News

Latest updates, insights, and analysis.

May 1, 2025

Russia Upgrades Uzbekistan’s National Gas Turbine Infrastructure  

Russia’s United Engine Corporation (UEC), a division of state corporation Rostec, have drawn up a plan to modernize Uzbekistan’s gas pumping infrastructure by updating more than 20 gas compressor units (GCU), according to UEC Engineering LLC CEO Andrei Vorobyov. Uzbekistan is the third largest natural gas producer in the CIS and the second largest consumer. […]

May 1, 2025

Russia’s Lukoil Wins Egyptian Oil Development Contracts 

Egypt’s parliament has approved several bills that authorize the Petroleum and Mineral Resources Ministry to enter into contracts with a number of foreign, including Russian companies to explore and develop its oil and gas fields. South Valley Egyptian Petroleum Holding Company and Lukoil Overseas Egypt secured approval for a concession to explore for and produce […]

May 1, 2025

Russia, Dominican Republic: 2025 Diplomatic & Trade Relations Update

The Russian Foreign Minister, Sergey Lavrov, has been visiting the Caribbean nation of the Dominican Republic in the first visit to the country by a Russian Minister. Lavrov has been in Santo Domingo, the capital, arriving from Brazil where he attended a BRICS foreign ministers meeting. He held meetings with his Dominican counterpart, Roberto Alvarez, […]

May 1, 2025

New Russia, North Korea Road Bridge To Open In Early 2027 

The construction of a road bridge between Russia and North Korea across the Tumen River marks a significant milestone in relations between the two countries, Russian Prime Minister Mikhail Mishustin said during a virtual ceremony commemorating the beginning of the bridge’s construction. That was also attended by Pak Thae Song, the head of the North […]

April 30, 2025

Russian Railways Logistics Launch Cargo Delivery Service to China via Iran

Russian Railways Logistics plans to launch permanent cargo delivery to China via Iran via the International North-South Transport Corridor (INSTC), according to Vera Vtorygina, director of the Russian Railways Logistics branch in Saratov. She was speaking at the “Transport Logistics of the Caspian Region 2025” forum in Astrakhan. In March, a test shipment of potash […]

April 30, 2025

New FESCO Shipping Service Arrives In Indonesia

Russia’s FESCO Transport Group has made its first direct ship call with its container ship to the port of Jakarta (Indonesia) as part of a linear service. The vessel delivered container equipment to Jakarta for further shipments from Indonesia and took on board loaded containers intended for delivery to Malaysia, Thailand and Russia. The container […]

April 30, 2025

Russian Central Bank Warns Of Domestic Risks Over US-China Tariff Wars 

A potential consequence of tariff wars triggered by the new U.S. administration’s decisions for Russian businesses could be the weakening of the Chinese RMB Yuan, and consequently increased competitiveness of Chinese manufacturers in foreign markets, including Russia, Kirill Tremasov, an advisor to the Central Bank of Russia’s governor has stated. Tremasov said that “One possible […]

April 30, 2025

Russia Looks To Algeria As An African Market Entry Hub 

Algerian infrastructure can become a hub for Russia, providing it with access to African markets, according to Ahmed Azimov, chairman of the Russian-Algerian Business Council. Azimov stated that mechanisms have already been outlined that will help companies from Russia to explore new areas faster and more safely. Azimov was commenting after a Russian business mission […]

April 30, 2025

Russia, Ethiopia Discuss Trade, Investment and BRICS Development

Russian Foreign Minister Sergey Lavrov has met with the Ethiopian Foreign Minister, Gedion Timotheos on the sidelines of the BRICS Foreign Ministers Council meeting in Rio de Janeiro. The ministers reaffirmed their mutual commitment to further expanding multifaceted bilateral cooperation in areas of shared interest. They also expressed support for deepening Russian-Ethiopian engagement within various […]

April 29, 2025

BRICS Foreign Ministers Annual Meeting Takes Place In Rio De Janeiro

The 2025, Brazil-chaired meeting of BRICS Foreign Ministers has been taking place in Rio de Janeiro, with Russian Foreign Minister Sergey Lavrov attending.   The ministers have been holding an in-depth exchange of views on a broad range of current international issues and collaboration. They also discussed further BRICS cooperation and preparations for the 17th […]

April 29, 2025

Russia, Thailand Discuss Bilateral Trade & BRICS Cooperation

The Russian Foreign Minister, Sergey Lavrov has been discussing the enhancement of bilateral trade and economic relations, and the coordination of the BRICS framework, with his Thai counterpart, Maris Sangiampongsa. The Ministers met at the BRICS Foreign Ministers’ meeting in Rio de Janeiro. The Russian Foreign Ministry said that the two sides “aligned their positions […]

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