Moscow’s attempts to de-dollarize its economy appear to be working The Ukraine conflict and the West’s reaction to it have manifested themselves again in unusual but not completely unexpected ways. Russia for example has just broken into the world’s top 15 RMB trading economies for the first time. This is not just a result of[…..]
Russia is the world’s eighth largest auto market with considerable growth potential in leaving the EU behind. The numerous Russian JV’s with European auto manufacturers are set to be re-positioned with Chinese partners as Russian manufacturing and component parts markets have suddenly become accessible.
Russia-Tajik Trade Up 70% In Q1 2022 as Moscow looks East Russian President Vladimir Putin has met with the Tajik President Emomali Rahmon, stating that “It is important to continue bolstering trade and commercial connections between the two countries. According to the Russian leader, Tajikistan’s key trading and economic partner is Russia. Putin highlighted the[…..]
Good news for foreign business travellers to Russia – as Visa, Amex and Mastercard are inoperable, Tinkoff Bank will accept foreign account holders and will issue ATM cards to them to access funds wired to Russia. Foreigners travelling to Russia can access Western funds and ATMs in Russia via Tinkoff’s services. Russia’s Tinkoff Bank has[…..]
With Russian exporters and manufacturers now looking to access and develop markets in Asia, we can take a look at the potential for the Philippines market.
With Russian exporters and manufacturers now looking to access and develop markets in Asia, we can take a look at the potential for the Vietnamese market.
With Russian exporters and manufacturers now looking to access and develop markets in Asia, we can take a look at the potential for the Indonesian market.
Three EU economies face serious exposure, while Central Asia dominates The Statistica website has produced an excellent graphic illustrating which countries depend most on Russian trade. This is a useful tool for analyzing risk and opportunity – the top three countries for example are all members of the Eurasian Economic Union (EAEU) which includes Russia.[…..]
Kazakhstan looks like a safe haven following Russian political fallout Kazakhstan, a member of the Eurasian Economic Union (EAEU) together with Russia, is expected to be able to ride through the worst of the economic slowdown Russia is and will experience during 2022/23, according to Sophia Donets and Andrei Melashchenko, economic analysts for Russia and[…..]
Afghanistan is a US$1 trillion commodities and transit bank for Russian and Chinese supply chain needs Eight months after US troops finally exited Afghanistan, and 20 years after a US invasion in which Washington spent US$2.3 trillion on being there, Russia’s Foreign Minister Sergey Lavrov has stated that Russia wants to work directly with Kabul[…..]