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    Russian Users Of Equipment and Services Sold By Foreign Exited Suppliers Start To Issue Class Action Lawsuits In Damages

    Netflix and Sony the first to feel Russian consumer wrath in courts with Spotify next in line    The fairly obvious has begun to occur as a sanctions byproduct – Russian domestic buyers of foreign equipment sold to them in Russia in good faith are now starting to issue claims for damages when those suppliers[…..]

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    Changes In Russian Laws Effective June 1

    Russia increases minimum wage, hikes pensions by 10%, clamps down on weapons ownership    Numerous new laws in Russia come into effect from June 1, 2022 that will affect foreigners based in the country, Russian dependents being financed from overseas, as well as for Russian nationals. These are wide-ranging and cover on a personal basis, everything[…..]

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    Russia – Mongolia Trade Up 30%, Looking To Expand

    Bilateral and transit trade set to boom in the wake of rapidly growing Russia-China commerce Sergei Glaziyev, a member of the integration and macroeconomics panel of the Eurasian Economic Commission, has been speaking about bilateral trade relations between Russia and Mongolia at the “Russia-Mongolia: Partnership in the New Reality” forum, which is being held in[…..]

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    ‘External Management’ Impositions On Foreign Invested Businesses In Russia

    Protecting Your Russian Business & Assets Under Sanctions & New State Regulations Numerous international businesses, mainly high-profile brands, have been exiting Russia as shareholder, domestic government, and media pressures upon them have persuaded many that for now, Russia is too much of a political hot potato to handle. Others have elected to ride it out,[…..]

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    The Eurasian Economic Forum Kicks Off In Bishkek

    This Year’s Forum gains significance as Russia’s pivot to Asia and Supply Chain movements place Central Asia in the spotlight. By Chris Devonshire-Ellis The Eurasian Economic Forum is an annual business event of the Eurasian Economic Union concentrating on economic and commercial issues and is this year being held in Bishkek, the capital of Kyrgyzstan.[…..]

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    SPIEF 2022 – What Do You Want To Know?

    Russia’s primary international economic forum takes place in June amongst the background of extraordinary events. We give you a front row seat. The St.Petersburg International Economic Forum (SPIEF) takes place from June 15-18, an annual event usually hosted by the Russian President Vladimir Putin and one at which Russia-Global economic and trade development and investment[…..]

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    Exit Of Foreign Retailers In Russia Ushers In A New Era Of Wholesale Markets

    Russia goes Farm To Table in latest moves to reorganise consumer distribution networks and put profits back into the hands of the producers The mass exodus of foreign retailers in Russia from the Russian domestic market is leading to a resurgence of the traditional wholesale markets, and possibly better prices for consumers as middle-men are[…..]

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    Thailand Wants To Increase Russia Bilateral Trade To US$10 Billion By 2023

    Bangkok is following the trend for ASEAN nations to establish Free Trade Agreements with the EAEU Thailand and Russia are ready to boost bilateral trade to US$10 billion in 2023, Jurin Laksanawisit, Thailand’s Minister of Commerce Minister said on Saturday. Jurin was speaking after talks with Russia’s Economic Development Minister Maxim Reshetnikov on the sidelines[…..]

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    Russian Sanctions Echo The 2018 US-China Tariff War

    Opportunities By Forcing Investment Into Emerging Markets With Kazakhstan A Clear Winner As Geopolitics Reshape Central Asia By Chris Devonshire-Ellis Kazakhstan has been placed in an awkward balancing act during 2022 as concerns its relationship with Russia. While bilateral and political relations are warm, as evidenced by Russia’s lending support in January to quell mass[…..]

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    Russia’s Ukraine Objectives Have Become Clear – Control Of The Black Sea

    If successful, Russia will effectively control both northern and southern European supply chain routes to Asia  The Ukraine conflict is almost ‘overreported’ in the Western media, with constant news that Russia is losing the on-going battles and that troops are constantly being defeated. Western media is being fed information from Ukrainian, not Russian sources, which[…..]

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