Trade

EAEU Flags1

Eurasian Economic Union – Mongolia Free Trade Agreement Expected In December

Asia, China, Economy, Eurasian Economic Union, Trade

The Eurasian Economic Union (EAEU) is expected to sign an interim free trade agreement with Mongolia before the end of this year, according to Alexei Overchuk, the Russian Deputy Prime Minister. He stated yesterday (November 26) that “We’re approaching the signing of an interim free trade zone agreement with Mongolia, we’re expecting it.” Numerous infrastructure […]

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Frigate

India Commissions Russian-Built Warships

BRICS, Foreign Investment, India, Security, Shanghai Cooperation Organisation, Trade

The Indian Defence Minister, Rajnath Singh, is to visit Russia’s Kaliningrad shipyard next month where the Indian Navy Stealth Frigate, INS Tushil is currently being built. The three-day visit will start on December 8, and will include talks with Russian Defence Minister, Andrey Belousov in Moscow. Singh will then travel to the Yantar shipyard located

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Thanksgiving

A Russian 2024 Thanksgiving: Rostov’s Damate Group Doubles Turkey Exports To China

Agriculture, China, Exports, Trade

Damate Group, Russia’s leading turkey meat producer, exported 8,300 tonnes of turkey and duck meat to China in the nine months between January and September 2024, double the volume exported in the same period last year, the company has said. Damate said that their turkey meat exports to China stood at 8,000 tonnes, of which

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Afghanistan Image

Russia To Assist Afghanistan Re-Enter International Community, Develop Regional Trade

Asia, Infrastructure, Investment, Russia's Belt & Road, Trade

Russia intends to develop bilateral cooperation with Afghanistan in various fields, Security Council Secretary Sergey Shoigu has said, in meetings with Afghanistan’s Deputy Prime Minister Mohammed Abdul Kabir. Shoigu paid a visit to Afghanistan on Monday, (November 25) where he met with the country’s top leadership. During four rounds of talks, he discussed economic, transportation

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Containers

BRICS Faces Container Imbalances, Russia To Build Worldwide Container Manufacturing & Distribution Hubs

BRICS, Infrastructure, Investment, Logistics & Transport, Trade

Over the past three years, Russia’s share in BRICS trade has more than doubled and has further potential for expansion and containerisation – but there are bottlenecks that need dealing with.  During that timeframe, BRICS imports from Russia have surpassed exports to Russia by almost 4.5 times, creating a huge container imbalance. As a result,

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Naushki

Russia-Mongolia Railway Border Crossing To China Doubles Freight Capacity  

Asia, China, Infrastructure, Logistics & Transport, Trade

The Naushki border railway crossing between Russia and Mongolia, which is the most in-demand railway crossing between the two countries, has been enlarged and can now accommodate twice as many freight wagons for customs inspection. It has also been digitized, which will speed up border crossings and allow an increase in cargo turnover both between

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China Rail

Russian Railways Rail Freight To China Up 8.5% In 10M 2024  

China, Infrastructure, Logistics & Transport, Trade

Russian Railways has transported 145 million tonnes of cargo to China over the first 10 months of 2024, 8.5% more than in the same period of 2023, according to Sergey Pavlov, the Deputy head of Russian Railways. He was speaking at the “Effective Multimodal Logistics: Horizons of the Future” event during the Russian Transport Week

Russian Railways Rail Freight To China Up 8.5% In 10M 2024   Read More »

Iran

Russian Gauge Railway To Connect With Iranian Gulf Ports & INSTC  

BRICS, Logistics & Transport, Middle East, Russia's Belt & Road, Trade

Russia and Iran are negotiating the construction of a Russian-standard gauge railway from the Iranian city of Parsabad on the Iranian border with Azerbaijan, to the Iranian port of Bandar Abbas on the Persian Gulf coast, according to Kazem Jalali, the Iranian Ambassador in Moscow. Russian rail gauge is 1,520 mm wide, Iran’s is 1,435

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