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    Russia’s Pro-Investment Policies, Post-Ukraine Conflict

    Russia’s manufacturing PMI is at 52% while the Eurozone is in recession. Moscow’s planning ahead is narrowing the development gap. Russia has begun planning for business development and attracting foreign investment in the period following an end to the current Ukraine conflict, with Russian President Vladimir Putin making it clear that he does not intend[…..]

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    Russia-Iraqi Trade Up 40% In 2022

    The trade volumes may be relatively small in the larger scheme of things, however the total trade income between Russia and Iraq in the eight months January and August 2022 reached US$313.1 million, against a 2021 total of US$282.7 million. That represents a rough 40% increase if taken over the year. Ilya Lobov, a commercial[…..]

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    Russia To Develop Eight Eco-Industrial Parks

    Will process and return recycled waste back into the economy  The Russian government has allocated 9.4 billion Rubles (US$152 million) for the construction of eight eco-industrial parks by 2024, according to Denis Butsayev, the CEO of Russian Ecological Operator (REO), said on Wednesday (November 2). That statement follows a resolution signed by Prime Minister Mikhail[…..]

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    Russia-Turkiye Bilateral Trade Up 198%

    Turkiye has registered a 198% trade volume increase with Russia since the beginning of the year, second only to India, according to the Observatory of Economic Complexity, (OEC) an online data platform.

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    Russian Banks May Start Offering Interest Bearing Deposit Accounts In Asian Currencies From April 2023

    Chinese Yuan, Hong Kong Dollars, Indian Rupees, UAE Dirhams, Turkish Lira, Kazak Tenge and others all set to be part of interest bearing accounts in Russia Russia’s Central Bank is considering the lowering of required reserve requirements for deposits in Asian currencies, and may enact this from April 1, 2023. At present, such accounts may[…..]

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    Joint Azerbaijan, Iranian Logistics Operator Proposed For Western INSTC Routes To Russia And Europe

    Russia, a key stakeholder along with Iran and India in developing the International North-South Transportation Corridor (INSTC), has has invited Azerbaijan and Iran to jointly create a logistics operator for the western route of the International North-South Transport Corridor (INSTC).

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    Putin’s Valdai Discussion Club Speech

    Western hegemony should be replaced with an actual order respectful of all, the Russian leader said  The world is entering a decade of tumult as the pursuit of a more just world order clashes with the arbitrary hegemony of the collective West, Russian President Vladimir Putin said on Thursday, addressing the annual meeting of the[…..]

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    North Korea To Open Six New Trade Offices In Russia

    Indicates DPRK workers could be about to assist with Far East Russian infrastructure development projects as military deployment reduces number of available Russian workers North Korea has begun preparations to open new trade offices throughout Russia, a high-ranking source in Pyongyang, according to the English language Daily NK newspaper.

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    Kazakhstan – EAEU Trade Up 5% 2022 YTD

    The mutual trade between Kazakhstan and the Eurasian Economic Union (EAEU) countries grew 5% in the first eight months of 2022, according to Kazakhstan’s Prime Minister Alikhan Smailov. The EAEU comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, with the latter the dominant trade partner. Kazakhstan’s trade with the EAEU exceeded US$17 billion, up by 5%.[…..]

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    China President Xi Jinping Actively Promotes Trade & Investment With Russia As Chinese Policy

    Significant opportunities exist, but market research and legal due diligence should be undertaken by Russian businesses engaging with Chinese partners  By Chris Devonshire-Ellis  With the Chinese Communist Party Congress now over, a number of key steps were taken not just in terms of ushering in a new politburo but also emphasizing China’s trade policies in[…..]

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