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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[…..]

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    Gazprom Sign Off Mongolian SPV To Study Gas Supplies To China

    Gazprom has registered a ‘Special Purpose Vehicle’ (SPV) company in Mongolia to deal with design and survey and the feasibility study for the project of building a main gas pipeline across Mongolia for gas deliveries to China, the Russian company stated last Friday. SPV’s are typically set up to deal with one particular project, and[…..]

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    Webinar: China’s Belt & Road Initiative – And Russia : Wednesday October 21, 7pm Moscow

    The Rotary Club of St.Petersburg in Russia have as their guest Chris Devonshire-Ellis, the Chairman of Dezan Shira & Associates, a foreign investment practice with offices throughout Asia. Chris is one of the world’s leading experts on China’s Belt & Road Initiative, having lectured about it at the St.Petersburg Higher School of Economics, Cambridge University,[…..]

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    Easing Of Foreign Tourist Visas For Russian Arctic To Compete With Norway & Iceland

    Sergei Korneyev, the deputy head of the Russian Federal Agency for Tourism, has suggested at the Arctic: Today and the Future international forum held in St.Petersburg, that electronic visas and eased visa formalities for foreign visitors to the Russian Arctic could attract more tourists to the region. “We could without major financial investments ‘redirect’ to[…..]

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