News

Artyom To Host The Largest Dry Port In The Far East, Targeting China Trade

Russia’s FinInvest, which recently became a resident of the Mikhailovsky Priority Development Territory (ASEZ), will build the largest dry port in the Far East, which will be able to handle up to 1 million containers per year. The ASEZ includes land plots totaling more than 822 hectares in Artyom and Arsenyev cities, as well as […]

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Russia To Built Massive Solar Energy Power Plant In Mali

Africa, Energy, Trade

The wind energy division of Russia’s energy giant Rosatom, NovaWind, has begun construction of a 200 megawatt (MW) solar power plant in Mali, according to Bintu Kamara, Mali’s Energy and Water Resources Minister. The US$217 million project will increase electricity production in Mali by 10%. The facility, which will extend over 314 hectares of land

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Russia’s Ministry of Trade Incentivizes Non-Energy Export Trade To The Global South

Africa, China, India, Trade

The Russian Ministry of Industry and Trade is preparing updates for what will be a national directive under the banner “International Cooperation and Export” where the main emphasis will be on the reorientation of non-resource, non-energy exports to countries in Africa, Southeast Asia, and Latin America. The updated national project will be operational until 2030

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Russia, Uzbekistan, To Triple Bilateral Trade, Agree On Nuclear Power Plant

Commonwealth of Independent States, Energy, Trade

Russia and Uzbekistan have agreed to triple their bilateral trade volumes with a goal of reaching US$30 billion by 2030. In addition, Russia’s Atomstroyexport JSC has signed a contract with the Uzbekistan Directorate for Nuclear Power Plant Construction to build a low-capacity nuclear power plant in Uzbekistan’s Jizzakh region. The decisions follow meetings in Tashkent

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Russia, CIS and Uzbekistan Expanding Trade Corridors

Commonwealth of Independent States, Eurasian Economic Union, Trade

The Commonwealth of Independent States (CIS) held Ministerial-level meetings last week, followed by Russian President Vladimir Putin flying to Tashkent, Uzbekistan on Sunday (May 26) for talks with Uzbekistan’s President, Shavkat Mirziyoyev. The CIS includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan. CIS members are set to enter a new agreement on free

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Russian Manufacturing Reconstruction In The Donbass

Commonwealth of Independent States, Infrastructure, Investment

Russia is now planning reconstruction of industrial sites in the Donbass following moves into the area after previous heavy fighting. These plans are rarely, if ever, reported in Western media. However, assessments and reconstruction plans are being carried out throughout the Donbass region, according to Denis Pushilin, the Head of the Donetsk People’s Republic. In

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CIS Trade Up Two-Thirds Since 2020

Commonwealth of Independent States, Economy, Trade

Russian Prime Minister Mikhail Mishustin has stated that trade turnover in the Commonwealth of Independent States(CIS) gained two thirds over the past four years. This year Russia chairs the CIS, he noted, adding that Moscow considers completion of the plan of action to implement the first stage of the Commonwealth’s economic development strategy through the

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EAEU, Mongolia Trade Can Grow 25%

Eurasian Economic Union, Trade

Maxim Vasiliev, Russia’s Trade Representative with Mongolia has suggested that the Mongolian government has linked its future economic growth to the successful signing of a Free Trade Agreement with the Eurasian Economic Union (EAEU). He was speaking at the economic conference “Prospects for the development of trade, economic and investment cooperation between Mongolia and the

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Russia To Open Embassies in Sierra Leone, Niger, & South Sudan: The Implications

Africa, Trade

Russia plans to open embassies in Sierra Leone, Niger, and South Sudan soon, Russian Foreign Minister Sergei Lavrov said at a reception of the upcoming Africa Day at the Russian Foreign Ministry on Thursday (May 23). The Russian embassy to Burkina Faso resumed its operations last December. We describe the basic economic and demographic situation

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Russia, India Discuss Nuclear Power Projects

Energy, India, Infrastructure

Aleksey Likhachev, the Director-General of Russia’s Rosatom State Atomic Energy Corporation, and Ajit Kumar Mohanty, the Chairman of the Atomic Energy Commission of India, have discussed expanding cooperation in nuclear energy in India, according to Rosatom. Likhachev and Mohanty, held talks during a Russian nuclear site visit in Seversk, Tomsk Region on Thursday (May 23).

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