FDI & Foreign Trade

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  April 4, 2021 by Russia Briefing
  

  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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  March 4, 2021 by Russia Briefing
  

  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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  January 29, 2021 by Russia Briefing
  

  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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  January 26, 2021 by Russia Briefing
  

  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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  January 25, 2021 by Russia Briefing
  

  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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  October 21, 2020 by Russia Briefing
  

  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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  December 9, 2019 by Russia Briefing
  

  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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  December 4, 2019 by Russia Briefing
  

  Russia-Mongolia 2019 Bilateral Trade Up 13%

  Russia and Mongolia have increased their bilateral trade volumes by 13.1 percent year-on-year in the January-September 2019 period, the Russian Ambassador to Mongolia Iskander Azizov has stated ahead of the Mongolian prime minister’s visit to Moscow this week. Russian Prime Minister Dimitri Medvedev is meeting his counterpart Ukhnaagin Khurelskh. Azizov said that bilateral trade had[…..]
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  November 19, 2019 by Russia Briefing
  

  IKEA To Open Thousands Of Pick Up Points Across Russia

  The Swedish retailer IKEA is going to open several thousand pickup points in Russia over the next couple of years, the head of IKEA’s Customer Order Support Norbert Stepnowski told media yesterday. “We intend to develop a network of pickup points and we want to go in to thousands in medium term. We have a[…..]
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  November 18, 2019 by Russia Briefing
  

  Developing Global Free Trade: Linking The Eurasian Economic Union With Brazil & Mercosur

  (Part 1 of our 5 Part BRICS/EAEU Free Trade Series) How Mercosur Companies Could Access Eurasian, Russian & Chinese Markets Op/Ed by Chris Devonshire-Ellis Russia’s President Putin has just returned from Brazil and the annual meeting of BRICS nations this time held in Brasilia. With the Presidents and Prime Ministers from China, India and South[…..]