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Chinese Premium Auto Brand Takes Over Mercedes Benz Plant Near Moscow

China, Foreign Investment, Trade

The former Mercedes-Benz plant in Yesipov near Moscow will begin mass production of China’s Exeed cars, the premium brand of Chinese automaker Chery under a contract assembly agreement starting in July. Mercedes-Benz exited the Russian market in April 2023, selling their shares in the Yesipov factory to the Russian local car dealer Avtodom. Interestingly, Mercedes-Benz

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The Proposed Kuragino-Kyzyl Railway Could Extend To Western China

China, Infrastructure, Logistics & Transport

The delayed Kuragino-Kyzyl railway line, which is planned to run from Krasnoyarsk Krai to Tuva in south-eastern Russia, close to the border with Mongolia, has been proposed to be constructed and now extended to Urumqi, the capital of China’s Xinjiang Province. The announcement was made by Vladislav Khovalyg, the head of the Republic of Tuva,

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Russia, North Korea To Build New Cross-Border Road Bridge 

Infrastructure, Logistics & Transport, Trade

Russia and North Korea have signed an agreement to build a cross-border road bridge. Currently, the only bridge between the countries, which crosses the Tumen River, is the Friendship Railway Bridge, which was opened in 1959.  The new road bridge will expand transport connections between Russia and North Korea. The proposal has been on the

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Interview With The Russian Union of Industrialists and Entrepreneurs on Cooperation Between Russian Businesses in China and India

BRICS, China, India, Trade

Russia’s Kommersant newspaper has interviewed Vitaly Mankevich, the Chairman of the Russian-Asian Union of Industrialists and Entrepreneurs (RASPP) nd discussed the relationships between Russian businesses in China and India. We feature the interview below:  What is the current situation with receiving payment from Russian legal entities in Chinese banks? “Briefly describing the situation is quite

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Northern Sea Route To Have New Eastern and Western Logistics Terminals 

Infrastructure, Investment, Logistics & Transport

Logistics terminals in Bilibino and Arkhangelsk, each with the capacity to handle 36,000 tonnes of cargo per annum, will be build by Russia’s Promstroyarktik LLC , according to the Chukotka’s governor’s office. The project will be carried out with the Far East and Arctic Development Corporation (FEDC) under the Arctic Free Trade Zone, which offers

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EAEU Russia Azerbaijan Flag

EAEU – Russia – Azerbaijan 2024 Trade, Investment & Connectivity Intensifies

Eurasian Economic Union, Logistics & Transport, Trade

The economic relations between Russia and other EAEU countries with Azerbaijan, are increasingly active and are forming a common and mutually beneficial economic space, despite the fact that Azerbaijan is not part of the Eurasian Economic Union (EAEU) trade bloc.  An accelerating growth in trade turnover between Azerbaijan and the EAEU, coupled with over 50

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small modular nuclear plant

Russia Leads The Way In Global, Small Nuclear Power Reactor Exports

Africa, Energy, Infrastructure, Investment

Update: June 23  Niger, in West Africa, has just withdrawn the operating licence for France’s Oranco uranium mine in the country. France is heavily reliant on the mine to support its own nuclear energy programme. Niger is likely to redirect this facility to Russia, and if as expected it does so, will signal another trend

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Russian Fisheries Agency To Assess African Oceanic Resources

Africa, Trade

The Russian Federal Agency for Fisheries is to organize an exploratory expedition in 2024-2025 to assess water bio-resources in the exclusive economic zones of African countries using ships of the Federal Research Institute of Fisheries and Oceanography. The purpose will be to examine water quality and marine stocks, and will include visits to several African

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