Growing Free Trade Links Are Rebalancing Global Trade The BRICS economic bloc of countries, which include Russia, along with Brazil, China, India and South Africa, will account for more than half the GDP of the global economy in ten years, according to Russian Finance Minister Anton Siluanov. “The economy of the BRICS countries today occupies[…..]
Could Link With Proposed Helsinki Tunnel To Tallinn Op/Ed by Chris Devonshire-Ellis Maksim Akimov, Russia’s Deputy Prime Minister stated at the Far East Economic Forum last week that Russia would like to extend the existing Moscow-St. Petersburg high-speed railway line to Finland in the future. “Surely as the second stage. We would like to extend[…..]
New “Micro-FTA” Concept Could Boost Cross-Border Agricultural Exports Op/Ed by Chris Devonshire-Ellis Russian delegates speaking at the Russia-China dialogue session at the Far Eastern Economic Forum currently taking place in Vladivostok raised the suggestion of introducing a Pilot Free Trade Scheme for the North-East Asian Agricultural Industry. Suggestions were made that to boost bilateral trade[…..]
Russia increasingly investing in Asia as US & EU trade uncertainty remains Op/Ed by Chris Devonshire-Ellis The new Chinese Ambassador to Russia, Zhang Hanhui has told reporters that he expects Russia-Chinese bilateral trade to increase to US$200 billion by 2024. That is close to double the current trade volume. Ambassador Zhang had previously been based in[…..]
Which cities will benefit from being along the shortest route between China and Europe? Op/Ed by Chris Devonshire-Ellis Russian Prime Minister Dmitri Medvedev has given the go-ahead to build a new toll motorway stretching just over 2000 km through some of the more remote areas of the country – acting as a “Moscow bypass” between[…..]
In this article, we explain the import and customs duties procedures in Russia.
Double tax treaties are useful instruments for foreign investors or trade businesses to avoid being taxed in two countries and mitigate tax liability.
British business is looking at other markets. One of them, despite the political coldness between London and Moscow, is the Russian market.
The Russian Ministry of Industry and Trade have announced that Chinese and Indian companies are investing millions of dollars in the Klyuchevskoye Gold Depots.
Asia is booming and Russia needs new export markets – China, the ASEAN nations, and India are prominent destinations for Russian investments this year.