Latest updates, insights, and analysis.
Russia imported 20,000 tonnes of seafood from Iran in 2024, up 25% from the previous year, the Russia Fish Union said, citing the European Market Observatory for Fisheries and Aquaculture Products (EUMOFA). In monetary terms, imports also increased 25%, reaching US$60 million in value. Russia accounted for 10% of Iran’s total seafood exports in volume […]
Inter RAO Export Project Management (a division of Inter RAO) plans to develop a project for the construction of the Kiwira thermal power plant (TPP) in Tanzania. The approximate cost is US$1.6 million. In 2025, only the development of the feasibility study is planned, including the contracting of an appropriate subcontractor from the Russian side. […]
The time and cost of shipping containers from China to Russia have significantly decreased, with the supply of transportation now exceeding shipping demand. The transportation time has dropped to three weeks, and the rates on the Shanghai-Moscow route are now about US$5,000 per container. Oleg Poluektov, a Director of logistics for the Russian company ModernWay […]
Russia’s VTB bank has launched phone number-based transfers to Azerbaijan, in moves that circumnavigate the financial sanctions placed on Russian banks using the SWIFT financial transfer service. Russian retail clients can now instantly send money to Azerbaijan using the recipient’s phone number to clients of the subsidiary bank – VTB Azerbaijan. The transfer is made […]
Russia has begun exporting beet pulp (a byproduct of sugar beet processing) to Egypt for the first time. More than 6,500 tonnes of the product were shipped in January, according to Russia’s Agroexport center. Morocco is the largest global buyer of Russian beet pulp, with exports to the country increasing six-fold in January to more […]
This unique and brand new 2025 Guide includes Russia’s trade, investment and development status with Benin, Burkina Faso, Cape Verde, The Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo. West Africa is a diverse region, with a considerable European colonial past and some regional conflicts, especially in the […]
The Russian President, Vladimir Putin, has been discussing bilateral relations with the Tajik President, Emomali Rahmon, in Moscow. They discussed prospects for expanding bilateral relations of strategic partnership and alliance, with a focus on trade, investment, cultural and humanitarian cooperation in addition to exchanging opinions on key regional issues. Both countries are members of the […]
The full free trade agreement between the Eurasian Economic Union (EAEU) countries and Iran will go into effect on May 15, according to Andrei Slepnev, the Eurasian Economic Commission Trade Minister. The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. It fills the geographic space between Eastern Europe and Western China. The EAEU said in […]
The Murmansk Sea Fishing Port (MMRP) plans to expand multimodal shipments of frozen seafood exports, according to its CEO Andrei Borodin. This involves frozen, pre-boiled crab being shipped from MMRP to Vladivostok in refrigerated containers and then by sea to South Korea’s Busan Port. Borodin said that “This pilot project is important because until last […]
Russia and Venezuela are celebrating their 80th year of diplomatic relations this year, with Russian Foreign Minister Sergey Lavrov giving comments on contemporary relations on Friday (March 14). This is an edited overview of what he had to say, concentrating on the trade and investment issues: Background “Today, Russian-Venezuelan relations are developing on a firm […]
The Russian President Vladimir Putin, Belarusian President Alexander Lukashenko and Tajik President Emomali Rahmon, and their Azerbaijani counterpart Ilham Aliyev held informal discussions on Friday (March 14). All are members of the Commonwealth of Independent States, and discussing how to further develop interstate relations. Lukashenko had been on an official visit to Moscow from March […]
Russia and Morocco are to sign another four-year fishing agreement, according to Ilya Shestakov the head of Russia’s Federal Fisheries Agency. He said that “We have submitted a draft order to the government on the signing of a new agreement with the Moroccan side for four years and with the option of extension for another […]
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