Latest updates, insights, and analysis.
The Russian Foreign Minister, Sergey Lavrov, has held phone discussions with Peter Szijjártó, Hungary’s Foreign Minister. Hungary is a member of the European Union, but it has been extremely critical of Brussels’ approach towards Russia and is seeking to maintain cordial and developing ties with Moscow. Russia is working out the contours of a future […]
Russia is eying opportunities to enter the Latin American gas market, with the main LNG customers expected to be Argentina, Bolivia, and Chile. Despite the vaguely anti-Russian rhetoric of Argentinian President Milei, interest from Argentina remains, and the country possesses LNG terminals capable of receiving Russian gas. Bolivia, meanwhile, is Russia’s closest partner and logistics […]
Russia has been elected to the UN Economic and Social Council (ECOSOC), following a vote by the United Nations General Assembly. The move can be expected to alarm the collective West; however, the move makes strategic sense as ECOSOC coordinates the organization’s economic, social, and humanitarian activities. It is one of the UN’s six main […]
The Secretary of the Russian Security Council, Sergei Shoigu, has met with the North Korean leader Kim Jong-un in Pyongyang, with the Korean Central News Agency (KCNA) stating that the North Korean government will continue to “unconditionally support Moscow” in the conflict in Ukraine. Their statement read, “Comrade Kim Jong-un assured that the government of […]
The Russian President, Vladimir Putin, has spoken with Pope Leo XIV, in what was described as “a constructive” phone conversation on Wednesday (June 4) during which they discussed a number of topics, including the Ukraine conflict. One of the issues was humanitarian: Ukraine has apparently refused to receive the bodies of 6,000 dead Ukrainian and […]
Over the past six years, the trade turnover between Russia and the United Arab Emirates (UAE) has grown 2.7 times, from US$3.5 billion in 2019 to US$9.5 billion by the end of 2024, according to Abdullah Ahmed Al Saleh, the Deputy Economic Minister of the UAE. Meanwhile, shipments of goods from the UAE to Russia […]
Russia’s FESCO Transport Group has been making shipments of equipment in specialized Flat Rack containers to the Kaliningrad region from the Indian port of Mundra, Mumbai. The oversized cargo is intended for the construction of a new food production plant in Kaliningrad. Three shipments have already been delivered, with a total volume of 64 TEU. […]
Russia’s Roscosmos is planning to send space tourists to the Russian space station currently under development, according to Roscosmos CEO Dmitry Bakanov. He stated that “Instead of the ISS (International Space Station), there will be a Russian space station where we are planning to develop tourist missions as well.” Russia is creating the new station […]
Roman Starovoit, the Russian Minister of Transport, has had video discussions with Mammetkhan Chakyev, Head of the Agency for Transport and Communications of Turkmenistan. The meeting focused on the development of international transport projects. The key topic of discussion was the expansion of opportunities for road freight transportation. The parties discussed ways to increase the […]
The Russian Agricultural Bank (RusAg) is considering using cryptocurrencies for settlements in grain trading, the bank has stated. RusAg first deputy CEO Irina Zhachkina said that “We believe that cryptocurrencies could be a convenient alternative instrument, and we are now exploring the possibility of using cryptocurrency instruments for settlements in grain trading with the Bank […]
The Russian government will allocate nearly ₽860 million (US$11 million) this year to finance the development of industrial parks and techno parks in numerous regions. Industrial and technological parks were a key component of China’s manufacturing success from the early 2000’s to the present day. They offer investment incentives, such as tax breaks, reduced utility […]
The 4th Caspian Region Transport and Logistics International Forum has been taking place in Astrakhan, with specific technical discussions over the performances of the region’s ports. Delegates visited the facilities of VTS Group, Astrakhan Port, the shipbuilding operations of YUCSS, and the Kutum freight terminal of Russian Railways. The event was chaired by Mikhail Kabakov, […]
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