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New Far East Container Port At Posyet To Service The Primorsky International Transport Corridor  

China, Exports, Infrastructure, Logistics & Transport

A new terminal for transhipment of various cargoes, including containers and grain, will be built in the port of Posyet in Primorsky Krai. Russia’s VTB bank are to finance the project, with a total investment of about ₽10 billion (US$106 million). The corresponding agreement was signed during the recent Eastern Economic Forum in Vladivostok. VTB […]

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EDB Bank

Uzbekistan To Join Eurasian Development Bank In Boost To EAEU

Eurasian Economic Union, Finance, Infrastructure, Investment, Trade

Uzbekistan is completing the procedure to join the Eurasian Development Bank (EDB), Prime Minister Abdulla Aripov said at a meeting of the Eurasian Intergovernmental Council in Yerevan. The EDB is an international development bank with charter capital of US$7 billion. Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Tajikistan are the bank’s shareholders. Uzbekistan’s decision to participate

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Flying fish

Container Ship Traverses St. Petersburg – Shanghai Via Northern Sea Route In Record Time

China, Exports, Infrastructure, Logistics & Transport, Trade

The Panamax container ship Flying Fish 1 has just completed its journey along the Northern Sea Route, navigating its way from St. Petersburg to Shanghai in 21 days at an average speed of 16 knots or about 30 kilometers per hour. What makes this voyage significant for the global shipping world and supply chain logistics

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Russia, China Discuss Mineral Drilling Project In Antarctica

China, Infrastructure, Miscellaneous

It doesn’t get much further into the Global South than Antarctica, and Russia and China are in talks over joint drilling of the Gamburtsev Mountain Range in the middle of the continent, the Russian Federal Agency for Mineral Resources (Rosnedra) has stated. Last month, the Chinese cities of Beijing and Changchun hosted international conferences on

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Proposed New Kazakh-Russia-Mongolia Highway Would Connect Astana With Ulaan Baatar

Eurasian Economic Union, Infrastructure, Logistics & Transport

Kazakhstan and Mongolia plan to build a new highway between the two countries through Russia, pending approval from the Russian authorities, according to the Kazakh Transport Ministry. The route will connect the Kazakh cities of Ust-Kamenogorsk and Ridder, as well as Tuekta in Russia’s  Altai Republic, leading to the Mongolian border at Khyagt and the

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Iran Russia

Russia – Iran Bilateral 2024 Relations: Update 

Eurasian Economic Union, Shanghai Cooperation Organisation, Trade

Russia’s Prime Minister, Mikhail Mishustin met with Iranian President Masoud Pezeshkian and Vice President Mohammad Reza Aref in Tehran on September 30 (Monday), with the discussions coming as fears grow of a Middle-East war.  However, the talks, at least officially, focused on bilateral cooperation between the two nations, the expansion and diversification of trade, as

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Russia Uzbek Flags

Russia – Uzbekistan 2024 Bilateral Relations: Update 

Eurasian Economic Union, Security, Trade

Russia’s Foreign Minister Sergey Lavrov has been in New York attending the annual UN General Assembly. During the UN events, several other bilateral meetings were held as numerous countries wish to discuss current affairs with Moscow. Lavrov subsequently met with Bakhtiyor Saidov, the Foreign Minister of Uzbekistan. The ministers discussed current issues on the agenda

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Russia, China, Iran and Pakistan Discuss Afghanistan Security and Reconstruction 

China, Security, Shanghai Cooperation Organisation

Russia’s Foreign Minister Sergey Lavrov has been in New York attending the annual UN General Assembly. Russia, China, Iran and Pakistan are full members of the Shanghai Cooperation Organization, and Afghanistan is an observer country. Afghan representatives did not attend the meeting having been denied US Visas because some members of the government are on

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Russia – Morocco 2024 Bilateral Relations: Update

Africa, Exports, Trade

Russia’s Foreign Minister Sergey Lavrov has been in New York attending the annual UN General Assembly. During the UN events, several other bilateral meetings were held as numerous countries wish to discuss current affairs with Moscow. Lavrov subsequently met with Nasser Bourita, Morocco’s Minister of Foreign Affairs and African Cooperation. The ministers focused on priorities

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