Coordination of the North-South Transport Corridor To Lead To Greater Trade & Transit Opportunities Tehran’s full-scale involvement in BRICS’ activities was the focus of a telephone call between Presidents Vladimir Putin of Russia and Ebrahim Raisi of Iran, the Kremlin press service said on Tuesday (September 26).
2022 bilateral trade increased by nearly 50% By Michael Barantschik Russia is expanding its global trade by enhancing its infrastructure and transportation options in its eastern regions. In light of that, the business relationship between Russia and Mongolia has strengthened in recent years. Both countries are exploring new areas for collaboration and working together to[…..]
Mistrust over asset management in Europe is driving investors away While much of the focus on Russian assets in Europe has been on sanctioned properties and frozen bank accounts, there has also been a reaction to the perceived threat to overseas property being held by the EU in particular. Many of the assets and bank[…..]
Russia and China also holding Ministerial level talks in Moscow The Russian President Vladimir Putin will meet with Chinese President Xi Jinping in Beijing next month, the Kremlin has confirmed. Discussions will take place during the backdrop of the Belt and Road Initiative Forum, the first China has hosted for four years. This year marks[…..]
Unrealised potential as Russian clothing manufacturers should look east for textiles By Emil Avdaliani Russia’s turn eastward plays out differently in the relations with developing Asian countries. Most benefit from the Western sanctions imposed on Russia as the latter seeks to alleviate the effects of the unfolding decoupling with the European Union. There are however[…..]
Russia and India cooperating on shipbuilding as NSR route gains importance in India’s energy strategy Aleksey Chekunkov, the Russian Minister for the Development of the Far East and the Arctic, has stated that despite sanctions affecting shipbuilding projects, the Northern Sea Route (NSR) in Russia’s Arctic economic zone is experiencing an unprecedented surge in[…..]
By Emil Avdaliani Given the geopolitical tensions between Russia and Western countries, Moscow has actively sought to diversify its economic relations and reduce its trade dependency on the West. Strengthening ties with financial centers in Asia, including Hong Kong, offers a potential avenue for this diversification. One of the major results of the Western sanctions[…..]
By Paul Goncharoff Just over a month ago on August 15, 2023, pilot testing using Real Digital Rubles got underway by thirteen banks and a selected number of these banks’ clients. This has allowed the Digital Ruble project and platform to operate in actual commercial transactions and to work through streamlining processes and procedures employing[…..]
Russia is replacing a European market of 450 million consumers with a Far Eastern one of 1.6 billion By Chris Devonshire-Ellis The Russian President Vladimir Putin gave the Plenary session speech at the Far Eastern Economic Forum (FEEF) in Vladivostok on Tuesday (September 12) together with a Q&A session afterwards. The FEEF is important as[…..]
By Chris Devonshire-Ellis Following is an extensive Q&A session entered into by the moderator, Ilya Doronov and President Putin. Doronov is a Russian journalist, television presenter and radio host – interestingly not known for giving his subjects an easy time.