Latest updates, insights, and analysis.
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 […]
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, […]
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 […]
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 […]
The Russian State Duma has ratified an agreement with the United Arab Emirates to avoid double taxation of income and capital and prevent tax evasion. The government introduced the bill, No. 930586-8, on May 29. This new agreement replaces an earlier 2011 agreement which applied only to the income of state-owned investment funds. An explanatory […]
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 […]
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 […]
Russia’s PhosAgro boosted fertilizer exports 10% year-on-year to 4.3 million tonnes in January-May 2025, CEO Mikhail Rybnikov has said. He was speaking at the St. Petersburg International Economic Forum and stated, “After fully covering the needs of Russian farmers, we increased exports by approximately 10%, or 400,000 tonnes, to 4.3 million tonnes in the first five months of 2025. […]
President Putin has engaged in a lengthy, moderated Q&A session, with Nadim Koteich, of Sky News Arabia the moderator at the SPIEF 2025 event. Questions were direct and included involved answers from Putin about the concept of developing a multipolar global society, in-depth discussions about the Israel-Iran conflict, the Ukraine conflict, and issues pertaining to […]
Vladimir Putin has given the annual plenary speech at the St.Petersburg International Economic Forum (SPIEF). The main basis for his speech was all Russian domestic policy, in which he discussed the Russian Economy, Monetary Policy, Employment, Education, Tax and Funding Policies, Tourism and Recycling, Russia’s Investment Climate, Technological Development and Funding, Digitization, Foreign Trade, Defence […]
A new cryptocurrency token designed to allow cross-border payments to avoid western financial sanctions on Russia has moved some US$9.3billion on a dedicated crypto exchange in just four months since it was launched, according to the Financial Times. Described as the first stablecoin pegged to the Russian ruble, the A7A5 token was officially launched in […]
Russia and Cuba are working on the creation of a logistics center based at Mariel Port, according to Tatyana Mashkova, Director General of the National Committee for Economic Cooperation with Latin American Countries (NC SESLA). Mariel Port is located 45 km from Havana, the capital of Cuba, in a sheltered deep-water bay. It is located […]
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