News

Russian Food Exports To India Increase Over 100% in 2024

Agriculture, BRICS, Exports, India, Trade

Food exports from Russia to India increased by over 100% during the first 11 months of 2024, according to from the Russian Agroexport federal agency. The top five agricultural products exported to India were sunflower oil, peas, soybean oil, dried chickpeas, and oats. The value was estimated at being worth over US$2.3 billion – more […]

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Russia, Pakistan To Launch Direct Rail Services

Asia, Exports, Imports, Infrastructure, Logistics & Transport, Trade

Russia and Pakistan will launch the first direct freight train between the two countries next year as they seek to boost mutual trade, according to Pakistani Energy Minister Awais Leghari. Moscow and Islamabad are set to launch trial runs on the rail link to transport goods from Russia to Pakistan in March 2025, he said.

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Russia, Belarus, To Jointly Produce Electric Vehicles

Eurasian Economic Union, Imports, Investment, Russia's Belt & Road, Trade

Belarus and Russia are working on creating a joint venture to produce electric vehicles, according to the Belarusian National Academy of Science (NAS), who stated “From December 22 to 25, a delegation from the Belarusian NAS, led by Academician and Secretary of the Department of Physical and Technical Sciences Sergei Shcherbakov, is visiting organizations of

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Russia’s Asian Year – Achievements Made During The Turn To The East

Asia, BRICS, China, Economy, India

By Kirill Babaev, Director of the Russian Institute of China and Contemporary Asia, of the Russian Academy of Science The past year has become very successful for the growing trend of a “Pivot to the East” in Russian foreign policy. It seems that Russia this year has finally fully realized that the Asian region can

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Nine New BRICS Partner Countries From January 1, Four Pending, and 24 Applications

Africa, Asia, BRICS, Latin America, Middle East, Russia's Belt & Road, Trade

Nine countries will officially join BRICS as partner states in January, Russian presidential aide Yuri Ushakov has said, adding that the economic group is open to like-minded partners. The new “Partner Country” status was approved at the BRICS summit in Kazan in October, after more than 30 countries applied to join the organization. Partner country

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Eurasian Economic Union 2024 GDP Growth Expected To Be 4.2%

Economy, Eurasian Economic Union, Trade

The Eurasian Economic Commission, the secretariat of the Eurasian Economic Union (EAEU), expects the 2024 EAEU GDP growth to be 4.1%, according to the EEC’s press service. The statement read “A positive trend in the growth of gross domestic product continued to be observed in all countries of the Eurasian Economic Union in 9M 2024.

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Rosatom Renewables Signs Wind Farm Investment Deal With Kyrgyzstan

Energy, Eurasian Economic Union, Investment, Russia's Belt & Road, Trade

Russia’s Rosatom Renewable Energy division, formerly known as NovaWind, has signed an investment agreement with Kyrgyzstan to build a 100 MW wind farm in the Issyk-Kul region, the company has said in a press release. Design and survey work and equipment contracting is scheduled to begin in 2025. Rosatom said that this is the first

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Chinese Imports Of Russian Plastics Increase 7.44% In November: Implications For China EV Production

China, Exports, Trade

China increased imports of Russian plastics and plastic products 7.44% month-on-month in monetary terms in November to US$42.61 million, according to statistics from China’s General Administration of Customs. Imports have fallen 3.3% year-on-year, however the recent upsurge suggests that China’s manufacturing sector, which has been in the doldrums, could be moving into greater productivity. Polyethylene

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New Russia’s Pivot To Asia “Russia’s Perceptions Of Europe 2025” Guide Out Now

Miscellaneous

Russia’s Pivot To Asia has released its first 2025 guide, titled “Russia’s Perceptions Of Europe 2025”. It is available for complimentary download (basic registration is required) from the RPA website under the 2025 Guides button. The Guide gives a unique overview of Europe from the immediate Russian influential perspective, and details Russian trade, investment and

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Russia, Azerbaijan Sign INSTC Cargo Transit Agreement

Commonwealth of Independent States, Infrastructure, Logistics & Transport, Trade

Russia and Azerbaijan have signed a cargo transit cooperation agreement concerning mutual use of the International North-South Transport Corridor, according to Rashad Nabiyev, Azerbaijan’s Digital Development and Transport Minister. He stated on Saturday (December 21) that “We met with Russian Deputy Prime Minister Vitaly Savelyev and Transport Minister Roman Starovoit during a visit to Moscow.

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RUSSIA'S PIVOT TO ASIA

«Поворот России в Азию»