Trade

Ruble

Payment In Rubles Now Accounts For Over 50% Of All Russian Exports

Economy, Finance, Russian Market, Trade

The share of the Russian ruble in payments for Russian exports has surpassed 50% of the total for the first time, according to the Russian Central Bank.   Moscow and many of its trading partners have stepped up efforts to reduce exposure to the Western financial system since major Russian banks were cut off from […]

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EAEU

Eurasian Economic Union GDP Growth Projected To Average 6% Between 2025-2030

Commonwealth of Independent States, Economy, Eurasian Economic Union, Finance, Trade

The average economic growth rate of the Eurasian Economic Union (EAEU) countries between 2025 – 2030 is projected to average out at about 6% per annum, according to various analytical sources including the Eurasian Development Bank, World Bank and data analysts Statista. That could even be higher should sanctions during the coming five years be

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EAEU

Eurasian Economic Union Prime Ministers Meet in the Altai Republic

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

Russian Prime Minister Mikhail Mishustin has conducted a series of bilateral meetings in Manzherok at the Gorno-Altai resort in the Altai Republic on Thursday, meeting with the prime ministers of Armenia, Belarus, and Kazakhstan. Armenia In relations with Yerevan, Moscow is concerned about the decline in trade turnover against the backdrop of Armenia’s rapprochement with

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Thailand-Russia-Cambodia Flag copy

Thailand – Cambodia Conflict – Impact On Russia

Asia, BRICS, Eurasian Economic Union, Security, Shanghai Cooperation Organisation, Trade

Conflict has broken out between Thailand and Cambodia, regarding long-disputed land borders and certain temples. The problems began with a Thai soldier being wounded by a Cambodian land mine and have escalated. As of Friday, (July 25) an estimated 15 civilians have died with 138,000 Thai nationals being evacuated from the border region. Fighting has

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Hungary Image

Russia Discusses Oil Pipeline Construction with Hungary and Serbia

Energy, Exports, Infrastructure, Investment, Trade

Hungary’s Foreign Minister Peter Szijjarto said the country was making progress in talks with Moscow and Belgrade on building a new oil pipeline between Hungary and Serbia. Szijjarto said, “While Brussels is blocking Russian energy supplies, cutting off connections, and blocking routes, we need new sources and new routes. Hungary will not fall victim to

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China’s Great Wall Autos Investing In Auto Components Plant In Tula   

China, Investment, Russian Market, Trade

China’s Great Wall Motors (GWM) will build a new plant for the production of automobile components and transmissions in Russia’s Tula Region. GWM and the regional government signed the agreement on the sidelines of the St. Petersburg International Economic Forum in June. The plant, which will create 1,000 jobs, will be built at the Uzlovaya

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Auto image

China’s Changan Relocates Auto Manufacturing From Kaliningrad To Kazakhstan

China, Imports, Trade

The Chinese car manufacturer Changan has stopped producing its cars at the Avtotor plant in Kaliningrad and now plans to supply its cars to Russia from Kazakhstan. The first deliveries are scheduled for autumn 2025, with the Changan CS55 Plus crossover the first to be imported into Russia. The cars will be assembled at the

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