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  December 12, 2022 by Russia Briefing
  

  Russian Importers Can Pay For Indian Goods In Rupees Via India Based Ruble-Rupee Vostro Bank Accounts

  Indian exporters are expecting shipments to Russia to be settled in rupees next week, the first time the new system will be tested since the Reserve Bank of India launched it earlier this year.
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  December 11, 2022 by Russia Briefing
  

  Russian Exports To Georgia Up 74% In 10M 2022

  Georgia has been increasing Russian imports to record highs this year, while Western economies have been existing the market. Economists believe Georgian buyers are taking advantage of weak demand for Russian commodities and snapping up bargains.
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  December 8, 2022 by Russia Briefing
  

  2022 Belarus-Russia Trade To Hit Record US$50 Billion

  Belarus-Russia trade is likely to hit a record high of $50 billion in 2022, according to the Belarusian Ambassador to Russia, Dmitry Krutoi, who made the statements at the “Belarus – Russia: Equal Union, Common History, Shared Future” forum held this week.
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  December 7, 2022 by Russia Briefing
  

  Gazprombank Launches Chinese RMB Yuan Remittance Services To Individuals & Businesses

  Gazprombank (GPB) has launched money remittances for individuals in Chinese yuan from their accounts to the accounts of individuals and legal entities in any other bank in Russia or abroad, the bank has stated. Gazprombank retail clients could previously make transfers in Russian rubles, U.S. dollars, and Euros. In the West, the bank is sanctioned[…..]
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  December 6, 2022 by Russia Briefing
  

  2022 European Union Trade With Russia: Increases & Decreases YTD

  The Russian State-Owned Statistics Agency RIA Novosti has claimed that many EU countries have increased their bilateral trade with Russia, citing data from the European Union’s own trade intelligence.
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  December 5, 2022 by Russia Briefing
  

  Russia-Commonwealth of Independent States Trade Up 6.8% In 9M 2022

  Energy, construction and agricultural trade all show sizeable increases   By Chris Devonshire-Ellis   The 96th meeting of the Economic Council of the Commonwealth of Independent States has taken part, with Russian Deputy Prime Minister Viktoria Abramchenko representing Russia. The Commonwealth of Independent States (CIS) includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan and[…..]
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  December 2, 2022 by Russia Briefing
  

  Russia’s Purchasing Managers Index In Fastest Rise Since 2017

  Russian business recovery 6% higher than European Union Russian manufacturing firms recorded their fastest rate of growth last month in almost six years due to new export orders and increased demand from domestic customers, according to a business survey published on Thursday (December 1) by S&P Global.
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  December 1, 2022 by Russia Briefing
  

  2022 Russia-Brazil Bilateral Trade Reaching Record Highs

  Trade volumes between Brazil and Russia are on track to reach a record high of US$10 billion by the end of 2022, according to Rodrigo Baena Soares, Brazil’s Ambassador to Russia.
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  November 30, 2022 by Russia Briefing
  

  Russia’s Ozon Retailer Finds Huge Online Sales Market In China

  Market is booming for Russian retailers able to handle Chinese goods Ozon, one of Russia’s largest online retailers, has opened an office in Shenzhen, in South China near to Hong Kong, as the demand for Chinese products in Russia keeps growing.
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  November 30, 2022 by Russia Briefing
  

  EAEU Looks To Establish A Common Payment System With The BRICS

  The Eurasian Economic Union (EAEU) is examining the possibility of setting up a common payment system with BRICS nations. Such a move would establish an intra-trade payment system that would bypass the need for SWIFT. Intra-EAEU trade is on target to reach slightly under US$100 billion this year, while Intra-BRICS trade was valued at 1.6[…..]