News

Russia-ASEAN 2025 Trade Development Shows 32% Increases

Asia, Exports, Imports, Logistics & Transport, Trade

Alexey Overchuk, Russia’s Deputy Chairman, has been speaking at the East Asia Summit in Kuala Lumpur this week and has identified logistics as a key driver in developing Russia–ASEAN regional trade. Overchuk stated, “Given its geographical location and colossal transit potential, Russia invests in global transport connectivity through the development of transport corridors connecting Eurasia […]

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Russia To Begin Plywood Exports To Mexico

Agriculture, Exports, Latin America, Trade

Russia’s multinational forestry industry, the Segezha Group will begin supplying its products to Mexico, with the first contract for supplying plywood concluded this week at the Mexican Construction and Furniture Industry Expo (CIHAC) the Segezha Group has said. This is the first time it has exported its products to the Mexican market. Plywood is used

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India To Manufacture Russia’s SJ-100 Superjet Under Licence To Fill Domestic Passenger Demand

Exports, India, Investment, Logistics & Transport, Trade

India and Russia have committed to a new aircraft production partnership, with India’s state-backed Hindustan Aeronautics Limited (HAL) signing a memorandum of understanding with Russia’s PJSC United Aircraft Corporation (UAC) to produce civil commuter SJ-100 aircraft, the companies have announced. The Superjet SJ-100 is a twin-engine, narrow-body Russian regional passenger aircraft already in commercial service,

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Chinese Investors Commit Over US$137 Million To Expand Yeast Production Plant In Lipetsk

Agriculture, China, Foreign Investment, Trade

The Chinese-owned Angel Yeast Rus LLC, a subsidiary of China’s Angel Yeast, will invest over ₽11 billion (US$137.2 million) in constructing the third stage of a yeast production facility in the Lipetsk region, the regional government has announced. An agreement was signed by Lipetsk region Governor Igor Artamonov and Angel Yeast’s CEO, Ming Hua Xiao,

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Japan To Continue Buying Russian Oil Amongst Domestic Consumer Pressures

Asia, Energy, Exports, Trade

Japan will continue importing Russian liquefied natural gas (LNG) despite pressure to halt purchases, Japanese Prime Minister Sanae Takaichi told US President Donald Trump on Tuesday. Trump was visiting Tokyo as part of a broader Asia tour and urged Japan to suspend Russian energy imports. The new Japanese prime minister, however, emphasized Japan’s own energy

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India To Continue To Buy Russian Oil

Energy, Exports, India, Trade

Indian Oil Corporation (IOC), a state-owned oil and gas company, has stated it will continue to buy Russian crude as long as it does not violate US sanctions, the companies Finance Director, Anuj Jain, has stated. He added that the company maintains a database of sanctioned entities and will continue to source oil from non-sanctioned

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China-Russia Container Prices Remain Competitive, Yet Remain Higher Than For Europe

Asia, China, Logistics & Transport, Russia, Trade

The cost of transporting a 40-foot container on the Shanghai—Moscow route, despite an increase in October this year, remains at a five-year minimum—at US$5,300, according to the Centre for Price Indices estimates. However, rates for the Russian Federation remain more expensive than for China delivery to the European Baltic States ports and to Finland at

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Russia, North Korean Foreign Ministers Meet in Moscow: Bilateral Updates

Asia, Security, Trade

The Russian Foreign Minister Sergey Lavrov met with Choe Son-hui, the Foreign Minister of North Korea (DPRK), who is in Moscow on a working visit. During the talks, the ministers discussed current issues concerning the development of bilateral relations, including practical cooperation, with particular focus on the implementation of the agreements reached during the talks

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Russia, China, Update Bilateral Investment Treaty As Belt & Road Initiative Projects Look Set To Increase

China, Exports, Imports, Investment, Regulatory, Trade

Russia and China have updated their Bilateral Investment Treaty (BIT), which was first agreed upon back in 2006. BITs typically provide legal guarantees for reciprocal investments, as well as containing specific preferential agreements on tax rates impacting specific detailed industries and the services sector. Russian President Vladimir Putin signed the bill that ratifies these updates

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Russia, Cambodia Discuss Bilateral Trade Development, Improved Supply Chains

Agriculture, Asia, Eurasian Economic Union, Logistics & Transport, Trade

Russia and Cambodia have been discussing the expansion of their bilateral trade, including increasing supplies of fertilizer from Russia, following meetings between Russian Deputy Prime Minister Alexei Overchuk and Cambodian Prime Minister Hun Manet in Kuala Lumpur. They held meetings on the sidelines of the 20th East Asia Summit, which is currently taking place. A

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