Russia-Moldovan bilateral trade has increased 15% this year, reaching US$820 million, according to Dmitry Patrushev, Russia’s Minister of Agriculture of Russia and Co-chair of the intergovernmental commission on economic cooperation between Russia and Moldova.
Sergey Lavrov, Russia’s Foreign Minister Sergey Lavrov has said that the preparations for launching official negotiations between the Eurasian Economic Union (EAEU) and India on a free trade deal were complete.
Op/Ed by Chris Devonshire-Ellis Skilled Factory Worker Salary Averages Across The Eurasian Economic Union The Eurasian Economic Union is a huge Free Trade bloc, comprising Armenia, Belarus, Kazakhstan, Krygyzstan and Russia. Effectively sited between China and the European Union, it is home to 183 million people, and has an annual GDP (PPP) of about US$5[…..]
Getting North Korea Into The Belt & Road Initiative Op/Ed by Chris Devonshire-Ellis Russia and South Korea have been discussing the possibility of establishing an East Asia Railway Union that would create railway connections between it and South Korea, while transiting through North Korea. Russian Deputy Minister of Transport Vladimir Tokarev has recently taken part[…..]
Op/Ed by Chris Devonshire-Ellis Russia, China To Open Offices Promoting Russian Far East Chinese Premier Li Keqiang’s is currently in Moscow, and has been holding meetings with Russian Prime Minister Dmitry Medvedev. The two countries are aiming to develop their bilateral trade to US$200 billion in the next 5 years – an average growth rate of[…..]
Op/Ed By Chris Devonshire-Ellis The US-China Trade war has been taking a large toll on agricultural produce sold by the United States to China. This is partially because China retaliated in a measured response to Washington, knowing that US President Donald Trumps voter base has a large agricultural segment crucial to his being re-elected. Thus[…..]
Op/Ed by Chris Devonshire-Ellis Azerbaijan Developing As A Hub For The Belt & Road, European Union & Eurasian Economic Union Shahin Mustafayev, Azerbaijan’s Economic Minister, has stated that bilateral trade between Azerbaijan and Russia saw a 23 percent growth in the first seven months of this year. He pointed out further potential for expanding the[…..]
Op/Ed by Chris Devonshire-Ellis MC21 Makes Maiden International Flight This Morning From Moscow To Istanbul Russia’s medium-haul passenger liner MC-21 has made its debut international flight from Zhukovsky airport near Moscow to Istanbul’s Ataturk Airport this morning. This marks the first international flight and public use of this aircraft outside Russia, and is part of[…..]
Op/Ed by Chris Devonshire-Ellis Unhappiness with the manipulation by the United States of the global SWIFT payment network to effectively cut entire countries off from the global banking system has lead to an increasing number of alternatives being developed. SWIFT currently accounts for about 40% of all global currency transactions, yet has been used by[…..]
Russia Benefiting from US-China Trade War as United States Becomes An Unreliable Trade Partner For Beijing Op/Ed by Chris Devonshire-Ellis Four months ago I wrote an article “China’s US$60 Billion Tariffs On United States Products A Good Opportunity For Russia To Push The US Out Of Asia”. At the time it was considered pretty bearish[…..]