Latest News

Showing 10 of 321 articles
  • by

    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).[…..]

  • by

    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[…..]

  • by

    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[…..]

  • by

    Russia & EAEU Looking To Free Trade Agreement With Bosnia & Herzegovina

    Russia trying to shore the country up as difficulties arising in Balkans with BiH nearing political fracturing By Chris Devonshire-Ellis Russia’s Foreign Minister Sergey Lavrov met with Turkish Foreign Minister Mevlut Çavuşoğlu on the margins of the G20 summit in Rome last week. Bosnian Political Issues The discussion focused on coordinating the two countries’ efforts[…..]

  • by

    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[…..]

  • by

    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[…..]

  • by

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

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

  • by

    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[…..]

  • by

    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[…..]

  • by

    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[…..]

Showing 10 of 321 articles