Latest updates, insights, and analysis.
India is discussing increasing the supplies of fertilizer from Russia as imports from the Middle East have ceased and China has also prohibited exports. The Indian summer crop planting season has begun and lasts through until the start of the June monsoon season, meaning the situation is becoming time critical.
Russia’s agricultural exports to Uzbekistan rose 19% last year, with sugar amongst the best performing items. Russian chocolate, soybean meal, sunflower oil and margarine all showed signifcant increases.
Russian is to be taught as the primary second language after Cuban Spanish in Cuba to better prepare students for engagement with Russian tourists and further Russian education possibilities in the country. It is one of several nations enaging more with Russian language to encourage trade, tourism and investment ties.
The St.Petersburg International Mercantile Exchange (SPIMEX) has established a Representative Office in Beijing to assist develop Russia-China commodities trade. It has already signed cooperation agreements with various Chinese exchanges in Shanghai, Qingdao and Xinjiang. SPIMEX trades in oil and petroleum products, petrochemicals, gas, coal, timber, metals, construction materials, agricultural products, and mineral fertilizers.
Russia’s Tugansk Mining and Processing Plant in Tomsk is investing over US$500 million to upgrade its production of zirconium concentrate to both dominate the domestic Russian market and become an exporter to Asia. Zirconium concentrate is a valuable mineral resource with a wide range of applications across various new tech and energy industries.
Russia’s Rosatom and Resurs of Chelyabinsk have signed agreements to exports and supply groats to several Asian markets due to increasing consumer demand. delivery will be by rail to Vladivostok and by shipping to Asian ports although overland deliveries are also being worked out. Global consumption of groats is rapidly increasing.
The Philippines has become the third largest importer of Russian pork after Vietnam and China, and ahead of Hong Kong and Mongolia. The world’s largest pork consumers per capita are in Europe, with Russia’s supplies to Asia adequately showcasing the changing supply chains in global markets.
The Iran war is impacting supply chains throughout Central Asia including the Eurasian Economic Union and Commonwealth of Independent States, creating new logistics corridors as well as problems. We examine the geostrategic implications as the Western hemisphere becomes increasingly isolated from the East.
The Russian Foreign Minister, Sergey Lavrov has met with his Kenyan counterpart, Musalia Mudavadi, in Moscow. The two discussed deepening bilateral cooperation, trade and synchronizing matters relating to global affairs. Current bilateral trade is mainly agricultural based however both sides see development potential in several areas.
Russia’s Avtotor and China’s Great Wall Motors are establishing a Joint Venture in Kaliningrad to manufacture the popular Chinese Tank 300 SUV for the Russian market. The vehicle has attracted a 7.2% share of the Russian new premium car market. Production will commence in Q2 this year.
Russian and Chinese businesses are collaborating in the biotechnology sector, an industry set to quadruple in size over the next decade and recognised as a key economic pillar by the Russian government. The Russian Agriculture Minister and a business delegation are currently in China looking at potential joint venture projects.
Azerbaijan is targeting an increase of Russian tourist visitors during 2026 and is hoping to attract upwards of 750,000 arrivals over the year. Russian tourist are becoming sought after they abandon European vacations due to the unfriendliness and opt for eastern destinations. Russians also now spend more overseas than European tourists do as the Eurozone economies enter recession and cost of living expenses increase.
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