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Latest updates, insights, and analysis.

Russia, Belarus, and Kazakhstan Take Advantage of New EAEU Funding to Establish New Railway & Agricultural Engineering Ventures
June 28, 2025

Russia, Belarus, and Kazakhstan Take Advantage of New EAEU Funding to Establish New Railway & Agricultural Engineering Ventures

Russia, Belarus, and Kazakhstan have launched two pilot projects in the railway and agricultural engineering sectors with the help of a new Eurasian Economic Union (EAEU) funding mechanism, according to Gohar Barseghyan, the Eurasian Economic Commission (EEC) Industry and Agroindustry Minister. He was speaking at the 2025 Eurasian Economic Forum in Minsk. Barseghyan said that “The EAEU […]

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India Bought 80% Of Russia’s Seaborne Urals Crude During January-May 2025
June 28, 2025

India Bought 80% Of Russia’s Seaborne Urals Crude During January-May 2025

India has purchased 80% of Russia’s seaborne Urals crude exports this year, with two private refineries increasingly buying more of this variety, according to data analytics provider Kpler.  Indian conglomerates Reliance Industries and Nayara Energy have bought 45% of the Urals crude imported into the country, with India purchasing 231 million barrels of Urals crude this […]

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Power of Siberia 2 Gets a Chinese Political Boost After Strait of Hormuz Scare
June 28, 2025

Power of Siberia 2 Gets a Chinese Political Boost After Strait of Hormuz Scare

China’s interest in the construction of Russia’s proposed Power of Siberia 2 pipeline, which would deliver gas via Mongolia, has intensified following the outbreak of the conflict between Iran and Israel, according to sources in Beijing. The planned pipeline would allow up to 50 billion cubic meters (bcm) of natural gas to be delivered annually […]

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Russia Making Gains in Meat Exports to China as Quality and Price Prove Competitive
June 28, 2025

Russia Making Gains in Meat Exports to China as Quality and Price Prove Competitive

Chinese meat importers have begun favoring Russian products, considering them more cost-effective and of higher quality than competitors, according to the Russian Agroexport federal center, in discussions during the Russian export business mission in Chengdu, China. Yongli Sun, of Beijing Hopewise International Trading, began importing Russian meat in 2024. He said that initial meetings with Russian exporters took place in April last year, […]

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Vladivostok Marine Fishing Port Begins Service To Import Fish From China’s Qingdao
June 28, 2025

Vladivostok Marine Fishing Port Begins Service To Import Fish From China’s Qingdao

Vladivostok Marine Fishing Port (Vladmorrybport), a stevedoring company at Vladivostok, in the Russian Far East, has begun servicing a regular container service operated by FAST Shipping Line with the Chinese port of Qingdao, the company has said, stating, “Vladmorrybport received the first vessel, Gang Tong 19, on June 17. It is planned that the line will […]

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Colombia Joins BRICS New Development Bank
June 26, 2025

Colombia Joins BRICS New Development Bank

Colombia has confirmed it has joined the New Development Bank (NDB), the financial investment arm of the BRICS group. Colombia had requested membership in the NDB in May of this year, amid tensions with the United States over President Trump’s tariff war and Colombia’s joining China’s Belt and Road Initiative. Colombia’s Minister of Foreign Affairs, Laura Sarabia, said, […]

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Russia-Turkmenistan Bilateral Relations: 2025 Update
June 26, 2025

Russia-Turkmenistan Bilateral Relations: 2025 Update

The Russian Foreign Minister, Sergey Lavrov, has been on an official visit to Ashgabat, Turkmenistan, where he was received by President of Turkmenistan Serdar Berdimuhamedov and held talks with Deputy Prime Minister and Minister of Foreign Affairs of Turkmenistan Rashid Meredov. They discussed key issues of Russia-Turkmenistan relations and reaffirmed their intent to implement joint […]

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Russia To Provide Diesel Generators For Egypt’s El Dabaa Nuclear Power Plant
June 26, 2025

Russia To Provide Diesel Generators For Egypt’s El Dabaa Nuclear Power Plant

Russia’s TMH Energy Solutions, or TMH ES, part of Transmashholding, will supply a batch of diesel generators to the El Dabaa Nuclear Power Plant, currently under construction in Egypt, according to CEO Andrei Vasiliev. He said that “diesel generating backup is an important part of ensuring any nuclear power plant can be used safely, and El Dabaa is no exception. We […]

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Rollout of Digital Ruble Pushed Back to September 2026
June 26, 2025

Rollout of Digital Ruble Pushed Back to September 2026

The Central Bank of Russia has proposed to the Russian State Duma that the largest “systemically important” Russian banks must provide their clients with the option to use digital rubles from September 1, 2026. This is a pushback from the previously agreed-upon deadline of July 1 this year. The bank has instructed Russian retail companies with annual revenues exceeding […]

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Russian Rapeseed Oils Conquer 50% of China’s Total Market as Agricultural Exports Boom
June 26, 2025

Russian Rapeseed Oils Conquer 50% of China’s Total Market as Agricultural Exports Boom

Russian rapeseed oil has gained increasing popularity in the Chinese market and now accounts for over half of China’s imports of this product, according to Dmitry Kurbatov, Director of International Trade at Forward East Group. He was speaking at a Russian export business mission in Chengdu, China. Kurbatov said, “Chengdu is the global capital of […]

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