Trade

Russia To Start Exporting World’s Biggest Coking Coal Deposits To East Asia From 2025

Energy, Exports, Trade

Russia’s Elginskoye coal deposits are one of the world’s biggest coking coal deposits, with JORC-compliant reserves of about 2.2 billion tonnes. Located in Yakutia, the Elga coal company, which operates the mine, is also building a private, ‘Pacific Railway’ which will start operations in 2025, according to Russian President Vladimir Putin. He was speaking at

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Grain Ship

Russia Expands Baltic Sea Ports Capacity To Reach Emerging African and LatAm Consumer Markets

Infrastructure, Logistics & Transport, Trade

Despite the European Baltic Sea nations closing their operations to Russian shipping – at some cost to their throughput – Russia has been expanding its Baltic Port capacities to meet new markets in Africa and Latin America. This goes hand in hand with Russian plans to boost agricultural exports by 50% by 2030. Russia is

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Russia Equatorial Flags

Russia, Equatorial Guinea Hold Trade Development Talks

Africa, Energy, Trade

The Russian President, Vladimir Putin, has been holding discussions with the President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, in Moscow. Equatorial Guineas currently holds the Presidency of the Economic Community of Central African States (ECCAS). The Kremlin said the agenda for the talks “includes prospects for the further development of Russian-Equatoguinean relations in various areas

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Sao Tome Port

Russia Plans Maritime Cooperation With Sao Tome & Principe On The West African Coast

Africa, Infrastructure, Logistics & Transport, Trade

Russia is set to gain access to a key strategic naval port in the West African Atlantic Ocean through a bilateral cooperation agreement with the island nation of Sao Tome and Principe, located off mainland Nigeria, Cameroon and Gabon.   A bill on the issue has been approved by a Russian government commission on legislative activity.

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Has Putin’s “War In Ukraine” Really Failed – As Biden Suggested To The UN?

Economy, Trade

The out-going US President, Joe Biden, gave a speech to the United Nations General Assembly yesterday (September 24) in which he stated that “The good news is Putin’s war has failed at his core aim” and then went on to list achievements, mainly as regards the expansion of NATO and the fact that Ukraine remains a

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Cocoa

Moscow Stock Exchange Begins Trading In Cocoa Futures With African, Asian and Latin American Producers A Main Beneficiary

Africa, BRICS, Finance, Trade

The Moscow Stock Exchange (MOEX) has begun trading in cocoa futures contracts, with trading and settlements conducted in Russian Rubles. The cocoa trade desk began operating yesterday (September 24) and reflects an international demand for the product, reflecting the dynamics of the price of cocoa beans supplied from countries in Africa, Asia, and Central and

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Pakistan Containers

Pakistan Joins International Transport Corridor Route from Belarus to Indian Ocean

Infrastructure, Logistics & Transport, Trade

Pakistan has officially joined the International Transport Corridor (ITC), which runs Belarus-Russia-Kazakhstan-Uzbekistan-Afghanistan-Pakistan-ports of the Indian Ocean, the Uzbekistan Ministry of Transport has stated. The ITC will strengthen ties between Central and South Asian countries, whiloe for Belarus and Russia, both of which are under sanctions, it will provide additional access to the world ocean ports.

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