Russia and Europe are undergoing a renaissance in relations, with trade between the two rising by 20 percent in 2018 – though still falling short of full potential.
Further anti-Russian trade sanctions by Washington seek to isolate Russian traders from US controlled payment systems from January 1.
Members of the Eurasian Economic Union (EAEU) may abandon border procedures and adopt a common currency in the future, following the path taken by the EU.
The 90 day truce in the US-China trade war and suspension of additional tariffs has played to Russia’s advantage – an unintended consequence for Washington.
Member states of the Eurasian Economic Union (EAEU) increased the share settlements in local currencies to 70 percent in the first half of 2018.
Russia and Norway have agreed to build an “Arctic Electric Road” between their two countries, in a development that both provides greater connectivity and is eco-friendly. The Arctic Electric Road Project is a joint undertaking between the Murmansk Regional Government and officials in Norway and is on track to build an electric car charging infrastructure[…..]
Russia wants India to remove barriers hindering their mutual trade and capital investment as agreed upon institutionally.
Russian businesses are increasingly being introduced to and encouraged to develop business in ASEAN nations as the Eurasian Economic Union spreads its influence over the region.
Russia’s bilateral dialogue with European countries has continued, with the President of Austria and the Prime Minister of Italy’s visit to Russia.
Moscow has a lot to offer in tourism, shopping, and business; it was recently named the world’s sixth-best metropolis in a ranking of 100 major cities.