News - RUSSIA'S PIVOT TO ASIA

April 30, 2024

Russia – Indian Ocean Multimodal Corridors Being Developed

The first meeting on the development of the international Belarus-Russia-Kazakhstan-Uzbekistan-Afghanistan-Pakistan multimodal transport corridor with access to Indian Ocean Seaports has been held in Termez, Uzbekistan, and was attended by officials from respective national transport departments, freight forwarding companies and businesses. They discussed the possibilities of increasing the volume of international cargo transportation along land corridors, […]

April 29, 2024

Russia and Mongolia To Increase Border Crossing Capacity By 300%

Ulaanbaatar plans to increase the capacity of checkpoints with Russia by at least 3 times, with the Mondy automobile checkpoint at the Russian Republic of Buryatia and the border with Mongolia being modernised. The border crossing will have nine lanes instead of today’s one. The capacity will be slightly less than 600 vehicles per day. […]

April 29, 2024

Eurasian Economic Union, China Meet To Discuss Trade and Economic Cooperation

On April 19, in Beijing, Andrei Slepnev, joint chair of the Minister of Trade of the Eurasian Economic Commission and Li Fei, China’s Vice Minister of Commerce held discussions of the Joint Commission on the implementation of the Agreement on Trade and Economic Cooperation between the Eurasian Economic Union and the PRC. China has a […]

April 29, 2024

Half of Russia-China Financial Transactions Arranged By Third Party Brokers

An estimated 50% of all financial transactions conducted between Russia and China are facilitated by means of intermediaries to avoid exposure by Chinese lenders to the risk of secondary sanctions, Reuters have reported, citing trade consultants and bankers, as well as importers and exporters. In December, US President Joe Biden signed an executive order that […]

April 29, 2024

Eurasian Economic Union Performance for January–February 2024

The Department of Statistics of the Eurasian Economic Commission has published a monthly analytical review of the main socio-economic indicators of the Eurasian Economic Union (EAEU) for January-February 2024. During the first two months of 2024, there was an increase in industrial production of the EAEU by 3.8%, the volume of construction work performed by […]

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 […]

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