Armenia’s continuing positive free trade relations with Russia and the EAEU has shown rapid growth.
As Russia moves on, 100 years later, to diplomatic heights, it is prudent to quietly remember the sacrifices it has made to get here.
The US, in going it alone in trade, could facilitate a new global trade bloc built around the instigation and wishes of Beijing and Moscow.
US President Trump’s threats to tear up the NAFTA with Canada and Mexico could increase interest in the Moscow-backed Eurasian Economic Union.
The Moscow-backed Eurasian Economic Union (EAEU) is making overtures to South America as Russia seeks to limit exposure to Western sanctions.
The EU has extended wide ranging sanctions against Crimea and Sevastopol for a further year, refusing to recognize Crimea’s reunification with Russia.
Reports suggest that US President Donald Trump might have a meeting with Russian President Putin alongside the upcoming NATO summit, possibly at a neutral location.
Russia has made incremental changes to its VAT regime to support growth of state revenues and industrial expansion; exports will remain exempt from VAT.
Russia and Egypt have agreed to establish a 5.25 million square meters Russian Industrial Zone in East Port Said in the Suez Canal Economic Zone.
Russia and China have agreed to establish a new investment fund holding an initial RMB 1.5 billion (US$234 million) to support and manage financial and industrial projects in both countries.