News

Russia, ASEAN Prepare New Five Year Partnership Agreement

Russian Foreign Minister Sergey Lavrov and the top diplomats of the Association of Southeast Asian Nations (ASEAN) member states have been meeting in the Malaysian capital, Kuala Lumpur. These are part of the annual Russia-ASEAN foreign ministers’ meetings. Lavrov will also be attending the East Asia Summit and the ASEAN Regional Forum for security. ASEAN […]

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Russia and China to Jointly Produce Gas Turbines for Central Asia and the Middle East

China, Foreign Investment, Trade

Russia’s United Engine Corporation (UEC) and China’s New JCM Group from Chengdu have signed an agreement to cooperate on the production, delivery, and servicing of gas turbine equipment, UEC stated on Tuesday (July 8). They said that “The Russian state corporation Rostec’s United Engine Corporation and Chinese company New JCM Group Company Ltd. have signed

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Russian, Chinese Companies To Joint Venture On Manufacturing Precision Wire

China, Foreign Investment, Russian Market, Trade

Russian and Chinese investors plan to set up a Joint Venture in the Titanium Valley Special Economic Zone (SEZ) to manufacture precision wire for electrolysis equipment, according to Sverdlovsk Region Deputy Governor Vasily Kozlov. He did not name the participants but stated “One of the residents of the Titanium Valley SEZ, in cooperation with a

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Crimea Mulls Restoration Of Commercial Flights Suspended Since 2022

Infrastructure, Investment, Logistics & Transport, Russian Market

The head of the Republic of Crimea, Sergei Aksyonov, has met with the director of the Federal Air Transport Agency (Rosaviatsia), Dmitry Yadrov, to discuss the prospects of resuming flights to the peninsula. He stated that “We discussed the future restoration of the aviation link and a number of issues concerning the material and technical

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Russia Eyes Domestic Produced Aircraft Exports To Saudi Arabia

Exports, Infrastructure, Logistics & Transport, Middle East

Saudi Arabia is being considered as one of the potential export markets for Russian aviation industry products, according to Russian Industry and Trade Minister Anton Alikhanov. Cooperation in the aviation industry was discussed during a meeting this week with Saudi Arabian Industry and Mineral Resources Minister Bandar al-Khorayef. Alikhanov said “For now, we are primarily

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Russia Asks Saudi Arabia To Join New Independent Oil & Gas Equipment Standards Institute

Energy, Middle East, Regulatory

Russia wants Saudi companies to participate in developing standards for oil and gas equipment that are independent of the West, Industry and Trade Minister Anton Alikhanov has said. He was speaking at the Industrial Dialog: Russia – Saudi Arabia business forum held as part of the Innoprom 2025 exhibition currently taking place in Ekaterinburg. Alikhanov

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Russia Plans To Recruit 1 Million Indian Workers During Second Half Of 2025

Imports, India, Infrastructure, Investment, Trade

Update: Following Ural Chamber of Commerce and Industry (UCCI) President Andrey Besedin remarks concerning the immigration of up to 1 million Indian workers to Russia this year, Russia’s Labor Ministry has denied that such plans are in place, saying that the Federal government’s quotas for foreign workers have already been set. In 2025, just under

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St. Petersburg Exchange To Close First China Timber Export Contract

Agriculture, China, Exports, Finance, Russian Market

The St. Petersburg Exchange will complete the first timber export deal with China at the end of his month, according to Alexei Ryzhikov, the Managing Director of the exchange. He stated that “The Kazakhstan timber export project which we announced last year, is moving along nicely, and has had 44% growth this year. We have

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Russia, Saudi Arabia Discuss Developing Shipyards In The Middle East

Exports, Investment, Logistics & Transport, Middle East

Russia and Saudi Arabia are discussing a new partnership in shipbuilding, which could involve building assembly facilities with the involvement of Russian companies in Saudi Arabia, according to Anton Alikhanov, the Russian Industry and Trade Minister. He was speaking at the annual Innoprom industrial exhibition, where he conducted talks with Bandar al-Khorayef, the Saudi Minister

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Russia To Export Duck Products To Cameroon, Central African Republic

Africa, Agriculture, Exports

The Damate Group, a leading Russian agri business, has obtained permission to export duck products to Cameroon and the Central African Republic, the company has stated, saying that Damate will ship poultry from its complex in the Rostov Region. Daria Laschenko, Damate’s Sales Director, said that “These new markets have substantial potential for consuming our

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