News

Latest updates, insights, and analysis.

June 3, 2025

Russian Agricultural Bank Considering Cryptocurrencies in Grain Trade Settlements

The Russian Agricultural Bank (RusAg) is considering using cryptocurrencies for settlements in grain trading, the bank has stated. RusAg first deputy CEO Irina Zhachkina said that “We believe that cryptocurrencies could be a convenient alternative instrument, and we are now exploring the possibility of using cryptocurrency instruments for settlements in grain trading with the Bank […]

June 3, 2025

Russia To Invest Millions Into The Creation Of New Industrial Parks

The Russian government will allocate nearly ₽860 million (US$11 million) this year to finance the development of industrial parks and techno parks in numerous regions. Industrial and technological parks were a key component of China’s manufacturing success from the early 2000’s to the present day. They offer investment incentives, such as tax breaks, reduced utility […]

June 2, 2025

Caspian Logistics Cluster Increases Trade With Southeast Asia, the Middle East, and India.

The 4th Caspian Region Transport and Logistics International Forum has been taking place in Astrakhan, with specific technical discussions over the performances of the region’s ports. Delegates visited the facilities of VTS Group, Astrakhan Port, the shipbuilding operations of YUCSS, and the Kutum freight terminal of Russian Railways. The event was chaired by Mikhail Kabakov, […]

June 2, 2025

First Shanghai-Minsk TIR Container Truck By Road Departs

A container truck carrying three new Chinese electric vehicles has departed from Shanghai en route to Minsk, Belarus, a distance of just over 11,000km. This marks the first shipment exported from Shanghai under the international TIR (Transports Internationaux Routiers) road transport system. Following the dispatch of the truck to the Minsk, TIR-based transportation services for […]

June 2, 2025

Russia Launches New Sadko 9 Off Road Truck For Tough Terrain Logistics

Russia’s Modern Transport Technologies (STT) company has just launched sales of its new Sadko 9 vehicle, according to a company press release. This medium-duty 9-ton all-wheel-drive truck is built for rugged conditions and is aimed at buyers requiring off-road capabilities and support for heavy mounted equipment. This all-wheel drive truck has a load capacity of […]

June 1, 2025

Gazprom Boosts Power of Siberia Gas Supplies to China by 35%

Gazprom has boosted gas supplies to China via the Power of Siberia pipeline to 100 billion cubic meters, according to Alexei Miller, Gazprom’s CEO. Miller said, “The first 100 billion cubic meters of Russian gas out of over one trillion envisaged under the industry’s largest gas contract ever have been supplied to China via the […]

June 1, 2025

Rosatom Planning To Commission NPP In Bangladesh, Bolivia and Turkiye

Russia’s Rosatom state nuclear energy corporation will continue working this year to ensure that multiple power units are ready for commissioning in Bangladesh, Bolivia, and Turkiye, according to  Atomenergoprom. The company is a 100% state-owned holding company that unifies the Russian civil nuclear industry and is part of the Rosatom state corporation. Interest on the […]

May 31, 2025

Russian Summer 2025 Outbound Tourist Volumes Expected To Increase 24.8%

Outbound tourism from Russia may reach some 6.4 million this coming summer, which is a 24.8% increase from last year, the Russian Association of Tour Operators (ATOR) said on Friday (May 30). Artur Muradyan, vice president of ATOR for international tourism, said that “The early booking of summer vacations is almost twice as successful this […]

May 31, 2025

Russia’s 2025 Inbound Tourism Volumes Expected To Increase By 20-25%

The Association of Tour Operators of Russia ATOR) has stated that the forecast volumes of inbound tourists to Russia this year was expected to rise by 25% to reach about 2 million visitors, while the number of outbound Russian tourists is expected to increase to 6.4 million during 2025. The predictions were made by Alexander […]

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