News

Russian Banks Instructed To Permit Client Use of Digital Rubles From July 1, 2025

Economy, Finance, Infrastructure, Trade

The Digital Ruble will be in use across Russia in less than a years’ time, as the Central Bank has issued instructions to Russia’s systemically important lending institutions to allow clients the option to conduct transactions in Digital Rubles by July 1, 2025. The regulator has sent the corresponding proposals on amending the legislation to […]

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Russia Begins Paying China Traders In Hong Kong Using Couriered Gold

China, Economy, Finance, Trade

Some Russian businesses have begun using gold to pay Chinese suppliers to get around US sanctions and threats of sanctions against Chinese banks affecting Russia-China bank transfers. The alternative solution means that gold is purchased in Russia, transported by private courier to Hong Kong, where it is sold, and the cash is deposited into the

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Colombo Port City

Sri Lanka Added To Russian Maritime Service Between Shanghai and St. Petersburg

Infrastructure, Logistics & Transport, Trade

Russia’s Transit Transport Group, (TTG) one of Russia’s largest shipping companies has expanded its ‘Fetled Express’ marine service from Shanghai to St. Petersburg, adding the Sri Lankan port of Colombo to the route. The service directly connects China, Vietnam, Sri Lanka, Turkey, and Russia and is part of the Asia-Russia intermodal transportation chain. The full

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Khabharovsk City

New China Border Checkpoint At Big Ussuri Island Spurs Additional Investment Projects 

China, Infrastructure, Investment, Logistics & Transport, Trade

The redevelopment of Big Ussuri Island, including the opening of a new Russia-China border crossing, is stimulating billions of rubles of investment into the area, according to the Khabarovsk Minister of Economic Development, Viktor Kalashnikov.    Bolshoi (Big) Ussuri Island is on the Amur River, along the border between Russia and China. The Russian part of

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Russian Freight

First Freight Train Route from Ulyanovsk to Azerbaijan Since USSR Era To Begin In September

China, Infrastructure, Investment, Trade

For the first time a goods train will deliver products directly from Ulyanovsk to Baku and then to Iran’s Astara in less than a month, the head of the region Alexey Russkikh said. Ulyanovsk, the administrative centre of the Ulyanovsk region, located on the banks of the Volga and Sviyaga rivers, is a major diversified

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US Sanctions Impacting Russia-China Bilateral Trade – Problems & Development Analysis

China, Economy, Infrastructure, Trade

Russia’s bilateral trade growth with China is being subjected to the commercial brakes being applied to it by the United States sanctions policy, a scenario both Moscow and Beijing detest, and vehemently protest, but at present are being forced into adhering to some restrictions. The main problems come from sanctions, or the threat of them,

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New Russia – Mongolia Border Crossing and Special Economic Zone To Open In 2025

China, Eurasian Economic Union, Infrastructure, Logistics & Transport

Another new trade corridor between Russia and Asia is set to open in 2025 when the Khandagayty checkpoint on the border with Mongolia is completed in Tuva. The new facility includes a Special Economic Zone, (SEZ) which provides a bonded area for the processing and manufacturing of goods. This has tax saving advantages for finished

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Railway

New Russia-China Border Crossing Railway Bridge Proposed

China, Infrastructure, Investment, Logistics & Transport, Trade

A new cross-border railway bridge between the Russia’s Amur Region and China, at the Jalinda – Mohe border, is planned to be built as part of a public-private partnership scheme. Pavel Puzanov, Deputy Chairman of the Amur regional government, has stated that this new transport corridor will provide an alternative option for border crossings, relieve

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Omsk

Omsk To Be Developed As A Transmodal Logistics Centre For China And Kazakhstan

China, Eurasian Economic Union, Infrastructure, Trade

The Russian city of Omsk is to be directed as a key transmodal logistics hub servicing trade with China and Kazakhstan, according to development plans and investments of ₽30 billion (US$340 million) outlined by Vitaly Khotsenko, the regional governor.  Omsk will focus its regional trade on organising cargo transportation with China, Kazakhstan and other Asian

Omsk To Be Developed As A Transmodal Logistics Centre For China And Kazakhstan Read More »

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