News

Latest updates, insights, and analysis.

April 10, 2025

Russian-Kyrgyz Development Fund To Increase 2025 Financing By 7.8%    

The Russian-Kyrgyz Development Fund (RKDF) plans to allocate US$161 million to finance investment projects this year, the RKDF has stated. The fund’s financing amounted to US$149.3 million in 2024. The new figures mean it will increase 7.8% in 2025. During the year, US$141 million is expected to go towards direct project financing, and another US$20 […]

April 10, 2025

Russia’s AirBridgeCargo May Resume Operations During 2025  

AirBridgeCargo, the largest cargo airline in Russia until 2022, has said it may resume operations in 2025, according to its latest financial statements. These state that “The company is monitoring changes in the geopolitical situation and expects that in 2025 there will be an opportunity to implement plans to resume operations.” AirBridgeCargo suspended flights after […]

April 9, 2025

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 […]

April 9, 2025

African Agriculture Student Applications For Study In Russia Increase 500%

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 […]

April 9, 2025

Russia Imports Its First Shipment Of Dates From Dubai

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 […]

April 8, 2025

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

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 […]

April 8, 2025

Russia Developing Agricultural Export Trade With North Korea

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 […]

April 8, 2025

Russia Begins UAZ Auto Assembly In Cuba  

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 […]

April 8, 2025

Russia’s MIR ATM Cards International Use: Update

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 […]

April 7, 2025

Russian Agricultural Exports To Cuba Up 20% In 2024  

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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