News

Russia To Develop Space Tourism Industry: Prospects

China, India, Infrastructure, Logistics & Transport, Russian Market, Trade

Russia’s Roscosmos is planning to send space tourists to the Russian space station currently under development, according to Roscosmos CEO Dmitry Bakanov. He stated that “Instead of the ISS (International Space Station), there will be a Russian space station where we are planning to develop tourist missions as well.” Russia is creating the new station […]

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Russia, Turkmenistan Discuss International North-South Transportation Corridor Rail Cooperation

Asia, Infrastructure, Logistics & Transport, Trade

Roman Starovoit, the Russian Minister of Transport, has had video discussions with Mammetkhan Chakyev, Head of the Agency for Transport and Communications of Turkmenistan. The meeting focused on the development of international transport projects. The key topic of discussion was the expansion of opportunities for road freight transportation. The parties discussed ways to increase the

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Russian Agricultural Bank Considering Cryptocurrencies in Grain Trade Settlements

Agriculture, Economy, Exports, Finance, Trade

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

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Russia To Invest Millions Into The Creation Of New Industrial Parks

Economy, Exports, Finance, Russian Market, Trade

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

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

Asia, Commonwealth of Independent States, Eurasian Economic Union, Infrastructure, Logistics & Transport, Middle East

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,

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First Shanghai-Minsk TIR Container Truck By Road Departs

China, Commonwealth of Independent States, Eurasian Economic Union, Infrastructure, Logistics & Transport

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

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Western Siberian River Traffic Growing 20-25% As Russia’s River Logistics Boom

Commonwealth of Independent States, Infrastructure, Investment, Logistics & Transport, Russian Market

Sergey Pavlushkin, a director of the Association of Shipowners of Western Siberia has stated that traffic volumes along the regions rivers has been growing steadily with annual increases of 20-25% since 2019. Between 2015 and 2024, local river transport volumes rose from 80,000 to 431,000 passengers and from 700,000 to nearly 1.6 million tonnes of

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

Logistics & Transport, Russian Market

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

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Why Russia’s Pivot To Asia Didn’t Cover The Russia-Pakistan Steel Plant Story

Asia, India, Russian Market

Several major Western and international media outlets covered a story that claimed Russia was investing US$2.6 billion in re-building a Pakistani steel plant in Karachi. That news appeared here, here, here, here, and here amongst much other coverage. So why didn’t Russia’s Pivot To Asia cover this story? The reason is simple: in this age

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

China, Energy, Exports, Infrastructure

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

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RUSSIA'S PIVOT TO ASIA

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