News

Russia–Belarus Bilateral Trade Up 107.4% In 2024

BRICS, Commonwealth of Independent States, Eurasian Economic Union, Exports, Imports, Trade

The Belarusian Deputy Economy Minister Alesya Abramenko has said that bilateral trade in goods and services between Russia and Belarus reached US$57.6 billion, achieving a growth rate of 107.4% in 2024. Abramenko was speaking at a meeting of the interdepartmental working meeting of the Belarusian Economy Ministry and the Russian Economic Development Ministry. She added […]

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Russia To Open Seven New Embassies In Africa By 2026: Details & Analysis

Africa, Infrastructure, Investment, Regulatory, Trade

Russia sees significant opportunities for strengthening cooperation with Africa, Foreign Minister Sergey Lavrov told MPs in the State Duma on Wednesday. He was speaking before heading to South Africa to attend the annual G20 Foreign Ministerial meetings. Speaking on Russia’s foreign policy priorities and initiatives, Lavrov emphasized that Moscow is working with African nations to

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Russia–India INSTC Supply Chain Route Doubled Transit Volumes In 2024

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

Trade between India and Russia using the International North South Transport Corridor (INSTC) almost doubled last year, according to Russian Railways official Dmitry Kryukov. New Delhi is increasing the volume of exports via the route as it looks to reduce its substantial trade deficit with Moscow. Kryukov said that “The net cost of the service

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Russia, Iran, Looking At Nuclear Power, Aviation and Auto Manufacturing Investments

Energy, Infrastructure, Investment, Middle East, Trade

Russia and Iran have discussed further construction of the second phase of a nuclear power plant (NPP) in Bushehr and cooperation in the aircraft and auto industries, Russian Deputy Prime Minister Alexei Overchuk said after meeting with Iran’s First Vice President Reza Aref on Tuesday (February 18), with Overchuk saying “We discussed energy cooperation, including

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Russians In Cross Border Road Transport May Soon Obtain One-Year Multi Entry China Visas

China, Exports, Logistics & Transport, Regulatory, Trade

The Russian government is submitting for ratification an additional agreement with China, which should significantly facilitate the mutual visa regime for logistics businesses, according to Prime Minister Mikhail Mishustin. He said that after the document comes into force, all Russians who are engaged in road transport from China will be able to obtain a multiple-entry

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Russia-Ethiopia 2025 Geopolitical, Trade & Investment Update

Africa, BRICS, Energy, Exports, Investment, Trade

A senior delegation from Russia’s Federation Council, led by its chairperson Valentina Matviyenko, is on a three-day trip to Ethiopia where they have held talks with Ethiopian Prime Minister Abiy Ahmed Ali. Among the Federation Council delegation is a high-ranking team that includes Maxim Reshetnikov, Russia’s Minister of Economic Development; Mikhail Murashko, Minister of Health;

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Russia Looking At LNG Exports & Investments With Indonesia & Malaysia

Asia, BRICS, Energy, Exports, Trade

Russia is discussing LNG supplies and development investments with Indonesia and Malaysia, according to Roman Marshavin, Russia’s Deputy Energy Minister. Indonesia and Malaysia have Asia’s largest liquefied natural gas capacity, with the latter ranking fifth worldwide in exporting LNG in 2023. However, their capacity is underutilized, and both countries are experiencing depletion of their resource

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Russian Agricultural Exports To Tunisia and Egypt Up 30 and 20% In 2024

Africa, Agriculture, Exports, Imports, Middle East, Trade

Russia boosted turnover of agricultural products with Egypt 20% and Tunisia over 30% in 2024, the Russian Agriculture Ministry has said. The data was released following talks between Russian Agriculture Minister Oksana Lut and Baha El-Ghannam, director of Egypt’s Mostakbal Misr agency for sustainable development, and Salwa Ben Hadid Zouari, the CEO of Tunisia’s grain

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Russia’s Pivot To Asia: 2025 Guide To East Africa

Africa, Exports, Imports, Infrastructure, Investment, Trade

Russia’s Pivot To Asia have just published our 2025 Guide to East Africa, which contains details of Russia’s geopolitical, security and trade development dynamics with the East African region. This is a diverse area that covers the Red Sea to the Indian Ocean and has the potential to act as an extension to the North-South

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Russia, Iran, Discuss Agricultural Cooperation, Trade, and Bandar Abbas Logistics Hub

Agriculture, BRICS, Eurasian Economic Union, Exports, Infrastructure, Middle East, Trade

A Russian agricultural trade delegation, lead by Deputy Prime Minister Alexei Overchuk, and Deputy Agriculture Minister Maxim Borovoi has been in Tehran discussing a variety of agricultural trade and supply chain issues with Iran. The two parties discussed expanding the distribution channels for Russian agricultural products and food, including meat, confectionery and beverages on Tuesday

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