Russia is powering ahead with its digital technology plans and is set to become a “fast follower” 5G nation on the global stage.
Russian Railways is considering launching a passenger train along the route St. Petersburg – Kaliningrad – Berlin, passing through Latvia, Lithuania and Poland en route, Victor Golomolzin, the CEO of Kaliningrad Railroad, part of Russian Railways told journalists last week. The route, which is currently connected, yet remains unused, will require some upgrading to bring it to contemporary standards. At present[…..]
The development of the Arctic Northern Sea Passage has taken a major step forward with the Russian supertanker Christophe de Margerie en route to South Korea. Sailing the Northern Sea Route with a load of liquefied natural gas from Norway, the shipment is a major step for Russia’s Sovcomflot to enter the global gas transportation market. Sovcomflot has 128 tankers and 13 LNG transport[…..]
Russian Railways has completed the construction of a rail link that keeps away from the Lugansk region of Ukraine, bypassing the country entirely. Service is expected to start in September. A test train of a locomotive and freight cars has already run through the completed stretch, Russian Railways have said. The construction of the rail link between Zhuravka[…..]
Russia and China have announced the signing of a USD13 billion Joint Venture company, the China-Russia Commercial Aircraft International Corporation (CRAIC), set up to compete with Boeing and Airbus. The license to operate in China was granted in Shanghai on Monday. The JV is between the Commercial Aircraft Corporation of China (COMAC) and Russia’s United Aircraft[…..]
The Russian economy, long criticized for being too dependent on oil and gas exports, has shown signs of responding to planned diversification as Q1 Russian export trade figures are released. Commenting on these, Pavel Kadochnikov, President of the Center for Strategic Research (CSR) has highlighted fast growth in the agricultural sector especially, and including items[…..]
The e-commerce market in Russia is constantly growing. The volume of cross-border trade in Q1, 2016, grew more than twice compared with the same period in 2015. In 2017, Russian buyers will spend 37 percent more via foreign online stores than in the past. According to AKIT, the association of e-commerce companies, online sales volume[…..]
Russia has taken over from Saudi Arabia as the world’s largest supplier of crude oil, according to the Riyadh based Joint Organisations Data Initiative. This development will benefit China’s Silk Road infrastructure ambitions, which link Russian oilfields directly to China.
By Marina Romanova Since Friday, November 17 LinkedIn is officially blocked for around 6 million Russians, who have accounts in the world’s largest job searching engine. Russia’s Roskomnadzor communications watchdog, told Interfax news agency on Thursday that the website would be blocked within 24 hours, and a number of Internet service providers appeared to have immediately begun blocking the website,[…..]
By Marina Romanova According to the national railway operator, Kazakhstan Railways is setting up a cargo airline in partnership with national carrier Air Astana. The first national cargo airline will begin to operate in 2017 with China, Europe, Iran, Russia and Turkey among its first destinations. The new transportation project aim is to strengthen Kazakhstan’s[…..]