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    Chinese Rating Agency To Provide Russia Credit Rating Services

    Source: Finmarket with additional commentary by Chris Devonshire-Ellis The Chinese rating agency China Chengxin Asia Pacific (CCXGF) will shortly be offering credit ratings for Russia and Russian businesses after clarifying new methodologies and criteria for assessing the risks, according to CEO Yan Yan. The comments were made during a signing ceremony of a MoU concerning[…..]

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    Russia Briefing Now Available On Yandex Zen and Telegram in Russian

    Russia Briefing теперь на русском языке в Яндекс Дзен и Telegram – бесплатная подписка. Russia Briefing теперь доступен на российских каналах Яндекс Дзен и Telegram. В авторских статьях специалистов «Дезан Шира и партнеры» – свежая информация об открывающихся инвестиционных возможностях по всему азиатскому региону и в странах Персидского залива, подробный анализ последних тенденций в области[…..]

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    Russia To Resume Flights To Sri Lanka

    Island is becoming a haven for digital nomads able to work from home in tropical surroundings Air traffic between Russia and Sri Lanka is planned to be restored by mid-October, according to Bandula Gunawardana, Sri Lanka’s Minister of Transport. Flights will be operated by Sri Lankan airlines and will depart initially from Moscow direct to[…..]

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    Moscow Exchange To Start Russian Ruble / Uzbeki Som Trading

    The Moscow Exchange will begin trading the currency pair Uzbek Som/Russian Ruble (UZS/RUB) on September 12, the exchange has said. The currency pair will be traded on the spot market with today and tomorrow settlements. Trading participants and their clients will also have access to overnight swaps. The new currency pair will expand trading options[…..]

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    Iran Set To Join Russia’s MIR Card Payment System

    Move will accelerate Iran’s regional trade and bypass US sanctions The Iranian Central Bank of Iran is negotiating to join Russia’s MIR payment card system to facilitate financial transfers and trade, according to Hadi Tizhoush Taban, the Chairman of the Iran Russia Joint Chamber of Commerce. MIR is supported by Russia’s SPFS payment system and[…..]

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    Russia’s Chelyabinsk Makes Trade & Investment Moves Into Azerbaijan

    A delegation from Russia’s Chelyabinsk Oblast, together with Russia’s trade representative in Azerbaijan, Ruslan Mirsayapov and Head of the Russian Export Center’s representative office in Azerbaijan Nuri Guliyev have been looking at ways to increase direct trade with Azerbaijan. Chelyabinsk is sited in Russia’s Ural Mountains region, on the border of Europe and Asia. Its[…..]

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    Eurasian Economic Union Dedollarizes; Emphasis Now On Increasing Use Of Mutual Currencies & China Yuan Trade

    The Eurasian Intergovernmental Council, the governing body of the Eurasian Economic Union (EAEU) has been meeting at Lake Issyk-Kul in Kyrgyzstan, to coordinate numerous factors concerning the EAEU member states, which include Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. A major issue has been the development of changes to settle transactions in respective currencies and to[…..]

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    H1 2022 Russian Exports To Mexico Increase 20%

    Opportunities in new markets for Russian exporters Russia’s exports of goods to Mexico increased by more than 20% during the first six months of the current year, according to the latest figures released by the Bank of Mexico. In monetary terms, Mexican imports from Russia amounted to US$1.193 billion. In June, Mexican purchases of Russian[…..]

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    Russia’s July 2022 Imports From China Up 29% Year on Year

    Russia now beginning the process of absorbing the complete loss of EU imports Russia bought US$6.7 billion worth of goods from China in July, as supply chains adapt in the wake of Western sanctions. The data was released by the Chinese Ministry of Customs. Chinese shipments to Russia surged 22.2% in July from a year[…..]

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    European Road Network Completely Cut From Russian Route Maps

    Istanbul connectivity the new Russia-EU transit hub By Chris Devonshire-Ellis European road connectivity has been completely cut from Russian GPS maps in an illustration of how serious Moscow views the EU’s perspective of the Ukraine conflict, and further evidence that Russia views the EU import and export markets as ‘dead.’ This of course has significant[…..]

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