Latest updates, insights, and analysis.
PJSC Whoosh Holding, the holding company of Russian electric scooter and bike sharing service operator Whoosh, plans to soon enter the markets of several cities in Latin America, including Sao Paolo, Brazil, Dmitry Chuiko, the company’s CEO has said. Chuiko announced on Alexei Linetsky’s YouTube channel “We are launching in Sao Paolo literally within a […]
The Eurasian Economic Commission (EEC), the regulatory authority of the Eurasian Economic Union (EAEU) and the government of Tunisia have set up a working group to explore the feasibility of concluding a free trade agreement, the EEC trade department reported following a meeting between EEC Trade Minister Andrei Slepnev and Tunisian Trade and Export Development […]
A Chinese automaker is considering Novosibirsk and Irkutsk regions as possible locations for a plant, the chairman of the Russian-Asian Union of Industrialists and Entrepreneurs (RAUIE), Vitaly Mankevich has stated. He was speaking at the GlobalSibExpo-China 2024 Automobile Transport, Logistics and Engineering Forum in Novosibirsk. Mankevich said that “The construction of a Chinese automobile company’s […]
Rosatom has signed a contract with Ethiopia’s Ministry of Innovation and Technology to conduct a feasibility study for the construction of a Nuclear Science and Technology Center (NSTC) in the country. Rosatom is the Russian state nuclear energy company. The initial work will be conducted by a Rosatom research subsidiary. Ethiopia is a member of […]
Construction of a Russian Orthodox Church will begin in Yangon, the former capital city of Myanmar, from early 2025, according to Nikolay Chashin, the Patriarchal Exarch of Southeast Asia and Metropolitan of Singapore and Southeast Asia Sergius has said. Myanmar is a predominantly Buddhist country. Father Chashin said “Last year I was fortunate enough to […]
The Eurasian Economic Union (EAEU) is expected to sign an interim free trade agreement with Mongolia before the end of this year, according to Alexei Overchuk, the Russian Deputy Prime Minister. He stated yesterday (November 26) that “We’re approaching the signing of an interim free trade zone agreement with Mongolia, we’re expecting it.” Numerous infrastructure […]
The Indian Defence Minister, Rajnath Singh, is to visit Russia’s Kaliningrad shipyard next month where the Indian Navy Stealth Frigate, INS Tushil is currently being built. The three-day visit will start on December 8, and will include talks with Russian Defence Minister, Andrey Belousov in Moscow. Singh will then travel to the Yantar shipyard located […]
Damate Group, Russia’s leading turkey meat producer, exported 8,300 tonnes of turkey and duck meat to China in the nine months between January and September 2024, double the volume exported in the same period last year, the company has said. Damate said that their turkey meat exports to China stood at 8,000 tonnes, of which […]
Sanctions, and the subsequent need to develop eastern and southern supply chains to and from Russia, have led to a significant shift in Eurasian supply chains to and from Russia. In this article we explain these new emerging routes and their current development. The North-South Transport Corridor The North-South Transport Corridor (NSTC, also referred to […]
Russia intends to develop bilateral cooperation with Afghanistan in various fields, Security Council Secretary Sergey Shoigu has said, in meetings with Afghanistan’s Deputy Prime Minister Mohammed Abdul Kabir. Shoigu paid a visit to Afghanistan on Monday, (November 25) where he met with the country’s top leadership. During four rounds of talks, he discussed economic, transportation […]
The Asian Development Bank (ADB) and CJSC Azerbaijan Railways have signed a loan agreement for US$131.5 million to complete the reconstruction of a 166-kilometer section of a double-track railway, including civil structures and railway crossings on the Sumgait-Yalama route, to the Azeri border with Russia. This loan is additional financing for the Railway Sector Development […]
Russia has increased its exports purchases of buckwheat to China 1.8-fold year-on-year to US$75.6 million in the first 10 months of the year from US$40.9 million in the same period last year, China’s General Administration of Customs (GAC) said. Russia has retained to the position as the leading supplier of buckwheat to the Chinese market. […]
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