The BRICS nations, currently attending the Annual BRICS Summit in Brasilia, have have concluded an agreement on opening the blocs New Development Bank Eurasian Regional Center in Moscow. The deal was signed off by the NDB President Kundapur Vaman Kamath and Russian Deputy Prime Minister Sergey Storchak, according to Sputnik The office is expected to open[…..]
Iran has begun its new era of Eurasian Economic Union Free Trade, and has signed off an initial agreement with Russia and Kazakhstan to broaden cooperation with those countries within the framework of a recently signed agreement with the Eurasian Economic Union (EAEU).
Op/Ed by Chris Devonshire-Ellis Moscow Seeking Trade Alliances In Emerging Economies Russia has been quietly developing access to new emerging markets in Africa and Asia, and while Russia is a far smaller player than China in terms of influencing global trade flows – with the exception of energy resources – like China, it has a need for[…..]
Strategic Alliances Away From EU & Sanctions Influences Fuel Trade Growth Russian-Hungarian trade turnover increased by 30% in 2018, Russian President Vladimir Putin told reporters after talks with Hungarian Prime Minister Viktor Orban on Wednesday. “Last year, we registered a significant increase in trade turnover, which was almost 30%. This, according to our statistics, is about[…..]
Plans To Connect Sakhalin Island To Selikin City in Khabarovsk, as well as possibly to Hokkaido have been announced by Valery Limarenko, the Governor of Russia’s Sakhalin Region.
Op/Ed by Chris Devonshire-Ellis Indian Anti-China Views Could Stimulate New Delhi To Consider A Eurasian Trade Alternative India has just pulled out of the much-anticipated and long delayed Regional Comprehensive Economic Partnership (RCEP) which will now take place without it. A pan-Asian Free Trade Agreement, RCEP includes the ASEAN member states of Brunei, Cambodia, Indonesia, Laos,[…..]
Dmitry Medvedev, the Russian Prime Minister, has been attending the 14th East Asia Summit as a guest in Bangkok this past few days and has confirmed that Brunei, Indonesia, Cambodia, Thailand and the Philippines have all expressed interest in signing free trade agreements with the Eurasian Economic Union (EAEU).
Russia has implemented a new E-Visa scheme that speeds up the visa approval process. I simplifies the procedures required to enter the country, and allows travelers the option of applying directly online for a visa.
Construction of a new toll highway between Moscow and Kazan will begin next year and is expected to be completed in 2027, according to Maksim Akimov, the Russian Deputy Prime Minister. The project is part of the Europe-Western China corridor currently being constructed.
Op/Ed by Chris Devonshire-Ellis Brussels vs Moscow As West Meets East And Choices Need To Be Made With the news this week that Moscow has invited both Albania and North Macedonia to join the Eurasian Economic Union (EAEU), we can take a look at the European Balkans region and take a quick snap shot of[…..]