Russia’s total seafood exports to China have reached 430,000 metric tons as of Nov. 1 since the beginning of 2022, or up 51% year-on-year, according to Rosrybolovstvo, Russia’s Federal Fishery Agency.
Examining Russia’s multilateral trade growth in 2022 By Chris Devonshire-Ellis Russia’s bilateral trade with the European Union in 2021 reached €257 billion, with €158 billion of those being Russian exports to the bloc. With the Euro now at parity with the US dollar, the amounts traded can now be considered the same. But[…..]
Russia’s manufacturing PMI is at 52% while the Eurozone is in recession. Moscow’s planning ahead is narrowing the development gap. Russia has begun planning for business development and attracting foreign investment in the period following an end to the current Ukraine conflict, with Russian President Vladimir Putin making it clear that he does not intend[…..]
Will process and return recycled waste back into the economy The Russian government has allocated 9.4 billion Rubles (US$152 million) for the construction of eight eco-industrial parks by 2024, according to Denis Butsayev, the CEO of Russian Ecological Operator (REO), said on Wednesday (November 2). That statement follows a resolution signed by Prime Minister Mikhail[…..]
Turkiye has registered a 198% trade volume increase with Russia since the beginning of the year, second only to India, according to the Observatory of Economic Complexity, (OEC) an online data platform.
Chinese Yuan, Hong Kong Dollars, Indian Rupees, UAE Dirhams, Turkish Lira, Kazak Tenge and others all set to be part of interest bearing accounts in Russia Russia’s Central Bank is considering the lowering of required reserve requirements for deposits in Asian currencies, and may enact this from April 1, 2023. At present, such accounts may[…..]
Russia, a key stakeholder along with Iran and India in developing the International North-South Transportation Corridor (INSTC), has has invited Azerbaijan and Iran to jointly create a logistics operator for the western route of the International North-South Transport Corridor (INSTC).
Western hegemony should be replaced with an actual order respectful of all, the Russian leader said The world is entering a decade of tumult as the pursuit of a more just world order clashes with the arbitrary hegemony of the collective West, Russian President Vladimir Putin said on Thursday, addressing the annual meeting of the[…..]
Indicates DPRK workers could be about to assist with Far East Russian infrastructure development projects as military deployment reduces number of available Russian workers North Korea has begun preparations to open new trade offices throughout Russia, a high-ranking source in Pyongyang, according to the English language Daily NK newspaper.
The mutual trade between Kazakhstan and the Eurasian Economic Union (EAEU) countries grew 5% in the first eight months of 2022, according to Kazakhstan’s Prime Minister Alikhan Smailov. The EAEU comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, with the latter the dominant trade partner. Kazakhstan’s trade with the EAEU exceeded US$17 billion, up by 5%.[…..]