News

Japan To Keep Its Stake In Russia’s Sakhalin Island LNG Project

Japan will continue participating in Russian liquefied natural gas (LNG) projects on Sakhalin Island due to their strategic importance for the country’s energy security, according to Tokyo’s 2025 edition of its Diplomatic Blue Book, which outlines Japan’s foreign affairs activities. Japan has supported the Western sanctions imposed on Russia over the Ukraine conflict and has […]

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African Agriculture Student Applications For Study In Russia Increase 500%

Africa, Agriculture, Trade

The number of African student applicants to study in Russian University agricultural programmes have grown fivefold from 2020-25, according to Russia’s Federal Agency for International Cooperation. Officially known as the Federal Agency for the Commonwealth of Independent States, Compatriots Living Abroad, and International Humanitarian Cooperation (Rossotrudnichestvo) it operates as a federal executive body responsible for

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Russia Imports Its First Shipment Of Dates From Dubai

Agriculture, Imports, Middle East, Russian Market

In another sign of shifting supply chains, Russia’s FESCO Transport Group has organised the first shipment of imported dates in a refrigerated container from Dubai (United Arab Emirates) to Russia. 23 tonnes of dried dates were loaded into a FESCO refrigerated container and delivered to the UAE’s Jebel Ali Port. The cargo was then loaded

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Will Trumps’ New 104% China Import Tariffs Increase China’s BRICS Trade?

BRICS, Economy, Exports, Security, Trade

The US President Donald Trump has raised import tariffs on Chinese goods by an astonishing 104% from today, April 9th. The move comes after China rose its tariffs on US goods by an additional 34% two days ago in response to the original tariffs Trump had placed on Chinese imports by the same amount last

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Russia, Iran and China Hold Trilateral Talks About Iran’s Nuclear Programme

China, Middle East, Security, Shanghai Cooperation Organisation

Trilateral talks between representatives of Iran, Russia, and China on the Iranian nuclear program have been taking place in Moscow (April 8). The talks were arranged a day after Iranian Foreign Minister Abbas Araghchi rejected as “meaningless” US President Donald Trump’s proposal for direct negotiations on reviving a nuclear deal. Tehran refuses to engage in

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Russia Developing Agricultural Export Trade With North Korea

Agriculture, Asia, Exports, Trade

Russia expanded its assortment of agricultural exports to North Korea in 2024, with the country relaxing some of its covid-era restrictions. Russia resumed exporting sunflower oil, pork, frozen fish and soybeans to North Korea, with wheat, sugar and sunflower oil immediately becoming the top three agricultural exports to the country. The Russian Agroexport Center has

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Russia Begins UAZ Auto Assembly In Cuba

BRICS, Exports, Investment, Latin America, Trade

The Russian auto manufacturer Sollers has begun the assembly of UAZ vehicles in Cuba, the company has stated. The project has been implemented by Sollers, UAZ distributor Echo-Export LLC, and with the Cuban company EISA. Modern assembly equipment has been installed at a factory located in the industrial zone of the Cuban capital Havana, and

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Russia’s MIR ATM Cards International Use: Update

Economy, Exports, Finance, Infrastructure, Russian Market, Trade

The Bank of Russia Chairwoman, Elvira Nabiullina has stated that Russia’s MIR card is being accepted in more countries, despite Western sanctions. She was speaking to the State Duma, the lower house of the Russian parliament. The main countries that are accepting MIR transactions are in friendly countries where Russian tourists tend to visit. Some

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Russian Agricultural Exports To Cuba Up 20% In 2024

Agriculture, BRICS, Exports, Latin America

Russia’s agricultural exports to Cuba grew by 20.1% in value during 2024, according to Russia’s Deputy Agriculture Minister Maxim Titov and the Cuban Deputy Agriculture Minister Telse Abdel Gonzalez Morera, who have been discussing bilateral agricultural trade. Agricultural trade between the two countries grew by 13.4%, meaning Russia’s exports to Cuba grew more than vice-versa.

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Eurasian Economic Union To Adopt Goods Trade Accounting System

Eurasian Economic Union, Infrastructure, Regulatory, Trade

The Eurasian Economic Commission, the regulatory body overseeing the Eurasian Economic Union (EAEU), has drafted requirements for use of the Authorised Economic Operator (AEO) system. These were determined at the EAEU headquarters, chaired by Alexander Titov, Director of the Department of Customs Legislation and Law Enforcement Practice, and was attended by about 50 representatives of

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