News

Latest updates, insights, and analysis.

August 25, 2024

Russian Beer, Wine Consumption Up, Vodka, Tobacco Down 

Russian consumer habits are changing, of note to the friendly countries that Russia continues to trade with. In terms of the adult consumer sector, beer accounted just over 50% of Russia’s total alcohol sales since the start of 2024. Beer is now the most popular alcoholic beverage among Russians, accounting for 51% of total alcohol […]

August 25, 2024

South Africa To Export More Wines To Russia

South Africa is working with partners to increase exports of wine and fruits to new markets in Russia, according to Pretoria’s embassy in Moscow. The move is part of the African nation’s efforts to expand its market reach beyond Moscow and St. Petersburg, which are its current traditional trade destinations, Cecile Theresa Heppes, an adviser […]

August 24, 2024

St. Petersburg Port To Focus On Latin American & East African Trade 

The Port of St. Petersburg is expanding export support measures and is looking to develop subsidised container shipments to Brazil, Venezuela, Tanzania and Cuba, according to Kirill Soloveitchik, the city chairman of the Committee on Industrial Policy, Innovation and Trade. It is planned that at the first stage, shipments will mainly be carried out in […]

August 23, 2024

China Suppliers Sending Russian Market Goods Via Third Party Countries

Some Chinese supplies to Russia are switching to third-party, rather than direct routes for sending goods to Russia due to difficulties with sanctions and logistics. Western governments have issued ‘stop’ notices on numerous products to Russia, including electronic and so-called ‘dual-use’ items, which if ignored can result in sanctions being imposed on Chinese suppliers themselves […]

August 22, 2024

Russia’s Trade With BRICS Countries Increases 6% In 5M 2024

The BRICS Partnership for a New Industrial Revolution is Underway Anton Alikhanov, Russia’s Trade & Industry Minister, has been attending the 8th meeting of the BRICS Industrial Ministers in Nizhny Novgorod, and has said that during the first five months of 2024, Russia’s trade turnover with the complete BRICS membership increased by 6.3%. This includes […]

August 21, 2024

Russia To Prioritise Development Of Five Arctic Ports & Three Connecting Rivers 

Russian presidential aide Nikolai Patrushev, who oversees the country’s national maritime policy, has stated that the Arctic ports of Murmansk, Arkhangelsk, Dikson, Tiksi and Pevek are the priority developments to allow the Northern Sea Route (NSR) to become one of Russia’s main transport arteries. This needs to be carried out in conjunction with the development […]

August 20, 2024

Russian Residence Visas Available To Foreign Nationals With Shared Russian Values

Foreign nationals who share Russia’s traditional values, and disagree with the ‘neoliberal’ principles imposed by their own governments can now apply for Russian residency permits, according to a decree signed on Monday (August 19) by President Vladimir Putin. Unofficial estimates suggest that up to 80,000 foreign individuals – and their families – would take up […]

August 19, 2024

Russia – Azerbaijan 2024 Bilateral Trade & Development 

Russian President Vladimir Putin has been visiting Azerbaijan on August 18-19, holding negotiations and discussions with Azerbaijani President, Ilham Aliyev. The talks are designed to address the further development of Russian-Azerbaijani relations of strategic partnership and alliance, as well as current international and regional issues” according to a Kremlin press release. Plans are in place […]

August 18, 2024

BRICS Discussing An Aerospace Engine Consortium

Anton Alikhanov, Russia’s Trade & Industry Minister, has stated that the BRICS nations would create a consortium for the construction of aircraft engines, after a meeting between the BRICS countries’ industry ministers. We stated that “We hope that our proposals on creating a consortium in power engineering, in particular, aero engine construction, will be supported. […]

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