Latest News

Showing 10 of 999 articles
  • by

    India Negotiating With Russia To Buy 20 Million Barrels Of Discounted Oil And Enter Russian Markets Exited By The EU

    Russia-India Trade Ties Developing As The Ukraine Conflict Is Increasingly Seen From Asia as A European Problem To Resolve India and Russia are engaged in talks over alternative payment mechanisms as both sides are negotiating for about 20 million barrels of crude from Rosneft at heavily discounted prices.

  • by

    Russian Economy To Absorb Sanctions And Move Into Growth By 2024-30 Depending Upon Industry

    Sectoral recovery will be variable – we list the winners and losers. The Russian economy will move back to growth in 2024-25, analysts from Russia’s leading financial institutions have stated in interviews conducted by Izvestia. This compares with analysis given by Western media which tends to play up the Russian economic problems created by sanctions.[…..]

  • by

    Iran-Russian Bilateral Trade Increased In March-April

    Near-Russian Exporters Looking To Fill Gaps Created By Exiting US and European Brands   The Iran-Russia Joint Chamber of Commerce has stated that Iran’s exports to Russia have increased since the outbreak of the Ukraine conflict. Several reasons were given, notably the existing positive approach between Russian and Iranian private companies and their governments. The[…..]

  • by

    Russia, Uzbekistan Look To Increase Bilateral Trade

    Another push east as Russia seeks to replace EU markets  Uzbekistan and Russia are considering further steps to increase mutual trade turnover, according to the Uzbek Ministry of Investment and Foreign Trade. This issue was discussed on the sidelines of the “Innoprom. Central Asia” International Industrial Exhibition between the Deputy Prime Minister – Minister of Investments and[…..]

  • by

    More Russian Banks To Begin Issuing Chinese Union Pay Cards From Q3 2022

    China’s UnionPay will begin accepting applications from a new swathe of Russian banks for Union Pay debit cards sometime in Q3 this year. UnionPay have been active in Russia for several years and its logo and ATM terminals are familiar to most Russians, however the exit of US and EU card issuers from the Russia[…..]

  • by

    Russian Exports To South & Southeast Asia Show Significant Year-on-Year Increases

    The Russia-Ukraine conflict has produced unusual movements in Russia-Asia trade, as sanctions start to have an effect, yet the need for energy in Asia increases. Figures released by several Asian customs authorities have revealed that the majority of Asian exports to Russia were sharply down from a year earlier, with China the main exception. Western[…..]

  • by

    Russia, Kazakhstan Discuss Developing New Irtysh River Port With Shipping Potential To China & The Arctic

    The regional governments of Russia’s Omsk Region and Kazakhstan’s Pavlodar Region are discussing the potential construction of a cargo port on the Irtysh River, which begins in China’s north Xinjiang, runs between Kazakhstan and Russia, and eventually flows north into the Arctic Ocean. The Irtysh is the largest tributary river in the world and a major[…..]

  • by

    Russia’s RZD Logistics Eyes Increased Caspian & INSTC Shipments

    Complimentary Russia-Asia Trade Publication Available  Cargo traffic along all three directions of the International North-South Transport Corridor (INSTC) through the Caspian Sea, Turkey, and Azerbaijan due to the closure of European borders due to Russian sanctions show excellent development prospects, according to Russia’s RZD Logistics.

  • by

    Armenia, Russia To Expand And Develop Bilateral Trade & Investment

    Meetings held on Tuesday (April 19) between Nikol Pashinyan, the Armenian Prime Minister, and Vladimir Putin have resulted in a joint trade statement being made in which both parties expressed needs to develop bilateral trade and do so in a sustainable manner.

  • by

    Russia, Iran, Discuss Joint National Food Security Programmes

    Russia to replace its food imports from the European Union from other markets Alireza Peyman-Pak, Iran’s Head of Trade Promotion & Organization (TPOI) stated on Monday (April 18) that Iran’s recent trade conference in Moscow was successful, and coordination had been made with Moscow to ensure national food security for both countries as they jointly[…..]

Showing 10 of 999 articles

Related reading