Russia and Uzbekistan have agreed to US$27 billion worth of investment deals with Russia at the first Russian-Uzbek Inter-regional Cooperation Forum, held last week in Tashkent.
Chinese companies are ready to deploy their own advanced technology, equipment, and engineering in the construction of infrastructure in Russia’s Far East.
Buoyed by an economy re-modelling itself after Western-imposed sanctions, Russia’s exports are expected to grow to US$250 billion by 2024.
The Russian Ministry of Industry and Trade have announced that Chinese and Indian companies are investing millions of dollars in the Klyuchevskoye Gold Depots.
Six years after international sanctions were imposed on Russia, once imported European gourmet foods are now being produced in Russia.
The Northern Sea Passage opens up a new Eurasian route; significant Chinese and Russian investment in ports along Russia’s arctic land mass support this.
Russia will launch four industrial and investment zones overseas as part of its Export Development Plan; the first such facility was set up near Port Said in Egypt.
China has held a Russian premiere at the Mariinsky Theatre in St.Petersburg of its opera “The Dawns Here Are Quiet”, adapted from a book by Boris Vasilyev.
Wealthy Russian nationals with money parked overseas are scrambling to find new homes for their wealth and business after a new round of sanctions get triggered in October.
Russian-controlled foreign offshore companies can now re-register in offshore financial centers established in the Kaliningrad Region and Primorsky Territory to minimize exposure to sanctions and other political risks.