Trade

Russia’s Ust-Luga Oil Sea Port In Danger Of Rising Sea Levels Among 13 Globally  

Energy, Infrastructure, Logistics & Transport, Security, Trade

A study by the Swedish climate organisation International Cryosphere Climate Initiative has revealed that according to global warming scientists, 13 of the largest oil ports around the world are at operational risk due to rising sea levels and subsequent flooding. A rise of just 1 meter could create disruptions as early as 2070 if carbon […]

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Russian Government Procurement From the BRICS, Asian and Eurasian Banks

BRICS, Finance, Infrastructure, Russian Market, Trade

Contracts from international financial organizations will appear on the Russian government procurement website. These include projects being tendered for by several international banks that Russia holds equity and invests in, including the New Development Bank (NDB – formally known as the BRICS Development Bank). The NDB plans to unfreeze investments in Russia — money that

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How Russia Is Repositioning Its Wine Industry To Boost BRICS and Domestic Production 

Agriculture, BRICS, Imports, Russian Market, Trade

A symbol, as well as being representative of Russia’s move to replace previously EU manufactured imported products with products of Russian origin is Russia’s viniculture sector. Wines from Italy, France and Spain have long been popular in Russia, with these three countries alone accounting for 80% of all EU wine exports. In addition, viniculture is

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BRICS

Indonesia Joins BRICS As A Full Member

BRICS, Economy, Eurasian Economic Union, Exports, Imports, Russia's Belt & Road, Trade

Indonesia has become a full member of the BRICS group, the its current rotating chair country, Brazil, announced on Monday (January 6). It brings the full member number of BRICS countries to ten, with the others being Brazil, Russia, India, China and South Africa, in addition to Egypt, Ethiopia, Iran, and the UAE. Several other

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Solyanka Port

Iran Imports From Russia Up As New Supply Chains Kick In

BRICS, Exports, Infrastructure, Logistics & Transport, Middle East, Trade

Iran’s imports of non-oil products from Russia have reached US$1.1 billion in the past 8 months, according to Foroud Asgari, Iran’s Minister of Customs. He said that Russia has now become the fifth largest source of Iranian imports. In early December, Russian President Vladimir Putin had highlighted the stability and reliability of trade and economic

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Central Asia

Russia’s Pivot To Asia New Publication – “2025 Guide To Central Asia”  

Commonwealth of Independent States, Eurasian Economic Union, Exports, Imports, Trade

Russia’s Pivot To Asia have published their ‘2025 Guide to Central Asia’, which details Russia’s trade, investment and geopolitical relations with Kazakhstan, Turkmenistan, Tajikistan, Uzbekistan, Afghanistan, Kyrgyzstan and Mongolia. It also discusses the roles and developments within the Commonwealth of Independent States and the Eurasian Economic Union. It is essential reading for anyone interested in,or

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Russia’s Foreign Trade: 2024 Changes and 2025 Trends

BRICS, Economy, Exports, Imports, Russian Market, Trade

2024 was marked by distinct changes in Russia’s foreign trade turnover, as sanctions and geopolitical instability forced the Russian economy to adapt to a new normal. Despite these challenges, exports grew by 0.5% to reach US$278 billion in value, while the focus of attention of Russian suppliers was Asia, Africa and the CIS countries. It

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