In light of the United States threatening Turkish banks with sanctions and SWIFT disconnection if they continued to operate Russian MIR payment cards for Russians visiting Turkiye, Ankara has been discussing a solution.
Gazprom is beginning construction (overhaul) of the Nadym – Pangody section of railroad, which will become a part of the Northern Latitudinal Railway, the company has said. The Northern Latitudinal Railway will allow for organizing a direct connection between Northern and Sverdlovsk railroads on the Obskaya – Salekhard – Nadym – Pangody – Novy Urengoy[…..]
Kaliningrad’s Khrabrovo Airport intends to attract airlines from the Persian Gulf and Asia with its open skies policy. Airport CEO Alexander Korytny has stated that “The open skies regime of the Seventh Freedom of the Air established for Khrabrovo Airport by the Federal Air Transport Agency as of October 1 opens up new opportunities for[…..]
Russian exports to EU up 69.9% and EU exports to Russia down 33% as sanctions and increased energy costs harm EU exporters Despite sanctions, bilateral trade volumes between Russia and the European Union countries actually increased during the period January-July 2022, according to the EU’s own monitoring department, Eurostat. Trade turnover for the period reached[…..]
Reloading to take place at Belarus and Russian borders for final deliveries Russia has banned cargo transportation by road for companies from countries that placed similar restrictions on Russia. The decree was signed by Prime Minister Mikhail Mishustin and published on the country’s official internet portal for legal information on Saturday (October 1). According to[…..]
Another result in the trend of Russia’s regional Governments taking the initiative to expand international trade ties has arisen with the Governor of St. Petersburg, Alexander Beglov, holding trade and investment discussions with the President of Turkmenistan Serdar Berdimuhamedov.
Agreement to provide grain and energy supplies The Afghanistan Government, the Taliban, has signed a provisional deal for Russia to supply petrol, diesel, gas and wheat to the country, according to the Afghani Acting Commerce and Industry Minister Haji Nooruddin Azizi.
By Chris Devonshire-Ellis Controversial referendums are taking place in four disputed regions between Russia and Ukraine. We provide a regional overview and the implications should they be annexed. Referendums have been held in four disputed regions between Ukraine and Russia: Donetsk and the Lugansk People’s Republics and the Zaporozhye and Kherson Regions. It should be[…..]
In a growing trend of Russian regions reaching out to create new business opportunities directly with sovereign nations, the Tomsk Oblast (province) of Russia has sent a business mission to Azerbaijan. Businesses from Tomsk are discussing bilateral trade with Azeri counterparts in Baku from September 26-28.
Russia’s Central Bank and the Finance Ministry have agreed on a draft bill to introduce the use of bitcoin and cryptocurrencies in international trade settlements. Russian Deputy Finance Minister Alexei Moiseev said the bill “describes how cryptocurrency can be purchased, what can be done with it, and how cross-border settlements can or cannot be made.”[…..]