Trade

EAEU

Eurasian Development Bank: The Eurasian Economic Union Had Record GDP Growth In 2024

Economy, Eurasian Economic Union, Trade

Russia, and its neighbouring states within the Eurasian Economic Union (EAEU) have undergone an economic boom during 2024, according to a report by the Eurasian Development Bank (EDB).  The EAEU includes Russia as well as Armenia, Belarus, Kazakhstan, & Kyrgyzstan. It fills a geographic space between Eastern Europe and Western China.  Their collective GDP growth […]

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Russia’s Ozon To Import Indian Workers To Offset Russian Labour Shortages

BRICS, India, Logistics & Transport, Russian Market, Trade

Russian e-commerce giant Ozon is looking at recruiting thousands of skilled workers from India, according to reports from Russian media. The move highlights Russia’s increasing focus on sourcing labour resources from friendly nations as it grapples with a shortage of workers. Ozon’s legal entity, Internet Solutions LLC, is actively working with Indian recruitment agencies to

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Russian Cybersecurity Firm Enters Egyptian & MENA Markets 

Africa, BRICS, Investment, Security, Trade

PJSC Positive Group, the parent company of Russian cybersecurity group Positive Technologies, has signed a distribution agreement with Mideast Communication Systems (MCS), a Cairo-based provider of cybersecurity solutions in Egypt and other countries in the Middle East and Africa. The partnership will focus on sharing cybersecurity expertise and jointly promoting products and services in the

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Brazil

Rosatom Anticipating Brazilian Nuclear Cooperation Agreement  

BRICS, Energy, Investment, Latin America, Trade

Brazil expects to reach an agreement with Russia’s Rosatom on cooperation in the Brazilian nuclear sector by the end of 2025, according to Alexandre Silveira, the Brazilian Mines and Energy Minister. The two sides have begun negotiations on developing a partnership, utilizing Russian experience and seeking investment for exploring Brazil’s mineral potential. Brazil expects to

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EDB

Eurasian Development Bank To Provide Islamic Financing From 2025

Asia, Economy, Finance, Investment, Trade

The Eurasian Development Bank (EDB) aims to introduce Islamic financing instruments by mid-2025, according to Ruslan Dalenov, the Deputy Chairman of the Management Board. The EDB is exploring new avenues to expand its product portfolio, with Islamic financing emerging as a key focus, Dalenov said. The bank believes that implementing these tools could attract up

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Direct Russia-Pakistan Rail Services As Part Of INSTC Network

Asia, Infrastructure, Logistics & Transport, Trade

Russia and Pakistan are set to be linked by a new freight train line as bilateral talks expand, Islamabad’s Energy Minister Awais Ahmed Khan Leghari has stated in an interview, saying that  “It is planned to launch the first train along the North-South logistics route to transport products from Russia to Pakistan as early as

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Putin Speech

Putin’s Annual “Russia Calling” Speech: The Russian Economy In 2024 – Analysis

Economy, Finance, Infrastructure, Investment, Trade

A decade-long Russian economic bull run is now underway The Russian President, Vladimir Putin, has taken part in the annual “Russia Calling!” event, which includes an annual address by the President as well as a public Q&A session. Here we analyse what Putin had to say, in a speech that almost exclusively focused on the

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PIA_1

Direct Russia-Pakistan Air Services Being Discussed

Asia, Infrastructure, Logistics & Transport, Trade

Russia and Pakistan are discussing a regular air service between the two countries, and intend to increase the frequency of flights and broaden their geographic reach, according to Sergey Zverev, the Russian Deputy Minister of Transport. That will introduce a direct air service between Moscow and Islamabad. The statement was made after the Russia-Pakistan intergovernmental

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Indonesia

Major Russian IT Developer Opening In Indonesia

BRICS, Eurasian Economic Union, Exports, Investment, Trade

Russia’s Softline, a prominent, Moscow based, publicly traded IT developer, is opening a new office in Indonesia to promote its products and services, in addition to providing vendor solutions. It sees its expert knowledge as a good match for the development potential in Indonesia, a BRICS partner nation. Indonesia is also shortly to sign a

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Russia To Increase Involvement and Invest In Pakistan’s Oil Industry

Asia, Energy, Exports, Shanghai Cooperation Organisation, Trade

Russia’s Energy Minister Sergey Tsivilyov, has stated that Russia is exploring participation in the upgrade of oil refineries in Pakistan. He was speaking after the meeting of the intergovernmental commission on trade and economic cooperation of Russia and Pakistan, and said that “In the energy sphere, we are already supplying oil to Pakistan. We also

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