News

Latest updates, insights, and analysis.

July 21, 2025

Russia Becomes Biggest Buyer of Turkish Salmon

Türkiye’s aquaculture exports reached US$217 million in H1 2025, with Russia and Belarus emerging as the leading buyers, according to data compiled from the Aegean Fisheries and Animal Products Exporters’ Association. Turkish salmon emerged as the fastest-growing product in Türkiye’s aquaculture sector. Russia previously sourced its salmon from European nations such as Norway, but sanctions […]

July 20, 2025

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

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 […]

July 18, 2025

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

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 […]

July 18, 2025

Japan ‘Reinterprets’ Sanctions On Russia

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 […]

July 17, 2025

Russia To Build More Access Roads To Kazakhstan, Mongolia, China & North Korea

The Russian President, Vladimir Putin has said that Russia is considering the issues of building access roads to the state border with Kazakhstan, Mongolia, China and North Korea. He was speaking at the opening ceremony of the M-12 Vostok (East) Highway. Putin stated “We are going to continue proactively develop the Vostok route. It should […]

July 17, 2025

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

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 […]

July 17, 2025

Tatarstan Connects To Asia Supply Chains via New Vladivostok Rail Service

Russia’s FESCO Transport Group have organised the dispatch of the first container train on the Vladivostok Nizhnekamsk (Tatarstan) route with imported goods for businesses in the Kama Economic Zone. The Kama Economic Zone is a key component of Tatarstan’s economic strategy, focusing on industrial and production activities within the region. It’s a designated area aimed […]

July 17, 2025

Lukoil Researching Kandym Oil and Gas Deposits in Uzbekistan

Russia’s Lukoil Uzbekistan Operating Company LLC has announced a tender to complete research work on the topic of features of the geological structure and oil and gas potential of the Cretaceous deposits at the Kandym uplift of the Chardzhou step in Uzbekistan. The tender documentation indicates that the work will be conducted in six stages […]

July 16, 2025

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

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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