Trade

Putin: 2024 Russia – Commonwealth of Independent States Trade Up 10.6% 

Commonwealth of Independent States, Exports, Imports, Trade

The Russian President, Vladimir Putin, convened an informal group meeting of the Commonwealth of Independent States (CIS) member states in St. Petersburg on December 25th. The CIS includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan, with Turkmenistan an observer state. The CIS differs from the Eurasian Economic Union in that it is not […]

Putin: 2024 Russia – Commonwealth of Independent States Trade Up 10.6%  Read More »

China Gas

New Russia – Kazakhstan – China Gas Pipeline Agreed

China, Commonwealth of Independent States, Energy, Exports, Infrastructure, Trade

Russia has begun developing a new gas pipeline to China via Kazakhstan that will have a planned annual capacity of 45 billion cubic meters (bcm), according to Russian Deputy Prime Minister Aleksandr Novak. In a model that will be of interest to Mongolia, China will receive 35 bcm of gas per year via the conduit,

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Russian Food Exports To India Increase Over 100% in 2024

Agriculture, BRICS, Exports, India, Trade

Food exports from Russia to India increased by over 100% during the first 11 months of 2024, according to from the Russian Agroexport federal agency. The top five agricultural products exported to India were sunflower oil, peas, soybean oil, dried chickpeas, and oats. The value was estimated at being worth over US$2.3 billion – more

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Russia, Pakistan To Launch Direct Rail Services

Asia, Exports, Imports, Infrastructure, Logistics & Transport, Trade

Russia and Pakistan will launch the first direct freight train between the two countries next year as they seek to boost mutual trade, according to Pakistani Energy Minister Awais Leghari. Moscow and Islamabad are set to launch trial runs on the rail link to transport goods from Russia to Pakistan in March 2025, he said.  

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Belarus

Russia, Belarus, To Jointly Produce Electric Vehicles

Eurasian Economic Union, Imports, Investment, Russia's Belt & Road, Trade

Belarus and Russia are working on creating a joint venture to produce electric vehicles, according to the Belarusian National Academy of Science (NAS), who stated “From December 22 to 25, a delegation from the Belarusian NAS, led by Academician and Secretary of the Department of Physical and Technical Sciences Sergei Shcherbakov, is visiting organizations of

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BRICS

Nine New BRICS Partner Countries From January 1, Four Pending, and 24 Applications

Africa, Asia, BRICS, Latin America, Middle East, Russia's Belt & Road, Trade

Nine countries will officially join BRICS as partner states in January, Russian presidential aide Yuri Ushakov has said, adding that the economic group is open to like-minded partners. The new “Partner Country” status was approved at the BRICS summit in Kazan in October, after more than 30 countries applied to join the organization. Partner country

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EAEU

Eurasian Economic Union 2024 GDP Growth Expected To Be 4.2%

Economy, Eurasian Economic Union, Trade

The Eurasian Economic Commission, the secretariat of the Eurasian Economic Union (EAEU), expects the 2024 EAEU GDP growth to be 4.1%, according to the EEC’s press service. The statement read “A positive trend in the growth of gross domestic product continued to be observed in all countries of the Eurasian Economic Union in 9M 2024.

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Krygyzstan

Rosatom Renewables Signs Wind Farm Investment Deal With Kyrgyzstan  

Energy, Eurasian Economic Union, Investment, Russia's Belt & Road, Trade

Russia’s Rosatom Renewable Energy division, formerly known as NovaWind, has signed an investment agreement with Kyrgyzstan to build a 100 MW wind farm in the Issyk-Kul region, the company has said in a press release. Design and survey work and equipment contracting is scheduled to begin in 2025. Rosatom said that this is the first

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Plastic

Chinese Imports Of Russian Plastics Increase 7.44% In November: Implications For China EV Production 

China, Exports, Trade

China increased imports of Russian plastics and plastic products 7.44% month-on-month in monetary terms in November to US$42.61 million, according to statistics from China’s General Administration of Customs. Imports have fallen 3.3% year-on-year, however the recent upsurge suggests that China’s manufacturing sector, which has been in the doldrums, could be moving into greater productivity. Polyethylene

Chinese Imports Of Russian Plastics Increase 7.44% In November: Implications For China EV Production  Read More »

Azerbaijan Russia

Russia, Azerbaijan Sign INSTC Cargo Transit Agreement

Commonwealth of Independent States, Infrastructure, Logistics & Transport, Trade

Russia and Azerbaijan have signed a cargo transit cooperation agreement concerning mutual use of the International North-South Transport Corridor, according to Rashad Nabiyev, Azerbaijan’s Digital Development and Transport Minister. He stated on Saturday (December 21) that “We met with Russian Deputy Prime Minister Vitaly Savelyev and Transport Minister Roman Starovoit during a visit to Moscow.

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