Latest updates, insights, and analysis.
The Uzbekistan President, Shavkat Mirziyoyev has signed a decree for the country’s accession to the Eurasian Development Bank (EDB), with the country purchasing 777,777 shares in the EDB’s charter capital with a nominal value of US$1,000 each. Of these, 168,411 shares (21.7%) are paid-in, and 609,366 shares (78.3%) are to be paid upon demand. The […]
The St. Petersburg International Mercantile Exchange (SPIMEX) and Pakistan-based KMAK Group have signed a memorandum of understanding on the development of exchange trading, SPIMEX has stated, following a meeting of the Russia-Pakistan Intergovernmental Commission for trade and investment. SPIMEX stated that “Wheat is being considered as the Russian export commodity for the first transactions, and […]
The Russian Finance Ministry is to hold negotiations in response to a request from Bahrain to conclude a Double Tax Treaty Agreement (DTA), according to Deputy Finance Minister Alexei Sazanov. Bahrain made the request in June. DTAs are useful when trade, especially in services and investment, is developing between two countries when their respective tax […]
Russia’s Prime Minister, Mikhail Mishustin, has announced plans for a massive high-speed rail (HSR) network. It is set to be the largest in Europe, spanning more than 4,500 km, and will use domestically built trains capable of reaching 400 kilometers per hour (kph). Mishustin said the new line will cut travel time between Moscow and […]
Russia is interested in setting up production of sunflower oil in Egypt, with the issue raised during a Russian delegation’s visit to Cairo, according to Russian Deputy Prime Minister Alexei Overchuk, who led the delegation. He said that “We have very active cooperation in agriculture with Egypt, which buys ours, and we’re discussing setting up […]
The Russian company Basis LLC, a joint venture between Rostelecom, Yadro, and GS Invest that develops software for managing dynamic IT infrastructure, has reached an agreement to supply its solutions to Banif Investimento Participacoes S.A., a Brazilian provider of investment banking services. The companies signed an agreement at the Kazan Digital Week 2025 forum, which […]
The Serbian Ambassador to Moscow, Momčilo Babić, has said that the Serbian government has begun a substantive dialogue with Rosatom on a Nuclear Power Plant (NPP) construction project. The Serbian Parliament has now lifted a prior moratorium on nuclear power plant construction, due to a projected quadrupling of national energy consumption by 2050. Belgrade is […]
Russia became one of the top five exporters of agricultural products to the Indian market for the first time during 2024, according to Russia’s Agroexport. They mentioned the statistic in a report which it has prepared ahead of a business trip to India for Russian exporters on September 25-28. Agroexport said that Russia retained a […]
The first ‘business accelerator’ in Russia, assisting local businesses to do business in China, has opened in Russia’s Ryazan region. Russian experts possessing China expertise will help prepare local entrepreneurs to work with Chinese partners, according to Pavel Malkov, the regional governor. He stated that “The first country accelerator for China is launching today. Sinology […]
The growth rate of the Russian economy should outpace the dynamics of the global economy, President Vladimir Putin has said at a government meeting on economic issues. He stated, “It is obvious that the stability of public finances and the implementation of planned projects and programs directly depend on the state of affairs in the […]
The Head of the European Union’s Foreign Policy, Kara Kallas, has called for a complete ban of the EU issuing visas for Russian nationals, with a post on X stating, “Stop issuing tourist visas to Russians. Visiting Europe is a privilege, not a human right.” That position has been contradicted by the European Commissioner for […]
Russia’s Security Council Secretary, Sergey Shoigu, has been visiting Baghdad and has been holding meetings with Iraq’s top political and military leadership during his visit to the country. Visits of this type typically involve security issues; however, these can also interface with regional trade and investment projects. Shoigu said that communications between Moscow and Baghdad […]
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