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Russia At COP29 – Moving Carbon Regulation To Asian Standards

Energy, Trade

Russia’s pivot to Asia isn’t just about asset re-distribution, shifting supply chains, and new consumers, it is also affecting Russia’s regulatory environment, some of which will impact environmental cooperation with the European Union.   An example is carbon regulation in Russia, which has been focused on Western markets but is now turning towards Asia. These conclusions […]

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Butter Image

Russia Buys Arabic Butter As Consumer Trends See Domestic Consumption Skyrocket

Agriculture, Imports, Middle East, Russian Market, Trade

Russia has begun to purchase butter from the United Arab Emirates (UAE), the first time it has imported the product from the country. Before, the European Union was a major source of the product, with 28% of all EU butter exports going to Russia.     Russia began importing UAE butter on October 18, and in the

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Rosatom Bidding For Turkiye’s Second Nuclear Power Plant

Energy, Investment, Trade

Russian Foreign Minister Sergey Lavrov has said that both Russia and Türkiye will benefit if Rosatom, the state-owned nuclear power contractor, is successful in its bid to construct the planned Sinop Nuclear Power Plant (NPP) on Türkiye’s Black Sea coast. Rosatom is currently constructing Turkiye’s first NPP at Akkuyu.  Lavrov commented in an interview with

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Saudi Azov

Saudi Arabia Gets Foothold Into Russia’s Agricultural Market

Agriculture, Foreign Investment, Middle East, Trade

Saudi Arabia’s Salic (Saudi Agricultural & Livestock Investment) has gained control over several Russian agricultural assets through its purchase of Singapore’s Olam Agri, the Russian Union of Grain Exporters and Producers has said. The main asset is the Azov Grain Terminal. Eduard Zernin, the Union CEO, stated “Without exaggeration, this is a landmark deal which

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pharmaceuticals Russia and Sri Lanka

Sri Lanka Considering Medical JV With Russia’s Binnopharm

BRICS, Exports, Investment, Trade

Russia’s Binnopharm Group, owned by AFK Sistema, and members of a Sri Lankan delegation have been discussing options for interaction and international cooperation in the pharmaceutical sector. Binnopham produces around 300 pharmaceutical products and is a major antibiotics producer in Russia. Approximately 35% of its medicines are produced in a full cycle from the company’s

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Bitumen

Kazakhstan To Import 500,000 Tonnes of Bitumen From Russia

Eurasian Economic Union, Exports, Trade

Kazakhstan plans to import 500,000 tonnes of bitumen from Russia this year and determine imports for 2025, according to the Kazakh Ministry of Energy. Bitumen is commonly used in the construction industry. The average price is about US$500 a tonne. Kazakhstan’s annual demand is about 1 million tonnes, with the country capable of producing 1.2

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New Israel Port Haifa – Novorossiysk Shipping Service Launched

Imports, Logistics & Transport, Middle East, Trade

Russia’s multimodal transport operator Ruscon, part of the Delo Group, is launching a regular service for delivering consolidated cargo from Israel to Russia, the company has stated. Goods will be consolidated at warehousing in the Haifa Port, then shipped in large containers to Ruscon’s Delo Group’s marine terminal in Novorossiysk. Cargo will be deconsolidated at

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IPO image

Russia’s 2024 IPO Market Booms With The Average 5 Times Over-Subscribed 

Economy, Finance, Investment, Trade

During this year, a long-awaited IPO boom has occurred in the Russian market. In less than a year, 14 new issuers placed their shares on the open market, and another began collecting applications — the best result since 2007. Driving this are institutional investors, but increasingly private investors are also now involved. For 2025, Russian

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Russia’s Globaltrans Delists From London, Relists In Astana 

Economy, Eurasian Economic Union, Finance, Investment, Trade

The major Russian cargo carrier Globaltrans is to leave the London Stock Exchange (LSE) on November 22, and has already relisted in Astana, Kazakhstan. The company is one of Russia’s largest rail transport groups, and is focused exclusively on the freight logistics sector in Russia and the Commonwealth of Independent States (CIS), providing services for

Russia’s Globaltrans Delists From London, Relists In Astana  Read More »

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