Trade

EAEU

Eurasian Economic Union 2024 GDP Growth Expected To Be 4.2%

Economy, Eurasian Economic Union, Trade

The Eurasian Economic Commission, the secretariat of the Eurasian Economic Union (EAEU), expects the 2024 EAEU GDP growth to be 4.1%, according to the EEC’s press service. The statement read “A positive trend in the growth of gross domestic product continued to be observed in all countries of the Eurasian Economic Union in 9M 2024. […]

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Krygyzstan

Rosatom Renewables Signs Wind Farm Investment Deal With Kyrgyzstan  

Energy, Eurasian Economic Union, Investment, Russia's Belt & Road, Trade

Russia’s Rosatom Renewable Energy division, formerly known as NovaWind, has signed an investment agreement with Kyrgyzstan to build a 100 MW wind farm in the Issyk-Kul region, the company has said in a press release. Design and survey work and equipment contracting is scheduled to begin in 2025. Rosatom said that this is the first

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Plastic

Chinese Imports Of Russian Plastics Increase 7.44% In November: Implications For China EV Production 

China, Exports, Trade

China increased imports of Russian plastics and plastic products 7.44% month-on-month in monetary terms in November to US$42.61 million, according to statistics from China’s General Administration of Customs. Imports have fallen 3.3% year-on-year, however the recent upsurge suggests that China’s manufacturing sector, which has been in the doldrums, could be moving into greater productivity. Polyethylene

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Azerbaijan Russia

Russia, Azerbaijan Sign INSTC Cargo Transit Agreement

Commonwealth of Independent States, Infrastructure, Logistics & Transport, Trade

Russia and Azerbaijan have signed a cargo transit cooperation agreement concerning mutual use of the International North-South Transport Corridor, according to Rashad Nabiyev, Azerbaijan’s Digital Development and Transport Minister. He stated on Saturday (December 21) that “We met with Russian Deputy Prime Minister Vitaly Savelyev and Transport Minister Roman Starovoit during a visit to Moscow.

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Sakhalin

Russia, China To Introduce Regular Direct Sakhalin-Harbin Flights From January

Asia, China, Logistics & Transport, Trade

Russia’s Yuzhno-Sakhalinsk Airport, the main airport for the Sakhalin Islands in the Russian Far East, has signed a cooperation agreement with China’s Heilongjiang Airport Management Corporation, based in Harbin, the capital of China’s Heilongjiang Province, near to the border with Russia.  The agreement envisages the development of air transport between Sakhalin and China. The signed

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Flights

Russia Discussing Direct Flights To Brazil, Malaysia and Pakistan  

Asia, BRICS, Latin America, Logistics & Transport, Trade

Russia is holding negotiations on launching direct flights to Brazil, Malaysia and Pakistan, according to Roman Starovoyt, the Russian Minister of Transport, who had said “We are considering Malaysia and Brazil. Pakistan has also contacted us recently with a similar request. We are also analyzing the situation there, and engaging in a constant dialogue. Of

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Russia – Armenia Bilateral Trade Increases 91% In 2024

Eurasian Economic Union, Exports, Imports, Middle East, Trade

The Deputy Prime Ministers of Russia and Armenia – Alexei Overchuk and Mher Grigorian, have highlighted the continuing rapid growth of Russian-Armenian trade during the Russian-Armenian intergovernmental commission on economic cooperation meeting in Moscow on Friday (December 20). Overchuk said “Our trade and economic relations continue to be on the rise.  I can say that

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Russia–Kazakhstan To Open Cross-Border Logistics Centre In Astrakhan

Eurasian Economic Union, Exports, Imports, Infrastructure, Logistics & Transport, Trade

A cross-border trade center will be created at the Kazakhstan-Russia border, as announced during a meeting between Kanat Khasenov, the Consul General of Kazakhstan in Astrakhan, and Igor Babushkin, the Governor of Russia’s Astrakhan region. Babushkin noted that the Republic of Kazakhstan is one of the main partners of Russia’s Astrakhan Oblast (Province) with strong

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Russia – Mongolia Flight Services To Increase

Asia, Eurasian Economic Union, Logistics & Transport, Trade

A direct Vladivostok – Ulaan Baatar air route could appear from early 2025 as Russia and Mongolia look to boost air connectivity between them. At present, routes exist between Moscow, Irkutsk and Krasnoyarsk and the Mongolian capital.     Alexander Kozlov, the Russian Natural Resources Minister said that the two countries will assess viability after a meeting

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pig

Russian Pork Exports Rooting For A 2025 Increase, With China A Key Market

Agriculture, China, Exports, Trade

Russia could increase pork exports to 320,000-350,000 tonnes in 2025, according to Yury Kovalev, the CEO of the Russian National Union of Pork Producers. A more precise forecast will depend on whether China expands the list of Russian suppliers or if it will continue to include only three companies. Kovalev that “Without any expansion of

Russian Pork Exports Rooting For A 2025 Increase, With China A Key Market Read More »

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