Trade

Russian trucks

Russia – Azerbaijan Overland Border Crossing Being Enlarged – Increases Throughput 12 Times

Infrastructure, Logistics & Transport, Trade

The overland Tagirkent-Kazmalyar checkpoint on the border between Russia and Azerbaijan is to be upgraded and expanded, with plans to increase its vehicle throughput by 12 times. The Tagirkent-Kazmalyar crossing is a priority development project as it is a key access along the International North-South Transportation Corridor, (INSTC) which connects Russia south to markets in […]

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Oil to China

Russia, Iran, Overtake Saudi Arabia and Iraq As Leading Oil Exporters To China

China, Energy, Trade

The Future Iraq Institute for Economic Research and Consulting has reported that Iraq and Saudi Arabia have lost their positions as the largest oil exporters to China due to purchasing incentives offered by Russia and Iran. According to the report, Russia captured 22% of China’s oil imports in August 2024, offering prices that were 6%

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Indian spices

Indian Exporters To Get More Russia Agricultural Market Access

Eurasian Economic Union, India, Trade

The Moscow World Food Trade Fair has been held this week, with senior officials from India’s Agricultural and Processed Food Products Export Development Authority (APEDA), part of the Indian Ministry of Commerce, has said that the Russian market offers opportunities for Indian exporters across a wide range of categories, including whole grains, pulses, millets, processed

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Pakistan Farmer

Russia To Assist Pakistan With Agricultural Productivity & Industrial Investments

BRICS, Investment, Shanghai Cooperation Organisation, Trade

Russia’s Deputy Minister of Trade and Industry, Aleksei Gruzdev, has been visiting Islamabad and holding meetings with his counterpart, Rana Tanveer Hussain, Pakistan’s Minister for Industries, Production, and National Food Security. The two officials discussed enhancing bilateral trade, with a focus on improving agricultural outputs. As a result, Russia has agreed to supply the latest

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Ruble Trade Volumes Up As US Dollar And Euro Decline In Russian Exports Trade 

Economy, Finance, Trade

Russia is increasing the volume of payments in its national currency, with the Ruble’s share in its export trade with Europe rising to a historical high of 67% of the total, according to the Russian Central Bank. This indicates that the global structure of renumerations is changing against the backdrop of Western financial sanctions, and

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Russia’s Aircraft Manufacturers To Move Into Aircraft Export Industry

Infrastructure, Investment, Logistics & Transport, Trade

Russia’s Trade and Industry Ministry is making plans to prepare a program to get Russian manufactured aircraft onto the international market, according to Anton Alikhanov, the Trade and Industry Minister. The move comes a Russia has been barred from purchasing the standard Airbus and Boeing aircraft however already had a significant domestic aircraft manufacturing industry.

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Railway

Russian Railways To Build 2,000km Of Extra Track Along The Trans-Siberian and BAM Routes To Asia

Infrastructure, Investment, Logistics & Transport, Trade

The third expansion stage of Trans-Siberian and Baikal-Amur Mainline (BAM) railway has been approved by the Russian government, allowing the Russian Railways to immediately invest in design and survey work on these extensions. This includes labour-intensive work involving the laying of over 2,000 km of new tracks, three new tunnels for the accompanying road highway,

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Russian Bitcoin

Russia Preparing For Crypto Transactions By 2025 In Foreign Trade  

Economy, Finance, Trade

Russia’s financial authorities are moving towards the use of crypto-currency for international trade, with a focus group established to pilot and test international trade settlements using digital currencies. The group reportedly consists of members of the Russian Chamber of Commerce, and the Association of Electronics Developers and Manufacturers, as well as several lenders. The selected

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Russia To Construct Fuel Pipeline In The Republic Of Congo

Africa, Energy, Investment, Trade

Russia has tentatively agreed to the construction of a fuel pipeline in the Republic of Congo, according to a Russian government decree published on Monday (September 16). The pipeline will link the western port of Pointe-Noire to the capital Brazzaville, and will also pass through the town of Loutete, about 155 kilometers (96 miles) west

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Russia Egypt

Russia – Egypt Bilateral Trade Triples To Over US$7 Billion

Africa, BRICS, Eurasian Economic Union, Trade

The Russian Foreign Minister, Sergey Lavrov, and Trade and Industry Minister Anton Alikhanov met with Egypt’s Egyptian Foreign Minister Badr Abdelatty in Moscow on Monday. The meetings were to discuss the situation in Palestine, as well as trade updates and other bilateral relations. Egypt is also a member of BRICS, with the 2024 annual heads

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