Trade

Russia Iran

Russian Security Council Secretary Arrives In Iran For Talks

BRICS, Energy, Eurasian Economic Union, Shanghai Cooperation Organisation, Trade

BREAKING NEWS: Wednesday August 7Vladimir Putin has reportedly told Iran to avoid civilian casualties in any retaliatory attack on Israel for the assassination of the Hamas political leader Ismail Haniyeh.  Sergei Shoigu, Russia’s Security Council Secretary, has arrived in Iran for discussions with Iranian Supreme National Security Council Secretary Ali Ahmadian, and the Chief of […]

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Russia Wants To Develop Tanzanian Gas Sector & Indian Ocean Port Hubs  

Africa, BRICS, Infrastructure, Trade

Andrey Avetisyan, Russia’s Ambassador to Tanzania, has identified the country as having attractive potential as a trade hub to develop Russian trade with Africa and beyond. The countries east coast can bee easily connected with the existing North-South Transport Corridor, and lies on the Indian Ocean.     Avetisyan said that “Tanzania has access to the Indian

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Roscosmos

Roscosmos Looks To New Space Markets In The Global South

Infrastructure, Investment, Trade

Roscosmos, Russia’s space agency, has had the contracts it possessed with now unfriendly countries all terminated, according to First Deputy General Director Andrei Yelchaninov. The company, with multiple subsidiaries, had been involved with everything from building the International Space Station (ISS) main capsules, ferrying astronauts to the ISS, putting other countries satellites in orbit, monitoring

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Crypto Laws

Russia’s New Digital, Crypto, Cross Border Finance and Foreign Banking Laws: An Explainer

Economy, Finance, Trade

Russia just became the world’s largest crypto economy As we had predicted, Russia has adopted a law in the second and third readings that allows cross-border settlements and exchange trading in digital currency within the framework of experimental legal regimes (ELR) from September 1.  Russian lawmakers also legalized cryptocurrency mining in Russia. The Central Bank

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Venezuela Oil

Venezuela Suggests Transferring Its US Energy Contracts To The BRICS Countries

BRICS, Energy, Trade

Venezuela could transfer the development rights to its vast oil and gas fields that are currently operated by American energy companies to entities from BRICS nations, President Nicolas Maduro said on Friday. Maduro is currently facing pressure from Washington following contested elections, with Washington recognising his opponent as the legitimate President. Venezuela is also a

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India To Build Special Port To Handle Russia / INSTC Goods

BRICS, India, Infrastructure, Investment, Miscellaneous, Trade

The Indian government has approved a proposal for building a large deep water port on its western coast to connect it with major global trade networks and handle trade with Russia, New Delhi has announced. The port, to be built at Vadhavan in the Maharashtra state, would aid trade flow through the International North-South Transportation

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Russia – Central African Republic: 2024 Updates 

Africa, Investment, Trade

Russia expects to continue fruitful cooperation with the Central African Republic (CAR) in the military and military-technical spheres following the UN Security Council’s decision to lift the arms embargo on the country, Alexander Bikantov, the Russian Ambassador to Bangui has said. “We count on the continuation of fruitful military cooperation in the interests of our

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Bali

Aeroflot Expected To Provide Direct Flights To Bali From September  

Economy, Eurasian Economic Union, Logistics & Transport, Trade

Aeroflot has requested permission to arrange direct flights to and from the island of Bali, starting from September 2024, the airline has stated. The airline is now awaiting the Indonesian aviation authorities’ decision, however this is expected to be granted. Indonesian President-elect Prabowo Subianto said at a meeting with Russian President Vladimir Putin on Wednesday

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Manzhouli

Development of the Zabaikalsk-Manzhouli Russia-China Border Checkpoint

China, Infrastructure, Logistics & Transport, Trade

The Zabaikalsk border checkpoint on the Chinese border with Manzhouli in China’s Inner Mongolia Province is now the most in-demand crossing between Russia and China for cargo carriers. According to Russia’s Federal Customs Service (FCS), in the first six months of this year, imports of Chinese goods to Russia through this border crossing increased by

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Russia To Develop Inland River Ports And Logistics Hubs

Infrastructure, Investment, Logistics & Transport, Trade

The Ob, Irtysh, Lena, and Yenisei Rivers are all to be developed to access the Northern Sea Route  Russia’s Federal Agency for Maritime and River Transport (Rosmorrechflot) and Rosatom are to jointly create logistics hubs on the Ob, Irtysh, Lena and Yenisei rivers, with the aim to give improved access to the Northern Sea Route

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