Latest updates, insights, and analysis.
According to the Kremlin press service, at the invitation of Mongolian President Ukhnaa Khurelsukh Russian President Vladimir Putin will pay an official visit to Mongolia on September 3, 2024. Among the topics to be discussed and moved forward are trade, economic and energy projects developing within the context of Russian-Mongolian relations based on their comprehensive […]
Russian truckers and logistics companies employed on the China trade delivery run will be happy to learn that the Chinese government has approved procedures that should simplify entry of Russian truckers to China. Following the results of the 29th regular meeting of the heads of Government of Russia and China, a protocol was signed on […]
Russian Railways has reported that between January-July 2024, cargo transportation in both directions through various railway crossings on the Russian-Chinese border increased by a total of 18.2% compared to the same period in 2023 – up to 23.8 million tonnes. That is broken down into Chinese export volumes to Russia amounting to 1.6 million tonnes […]
The Russian President Vladimir Putin held conversations with the President of Kazakhstan, Kassym-Jomart Tokayev on 26 August. The two continued discussions of current issues of mutually beneficial bilateral cooperation and development, including in the energy sector. Kazakhstan shares a 7,242km border with Russia, while President Tokayev owes his current position to a Russian intervention in […]
The Russian President Vladimir Putin held conversations with Armenian Prime Minister Nikol Pashinyan on August 23, during which the two officials continued discussions concerning the normalization of Armenian-Azerbaijani relations, including taking into account the negotiations between Vladimir Putin and the President of Azerbaijan Ilham Aliyev during Putin’s recent state visit to Baku. Putin confirmed the […]
The Russian government is to put into place a more assertive approach in promoting its national concerns and development agenda within multiple international organizations, including the World Bank, APEC, OECD, APEC, G20 and BRICS amongst others. To do this, the Ministry of Finance (MoF) has selected the Economic Expert Group, who during 2024–2025, will conduct […]
Abrau-Durso, Russia’s leading producer of sparkling wines, has begun producing sparkling beverages in India. Boris Titov, Abrau-Durso’s principal owner has said the initial trial batch will total 10,000 bottles. Unlike the companies usual, champagne style products, the new India production will be a low alcohol sparkling beverage aimed at the youth market and available in […]
Two crypto exchanges are expected to be launched in Russia, one in Moscow and the other in St. Petersburg, with the aim of assisting foreign trade payments. While the operating mechanics are not yet specifically in place, Russian lawyers feel they will most likely be created in an experimental legal mode. To begin with, usage […]
Moscow is hosting the BRICS International Municipal Forum (IMBRICS) from August 27/28, an event that is bringing together city mayors and related municipal officials from 126 countries, 89 Russian regions and 500 cities to discuss and share information on municipal and urban planning. The Government of Moscow is acting as the General Partner of the IMBRICS […]
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 […]
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 […]
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 […]
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