Latest updates, insights, and analysis.
The BRICS countries have drafted a special memorandum for partnership on carbon markets and it is expected to be signed before the end of 2024, according to Nikita Kondratyev, the director of multilateral economic cooperation and special projects at Russia’s Economic Development Ministry. He was speaking during a session at the UN COP29 climate conference, […]
India’s Minister of Ports, Shipping and Waterways, Sarbananda Sonowal has said that the Eastern Maritime Corridor (EMC), which connects major logistics hubs in Russia’s Far East with India’s southeastern coast, has become operational. The maritime link is expected to serve as a cheaper and faster alternative for shipping vital commodities, including oil and coal. Sonowal […]
The G20 annual summit has concluded in Rio de Janeiro, Brazil, with Russia attending with Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Türkiye, the United Kingdom, the United States, the African Union and the European Union. The Russian delegation was led by Foreign Minister […]
The Asia-Pacific Economic Cooperation (APEC) annual summit has concluded in Lima, Peru, with Russia as a member along with Australia, Brunei, Canada, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, the United States, Taiwan, Hong Kong, China, Mexico, Papua New Guinea, Chile, Peru, and Vietnam. The Russian delegation was led by Deputy […]
Peru has been hosting the annual Asia-Pacific Economic Cooperation (APEC) summit, with the head of the Russian delegation, Deputy Prime Minister Alexei Overchuk, received by the Peruvian Prime Minister Gustavo Adrianzén Olaya. During their meeting, the sides discussed the current state of trade and economic relations between Russia and Peru as well as their prospects […]
Russia’s new Pacific Railway has opened, with the first test coal-laden train passing along the route. The laying of the new tracks has been fully completed, with the route expected to be fully operational next year. It has been designed exclusively for the transportation of coal from the Elga deposit in Yakutia to Port Elga […]
Russian Deputy Prime Minister Alexander Novak has said that Moscow is considering a new potential route for exporting gas to China capable of supplying up to 35 billion cubic meters a year via Kazakhstan. He was speaking at the ‘Sprouts: Russia and China – Mutually Beneficial Cooperation’ international forum held last week in Kazan. […]
Aiyana Research, a specialist, global energy research house has released a PDF detailing the Russian State-Owned Nuclear Power company, Rosatom, and its investments and completed projects during 2024. This details all Rosatom’s confirmed investments during the period and includes specific data on Nuclear Power Plants (NPP), Floating Nuclear Power Plants, (FNPP) Nuclear-powered Icebreakers and other […]
The Russian Ministry of Industry, Trade, and Energy of the Astrakhan region has stated that regional authorities are working on the issue of determining an operator for a regular ferry service to be launched between the Olya port, in the Astrakhan region and Turkmenbashi port in Turkmenistan. Large Caspian shipping companies are apparently ready to […]
Brazil, which is hosting the upcoming G20 annual meetings in Rio de Janeiro from 18–19 November, has made the BRICS New Development Bank (NDB) a G20 partner for 2024. Several G20 countries could subsequently join the bank, according to Russian Foreign Ministry Ambassador Marat Berdyev. The G20 includes Argentina, Australia, Brazil, Canada, China, France, Germany, […]
A new Belarusian terminal in Murmansk will receive tax benefits and guaranteed rail transportation capacity, according to Andrei Chibis, the Murmansk regional governor. Belarus is a member of the Eurasian Economic Union allowing it free trade access to Russia, and has a new Free Trade Agreement with China. Signed in August this year, this would […]
Russian Railways are to build another railway container terminal on the border with China at the Zabaikalsk / Manzhouli border checkpoint, according to the Russian Far East and Arctic Development Corporation. It will be able to process up to 250,000 digital containers (DFE) per year and will contribute to the increase in cargo flows on […]
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