Latest updates, insights, and analysis.
Russia’s AGR Holding and China’s Defetoo are expanding their joint venture and completing the technical refurbishment of the former United States-owned GM Motors auto plant in Shushary, St. Petersburg. The equipment has already been installed at the plant and will shortly begin the full production cycle. AGR acquired the GM facility in 2024, where the […]
Russia’s Altai Republic has sent a first shipment of almost 2,000 tonnes of flour to Hong Kong, the regional branch of the Federal Agricultural Product Safety and Quality Center has said. Experts from the Center’s Altai branch determined the organoleptic indicators, quality characteristics, and physical and chemical properties of the product. In addition, the customer […]
The relaunch of railway transport along the Skovorodino-Reynovo railway line is scheduled for 2026, according to Alexey Mestnikov, the Deputy General Director for Strategic Development of Yakutia Railways. This railway line leads to the Dzhalinda mixed checkpoint on the border with China and was mothballed in the early 2000s due to low freight traffic. Now […]
The Russian Deputy Prime Minister Alexander Novak and Turkish Energy and Natural Resources Minister Alparslan Bayraktar have been discussing additional prospects for cooperation in their bilateral oil and gas, as well as the development of nuclear energy, at meetings held in Istanbul. Novak stressed Türkiye’s important role as a transit country for oil and gas […]
The Russian President Vladimir Putin met with Vietnamese Foreign Minister Le Hoai Trung in Moscow on Tuesday (February 24), stating that “Our bilateral relations have been developing positively, and trade has been growing. We have substantive, candid dialogue on every issue, including political dimensions.” Vietnam has a free trade agreement with Russia via the Eurasian […]
The Indian shipping regulator has extended the accreditation of four Russian companies providing Protection and Indemnity (P&I) insurance for vessels calling at the country’s ports for one month, according to the Indian Directorate General of Shipping. Russian insurers Soglasie, Yugoria, Sberbank Insurance, and ASTK Insurance have all had their insurance licenses extended to 20 March […]
Russia and Belarus are planning to launch cross-border suburban trains, which will operate on the basis of free movement within the Eurasian Economic Union, according to Alexander Khoroshevich, First Deputy Head of the Belarusian Railways. Citizens of both countries and foreigners holding residence visas of either may use the cross-border service without needing to pass […]
Russia and Belarus plan to sign an agreement to build a third power unit at the Belarusian Nuclear Power Plant (BelNPP) by the end of this year, according to Belarusian Energy Minister Denis Moroz. He stated that “There is an instruction from Belarusian President Lukashenko on the need for another unit at the Belarusian Nuclear […]
Russia’s AGD Diamonds has recovered a rare, high-quality diamond weighing 228.62 carats at the Grib deposit in the Arkhangelsk Region. AGD Diamonds said that its specialists have classified the crystal as a type II diamond with minimal nitrogen content. This type of stone is extremely rare and accounts for a small percentage of natural diamonds […]
The creation of a unified Special Economic Zone (SEZ) covering the entire Siberian Federal District, with common tax and investment preferences for each region within it, could become a driver for Siberian development, according to Elena Bezdenezhnykh, the vice president of JSC Rusal Management. She said that “We have 59 SEZs in the country. The […]
The first cryptocurrency transactions could be conducted in normal Russian domestic transactions by the end of this year if the corresponding law is passed, according to Ekaterina Lozgacheva, the head of the Central Bank of Russia’s financial market strategic development department. She said that “We expect that in the near future, when the draft bill […]
The Russian company MK-Polymer , a resident company of the Seversk development territory in the Tomsk Region, supplied a batch of ethylene-propylene rubber to Kazenergokabel, the largest cable factory in Kazakhstan, and conducted operational tests on it, the company said. The joint work was aimed at testing the use of new materials in cable production. […]
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