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    Non-Energy Iran – Eurasian Economic Union Trade Up 93% After FTA Renewal Signed

    The value of non-oil trade between Iran and the members of the Eurasian Economic Union (EAEU) exceeded US$1.6 billion in the first four months of the current Iranian calendar year (March 21 – July 22) to register 93% Year on Year growth compared to 2020. Hossein Kakhaki, director-general of the International Cooperation Department of the[…..]

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    Russia, Moldova Discuss Potential For EAEU Free Trade

    Russia and Moldova have agreed to lift trade restrictions and to hold discussions concerning the breakaway Russian-supported Transnistria region. The landlocked country is an ex-Soviet satellite sandwiched between Romania and Ukraine and is one of Europe’s poorest nations. Dmitry Kozak, Deputy Head of Russia’s Presidential Administration has been quoted as saying “We agreed to cooperate[…..]

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    INSTC to Improve India-Russia Connectivity with Cheaper Multi-Modal Transit Routes

    The INSTC includes 13 countries and will transform Euro-Asian freight dynamics.

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    St. Petersburg International Economic Forum 2021: Highlights and Analysis

    Putin’s Views On United States & Biden / Visa Free Vaccine Tourism / Tesla in Russia / Russia-China Trade / Total De-Dollarization / Greening the Economy / Pakistan Gas Stream / Sukhoi Superjet Deliveries / Joint Russian-Japanese Medical Clinics / Putin’s Plenary Speech   Op/Ed by Chris Devonshire-Ellis   St. Petersburg has hosted the first global[…..]

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    Foreign Manufacturers In Russia May Need To Comply With Digital Source Of Overseas Origin Requirements

    Proposals drafted by Ministry of Economic Development could come into effect from September 1 Russian regulator moves to prevent influx of counterfeit goods as EAEU-China Free Trade Agreement moves a step closer Russia’s Ministry of Economic Development (MED) intends launching a new system of control over foreign factories that manufacture consumer products which are then[…..]

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    No Russia-UK Trade Deal, But Moscow & London Follow Similar Trade Strategies in Asia

    The UK is following an identical path to Russia in developing trade relations with India, ASEAN and East Asia  Corporates from both could team up to take advantage of each other’s strengths, some including Free Trade Agreements one has but the other doesn’t.    Op/Ed by Chris Devonshire-Ellis  British Trade officials have stated that there is[…..]

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    Russia’s Sputnik Vaccine To Be Manufactured By Tibet’s TopRidge Pharma

    The Russian Direct Investment Fund (RDIF) and China’s Tibetan based TopRidge Pharma have agreed to produce over 100 million doses of Russia’s anti-coronavirus vaccine Sputnik V annually in China, the Fund said on Thursday. “The Russian Direct Investment Fund and TopRidge Pharma (a subsidiary company of one of China’s pharmaceutical market leaders, Tibet Rhodiola Pharmaceutical Holding) have agreed[…..]

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    Russia, Kyrgyz Agricultural Trade Rose 11% In 2020

    In joint Russia-Kyrgyzstan agricultural meetings held on February 24, Dmitry Patrushev, the Russian Minister of Agriculture of Russia, and Askarbek Dzhanybekov, the Kyrgyz Minister of Agriculture announced that agricultural trade between the two countries increased by almost 11%, exceeding US$350 million in value during 2020. The Ministers also considered priority areas for further joint work,[…..]

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    Russia’s Non-Energy Exports Up To 30% Of GDP

    Op/Ed by Chris Devonshire-Ellis Figures show an increasingly diverse economy is developing New trade in agriculture exports to China and Asia Russia will have fully absorbed the impact shock of Western sanctions by 2024  Russia has long been labeled as a solely oil and gas-based economy, however efforts by the Government to change and diversify[…..]

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    Sberbank Aim To Launch Digital Stablecoin Tied To The Ruble

    Russia’s largest banking lender, Sberbank, has applied for a blockchain network for its own digital currency, Sbercoin, to be approved by the Russian Central Bank, and is expecting to launch the coin in March this year. Earlier this month, Sberbank sent an application for the platform to the Central Bank of Russia, Sergey Popov, a[…..]

Showing 10 of 307 articles