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    Russian, Turkish Banks In Talks To Allow Russians Access To Turkiye’s Troy Payment Card System

    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. 

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    Gazprom Starts Work On The Arctic Northern Latitudinal Railway

    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[…..]

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    Russia-European Union Bilateral Trade Increased 30.1% In 7M 2022

    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[…..]

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    St. Petersburg Develops Trade Ties With Turkmenistan

    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.

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    Russia To Begin Bilateral Trade With Afghanistan

    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.

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    An Introduction To The Russian/Ukrainian Referendum Regions

    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[…..]

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    Russia’s Tomsk Region Reaches Out To Improve Azerbaijan & Middle Corridor Trade

    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.

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    Russia Moves Closer To Legalizing Cryptocurrencies In International Trade

    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.”[…..]

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    Blok’s ‘The Twelve’ Becomes An Analogy For Ukraine

    By Chris Devonshire-Ellis The Mariinsky Theatre in St. Petersburg have been holding a premiere of a performance of Aleksander Blok’s poem “The Twelve” in ballet format, containing music by local composer Boris Tishchenko – whose family herald from Ukraine.

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    US Threatens Turkey With Sanctions Over Russia’s MIR Card Usage

    Turkey stands to lose billions in revenues if the US imposes sanctions, but stands to lose freedom of trade sovereignty if it falls into line.  The Turkish President, Recep Erdoğan is convening a high-level Government economy-focused meeting on Friday (September 23) at which Russia’s MIR payment system and possible Western sanctions will be discussed.

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