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    Russian Importers In Boom Market For Vietnamese Agriculture, Aquaculture Products

    By Chris Devonshire-Ellis Seafood Imports Into Russia From Vietnam Up 72% In 12 Months  Statistics from the Vietnam’s Customs showed that in the first five months of this year, Vietnam exported 21,300 tonnes of aquatic products to Russia, a 72% increase in volume over the past twelve months in business valued at US$72 million.

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    India Negotiating Investments In Russian Arctic Oil & Gas Exploration

    Free Trade Agreement also in the pipeline  India is negotiating investments of between two and three billion dollars in Russian oil and gas exploration and production projects with the Russian government, according to India’s Business Standard newspaper.

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    Russia Considering Making The Kuril Islands A Free Trade Zone

    Russia’s Kuril Islands, lying just 45 km north of Japan’s Hokkaido Island, are possibly to be awarded free trade zone status. Discussions are currently underway, according to Valeri Limarenko, the Governor of the administrating Sakhalin Region has said.

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    New Upgrades For Russian Arctic Sea Ports

    Redevelopment at Dikson, Dudinka and Yenisei SeaPorts to service Coal, Oil, Gas and Nickel Industries and Northern Sea Passage Route The development of the Russian Arctic is continuing with significant investments being made in Arctic Ports at Yenisei, Dikson and Dudinka. Russia’s state-owned nuclear authority Rosatom and Japan’s AEON Corporation have agreed joint ventures to[…..]

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    Fiat To Produce Vehicles For Emerging Export Markets In Russia

    Fiat Scudo light commercial vehicles will be produced in Russia by the end of 2022, multinational automobile manufacturer Stellantis has announced. Stellantis N.V. is a Dutch-domiciled multinational automotive manufacturing corporation, formed in 2021 on the basis of a 50-50 cross-border merger between the Italian-American conglomerate Fiat Chrysler Automobiles and the French PSA Group. It is[…..]

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    Russian Service Exports Outstrip Imports For First Time In Four Years

    By Chris Devonshire-Ellis Growth opportunities for foreign investors especially in transport services The continuing rebalancing of Russian exports away from purely energy commodities has received a boost in that the Central Bank has stated that foreign trade in Russian services last month outstripped imports by US$126.7 million.

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    Eurasian Economic Union Trade Increases 33% January-May 2021

    Foreign trade increases 19% as new FTA begin to make an impact By Chris Devonshire-Ellis The first five months of the year have yielded positive results for intra-Eurasian Economic Union (EAEU) trade, which has increased by 33% compared with the same period last year. The EAEU is a trade bloc that extends from the borders[…..]

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    Russia-Vietnam Meat Exports Reach Record Highs In H1 2021

    Benefits of the Vietnam-EAEU Free Trade Agreement expand into new bilateral trade sectors Russia ranked first among meat suppliers to Vietnam in the first half of this year, the Agroexport Federal Center, part of the Russian Agriculture Ministry said last week. “According to results of the first half of 2021, Russia captured the first place among[…..]

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    Solutions Found For Russian Corporate Bank Account Opening in China

    Russian businesses affected by US banking sanctions may open bank accounts in Shanghai  Solutions have been found for the problems created by US sanctions upon Russian businesses wishing to establish bank accounts in China. The US measures, while specifically aimed at targeted individuals and businesses in Russia, have had a knock-on effect and made it[…..]

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    China-Russian Economic & Trade Index Launched

    by Chris Devonshire-Ellis  The China-Russia (Harbin) economic and trade index report (2021) was officially released last week in Harbin, northeast China’s Heilongjiang Province, near to the border with Russia.

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