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    Russia and North Korea: The 2023/24 Trade and Investment Dynamics

    Bilateral trade shows signs of returning to growth after several years of stagnation By Michael Barantschik North Korea (DPRK) holds unique geopolitical importance for Russia, considering its pivotal position in North-East Asia and small yet strategic shared border. Not only does it serve as a buffer between Russia and influential South Korea, but it also[…..]

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    Russia and Turkiye: The 2023 Trade and Investment Dynamics

    With Presidents Putin and Erdogan about to meet, we discuss the bilateral trade dynamics  By Emil Avdaliani The Russian President Vladimir Putin is meeting the Turkish President Recep Erdogan at south Russia’s Sochi, a resort town on the Black Sea. The main thrust of the meeting will be discussions concerning the Black Sea grain deal,[…..]

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    Apple Sells Over US$1 Billion Of New iPhones In Russia During H1 2023

    Russia’s consumer market is also rapidly expanding with strong domestic growth Russian imports of Apple iPhones jumped by 15% in the first half of 2023 year-on-year, amounting to 1.1 million devices, according to data by the analytical center of Russia’s GS Group who specialise in the tech area.

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    Russia-Belarus Bilateral Trade Up 16.9% In H2 2023

    Bilateral trade between Belarus and Russia increased 16.9% in January-June 2023 year-on-year, according to the Russian State Secretary of the Russia-Belarus Union State, Dmitry Mezentsev.

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    First Russian Direct Transit Freight Train Arrives In Saudi Arabia

    A transit freight train from Russia with 36 containers has passed through the Iranian transport corridor to Saudi Arabia, according to Miad Salehi, the head of Iran Railways. The train arrived on Sunday (August 27).

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    Russia’s Central Bank Registers New Kwikpay International Remittance System

    App will allow money transfers from Russia to selected overseas countries The Central Bank of Russia (CBR) has registered the new Kwikpay international remittance system, the regulator posted on its website. The system was registered in the CBR registry on August 25. The holding company, KwikPay Autent Technology, is an Indian fintech company headquartered in[…..]

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    China Planning To Ramp Up Russian Belt & Road Initiative Investments

    Moscow and Beijing discuss attracting China SOEs into Russian infrastructure projects The Russian Ministry of Economic Development has stated that Russia and China are interested in attracting Chinese investors into Russian domestic infrastructure projects, localised production and oil refining.

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    Vladimir Putin’s Presidential Speech at the BRICS 2023 Summit: Analysis

    Putin discusses the Ukraine conflict, BRICS trade, working with the United Nations and showcases where Russia feels the BRICS development should be targeted. Analysis by Chris Devonshire-Ellis The Russian President Vladimir Putin gave a speech via video-conference at the BRICS summit where he directly addressed the leaders of the four other BRICS countries, Brazil, India,[…..]

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    Russia and Saudi Arabia: The 2023 –24 Trade and Investment Dynamics

    Growth is apparent but INSTC connectivity is required to boost bilateral trade By Emil Avdaliani Political and economic trends across Eurasia have pushed Russia and Saudi Arabia to seek closer ties. Riyadh seeks to diversify its foreign policy and foreign economic relations in order to implement its Saudi Vision 2030 strategic development programme, while it[…..]

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    Russia’s Trade & Development With BRICS: Analysis and Opportunities

    With the BRICS 2023 summit now underway, we examine the Russia-BRICS trade dynamics   By Chris Devonshire-Ellis The BRICS 2023 summit is now underway in Johannesburg, South Africa, with the Heads of State of Brazil, China, India, and South Africa all attending in person, together with significant trade delegations, including Russia. The Russian President, Vladimir[…..]

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