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    Russia To Introduce Cheaper, Faster E-Visa Application System For Foreign Visitors From 2021

    Russia is set to introduce a streamlined electronic visa for visitors from 2021, allowing a 16 day stay valid for both tourist and business travel. It is expected to cost about US$50. At present, Russia visa applicants need to submit their passport and supporting documents, including an invitation, flight tickets, hotel bookings as well as[…..]

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    Russian & Chinese Alternatives For SWIFT Global Banking Network Coming Online

    SPFS and CIPS provide a SWIFT alternative in global banking transaction SWIFT (Society for Worldwide Interbank Financial Telecommunications) has long been the global banking transfer mechanism of choice, launched in 1973. It provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment.[…..]

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    The Eurasian Economic Union & ASEAN. How The Blocs Intra-Regional Trade Is Developing

    Op/Ed by Chris Devonshire-Ellis Implications for emerging Central Asian and South-East Asian supply chain developments The Eurasian Economic Union (EAEU) is a trade bloc that includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. While that appears an eclectic group, is has huge geopolitical and trade potential significance as it essentially extends from the borders of the[…..]

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    Cheers! How Western Sanctions Have Helped The Russians Develop Micro-Breweries & Craft Beers

    Op/Ed by Chris Devonshire-Ellis Photos by Anastasia Prodchenko at the Bottleneck Beer Authority in St.Petersburg Russia has long been a beer-drinking nation, the plentiful supply of wheats, malts and hops have always flourished in the country’s north European climate. State monopolized under Lenin, Russian beers however stagnated to some extent under communism. Today, the best[…..]

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    Prospects For European Union / Eurasian Economic Union Development

    Op/Ed by Chris Devonshire-Ellis Russian President Vladimir Putin, speaking at the St.Petersburg International Economic Forum (SPIEF) last Thursday, touched on the development of trade between the Eurasian Economic Union (EAEU) and the European Union (EU). The Eurasian Economic Union comprises, from West to East; Belarus, Russia, Armenia, Kyrgyzstan and Kazakhstan, effectively a trade bloc that[…..]

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    Sanctions-Hit Crimea Is Now Russia’s Fastest Growing Economy

    The Crimea, which Russia retook in 2014 following problems with the Central Government of Ukraine’s handling of ethnic Russians in the Province, has been responsible as a reason for the United States and other Western governments from imposing sanctions both on Russia and Crimea. Companies from the United States and EU are largely forbidden to[…..]

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    Putin / Xi SPIEF Meeting Could Pave The Way For A Russia-China Free Trade Agreement

    Op/Ed by Chris Devonshire-Ellis Russia’s space industry can compete with US hi-technology with Chinese investment Talk in Beijing this past few days has concentrated on President Xi’s upcoming visit to Russia , where he will attend the St. Petersburg International Economic Forum (SPIEF) from 6th-8th June. With the United States imposing sanctions upon Russia, and[…..]

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    Russia’s Central Bank: “US Dollar Is Now An Unreliable Tool”

    Elvira Nabiullina, the Governor of Russia’s Central Bank, has been explaining why Russia has been adopting a position of “de-dollarization” over the past couple of years, a trend that is catching on in other countries including China and the BRICS nations. In broad terms, the issue is to do with reducing the economic and political[…..]

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    Xi To Meet Putin Next Week At SPIEF; Numerous Bilateral Deals To Be Signed

    China Looking To Bypass US Trade, Russia Holds One Of The Keys Chinese President Xi is to visit Russia and attend the St.Petersburg International Economic Forum on June 6th to 8th. Dezan Shira & Associates Founding Partner Chris Devonshire-Ellis and the firms head of the Russian Desk Maria Kotova will also be attending.

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    How Russian Businesses Can Sell Online To Chinese Consumers

    By Chris Devonshire-Ellis & Grace Tate In China, companies seeking to engage in the online retail industry are required to first set up a company and a physical store. For investors not yet fully prepared for setting up a company in China, global sites launched by China’s local e-commerce platforms might be the best choice to[…..]

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