Op/Ed by Chris Devonshire-Ellis Photos by Anastasia Prodchenko at the Bottleneck Beer Authority in St.Petersburg Russia has long been a beer-drinking nation, the plentiful supply of wheats, malts and hops have always flourished in the country’s north European climate. State monopolized under Lenin, Russian beers however stagnated to some extent under communism. Today, the best[…..]
Op/Ed by Chris Devonshire-Ellis Russian President Vladimir Putin, speaking at the St.Petersburg International Economic Forum (SPIEF) last Thursday, touched on the development of trade between the Eurasian Economic Union (EAEU) and the European Union (EU). The Eurasian Economic Union comprises, from West to East; Belarus, Russia, Armenia, Kyrgyzstan and Kazakhstan, effectively a trade bloc that[…..]
The Crimea, which Russia retook in 2014 following problems with the Central Government of Ukraine’s handling of ethnic Russians in the Province, has been responsible as a reason for the United States and other Western governments from imposing sanctions both on Russia and Crimea. Companies from the United States and EU are largely forbidden to[…..]
Op/Ed by Chris Devonshire-Ellis Russia’s space industry can compete with US hi-technology with Chinese investment Talk in Beijing this past few days has concentrated on President Xi’s upcoming visit to Russia , where he will attend the St. Petersburg International Economic Forum (SPIEF) from 6th-8th June. With the United States imposing sanctions upon Russia, and[…..]
Elvira Nabiullina, the Governor of Russia’s Central Bank, has been explaining why Russia has been adopting a position of “de-dollarization” over the past couple of years, a trend that is catching on in other countries including China and the BRICS nations. In broad terms, the issue is to do with reducing the economic and political[…..]
China Looking To Bypass US Trade, Russia Holds One Of The Keys Chinese President Xi is to visit Russia and attend the St.Petersburg International Economic Forum on June 6th to 8th. Dezan Shira & Associates Founding Partner Chris Devonshire-Ellis and the firms head of the Russian Desk Maria Kotova will also be attending.
By Chris Devonshire-Ellis & Grace Tate In China, companies seeking to engage in the online retail industry are required to first set up a company and a physical store. For investors not yet fully prepared for setting up a company in China, global sites launched by China’s local e-commerce platforms might be the best choice to[…..]
The Comprehensive Double Taxation Agreement (CDTA) between Hong Kong and Russia entered into force on 1st January in 2017 in Russia, with Hong Kong following on 1st April the same year.
Since Vietnam signed off a Free Trade Agreement with the Eurasian Economic Union in October 2016, trade between EAEU members and Vietnam has risen from close to zero to about US$10 billion. Of the EAEU nations trade with Vietnam, Russia accounts for about 90%. That has also been growing, with Ta Hoang Linh, a Director[…..]
Russian Prime Minister Dmitry Medvedev has confirming an economic overhaul plan to propel Russia into one of the world’s top five economies in PPP (purchasing power parity), by 2023. Currently the country is in 6th position, just behind Germany.