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Russia – Algeria Bilateral Trade Doubles

Africa, BRICS, Shanghai Cooperation Organisation, Trade

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 […]

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Burning Down The House: How European Politicians Have Collapsed The European Economy

Economy, Finance, Trade

One of the difficulties when reporting statistics concerning Russia or the European Union in these chaotic times is the ultra-partisan nature of contemporary thought. Anything pro-Russian or Western-negative is automatically regarded as suspect and not to be trusted. Such items are also avoided as subjects for discussion in Western media. Hiding the truth has always

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

BRICS, Economy, Shanghai Cooperation Organisation, Trade

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

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

Economy, Finance, Trade

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.

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

Economy, Finance, Investment, Trade

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

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

China, Eurasian Economic Union, Investment, Trade

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

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Russia – Kyrgyzstan Eurasian Development Agenda Puts Priority On Regional Trade

Eurasian Economic Union, Investment, 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

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Indian Exporters Want Greater Market Access in Russia

BRICS, Eurasian Economic Union, India, Trade

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.

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Primorye Krai Targets US$11 Billion China Trade For 2024

BRICS, China, Investment, Trade

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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