News

Iran – EAEU Free Trade Agreement To Remove Tariffs On 87% On All Products Traded With Russia

BRICS, Eurasian Economic Union, Exports, Imports, Infrastructure, Logistics & Transport, Middle East, Trade

The Russian Foreign Minister, Sergey Lavrov has been in Tehran holding talks with his Iranian counterpart, Abbas Araghchi, as well as with the Iranian President, Masoud Pezeshkian. Much of these discussions revolve around resolving bottlenecks at the Rasht-Astara railway route, which is part of the INSTC network between Russia and the Middle East. Construction work […]

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Lavrov Meets Erdogan In Turkiye To Discuss Ukraine, Syria & Trade: Details

Middle East, Security, Trade

February 27 Update: Russian and American diplomats will meet in Istanbul on Friday, February 27 to discuss administrative and communication problems in the work of the two countries’ embassies, which stacked up as a result of activities of the previous US administration. The two sides stated that meeting in Istanbul will make it clear “how fast

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Chinese Specialists To Invest In Maritime Ship Engines & Assembly In The Russian Far East

Asia, China, Foreign Investment, Infrastructure, Logistics & Transport

The Primorsky Krai regional Government in Russia’s Far East has said that the local JSC Nakhodka Ship Repair Plant (NSRY) plans to assemble Chinese ship engines at its facilities. Cooperation in shipbuilding was discussed at a meeting between various managers of numerous industrial enterprises from Primorye and China on Tuesday (February 25) in Vladivostok. Anatoly

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Russia To Support Global Cocoa Productivity By Supplying Fertilizers To Ghana

Africa, Agriculture, Economy, Exports, Trade

Dmitry Mazepin, of the Russian Union of Industrialists and Entrepreneurs (RSPP) has said that Russia is looking to increase its fertilizer exports to Ghana. The West African country has experienced a decline in agricultural output in recent years, contributing to a global cocoa bean shortage and rising prices. Ghana, along with the Ivory Coast, are

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Russia-South Africa 2025 Trade & Investment: Update

Africa, BRICS, Exports, Imports, Investment, Trade

The Russian Foreign Minister, Sergey Lavrov was in South Africa last week attending the G20 Foreign Ministers meetings. During that event, he met with Ronald Lamola, the South African Foreign Minister. The two underscored the need for closer foreign policy coordination at the United Nations as well as the G20 and BRICS, highlighting the significance

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Russia-China Bilateral Cross-Border Rail Freight Up 9% YoY in January 2025

China, Exports, Infrastructure, Logistics & Transport, Trade

Rail cargo transportation in both directions between Russia and China increased by 9.1% compared to January 2024, to 3.5 million tonnes, Russian Railways has stated. 3.3 million tonnes were Russian exports, an increase of 8.9%. 1.7 million tonnes of cargo were exported to China through the Zabaikalsk – Manchuria railway border crossing, between Zabaykalsky Krai

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Russia Increases Far East State Development PPP Budgets

Asia, Economy, Infrastructure, Investment

Russian Prime Minister Mikhail Mishustin has signed a decree increasing funding for projects aimed at developing economic growth centres in the Russian Far East by another ₽32 billion (US$360 million). The total amount available in the state budget is now ₽73.3 billion (US$830 million). Mishustin said “This will ensure federal co-financing for projects implemented under

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Russia-Myanmar 2025 Trade & Investment: Update

Asia, Energy, Exports, Infrastructure, Investment, Trade

Maxim Reshetnikov, the Russian Economic Development Minister and Kan Zaw, Myanmar’s Investment and Foreign Economic Relations Minister have signed a memorandum on investment cooperation in Myanmar’s Dawei Special Economic Zone. The document was signed at the fifth intergovernmental Russian-Myanmar commission for commercial and economic cooperation during the Russian delegation’s official visit to Naypyidaw, Myanmar’s capital

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Russia-Pakistan Direct Rail Freight Service To Begin In March

Asia, Exports, Imports, Infrastructure, Logistics & Transport, Trade

Freight rail transportation between Russia and Pakistan is scheduled to begin from March 2025, according to the Russian Ministry of Transport. The announcement was made following the results of the Third Caspian Economic Forum in Tehran, during which Russia and Iran signed a Practical Action Plan for cooperation in the transport sector for 2025. This

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Russia’s FESCO Adds Vladivostok Shipping Capacity To South Korea’s Gwangyang Port

Asia, Exports, Infrastructure, Logistics & Transport, Trade

Russia’s FESCO Transport has begun regular ship calls from Vladivostok to South Korea’s Gwangyang port as part of the expansion of the FESCO Korea Soviet Direct Line (KSDL) route. The cargo flow to Gwangyang is mainly Russian timber industry products, which are delivered to various industries in the country. The main KSDL route connects Vladivostok

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