April 21, 2025

Two More Russia-Mongolia Border Logistics Terminals To Be Built In Buryatia

Two more logistics terminals will be built on the Russian border of Buryatia with Mongolia: one near the Naushki railway checkpoint, the second near the Kyakhta checkpoint, according to the Kyakhtinsky government. The construction projects will begin immediately, and should be completed by 2027. The local newspaper stated that Andrey Fomin, the head of the […]

April 21, 2025

Russia-Indian Mutual Tourist Flows Could Hit 450,000 In 2025

The Indian Embassy in Moscow has stated that during 2024, the number of Indian tourists visiting Russia exceeded 120,000 people, and added that “If this trend continues, the mutual tourist flow can potentially surpass 450,000 for 2025.” In 2023, around 60,000 Indians visited Russia, while an estimated 160,000 Russians travelled to India – more than […]

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April 20, 2025

Russia Establishes New African Cargo Shipping Line

Russia’s JSC A7 Holdings, wholly owned by former FESCO co-owner and Board Chairman Andrei Severilov, has founded a new legal entity in the freight transportation sector. According to the Russian Unified State Register of Legal Entities, A7 African Cargo Lines LLC (A7 ACL, Moscow) was registered on April 17 with an initial charter capital of […]

April 19, 2025

Russia, Iran 2025 Relations: Update

The Iranian Foreign Minister, Abbas Araghchi has been visiting Moscow and has met with both President Putin and Russia’s Foreign Minister, Sergey Lavrov. Apart from mediating in the proposed United States-Iran nuclear agreement, the two sides also held extensive discussions concerning Russia-Iran bilateral relations. Following these, Lavrov held a press conference to describe the latest […]

April 19, 2025

Russia, Qatar Sign US$2 Billion Investment Fund Deal

Russia and Qatar have signed an agreement to establish a new US$2 billion investment platform aimed at strengthening economic ties and boosting bilateral cooperation. The deal was signed on Thursday (April 17) following talks in Moscow between Russian President Vladimir Putin and Qatari Emir Sheikh Tamim bin Hamad Al Thani, who was in Russia on […]

April 17, 2025

Russia, Indonesia 2025 Relations: Update

A meeting of the Russian-Indonesian Intergovernmental Commission was held last week in Jakarta at the Ministerial level, led by Russian First Deputy Prime Minister Denis Manturov. The meetings had a wide-ranging agenda, including the proposed free trade agreement, inter-banking, energy, and industrial and agricultural developments. Indonesia is a major Southeast Asian economy with a population […]

April 17, 2025

Russia, Turkiye 2025 Relations: Update

The Russian Foreign Minister Sergei Lavrov and his Turkish counterpart Hakan Fidan have discussed the situation in the South Caucasus and the Black Sea region and Russian-Turkish economic and energy cooperation, during the Antalya Diplomacy Forum held last week. The Antalya Diplomacy Forum (ADF) is an annual conference on international diplomacy that is held in […]

April 17, 2025

Chinese Imported Auto Brands Exiting Russia Market As Added Value Manufacturing Becomes The New Normal

China’s auto manufacturers have leapt to a 45% Russian market share over the past three years as European manufacturers exited the market and Chinese brands swept in to replace them. However, oversupply and changes in Russia’s import tariffs on vehicles have meant that up to ten Chinese brands may leave the Russian market due to […]