News

Latest updates, insights, and analysis.

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. […]

August 17, 2024

Eurasian Economic Union Free Trade Agreements With Egypt, Indonesia and UAE Nearly Completed

Free Trade Agreements between the Eurasian Economic Union (EAEU) and Egypt, Indonesia and the United Arab Emirates (UAE), are almost finished, according to Anton Alikhanov, Russia’s Trade & Industry Minister said at a meeting of BRICS industry ministers. “Free trade agreements are a major and efficient mechanism of developing the EAEU’s relations with foreign partners. […]

August 16, 2024

China’s Belt & Road Initiative In Russia

China’s main thrust into the potential of investing in Russia as part of its global Belt & Road Initiative (BRI) overseas investment and infrastructure plan essentially began in 2018, when the Chinese government published its “China-Russia Cooperation and Development Plan for the Russian Far East (2018-2024).” This is a programmatic policy document guiding cooperation between […]

August 16, 2024

Direct Shipping Introduced Between Vladivostok, Malaysia and Vietnam

Russia’s FESCO Transportation Group is launching the FESCO Intra Asia Service (FIAS) regular line between Vietnam and Malaysia, the company has stated. A 400TEU container ship from the FESCO fleet will operate the line between the Vietnamese port of Ho Chi Minh City and Malaysia’s Port Klang. The ship will depart once a week and […]

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