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    Russia’s 2021 Exports By Sector And Country

    Russia is diversifying, widening and increasing its export base   The Russian Federal Customs Service (FCS) has released data that shows for the first ten months of 2021, Russia’s total exports reached $388.4 billion, an increase of 42.8% over 2020. This has been due to a number of factors, not least being a Covid recovery, but also[…..]

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    How Will Russian And Asian Trade Develop If The US & EU Put More Sanctions In Place?

    By Chris Devonshire-Ellis  Moscow has already diversified its supply chains away from the EU The threat of significant sanctions continues to loom for Russia as the United States appears to almost be willing Moscow to invade Ukraine to enable it to do so – and bring the European Union alongside it in cutting Russia adrift[…..]

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    Russia Studies Rail Link To The Arctic Barents Sea

    Proposals likely to include rail links to Indiga, a new Arctic Port with a capacity to 200 million tonnes by 2025 Russian President Vladimir Putin has tasked his government with submitting proposals to build a railway link to the Barents Sea coast as Moscow races to develop the Arctic. The President has made Russia’s Arctic[…..]

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    Vietnam Eyes Increased Eurasian Economic Union Exports

    Ta Hoang Linh, a director of the European Market Department under Vietnam’s Ministry of Industry and Trade (MoIT), has said that the Eurasian region of 28 countries, stretching from Eastern Europe to Central Asia, is a significant potential export market for Vietnam. Being flexible in accessing distribution systems, overcoming logistical difficulties, and making good use[…..]

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    Russia And China To Develop SWIFT Avoiding International Financial Systems

    By Chris Devonshire-Ellis  Distrust of the United States is leading to the eventual rise of alternative global payment systems Russia and China have agreed to develop shared financial structures to deepen economic ties in a way that will not be affected by pressure of third countries. The move will help both countries reduce the threat of[…..]

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    Russia Issues Restrictions On Use Of Offshore Holding Companies

    Offshore ownership threshold now limited to below 25% from 1st January 2023, paving the way for Russian corporate legal restructuring Russia will ban businesses with significant offshore ownership from receiving government support as part of Moscow’s ongoing campaign to push Russian firms to bring their corporate headquarters back home. Firms where offshore entities have a stake of at[…..]

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    Bangladesh Makes Formal Application To Join Eurasian Economic Union

    By Chris Devonshire-Ellis Bangladesh is a member of SAARC and BIMSTEC Trade Blocs and offers significant opportunities for Russian and EAEU investors Bangladesh has formally proposed to the Eurasian Economic Union (EAEU) to strike free-trade agreement (FTA), as the country prepares for a socioeconomic status change. The proposal was made last week on the back of[…..]

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    Important Meetings Line Up As NATO, EU & Russia Talk Ukraine

    World stands on brink of a new Cold War and the end of globalisation if security talks fail and Russia invades Ukraine NATO’s top diplomats are holding an extraordinary virtual meeting today (Friday, January 7) to address Russia’s requirements relating to European security issues. They will discuss Russia’s military build-up in (NATO refers to Crimea) and[…..]

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    Russia, Mongolia, To Boost Trade And Economic Ties

    2021 Bilateral Trade Grew By 24% Russia and Mongolia have adopted a declaration that sets clear targets in terms of boosting cooperation between the two countries, Russian President Vladimir Putin announced following talks with his Mongolian counterpart Ukhnaagiin Khurelsukh late last month.

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    Kazakhstan Unrest: Rolling Coverage

    Latest, January 10 Calm has appeared on the streets on Kazakhstan as military forces have regained control. Russia soldiers are in charge of the Baikonur Space City. Kazakhstan’s former Head of National Security, Kazim Massimov, along with other national security personnel have been arrested and charged with treason, a situation that points to a possible[…..]

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