Trade

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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Chelyabinsk

Chelyabinsk Ships First Steel to Iraq for First Time in Three Years

Exports, Infrastructure, Middle East, Trade

Steelmakers in Russia’s Chelyabinsk Region have shipped product to Iraq in the first half of 2025 for the first time in almost three years, according to the Chelyabinsk regional customs service. Andrey Gursky, acting head of the Chelyabinsk Customs Office, stated, “The Chelyabinsk Customs Office pays special attention to our metallurgical enterprises and actively promotes

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EU CIS

Commonwealth Of Independent States GDP To Equal European Union’s By 2050 

Commonwealth of Independent States, Economy, Finance, Infrastructure, Trade

Based on current GDP growth trends, the Russian-backed Commonwealth of Independent States is likely to reach GDP economic parity with the European Union and may even overtake it, by 2050. The current GDP (PPP) of the European Union is €25.09 trillion, with a current average growth rate, according to the World Bank, of 1.2%. The

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Japan Image

Japan ‘Reinterprets’ Sanctions On Russia

Asia, Energy, Exports, Imports, Trade

Japan has begun ‘reinterpreting’ its sanctions on purchases from Russia, with a variety of products being reassessed and permitted to be traded. The reasons range from waivers due to Japanese strategic requirements and its domestic needs, to re-evaluating sanctions terminology and a prior over-strict approach to which products were included. Japanese Government Imports Oil From

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Nigeria

Russia and Nigeria to Cooperate in OPEC & OPEC+ Productivity, Conduct More Energy Field Research

Africa, Energy, Infrastructure, Investment, Trade

Russia’s Deputy Prime Minister Alexander Novak and Nigeria’s Finance Minister and Coordinating Minister for Economic Affairs Olawale Edun have discussed their respective cooperation in the global energy sector, including coordination within the Gas Exporting Countries Forum (GECF) and OPEC+. Russia is one of the largest participants in OPEC+ and the second-largest oil exporter after Saudi

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Lavrov SCO

Russian Foreign Ministerial Statements and Q&A At The Shanghai Cooperation Organisation: Content & Analysis  

Asia, China, Economy, Finance, India, Infrastructure, Middle East, Security, Shanghai Cooperation Organisation, Trade

The Russian Foreign Minister, Sergey Lavrov, has summarised his meetings with the Foreign Ministers of the Shanghai Cooperation Organisation (SCO) which has been held in Tianjin, China. These are important geopolitical discussions, with the SCO including full members Belarus, China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan and Uzbekistan. Afghanistan and Mongolia are observers, while

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