News

Latest updates, insights, and analysis.

July 24, 2024

Russia – Syria 2024 Bilateral Relations: Update

Russia’s Foreign Minister Sergey Lavrov gave a speech concerning the 80th anniversary of diplomatic relations between Russia and Syria on July 19, in Moscow. He outlined the historic relations between the two countries and future developments. We reproduce his comments below: “Russian-Syrian diplomatic relations were established on July 21, 1944 at the height of WWII. […]

July 24, 2024

Russia – Lebanon 2024 Relations: Update

On July 17, Foreign Minister Sergey Lavrov met with Foreign Minister of the Lebanese Republic Abdallah Bou Habib in New York on the sidelines of the UN Security Council meeting. They discussed the situation in the Middle East, including the Palestinian issue, as well as bilateral trade and development ties. During their conversation, the two […]

July 24, 2024

Russia – Libya Bilateral 2024 Relations: Update

Russia’s Foreign Minister Sergey Lavrov met with Taher al-Baour, the Acting Foreign Minister of Libya, in New York on the sidelines of the UN Security Council’s open debate on multilateral cooperation on July 16. During the discussion on the developing situation in Libya, Lavrov underscored Moscow’s  unchanging intent to keep on supporting sustainable stabilisation of […]

July 23, 2024

Russia – Algeria Bilateral Trade Doubles

A Russian State Duma delegation led by its Chairman Vyacheslav Volodin has arrived in Algeria for a working visit, with Volodin having negotiations with Algerian National Assembly President Ibrahim Boughali. Algeria has recently expressed interest in joining the Shanghai Cooperation Organisation as well as the BRICS group. Algeria is the world’s fifth largest gas, and […]

July 21, 2024

More Countries Want To Join The Shanghai Cooperation Organisation As Full Members

Several countries want to upgrade their relations with the Shanghai Cooperation Organization (SCO), the group’s Secretary-General Zhang Ming has stated. The SCO is a multifunctional trade, security and geopolitical alliance formed in 2001 by China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, primarily to deal with the repercussions of the United States and NATO invasion of […]

July 20, 2024

Russia’s Tax Revenues From ‘Unfriendly Countries’ Business Exceeds Forecasts

Other unexpected bonuses are increasing Russia’s taxable corporate income from foreign investors originating from unfriendly countries as a direct result of sanctions being placed upon the country. Political pressures are also being placed on foreign investors to exit. It is another example of political thinking in the West apparently being divided from the fiscal repercussions. […]

July 20, 2024

Corporate Registrations In Russia’s Offshore SAR Increase 30% In 2024 YTD

Russian and foreign investors are starting to become more savvy over tax incentives on offer in Russia’s Special Administrative Regions (SAR), increasing their investments by almost a third since the beginning of this year. The two SAR that Russia currently has are sited in Kaliningrad, in Western Russia, and Russky Island, Vladivostok in the Primorye […]

July 18, 2024

Russia To Develop A Pacific Ocean Port for Belarus Exports To China

Oleg Kozhemyako, the Governor of Russia’s Far Eastern Primorsky territory, has stated that a special port for use by Belarusian exporters will be developed on Russia’s eastern seaboard. The announcement was made after Kozhemyaako met with Alexander Lukashenko, the President of Belarus in Minsk earlier this month. Chinese developers are also interested in the construction […]

July 18, 2024

Russia – Kyrgyzstan Eurasian Development Agenda Puts Priority On Regional Trade

Sergey Glazyev, the Eurasian Economic Union Minister for Integration and Macroeconomics, has been taking part in the 11th Russian-Kyrgyz Interregional Conference in Krasnoyarsk. The event is annually attended by heads of regions, entrepreneurs, representatives of business development and support institutions of the countries of the Eurasian Economic Union (EAEU). These include Armenia, Belarus, Kazakhstan, Kyrgyzstan […]

July 17, 2024

Indian Exporters Want Greater Market Access in Russia

The Indian government is in discussions with Russia on easing non-tariff trade barriers, with the goal of boosting its exports to the country, Indian Commerce Secretary Sunil Barthwal has stated. The move comes after Russia-India trade has boomed in favour of Russian exports, but left Moscow with an over-abundance of Rupees in its capital account. […]

July 17, 2024

Primorye Krai Targets US$11 Billion China Trade For 2024

The government authorities of Russia’s Primorye Krai region, which borders China and North Korea, aim to boost trade with China up to US$11 billion by the end of 2024. The statement comes as the region hosts a delegation for the facilitation of international trade from China’s northern Heilongjiang province, which shares a significant border with […]

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