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Fertilizer

Russian Fertilizer Production Reaches Record Levels

Agriculture, Exports, Trade

Russian fertilizer production exceeded 63 million tonnes in 2024, rising 6%-7% year-on-year, Russian Fertilizer Producers Association (RAPU) CEO Andrei Guryev has stated, saying “We will produce more than 63 million tonnes of all types of mineral fertilizers in 2024. This is an absolute record not seen since Soviet times. The absolute growth year-on-year will be […]

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HCMC Port

Russia’s FESCO Shipping Sets Up In Vietnam

Asia, Exports, Imports, Logistics & Transport, Trade

Russia’s FESCO Transportation Group has opened a subsidiary enterprise in Vietnam to develop maritime and intermodal container transportation in Southeast Asian countries, the company has said. DBF Logistics Vietnam will ensure the smooth operation and development of the group’s services in Vietnam, including the regular FESCO Vietnam Direct Line which connects Vladivostok with the ports

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Russia – Japan Total Trade Down, But Russian Exports To Japan Up

Asia, China, Russian Market, Trade

The practical difficulties of imposing sanctions upon Russia on an economy are adequately shown in Russia’s 2024 bilateral trade data with Japan, which has declined by 15.9% during 2024. However, a closer look at the data reveals that the trade damage inflicted has been on Japanese products – its exports to Russia were down 22.2%,

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Belarus

Direct Minsk – Urumqi Flights Now Underway

China, Commonwealth of Independent States, Eurasian Economic Union, Logistics & Transport, Trade

Belarus’s Belavia Airlines has launched regular flights from Minsk to Urumqi, the capital of northwest China’s Xinjiang Province. It is the largest and wealthiest city in Central Asia. The first flight had over 75% occupancy. The Urumqi-Minsk flight also delivered over three tonnes of cargo, mainly parts for Chinese-manufactured cars, along with the passengers. It

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Direct Sharjah – Sochi Flights To Start From June 2025

BRICS, Eurasian Economic Union, Logistics & Transport, Middle East, Russian Market, Trade

Air Arabia plans to launch direct flights on the Sharjah, of the United Arab Emirates, to Sochi on  Russia’s Black Sea Coast route starting from June 27, 2025, according to Sochi Airport. Flights will operate three times per week on Mondays, Wednesdays, and Fridays on narrow-body Airbus A320 aircraft, with travel time just under four

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Russian Tajikistan Flag

Russia – Tajikistan Bilateral Trade Up 18.4% In 9M 2024

Commonwealth of Independent States, Russia's Belt & Road, Trade

The Russian Ambassador to Tajikistan, Semyon Grigoriev, has said that the bilateral trade turnover between Russia and Tajikistan rose 18.4% year-on-year to around US$1.4 billion between January to September 2024. This implies an annual total turnover of about US$1.87 billion for the full year. Grigoriev said during an interview with Tajikistan’s National Information Agency that

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Russia’s Promsvyazbank Developing US Dollar ATM Network In Nicaragua

Economy, Finance, Infrastructure, Latin America

Russia’s Promsvyazbank (PSB) has begun developing a Russian payment infrastructure in Nicaragua and will develop an ATM network in the country, the bank has stated. PSB has installed its first ATM in the Nicaraguan capital, Managua, at a branch of Credicoop R.L. bank. It provides customers with access to cash operations in the national currency,

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