UDM Nestors LLC plans to invest ₽946 million (US$10.1 million) in the construction of a milk processing plant in the Izhevsk special economic zone (SEZ) that is being created in Udmurtia, the regional government said in an order posted on its website. The project is expected to be operational by 2028 and is the most […]
India’s UDM Nestors Investing in Dairy Production In Izhevsk SEZ Read More »
Due to the current high potential of the 2024 harvest, existing reserves and competitive prices, Russia will be able to become a leading supplier of wheat to India, according to the Rusagrotrans analytical center, following an analysis of the Indian grain market. Rusagrotrans stated in an interview with Interfax that “If the wheat harvest in
Russia Could Become India’s Largest Wheat Supplier in 2024 / 25 Read More »
Russia’s Federal Fisheries Agency Rosrybolovstvo is preparing an expedition to study the fish stocks of African countries, which together with African partners, could begin in Q2 2024, Rosrybolovstvo head Ilya Shestakov said at a meeting with President Vladimir Putin on Monday (April 8). Putin gave the order to organize the expedition following the conclusion of
Russia Looks To Africa For Seafood Supply Chains Read More »
EU sanctions mechanism “was not legally transparent” In a case that may lead to unprecedented legal claims in the EU, a top EU court has annulled sanctions against billionaires Mikhail Fridman and Petr Aven, finding there was insufficient evidence the two oligarchs backed Russia’s conflict against Ukraine. The EU’s General Court concluded that the EU
Top EU Court Rules In Favour Of Returning Sanctioned Russian Assets Read More »
Trading of Chinese RMB Yuan on Russia’s foreign exchange market hit an all-time high in March, the Bank of Russia (CBR) reported in its financial risk review on Monday (April 8). Russia’s shift away from major Western currencies started with the US and EU sanctions imposed on the country over the Ukraine conflict. The financial
China’s RMB Yuan Replacing US Dollar on Russia’s Forex Market Read More »
China and Russia have stated their aims to maintain “industrial supply chain stability” after Chinese foreign minister Wang Yi and his Russian counterpart Sergei Lavrov reinforced calls for their two countries to work more closely together against “hegemonism”, in a statement released by the Chinese foreign ministry. Russia has been intensely sanctioned by Western powers
Russia & China To Develop Mutual “Supply Chain Stability” Read More »
Russia’s Pivot to Asia sat down last week with a highly experienced group of people, including high-profile China and Asia experts, an American banker, and Russian academics. The question on the table: “Does the west have a game plan for Russia?” First, about the attendees. All are well known in their fields and government influential.
Thinktank: Do The United States & Europe Have A Gameplan For Dealing With Russia? Read More »
Russia’s Pivot to Asia have published our first annual Russia’s Pivot to Asia Guide, in Russian. It is a 300-page full colour PDF with maps and graphics that details Russia’s 2024 trade and development with 80 countries, in addition to evaluating new supply chain routes such as the INSTC and the NSR, and Russia’s developments
Complimentary Russia’s Pivot To Asia 2024 Business Guide Read More »
Sergey Lavrov, Russia’s Foreign Minister, is meeting with Wang Yi, China’s Foreign Minister (and State Councillor) on Monday and Tuesday (April 8 & 9) in Beijing to discuss bilateral cooperation and plans for Vladimir Putin’s meetings with Xi Jinping next month. Talks between Lavrov and Chinese Foreign Minister Wang Yi, who extended the invitation to
Russian and Chinese Foreign Ministers Meet In Beijing Read More »
Russian consumers now possess more income at their disposal since pre-covid times, where according to Macrotrends Russian consumer spending rose 19.68% in 2022. That has led to seven new international brands opening their first stores in Russia during Q1 2024, according to Nikoliers a commercial real estate consulting firm. “Based on the results of the
New Global Brands, Including European, Open Stores In Russia Read More »
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