News

Latest updates, insights, and analysis.

May 28, 2025

Foreign Business Asset Buy-Back Laws Considered By State Duma

In June, the Russian State Duma will consider a bill prohibiting the buy-back of shares to foreign companies in the second and third readings. The document has already been approved by the Russian Ministry of Finance. The bill describes in which cases foreigners will be refused the ability to buy back their once-owned assets, with […]

May 28, 2025

Russia-China Flights Up 57% Year on Year

Nearly 2,000 flights have been made between Russia and China as of April 2025, up 57% year-on-year, according to Wang Riu of the China National Tourist Office in Moscow. She said, “The number of flights between China and Russia is growing, with flights between Russian and Chinese cities reaching 1,903 in April 2025. This is […]

May 28, 2025

Kaliningrad’s Eco-Farmer To Export Foie Grae and Duck Pate To Kazakhstan

The Kaliningrad-based agricultural consumer processing cooperative Eco-Farmer will ship its first batch of canned meat delicacies for export in June, the press service of the regional Agriculture Ministry said. Eco-Farmer is the only producer of canned foie gras, duck rillettes and pates in the Kaliningrad region. The cooperative began manufacturing these products in 2017. However, […]

May 27, 2025

Russia To Begin Export Mineral Waters To India

Russia’s Aqua Holding LLC (producer of mineral waters Essentuki No. 4, Essentuki No. 17 and Narzan) is to start producing water for consumers in India by the end of this year, according to the company CEO, Svyatoslav Vilk. Vilk stated that “We recently completed all our certification work in India, so we will launch a […]

May 27, 2025

Singapore Further Opens Up Its Poultry Market To Russia

Singapore, which has largely been implementing sanctions imposed by the West upon Russia, is now moving back towards trade normality, and has permitted two additional Russian companies to supply poultry and by-products to its market, according to Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor). Singapore’s responsible authority has granted these rights to the […]

May 27, 2025

Rosatom Proposes Small Nuclear Power Plants And High Capacity Units To Brazil

Russia’s Rosatom state nuclear power corporation has proposed projects to Brazil involving both small nuclear power plants (SNPP) and high-capacity power units, according to Rosatom Latin America Director Ivan Dybov. He commented at the Nuclear Trade & Technology Exchange conference in Brazil. Dybov said that “Emphasizing the importance of nuclear projects for addressing climate challenges […]

May 27, 2025

Vietnam Budget Airline To Launch Vladivostok Flights

The Vietnamese low-cost carrier VietJet Air plans to launch direct regular flights from Hanoi (Noi Bai Airport) to Vladivostok starting June 15, according to Vladivostok Airport’s schedule, with flights operating twice a week on Airbus 321 aircraft. VietJet Air was established in 2007 and positions itself as an international low-cost carrier. Its headquarters is located […]

May 26, 2025

BRICS New Development Bank: 2025 Development Updates

The current expansion of the BRICS New Development Bank (NDB) is taking place in accordance with the implementation of the NDB strategy for 2022-2026, according to the bank’s head, Dilma Rousseff. In addition to the founding members – Brazil, Russia, India, China and South Africa – several new members have joined, including Bangladesh and the […]

May 26, 2025

Colombia To Join BRICS New Development Bank

Colombia intends to join the BRICS New Development Bank (NDB) in 2025, according to Hector Arenas Neira, Colombia’s Ambassador to Russia. Neira said that the decision on this issue was made after talks with NDB head Dilma Rousseff, saying that “the decision has been made. Our president met with the president of the BRICS bank, […]

May 26, 2025

Greek Shipping Owners Profiting From Russian Use Crude Oil Tankers

Data from Vortexa, the shipping analysts, show that Greek shipping operators have jumped at the chance to lift price cap-compliant Russian oil, with the volume of Russian crude being carried on Greek-operated Aframax tankers jumping to a 12-month high. The shipping boost is due to Russia offering discounted oil to buyers in India and Turkiye, […]

May 25, 2025

Russia, Caspian Multilateral Relations: 2025 Updates

Russia has just hosted the fourth meeting of the Interdepartmental Commission on Caspian Cooperation, which was chaired by Russian Foreign Minister Sergey Lavrov. Opening the meeting of the Commission, Lavrov made numerous Caspian development statements, of interest to all those involved in the region. We provide his comments and other recent Caspian-related news as follows:  […]

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