News

Latest updates, insights, and analysis.

April 28, 2024

Russia’s Special Administrative Regions Gain Offshore Investment Interest

The number of new companies registered in the Special Administrative Regions (SAR) on Russky Island in Vladivostok, and Oktyabrsky island in Kaliningrad exceeded 400 in April, with the registration of new residents indicating the continuing interest in re-domiciliation into Russia’s legal jurisdiction. The SAR’s offer specific benefits not available on the Russian mainland, including lower […]

April 28, 2024

Russian Foreign Minister Meets With Bolivian Foreign Minister in Moscow

Russia’s Foreign Minister, Sergey Lavrov, met with his Bolivian counterpart Celinda Sosa in Moscow on Friday (April 26). The Bolivian diplomat is paying a two-day visit to Russia on April 26 and 27. Discussed were bilateral ties, political dialogue, ways of broadening cooperation in various sectors and improving the legislative and contractual framework, as well […]

April 27, 2024

Kaliningrad Exports Wheat To Venezuela For The First Time

Food-grade wheat totaling 30,500 tonnes has been shipped for the first time to Venezuela from a Kaliningrad Region port, the press service of the regional department of the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) has said. The shipment is further proof of Russia’s developing engagement with new emerging markets in Latin America. Specialists […]

April 27, 2024

Putin’s Address To The Russian Union of Industrialists and Entrepreneurs

The Russian President Vladimir Putin has addressed Russia’s business leaders concerning Russia’s economic strength and strategic goals. Saying that the Russian economy has demonstrated buoyant growth despite unprecedented external challenges, he stressed that he appreciated the contribution of the business community and proposed more engagement on strategic goals. Here are some key takeaways from Putin’s […]

April 26, 2024

Putin To Visit China In May

Russian President Putin plans to visit China in May, he has stated, and will be meeting with Chinese President Xi Jinping in Beijing. This would be Putin’s first foreign trip since the presidential elections in March and will follow his presidential inauguration on May 7. The share of Russian Ruble and Chinese Yuan settlements in […]

April 26, 2024

Flights Resume From Sakhalin to Phuket  

Charter flights from Yuzhno-Sakhalinsk to Thailand will resume after a four-year break, as Russia’s Far East tourism reconnects with Southeast Asia. Tour operator Pegas Touristik together with the Russian regional Ikar airline will service the route to Thailand. Flights EO 3629/3630 will be operated on the Yuzhno-Sakhalinsk – Phuket – Yuzhno-Sakhalinsk route. Sakhalin is north […]

April 26, 2024

FRIDAY BIZARRE

Our Look Back At Some Of The Weeks Most Bizarre & Cool Russo Moments The UK’s Premium Stolen Cars Are All Going To Russia. Probably. A completely biased article from the UK Daily Mail who blame UK car thefts on Russians and that only 4 Policemen in the entire country check outbound shipping containers. That […]

April 25, 2024

Baikal-Amur Rail To Be Developed For Russia’s AsiaPac Markets

The Baikal-Amur Mainline (BAM) railroad is one of the biggest infrastructures of the 20th century and will be further developed to expand Russia’s export and transit capabilities and to raise living standards for Russians living nearby, Russian President Vladimir Putin said on Tuesday (April 23). The BAM is a broad-gauge railway, traversing Eastern Siberia and […]

April 25, 2024

Russia, Iran, Cooperating On Mutual Tourism Development

With Western nations increasingly making life difficult for Russian tourists, Russian nationals have been looking east for vacations, with Asia the main beneficiary. Russians for example are now the largest inbound tourist market for Sri Lanka. But other important destinations are also looking at expanding mutual tourism ties. Iran and Russia are also working together […]

April 24, 2024

Sri Lanka To Formally Apply To Join BRICS

Sri Lanka intends to formally seek membership of the BRICS group of nations, Janitha Abeywickrema Liyanage, the country’s ambassador to Russia announced today (April 24). She confirmed that “Sri Lanka is planning to join BRICS+” and expressed hope that accession would provide “an opportunity to ensure both transport and food security.” The BRICS group of […]

April 23, 2024

INSTC Route Has Potential To Carry 60-100 Million Tonnes

The flow of cargo traffic via the International North-South Transport Corridor (INSTC) may reach up to 60-100 million tonnes in the future, depending on necessity and relevance, Russian Transport Minister Vitaly Savelyev has said. To put that into context, this would be roughly equivalent to 10% of the global tonnage that transited the Suez Canal […]

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