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    Mongolian Transit Of Power of Siberia 2 Pipeline Construction to Begin In 2024

    Russia redirecting previously EU-bound Western Siberia gas fields via pipelines to China  Construction of a Russian-Chinese natural gas pipeline transiting through Mongolia will begin in 2024, the Mongolian prime minister has said. The Power of Siberia-2 pipeline, which will deliver Europe-bound gas from western Siberian fields to China for the first time, has a target[…..]

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    Why Russian Exporters Should Be Looking To The India Consumer Market for Diversifying Trade

    Indian Imports Of Russian Goods Grew 272% In April-May 2022 By Chris Devonshire-Ellis With the Indian Reserve Bank opening the route for the Rupee to be used in international settlements, increasing amounts of Russia-Indian trade can now be expected to be traded in each each others currencies. Indian imports from Russia have already jumped 272%[…..]

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    India’s Rupee Move To Trade With Russia Has Underlying Global De-Dollarization Implications

    India’s Reserve Bank (RBI) has allowed the Rupee to be used in international trade settlements (full story here) in moves generally seen as assisting its trade with Russia, with the US$ and Euro out of reach due to Western sanctions on Moscow. However, that is not the entire story. India also needs, as Russia has[…..]

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    Russia To Lose US$85 Billion In Loss Of Oil & Gas Tax Income In 2022

    Rystad Energy, the Oslo based energy consultancy, have stated that the Russian government could lose as much as US$85 billion in oil and gas tax income this year due to them providing significant discounts in Urals blend crude.

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    Putin To Visit Iran Next Week To Attend Syria Redevelopment & Peace Forum

    Syrian reconstruction and energy supplies east to be discussed with regional players  Russian President Vladimir Putin will visit Iran on July 19, to take part in the meeting of the heads of Astana process guarantor states, Russia’s Presidential Press Secretary Dmitry Peskov has said.

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    Russian Crypto Payments Can Be Acceptable in Foreign Trade

    Russia’s financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has said, adding to growing support for the legalization of international crypto payments in Russia amid financial restrictions imposed over the Ukraine conflict.

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    Aeroflot To Launch Regular Passenger Service To Chengdu

    Aeroflot plans to launch regular passenger flights from Moscow to the Chinese city of Chengdu, Sichuan province, on July 22, Russia’s flagship airline said in a statement. Aeroflot will operate the flights once per week on wide-body Airbus A330.

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    Russia Talks Trade & Economic Development With Iran

    Russia is looking to enhance its trade connectivity access to the Middle-east and South Asia, with Iran strategically important in allowing it to do so. Russia has Caspian Sea access via its ports at Astrakhan, which permits maritime shipment south to Iran’s Caspian ports at Anzali amongst others. From there, road, and from early 2023,[…..]

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    Russia Introduces Tax Support Regulations For Domestic IT Development

    Russia’s State Duma has adopted laws on tax support for the Russian IT industry. This will help increase the use of Russian software in domestic companies, provide jobs for Russian IT specialists, reduce the departure of Russian specialists abroad, and accelerate the technological development of the Russian economy. Cooperation with China rather than the United[…..]

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    Putin Signs ‘Death Warrant’ For US Dollar

    It went unnoticed but Putin’s ‘Gas for Rubles only’ decree was signed on July 4th – American independence day. The latest rubles decree impacts sovereign debt. Russian President Putin yesterday (July 6) issued a decree concerning the payment of Russia’s foreign currency debt in rubles. Starting from July 6, Russia’s payments on foreign currency debt[…..]

Showing 10 of 1379 articles