Trade

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

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President Putin’s Annual Q&A: On European Politicians & His Banking Arrangements

China, Finance, India, Trade

The Russian President, Vladimir Putin gave his annual public Q&A address on Thursday (December 19) with him fielding questions from across Russia, including the general public and journalists. In Part One we focussed on Q&A that were asked relating to the Russian economy, and the development and purpose of the BRICS. In Part Two, we

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Singapore EAEU

Is The Postponed Singapore-Eurasian Economic Union Free Trade Agreement Coming Back To Life?

Asia, BRICS, Eurasian Economic Union, Trade

The proposed Singapore-Eurasian Economic Union Free Trade Agreement is showing signs of reactivating after Kazakhstan’s Senate passed a bill ratifying the deal at a plenary meeting on Thursday (December 19). It was originally signed in Yerevan on October 1, 2019. The agreement, which has been indefinitely postponed by Singapore since early 2022, had been mothballed

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Fertilizer

Russian Fertilizer Production Reaches Record Levels

Agriculture, Exports, Trade

Russian fertilizer production exceeded 63 million tonnes in 2024, rising 6%-7% year-on-year, Russian Fertilizer Producers Association (RAPU) CEO Andrei Guryev has stated, saying “We will produce more than 63 million tonnes of all types of mineral fertilizers in 2024. This is an absolute record not seen since Soviet times. The absolute growth year-on-year will be

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HCMC Port

Russia’s FESCO Shipping Sets Up In Vietnam

Asia, Exports, Imports, Logistics & Transport, Trade

Russia’s FESCO Transportation Group has opened a subsidiary enterprise in Vietnam to develop maritime and intermodal container transportation in Southeast Asian countries, the company has said. DBF Logistics Vietnam will ensure the smooth operation and development of the group’s services in Vietnam, including the regular FESCO Vietnam Direct Line which connects Vladivostok with the ports

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