Latest News

Showing 10 of 477 articles
  • by

    Serbia To Become Route Between Eurasia & Europe As It Signs Off EAEU Free Trade Deal

    Russia and China making trade inroads into South-Eastern Europe Op/Ed by Chris Devonshire-Ellis The Russian Ambassador to Serbia, Alexander Botsan-Kharchenko has announced that Serbia will sign off a Free Trade Agreement with the Eurasian Economic Union (EAEU) on 25th October. The EAEU comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia and is a free trade area[…..]

  • by

    Russia Takes Advantage Of US-China Trade War To Expand Grain Export Potential

    US losing its grain export markets as purchasers look to alternative Eurasian suppliers Russian state-controlled bank VTB said on Thursday that it had completed its purchase of a 70% stake in local grain trader Mirogroup, expanding the lender’s diversification into the grain export business. This comes as China has been looking to Russia to purchase[…..]

  • by

    Thailand Wants To Expand Its Eastern Economic Corridor To The Russia Market

    Food security opportunities for Thai investors In Russia, Manufacturing & re-export opportunities for Russian businesses in Thailand Following recent meetings between the Foreign Ministers of Russia and Thailand, at which the two countries pledged to triple their bilateral trade to turnover, Supant Mongkolsuthree, the Chairman of the Federation of Thai Industries (FTI) has shown enthusiasm[…..]

  • by

    Russia, India Want To Increase Bilateral Trade To US$30 Billion In Next Five Years

    Opportunities for Russian investors in India Russia and India have stated a goal to diversify and deepen bilateral economic ties in priority sectors to meet the bilateral trade target of USD 30 billion by 2025, the Indian Ministry of Commerce has stated. Russia’s Deputy Prime Minister Yuri Trutnev and Indian Commerce and Industry Minister Piyush[…..]

  • by

    Business Opportunities For Russian Companies In ASEAN

    Op/Ed by Chris Devonshire-Ellis Adding Russian Component Parts To Lower Cost ASEAN Production Makes A Lot Of Business Sense Russian interest in Asia extends to the Eurasian Economic Union (EAEU), which comprises the countries of Armenia, Belarus, Kazakhstan, Kyrgyzstan (and Russia). This trade bloc extends from the western borders of China to the eastern borders[…..]

  • by

    Fitch Upgrades Russian Sovereign Credit Rating

    The Fitch home rating agency upgraded the long-term sovereign credit rating of Russia from BBB-to BBB with the stable outlook on August 9th. Russia’s sovereign rating upgrade by Fitch is an indication that the national economy is adapting to current challenges and can reach higher growth rates. Russian Financial Reserves Now Fully Cover All Internal[…..]

  • by

    EAEU Expected To Reach Intra-Bloc Tariff Agreements

    The members of the Eurasian Economic Union (EAEU) – Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia – are expected to reach final agreements on tariffs at Friday’s meeting of the EAEU Intergovernmental Council in Kyrgyzstan. Russian Prime Minister Dmitri Medvedev, speaking earlier stated “Today, we will discuss pressing issues related to the Union’s activities, including supranational[…..]

  • by

    Russia & Central Asia’s Gold Deposits – China’s RMB Reserve Backup

    Op/Ed by Chris Devonshire-Ellis Increasing de-dollarization and decreasing US trade indicate renewed interest in gold reserves Both Russia and China, faced with trade problems with the United States, have begun to make moves to reduce their use of the US dollar and expand the use of their respective currencies in bilateral trade, with gold as[…..]

  • by

    European Union Running An US$83 Billion Trade Deficit With Russia

    EU loss Of Russian and British Consumer Markets Close To €100 Billion Per Annum The European Union is currently importing rather more from Russia than it exports, according to new data from Eurostat, the data analysis unit within the European Commission. In 2018, the EU imported US$83 billion more from Russia than it exported.

  • by

    The Benefits For Russian Companies When Setting Up In Hong Kong To Access Mainland China Opportunities

    Russia-Chinese investment on the increase. Hong Kong offers low tax access. Many companies looking at the Chinese market choose to establish a holding company or special purpose vehicle (SPV) to hold their Chinese investments, and this applies to an increasing number of investors from Russia and the Eurasian Economic Union. Using a Hong Kong company[…..]

Showing 10 of 477 articles