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