Trade

EkoNiva

Russia’s EkoNiva Opens Retail Outlet In China

Agriculture, China, Exports, Investment, Trade

Russia’s EkoNiva Group, the largest raw milk producer in the country, has opened its first retail store in China.  It was opened in Xi’an, Shaanxi Province, which is home to the group’s trader EkoNiva (Xi’an) Dairy Co. Xi’an is also home to the world-famous terracotta warriors. The EkoNiva store offers customers ultra-pasteurized milk and coffee […]

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Buy Back

Foreign Business Asset Buy-Back Laws Considered By State Duma

Economy, Finance, Imports, Russian Market, Trade

In June, the Russian State Duma will consider a bill prohibiting the buy-back of shares to foreign companies in the second and third readings. The document has already been approved by the Russian Ministry of Finance. The bill describes in which cases foreigners will be refused the ability to buy back their once-owned assets, with

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Agriculture

Russian Agricultural Exports to Unfriendly Countries Reduced to 10% of Annual Production

Agriculture, Exports, Trade

Countries that Russia sees as friendly accounted for 90% of its agricultural exports in 2024, according to Russia’s Agriculture Minister Oksana Lut. The data means that Russia has completely absorbed the impact of sanctions in its agricultural sector. Lut stated that “In the current geopolitical conditions, we’re continuing to reorient our exports to friendly countries.

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Foie Gras

Kaliningrad’s Eco-Farmer To Export Foie Grae and Duck Pate To Kazakhstan

Agriculture, Eurasian Economic Union, Exports, Trade

The Kaliningrad-based agricultural consumer processing cooperative Eco-Farmer will ship its first batch of canned meat delicacies for export in June, the press service of the regional Agriculture Ministry said. Eco-Farmer is the only producer of canned foie gras, duck rillettes and pates in the Kaliningrad region. The cooperative began manufacturing these products in 2017. However,

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Singapore Dish

Singapore Further Opens Up Its Poultry Market To Russia

Agriculture, Asia, Exports, Trade

Singapore, which has largely been implementing sanctions imposed by the West upon Russia, is now moving back towards trade normality, and has permitted two additional Russian companies to supply poultry and by-products to its market, according to Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor). Singapore’s responsible authority has granted these rights to the

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Brazil

Rosatom Proposes Small Nuclear Power Plants And High Capacity Units To Brazil

BRICS, Energy, Exports, Latin America, Trade

Russia’s Rosatom state nuclear power corporation has proposed projects to Brazil involving both small nuclear power plants (SNPP) and high-capacity power units, according to Rosatom Latin America Director Ivan Dybov. He commented at the Nuclear Trade & Technology Exchange conference in Brazil. Dybov said that “Emphasizing the importance of nuclear projects for addressing climate challenges

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Vietnam

Vietnam Budget Airline To Launch Vladivostok Flights

Asia, Logistics & Transport, Russian Market, Trade

The Vietnamese low-cost carrier VietJet Air plans to launch direct regular flights from Hanoi (Noi Bai Airport) to Vladivostok starting June 15, according to Vladivostok Airport’s schedule, with flights operating twice a week on Airbus 321 aircraft. VietJet Air was established in 2007 and positions itself as an international low-cost carrier. Its headquarters is located

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Columbia-BRICS

Colombia To Join BRICS New Development Bank

BRICS, Economy, Finance, Infrastructure, Investment, Latin America, Trade

Colombia intends to join the BRICS New Development Bank (NDB) in 2025, according to Hector Arenas Neira, Colombia’s Ambassador to Russia. Neira said that the decision on this issue was made after talks with NDB head Dilma Rousseff, saying that “the decision has been made. Our president met with the president of the BRICS bank,

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Greek

Greek Shipping Owners Profiting From Russian Use Crude Oil Tankers

Energy, Infrastructure, Logistics & Transport, Trade

Data from Vortexa, the shipping analysts, show that Greek shipping operators have jumped at the chance to lift price cap-compliant Russian oil, with the volume of Russian crude being carried on Greek-operated Aframax tankers jumping to a 12-month high. The shipping boost is due to Russia offering discounted oil to buyers in India and Turkiye,

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