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    Non-Energy Iran – Eurasian Economic Union Trade Up 93% After FTA Renewal Signed

    The value of non-oil trade between Iran and the members of the Eurasian Economic Union (EAEU) exceeded US$1.6 billion in the first four months of the current Iranian calendar year (March 21 – July 22) to register 93% Year on Year growth compared to 2020. Hossein Kakhaki, director-general of the International Cooperation Department of the[…..]

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    Russia And Uzbekistan Plan Agricultural Rail Freight Corridors

    Russia and Uzbekistan have green-lighted the blueprints for logistical corridors between the two countries following Russian Deputy Prime Minister Alexei Overchuk’s meeting with his Uzbek counterpart Sardor Umurzakov in Tashkent. The plans outline bilateral efforts to improve customs, sanitary, and phytosanitary procedures to ensure the safe passage of goods between the two countries, while they[…..]

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    Will Moscow Or Beijing Give The Taliban Diplomatic Recognition?

    By Chris Devonshire-Ellis Peace Depends On Whether Abdul Ghani Baradar Can Develop From A Career As A Freedom Fighter To Become A Statesman With the Taliban in the process of forming a Government in Afghanistan, the steps after this are for that same Government to reestablish diplomatic ties. That is not going to be easy.[…..]

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    Russian 2021 Exports To Asia Are Now Close To The Levels With Europe

    By Chris Devonshire-Ellis The EU is diminishing in the longer term in importance in Russian export trade significance while Asian exports heat up. Brussels could find its current leverage on Moscow reduced.  Russia has traditionally been a European play, however since sanctions were imposed upon the country by the EU in 2014, Russian exporters have been looking[…..]

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    Foreign Investment Into Russia’s Special Economic Zones

    By Chris Devonshire-Ellis Investments into Russian SEZ have reached US$4 billion with 19 national SEZ and another 6 coming online, each offering numerous tax and operational benefits for foreign investors   Knight Frank, the international real estate consultancy, has issued data showing that the total investment volume in Russia’s Special Economic Zones (SEZ) over the past[…..]

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    Russia Set To Renegotiate Double Tax Treaties With Hong Kong & Singapore

    By Chris Devonshire-Ellis Moscow needs to be aware of the differences between European offshore tax avoidance and Asian bilateral trade development  Russia has been on a mission to renegotiate its double tax treaties (DTA) over the past couple of years, especially as several of them are considered overly advantageous and against Russia’s fiscal interests. For[…..]

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    Eurasian Economic Union Economy Recovering, Manufacturing Output Up 6.5%

    Positive results good news for EAEU export free trade partners The collective economy of the Eurasian Economic Union (EAEU) member states – Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia is recovering gradually from the coronavirus pandemic, Russian Prime Minister Mikhail Mishustin said at the meeting of the Eurasian intergovernmental council on Friday. “The pandemic period has[…..]

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    Russian Opportunities To Raise Capital, Acquire Talent And Access Asia’s US$3 Trillion Consumer Markets From Singapore

    500 Russian Companies are now based in Singapore looking at Southeast Asian opportunities. We explain the market trends Russian entrepreneurial ventures should be exploring the wealth of opportunities that Singapore and the ASEAN region have to offer. With deep pools of technology talent and vibrant, modern consumer markets, there are abundant opportunities in Singapore’s sometimes[…..]

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    China’s Ministry of Commerce Research Paper Suggests Russia’s New Energy Vehicle Market Is A Huge Cooperation Opportunity

    China’s Ministry of Commerce has released a research paper that has identified the Russian market as an ideal export and cooperation area in the New-Energy Vehicle sector. This development, given time, will likely open a new front in China-Russia auto industry cooperation. New Energy Vehicles include electric, hydrogen, and other petrol or diesel alternatives. Russia has[…..]

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    China’s Union Pay Acquires Access To Belarus’s Largest ATM Network

    China’s UnionPay, a leading global payment services provider competing with the likes of Visa and Mastercard, has announced completion of its integration with the ATM and POS network in Belarus with JSC Bel Agroprombank, one of the largest banks in Belarus. Union Pay has therefore significantly increased its acquiring network coverage in the country.

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