Latest updates, insights, and analysis.
February 27 Update: Russian and American diplomats will meet in Istanbul on Friday, February 27 to discuss administrative and communication problems in the work of the two countries’ embassies, which stacked up as a result of activities of the previous US administration. The two sides stated that meeting in Istanbul will make it clear “how fast […]
The Primorsky Krai regional Government in Russia’s Far East has said that the local JSC Nakhodka Ship Repair Plant (NSRY) plans to assemble Chinese ship engines at its facilities. Cooperation in shipbuilding was discussed at a meeting between various managers of numerous industrial enterprises from Primorye and China on Tuesday (February 25) in Vladivostok. Anatoly […]
Dmitry Mazepin, of the Russian Union of Industrialists and Entrepreneurs (RSPP) has said that Russia is looking to increase its fertilizer exports to Ghana. The West African country has experienced a decline in agricultural output in recent years, contributing to a global cocoa bean shortage and rising prices. Ghana, along with the Ivory Coast, are […]
The Russian Foreign Minister, Sergey Lavrov was in South Africa last week attending the G20 Foreign Ministers meetings. During that event, he met with Ronald Lamola, the South African Foreign Minister. The two underscored the need for closer foreign policy coordination at the United Nations as well as the G20 and BRICS, highlighting the significance […]
Rail cargo transportation in both directions between Russia and China increased by 9.1% compared to January 2024, to 3.5 million tonnes, Russian Railways has stated. 3.3 million tonnes were Russian exports, an increase of 8.9%. 1.7 million tonnes of cargo were exported to China through the Zabaikalsk – Manchuria railway border crossing, between Zabaykalsky Krai […]
Russian Prime Minister Mikhail Mishustin has signed a decree increasing funding for projects aimed at developing economic growth centres in the Russian Far East by another ₽32 billion (US$360 million). The total amount available in the state budget is now ₽73.3 billion (US$830 million). Mishustin said “This will ensure federal co-financing for projects implemented under […]
Maxim Reshetnikov, the Russian Economic Development Minister and Kan Zaw, Myanmar’s Investment and Foreign Economic Relations Minister have signed a memorandum on investment cooperation in Myanmar’s Dawei Special Economic Zone. The document was signed at the fifth intergovernmental Russian-Myanmar commission for commercial and economic cooperation during the Russian delegation’s official visit to Naypyidaw, Myanmar’s capital […]
Freight rail transportation between Russia and Pakistan is scheduled to begin from March 2025, according to the Russian Ministry of Transport. The announcement was made following the results of the Third Caspian Economic Forum in Tehran, during which Russia and Iran signed a Practical Action Plan for cooperation in the transport sector for 2025. This […]
Russia’s FESCO Transport has begun regular ship calls from Vladivostok to South Korea’s Gwangyang port as part of the expansion of the FESCO Korea Soviet Direct Line (KSDL) route. The cargo flow to Gwangyang is mainly Russian timber industry products, which are delivered to various industries in the country. The main KSDL route connects Vladivostok […]
Moscow and Washington are to conduct talks initially addressing irritants to their bilateral relations at the end of the next week, Russian Deputy Foreign Minister Sergey Ryabkov has stated. The discussions are to iron out and talk through problematic differences between the two sides and will involve “political directors” – presumably meaning political policy decision […]
A new logistics line for commercial transportation, dubbed the “Thai Express” will connect Russia’s Novorossiysk Port to Bangkok. It has been created by A7 Holdings and Novostal-M, with the first ships of the Thai Express to commence service from July this year. Delivery will take at least 30 days. In addition, the cargo turnover from […]
The ex-Volkswagen auto-manufacturing plant at Kaluga is launching auto manufacturing of cars under Russia’s Tenet brand, according to regional governor Vladislav Shapsha. Volkswagen exited the Russian market in 2023, selling the business to their Russian dealership, Avilon, who paid an estimated US$135 million for VW’s Russian business. Volkswagen reportedly invested more than US$800 million to […]
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