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Mongolia

Mongolia Runs Into Budgetary Problems With Russian Road & Rail Connectivity

Asia, Eurasian Economic Union, Finance, Infrastructure, Trade

Mongolia’s 2025 budget has run out of money to repair access roads to its largest border crossing with Russia. Eight road projects, including the repair of the highway from the largest automobile border crossing at Altanbulag on the border with Russia, were excluded from Mongolia’s budget for 2025. Altanbulag is the largest automobile checkpoint on

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Iran Gas

Russia, Iran, To Work On Gas Pipeline With Capacity Greater Than Russian Supplies To Europe

BRICS, Energy, Exports, Infrastructure, Middle East, Trade

The Russian President, Vladimir Putin, has been discussing the development of a natural gas pipeline from Russia to Iran, stating that while the project will be implemented despite some difficulties, it will go ahead. Putin was speaking following talks with Iranian President Masoud Pezeshkian in Moscow on Friday (January 17). Putin said that “Speaking of

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Rubles Rials

Russia’s VTB Bank To Open Full Banking Services In Iran

BRICS, Economy, Eurasian Economic Union, Finance, Middle East, Trade

Russia’s VTB bank plans to open a full-fledged subsidiary bank in Iran by the end of 2025, the bank’s President and Board Chairman Andrei Kostin has stated. VTB opened a representative office in Iran in 2023. Kostin said that “We plan to open a full-service bank by the end of this year. VTB will be

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INSTC

Eastern Section Of The North-South Transport Corridor Volumes Increased Threefold In 2024

BRICS, India, Infrastructure, Logistics & Transport, Middle East, Russia's Belt & Road, Trade

The Iranian Ambassador to Russia, Kazem Jalali, has said that during 2024, between 1.8 million and 2 million tonnes of cargo were transported along the eastern branch of the North-South international transport corridor, which leads to Iran through Kazakhstan and Turkmenistan. This is approximately three times more than in 2023. Two other branches of this

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Iran

Russia, Iran Sign 20 Year Comprehensive Strategic Partnership Treaty 

BRICS, Middle East, Regulatory, Security, Trade

President Vladimir Putin of Russia and President Masoud Pezeshkian of Iran have been holding talks at the Kremlin on Friday (January 17) and have signed a Comprehensive Strategic Partnership Treaty. According to officials from both counties, the document covers multiple areas, including defense, the fight against terrorism, the energy sector, finances, transport, industries, agriculture, culture,

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Russian Toga

Russia Exports First Shipment Of Wheat To Togo

Africa, Agriculture, Exports, Trade

Russia has dispatched its first shipment of wheat to Togo, food safety watchdog Rosselkhoznadzor has announced. The 27,000-ton consignment left Leningard region, having been inspected and certified by specialists. Rosselkhoznadzor has issued safety and quality certificates, as well as a quarantine phytosanitary condition report. A total of 123,000 tons of wheat has been inspected for

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