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    Russia Tests India Freight Direct Via INSTC

    Russian containers shipped from Astrakhan to Mumbai as Iran tests INSTC connectivity routes  Iran’s state-run shipping company has stated it has successfully completed the first transit of Russian goods to India, using the International North South Transportation Corridor (INSTC).

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    Assisting Western & Russian Companies Plan Their Post-Conflict Investment Strategies

    Professional assistance to advise Western and Russian companies in Russia plan their next strategic moves in light of the current European conflict. Dezan Shira & Associates Chairman Chris Devonshire-Ellis is in Russia assisting both Western and Russian companies in evaluating their options in the light of the on-going Ukraine conflict. One of the very few[…..]

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    The New Rebranded Russian McDonalds

    The Russian fast food chain that has acquired the McDonald’s outlets in the country has chosen a new logo. It depicts the main symbols of the restaurant: two sticks of yellow fries and a yellow-orange burger. The press service added that the logo is located on a green background, which symbolizes the quality of products[…..]

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    Russia – Iran 2022 Trade Shows Significant Increases

    Multiple considerations illustrate massive growth in repositioning global energy resources east instead of west.  Javad Owji, Iran’s Minister of Oil said yesterday that Russia-Iran bilateral trade has significantly increased, reaching US$40 billion in the last 18 months. 2021 figures were at US$4 billion, signalling huge 2022 increases.

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    Changing E-Commerce Logistics: Russian Cross Border E-Commerce Down 51%, But Expected To Rebound With Goods From EAEU And Asian Markets

    Russia’s domestic e-commerce market booms with sales up 32%, while a developing EU-US market providing access to Russian consumers is emerging via EAEU resellers. Russia’s cross-border e-commerce trade decreased by 30-35% in April compared to the same period in 2021, according to Russia’s Ministry of Economic Development. The fall was influenced by fluctuations in the ruble[…..]

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    How Russian Lawyers Are Rebranding Western-Exited Consumer Products In Russia

    With the advent of the Ukraine conflict and the mass withdrawal of foreign brands from Russia, deals are being done across the country to buy out foreign assets of well-known consumer brands and relaunch them under new badges. Companies like Coca-Cola and McDonalds have exited Russia and no longer allow their products and brands to[…..]

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    Russia’s Largest Infrastructure Project – Far Eastern Rail Networks With Asian Connectivity

    Proposals for US$44 billion on two rail projects and a bridge to Sakhalin Island provided to the President  Russia’s Gazprombank and Singapore based BTS-Most, a construction company Chaired by Ruslan Baisarov, have asked Russia’s President Vladimir Putin to give them a concession on Russia’s largest infrastructure project, the expansion of the Baikal-Amur Mainline (BAM) and[…..]

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    Russian Users Of Equipment and Services Sold By Foreign Exited Suppliers Start To Issue Class Action Lawsuits In Damages

    Netflix and Sony the first to feel Russian consumer wrath in courts with Spotify next in line    The fairly obvious has begun to occur as a sanctions byproduct – Russian domestic buyers of foreign equipment sold to them in Russia in good faith are now starting to issue claims for damages when those suppliers[…..]

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    Changes In Russian Laws Effective June 1

    Russia increases minimum wage, hikes pensions by 10%, clamps down on weapons ownership    Numerous new laws in Russia come into effect from June 1, 2022 that will affect foreigners based in the country, Russian dependents being financed from overseas, as well as for Russian nationals. These are wide-ranging and cover on a personal basis, everything[…..]

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    Russia – Mongolia Trade Up 30%, Looking To Expand

    Bilateral and transit trade set to boom in the wake of rapidly growing Russia-China commerce Sergei Glaziyev, a member of the integration and macroeconomics panel of the Eurasian Economic Commission, has been speaking about bilateral trade relations between Russia and Mongolia at the “Russia-Mongolia: Partnership in the New Reality” forum, which is being held in[…..]

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