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    New Russia-China Amur River Road Freight & Passenger Bridge Opens

    Traffic cargo volumes expected to reach 4 million tonnes and 2 million passengers per annum. Freight traffic has begun to use the first road bridge across the Amur River, connecting Russia’s Blagoveshchensk and China’s Heihe. The bridge opened to trucks on Friday (June 10). Russian Deputy Prime Minister and Presidential Envoy to the Far Eastern[…..]

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    ‘External Management’ Impositions On Foreign Invested Businesses In Russia

    Protecting Your Russian Business & Assets Under Sanctions & New State Regulations Numerous international businesses, mainly high-profile brands, have been exiting Russia as shareholder, domestic government, and media pressures upon them have persuaded many that for now, Russia is too much of a political hot potato to handle. Others have elected to ride it out,[…..]

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    The Eurasian Economic Forum Kicks Off In Bishkek

    This Year’s Forum gains significance as Russia’s pivot to Asia and Supply Chain movements place Central Asia in the spotlight. By Chris Devonshire-Ellis The Eurasian Economic Forum is an annual business event of the Eurasian Economic Union concentrating on economic and commercial issues and is this year being held in Bishkek, the capital of Kyrgyzstan.[…..]

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    SPIEF 2022 – What Do You Want To Know?

    Russia’s primary international economic forum takes place in June amongst the background of extraordinary events. We give you a front row seat. The St.Petersburg International Economic Forum (SPIEF) takes place from June 15-18, an annual event usually hosted by the Russian President Vladimir Putin and one at which Russia-Global economic and trade development and investment[…..]

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    Thailand Wants To Increase Russia Bilateral Trade To US$10 Billion By 2023

    Bangkok is following the trend for ASEAN nations to establish Free Trade Agreements with the EAEU Thailand and Russia are ready to boost bilateral trade to US$10 billion in 2023, Jurin Laksanawisit, Thailand’s Minister of Commerce Minister said on Saturday. Jurin was speaking after talks with Russia’s Economic Development Minister Maxim Reshetnikov on the sidelines[…..]

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    Wildberries Expands Into Kyrgyzstan

    Russia developing free trade ecommerce platforms into Central Asia Wildberries the Russian online retail equivalent of Amazon, has just opened a distribution center in Kyrgyzstan, which will strengthen company’s partnership with local businesses, as well as speed up the delivery of local orders.. Wildberries first distribution center has opened in Bishkek, the Kyrgyz capital city.[…..]

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    Uzbekistan’s Q1 2022 Eurasian Economic Union Trade Turnover Data

    Trade agreements with EU & UK having a positive dynamic effect Uzbekistan’s trade turnover with the Eurasian Economic Union (EAEU) countries amounted to US$3.2 billion from January through March 2022, according to the Uzbek State Statistics Committee. During Q1 this year, Uzbek exports of goods and services to the EAEU countries amounted to US$923.3 million,[…..]

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    Kazakhstan-Eurasian Economic Union Trade Up 29% In January

    Kazakhstan’s bilateral trade with other member countries of the Eurasian Economic Union (EAEU) – Armenia, Belarus, Kyrgyzstan, and Russia reached US$1.7 billion in January 2022, which is 29% higher than the same period last year, according to Kazakhstan’s Statistics Committee. US$592.4 million of this were Kazakh exports (+34.4 percent), and US$1.1 billion imports (+26.3 percent).[…..]

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    Vietnam Eyes Increased Eurasian Economic Union Exports

    Ta Hoang Linh, a director of the European Market Department under Vietnam’s Ministry of Industry and Trade (MoIT), has said that the Eurasian region of 28 countries, stretching from Eastern Europe to Central Asia, is a significant potential export market for Vietnam. Being flexible in accessing distribution systems, overcoming logistical difficulties, and making good use[…..]

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    Russia To Introduce Simplified Tax Payment System For SMEs In 2022

    New ATS system pilot for businesses with turnover less than ₽60 million. Russia is to launch a pilot scheme Automated Taxation System (ATS) next year, according to in Prime Minister Mikhail Mishustin. This a variant of the existing Simplified Taxation System (STS) and is designed to reduce the administrative burden in calculating and paying taxes[…..]

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