MOSCOW TIME: 17.06.2021 03:08:07

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Trade between Azerbaijan, Russia grows 23%

The trade turnover between Azerbaijan and Russia grew 23 percent in the first quarter of this year. “Trade relations are developing very successfully,” Azerbaijan’s Economy Minister Shahin Mustafayev said. Last year, according to our statistics, the growth in trade turnover ...

Modified: 14.06.2019
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Vietnamese firms plan penetration into potential Russian market

With the population of 143 million people, GDP per capita approximating US$17,000 a year and the increasingly developing middle class which accounts for 10-25 percent, lots of Vietnamese firms estimated that Russia is a highly potential market for Vietnamese agricultural, forestry and fishery products so they have been planning penetration into this market. Among them, director of Minh Phat Food Company said that it has many times attended fairs in Russia ...

Modified: 13.06.2019
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Philippines keen on exporting mangoes to Russia

The Philippines intends to increase mango exports to Japan, South Korea and Russia to ease the glut in mango supply, but the Department of Agriculture (DA) admitted it will not be easy due to the stringent food-safety rules in these nations. Agriculture Secretary Emmanuel F. Piñol told reporters in an interview on Monday ...

Modified: 13.06.2019
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Lumber exports from Russia to Japan jump 20.2% in April

Lumber exports from Russia to Japan soared 20.2% y-o-y to 80.6 thousand m3 in April 2019, export value expanded 21.1% to $29.3 million, according to Customs and Tariff Bureau of Japan. Total lumber imports to Japan increased 8.35% to 528.0 thousand m3 with import value ...

Modified: 11.06.2019
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Russian carmakers boost exports to help plant capacity

In the first quarter of 2019 Russia exported 22,700 finished vehicles, an increase of 43.3% compared to the same period last year and equal to $307m, according to the Russian Federal Customs Service. Russia’s biggest vehicle exporter is Avtovaz. In 2018, the company sold ...

Modified: 11.06.2019
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Russia retains top spot as largest market for Turkish tomatoes

Turkey exported tomatoes worth some $163 million in the first five months of this year. During that period, Russia was the biggest market, importing approximately $62 million worth of Turkish tomatoes, produced mainly in greenhouses in the Mediterranean and Aegean regions. Compared to the same period of last year, Russia ranked first with a 201% increase. Russia ...

Modified: 10.06.2019
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Trade between Russia and China has increased in 2019

Vladimir Putin and Xi Jinping talk Russia-China relations. The Russian and Chinese leaders hailed ties that had reached an "unprecedented level" after having cozied up repeatedly in recent years. On a visit to China in early April, Russian President Vladimir Putin triumphantly ...

Modified: 10.06.2019
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Armenia economy minister on opportunities to export to Russia

Armenia has rather wide opportunities to export products to Russia. This is what Armenia’s Minister of Economy Tigran Khachatryan said during a discussion on the report on the performance of the 2018 State Budget held as part of the session of the Standing Committee on Eurasian and Regional Integration ...

Modified: 07.06.2019
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TVEL Fuel Company of Rosatom and Hermith GmbH establish a joint venture for titanium production

... Minister for Economic Affairs and Energy of Germany Peter Altmaier. The agreement determines the relevant corporate procedures for establishment of the new company, as well as a list of documents required for the investment deal and their purpose. The Russian-German joint venture will specialize in high value-added products for knowledge intensive industries such as aviation, automotive industry and medicine. In the first stage, it is planned to launch titanium wire production for additive manufacturing ...

Modified: 07.06.2019
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Russia lifts import ban on stone fruit from Serbia, North Macedonia

Russia lifted an import ban on stone fruit from North Macedonia and Serbia, the Rosselkhoznadzor agriculture watchdog said in a statement. Moscow imposed the ban in August on some fruit from the two countries after it said it had found the Monilinia ...

Modified: 28.05.2019
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Switzerland boosts investments and exports to Russia

Export of Swiss goods to Russia surged over 10% last year, reaching nearly 80% of the pre-crisis levels, according to Tobias Privitelli, the deputy head of the Swiss diplomatic mission in Russia. The deputy ambassador added that Switzerland has been exporting vast volumes of ...

Modified: 28.05.2019
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Chicken from Russia comes to China

For the first time since the Soviet era, Russia is sending poultry to China. It’ll likely take time to seriously challenge major shippers like the U.S., Brazil and European Union, but last months sale of chicken wings could be a warning of more competition for exporters hoping to send ...

Modified: 23.05.2019
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The Chinese liked the Russian cheese

... preliminary cooperation agreement was also signed with one of the major distribution companies in China. "We rely primarily on cheese, milk and butter. These are the categories that we could deliver to China in the near future. But the interest in Russian products is so great that it is possible that we will create some special names of dairy products specifically for the Chinese market" - shared Deputy General Director of the company "Molvest" Boris Dekhaev. Consumption of dairy ...

Modified: 23.05.2019
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Russia again top market for Turkey's fresh fruit, vegetable exports

Turkey's fresh fruit and vegetable exports to 118 countries amounted to $622.5 million in the first four months of the year with Russia taking the lead among markets with $184.2 million in the said period. In this period, the Russian Federation ranked first with $184.2 million, followed by Iraq with $61.9 million and Romania with $60 million. Meanwhile, in the said period, 86,...

Modified: 22.05.2019
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Rosatom fabricated nuclear fuel for initial loading at Unit 2 of Belarus NPP

... has its own profile, meanwhile both of them have expertise of production of VVER-1200 fuel. This enables us to timely supply nuclear fuel to all NPPs with advanced and most efficient Gen 3+ power units, both operational and those under construction in Russia, Belarus, and other countries where Rosatom is constructing NPPs of similar design,” Mikhail Zarubin, Senior Vice President for Production at TVEL JSC, commented. TVEL JSC and Belarus NPP Republican Unitary Enterprise signed the contract ...

Modified: 21.05.2019
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Russia EU Trade Balance

During the first three months of 2019, the trade turnover between Russia and the countries of the European Union increased 1.2% year-on-year up to 31.1 bn euro. According to Eurostat, import from EU countries into Russia was up 0.5% making 20.6 bn euro. Export from Russia to the European Union increased by 1.5% to ...

Modified: 20.05.2019
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The Ministry of economic development of the Russian Federation offers foreign investors to participate in a survey on What changes are needed in Russian legislation so as to create the most comfortable environment for doing business in the Russia?"

Nowadays, the world economy requires greater state involvement to international investment flows to increase the attractiveness and competitiveness of the country. Therefore, the Ministry of economic development of the Russian Federation, given the best domestic and foreign experience, is currently developing a package of bills that will significantly increase the investment attractiveness of the country. One of the key aims of the package of bills is to create completely ...

Modified: 16.05.2019
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Russian agricultural production has surged by 20% over the past five years

Global grain production is set for a sharp increase in the next 12 months with Russia remaining the top exporter, according to a report from the United States Department of Agriculture (USDA). The USDA projects global wheat production to grow by 46 million tons from the previous year to a record 777 million tons. Russia will be ...

Modified: 15.05.2019
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Turkey's top exports to Russia: Tomatoes, mandarins and lemons

Turkey exported more than 147 million USD (131 million Euro) worth of fresh fruits and vegetables to Russia in the first three months of the year. Tomatoes, mandarins and lemons were top export products. According to Eastern Black Sea Exporters' Association (DKIB), Turkey, in the first quarter exported 219 thousand 145 tons of fresh fruits and vegetables ...

Modified: 15.05.2019
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Russia, Turkey to develop cargo supply via BTK

The Russian Railways Logistics JSC and the Turkish logistics operator Pacific Eurasia Logistics have agreed to establish a joint venture to develop logistics routes for cargo supply via the Baku-Tbilisi-Kars (BTK) railway, Trend reports referring to the External ...

Modified: 14.05.2019
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Kazakh region to export fruits, vegetables to Russias Tatarstan

... as Magnit and X5 Retail Group. The company’s annual turnover is more than 1 billion rubles ($15.3 million). The press service mentioned that the company from Kazan intends to expand areas of cooperation in the supply of fruits and vegetables to Russia and establish business contacts with fruits and vegetables producers of the Turkistan region. "The planned volume of purchases of fruits and vegetables by Mariana-Region is about 500,000 - 600,000 tons per month. Tatar entrepreneur Gasanguseynov ...

Modified: 14.05.2019
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Ashgabat, Moscow mull joint economic projects

The 11th meeting of the Intergovernmental Turkmen-Russian Commission for Economic Cooperation was held in Ashgabat on May 8. The Russian side was represented by Deputy Prime Minister Konstantin Chuichenko and Deputy Foreign Minister Grigory Karasin. The parties considered joint projects, issues of ...

Modified: 13.05.2019
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Ukraine Increased Import Of Russian Fireclay

According to the Federal Custom Service of Russia, from January to February, 2019 Ukraine imported from Russia 435.8 tons of fireclays for the total amount of $43.5 thous. Thus Ukraine had a 37-fold increase in terms of fireclay import volume and a 45-fold increase in terms of import value....

Modified: 08.05.2019
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Who Bought Russian Buckwheat in January-February, 2019

According to the Federal Custom Service of Russia, for the first two months of 2019 Russias buckwheat export has amounted to 8.2 thous. tons and decreased by 22.8% compared to the same period of 2018. Nevertheless, the export value has gone up by 4.7% to $2.65 mln. For this period Russia ...

Modified: 08.05.2019
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Philippines starts mango export to Russia in May

According to provincial agriculturist, Ronie Morante, Guimaras is expected to start the export of its sweet mangoes to Russia in May. Last year, the province was able to produce 11,500 metric tons. This year they are projecting to have more than 12,000 metric tons due to favorable weather condition. Currently, the province has 274,822 mango trees and almost 200,000 ...

Modified: 08.05.2019
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Foreign investors show interest in agricultural projects in Crimea

... interested in potential of the agricultural sector of the republic of Crimea. "At all levels, we are marking the growing interest of foreign investors. We will welcome the participation of Chinese companies in projects in the Republic of Crimea," Russian Deputy Minister of Industry and Trade Alexey Gruzdev said. "Thanks to its environmental conditions and active development of infrastructure this region is of great interest for investment projects, in particular in agriculture. The Yalta ...

Modified: 07.05.2019
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Canned Asparagus Is An Acquired Taste

According to the Federal Custom Service of Russia, from January to February, 2019 Russias export of canned asparagus (prepared or preserved otherwise than by vinegar) was 2.5 times as much as its import. For this period Russia exported 316 kg of this product for the total amount of $1.2 thous....

Modified: 07.05.2019
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Indias Supplies Of Peppermint Essential Oil To Russia Increases

For the first two months of 2019 India has exported to Russia peppermint essential oil for the total amount of $54.5 thous. and thus increased its supplies sevenfold compared to the same period of 2018. For this period India has accounted for 87% of all peppermint oil supplies to Russia. Also Russia has ...

Modified: 07.05.2019
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Export of agricultural equipment from Russia to Uzbekistan increases

Export of Russian agricultural equipment to Uzbekistan increased 7.5 times compared to 2017, to $20,817 million, Trend reports the press service of Russia's Rosspetsmash association. Russian plants export a wide range of agricultural machinery to Uzbekistan: ...

Modified: 07.05.2019
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Iran, Russia strengthen economic, trade ties

Iranian Ambassador to Russia Mehdi Sanai and Russian Deputy Minister of Industry and Trade, Georgy Kalamanov, have explored the possibilities of expanding trade and economic cooperation between the two countries at a meeting in Moscow. During a meeting, Sanai and Kalamanov ...

Modified: 06.05.2019
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Moscow supplies goods and services to almost two hundred countries

Last year, exporters from the capital city cooperated with partners from 184 countries, said the CEO of the Moscow export centre, Kirill Ilyichev, in an interview with RIA Novosti. According to him, mechanical equipment, machinery and computers take the top spots on the list of deliveries. Kazakhstan, Belarus, Egypt, the USA and Algeria have become leaders in the import of non-primary non-energy goods from the capital of our country. As noted, exports to Algeria and Egypt decreased last year. Thus...

Modified: 25.04.2019
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Exports of electric motors and generators to India have increased almost 3.5 times

For our country, India is the most important trade partner and a priority region, which is the focus of the development of the Russian non-primary product exports, as TASS quotes the head of the Russian Export Centre, Andrey Slepnev. In his words, over the past three years, the positive dynamics of bilateral trade have been maintained. At the end of last year, non-primary non-energy ...

Modified: 25.04.2019
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First step for Turkey to import Russian meat and dairy products

Ankara and Moscow reached an initial settlement on the supplies of Russias dairy and meat products to the Turkish market, Russias state news agency TASS reported. "There is the first decision on the access of Russia’s meat products to the Turkish market in the framework of an allocated quota but without ...

Modified: 24.04.2019
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Russia 20192023: Apple imports will increase

In the period from 2014 to 2018, apple imports to the Russian market decreased by 23% from 1.13 to 0.87 million tons. Last year, Moldova became the main supplier of apples to the Russian market with a volume of 245,8 00 tons (28.3% of total Russian imports). China ranked second in shipments, sending 128,...

Modified: 23.04.2019
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Russian company orders 2 tons of mangoes a week from Guimaras growers

The Department of Agriculture (DA) said a Russian company has placed an order of 2 metric tons of mangoes a week with growers in Guimaras. “It’s a major breakthrough for us in the Eastern European market. Were hoping that this will be the beginning of our entry into the European ...

Modified: 22.04.2019
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Turkish tomato exports to Russia rise fivefold in first quarter

Between January and March 2019, Turkey's tomato exports to Russia reached $47.52 million, up by 411% compared to the same period last year. According to information compiled from Aegean Exporters' Associations data, Turkey earned $292 million in revenue from tomato exports to 53 countries last year. While Turkey's ...

Modified: 22.04.2019
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Argentinian Mozzarella Taps Into Russian Market

According to the Federal Customs Service of Russia, for the first two months of 2019 Argentinas export of mozzarella to Russia has went up by 89% in terms of value and by 92.4% in terms of volume. Russia has imported almost 624 tones of mozzarella for the total amount of $2.28 mln. For this ...

Modified: 18.04.2019
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Structural upgrade in exports, imports boosts trade between China and Russia

In 2018, trade between the two countries was more than $100 billion, according to data released by the Ministry of Commerce in January. China’s trade with Russia could be further boosted as bilateral goods trade is undergoing a structural upgrade amid downward economic pressure and stagnant global trade, said industry insiders at the economic forum at the 125th Canton Fair in Guangzhou, capital of South ...

Modified: 18.04.2019
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Uruguays Export Of Powdered Milk And Cream To Russia Increased Almost Tenfold

From January to February, 2019 Uruguay exported to Russia 2.15 thous. tones of powdered milk and cream for the total amount of $6.23 mln. It is a 3.4-fold increase of export volume and a 9.8-fold increase of export value compared to the same period of 2018. Uruguay accounted for 25.5% of all Russia’s ...

Modified: 16.04.2019
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Egypt Increases Orange Export To Russia

According to the Federal Custom Service of Russia, for the first two months of 2019 Russia has increased the import of fresh oranges by 5.2% in terms of value and by 9.5% in terms of volume compared to the same period of 2018. Russia’s import of this product has amounted to 117.63 thous....

Modified: 16.04.2019
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TVEL Fuel Company of Rosatom Will Supply Nuclear Fuel Components for ETRR-2 Reactor in Egypt

... consider supplies of nuclear fuel components a prominent market sector for TVEL’s traditional business. Our enterprises are capable of manufacturing any kind of metallic and uranium-made fuel components for power and research reactors of both, Russian and non-Russian design, like ETRR-2. TVEL Fuel Company invests in modernization of production facilities and development of nuclear fuel fabrication technologies. This enables us to master new products (like goods made of various metal alloys) ...

Modified: 15.04.2019
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The bilateral trade volume between Turkey and Russia was $25.7 bn

The bilateral trade volume between Turkey and Russia was $25.7 billion last year. In the first three months of this year, Turkey's exports to Russia rose 6.5% to $868 million, while imports from Russia dropped 9% to hit $5.4 billion. To date, Turkish construction companies have realized 1,961 projects ...

Modified: 08.04.2019
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Russias exports to Azerbaijan up 12.5% in 2018

Exports from Russia to Azerbaijan experienced a 12.5% increase in 2018, rising to $1.7 bln, while trade turnover between the countries climbed 13.8% to $2.4 bln. Russian exports to Azerbaijan was mainly represented by the following commodity groups in 2018: food ...

Modified: 05.04.2019
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Russian car imports

Vehicle imports to Russia have been growing for almost two years alongside the recovery in sales in the domestic market. In 2018, the country imported 293,100 finished vehicles, up almost 10% compared with the same period the previous year, according to the Russian Federal ...

Modified: 04.04.2019
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Traditional Russian ice cream melts the heart of Africa

Ice cream and sorbets from Russias northwestern city of Vologda can now be enjoyed in Africa. Russian ice cream producer Iceberry has shipped around 75 tons of the cool treat to Ivory Coast (Cote d’Ivoire) and Senegal. The cargo was reportedly checked and certified by ...

Modified: 04.04.2019
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Russian logs and lumber exports became equal in 2018

In 2018, Russia continued to reduce the exports of logs and increase the exports of lumber. The export volume of these products became almost equal — 19.03 million cubic metres (-2.1%) and 18.7 million cubic metres (+14.9%) respectively. In 2018, the ...

Modified: 03.04.2019
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Russia plans to raise quota on tomato imports from Turkey

The Russian Agriculture Ministry is planning to raise the quota on tomato imports from Turkey to 150,000 tons per year from the current 50,000 tons, it said in a draft decree, published on a government website. In May 2018, Russia lifted the ban on tomato ...

Modified: 03.04.2019
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Trade turnover between Russia and Vietnam can reach $10 bln by 2020

Building up mutual investments will help solve the problem of increasing trade turnover between Russia and Vietnam to $10 bln by 2020, Russias Minister of Industry and Trade Denis Manturov said at a meeting with Minister of Industry and Trade of Vietnam Tran Tuan Anh. The volume of Russian exports to Vietnam in 2018 amounted to $2.5 bln, imports ...

Modified: 01.04.2019
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Russian Direct Investment Fund to invest $92.6 mln in projects in Kyrgyzstan

Russian Direct Investment Fund plans to invest $92.6 mln in projects in Kyrgyzstan, including gold mining. Investments will be allocated particularly for projects in the resource sector. One is in the gold mining industry, another is in the logistics ...

Modified: 29.03.2019
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Russia-Jordanian Trade Turnover Went Up

In 2018 Russia-Jordanian trade turnover had a 3.8-fold increase and amounted to $602.6 mln. In the bilateral trade structure Russias export prevailed with a 97.6% share. Russia exported to Jordan goods for the total amount of $508.3 mln (a 4.4-fold increase)....

Modified: 28.03.2019
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NEWS


04.12.2019 TVEL completes the contract for supply of fuel pellets to India for Tarapur NPP

TVEL JSC has shipped to India the final consignment of uranium  fuel pellets for BWR reactors and thereby fulfilled the relevant contract with the Department of Atomic En...

26.09.2019 Vietnam-Russia Bilateral Ties Deepen, Boost Investment

Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for a strong bilateral and economic relationship between the countries.

04.09.2019 Russias trade turnover with African states up 17% in 2018

Russias trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...

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