Last year, the Federal Customs Service calculated that the sobotage of the Nord Stream pipelinescost the Russian budget over a trillion rubles in lost revenue from gas exports. Sanctions against the oil industry caused less damage to the budget. Despite this, the budget was managed. How did Russia...
Work on a long-planned shipping route connecting Russia with the Middle East and South Asia is moving forward as sanctions-hit Moscow seeks alternative markets for its products, creating a wide-ranging geopolitical ripple effects.
The 7,200-kilometer International North-South Transport Corridor wi...
According to a new review by the Eurasian Development Bank (EDB), the trade turnover between the Eurasian region and China increased by 16% to $277 billion based on the results of the first ten months of 2023. The report shows the significant expansion of trade with China by almost all EAEU countrie...
Container shipments from Northwestern ports have continued to recover after falling sharply following the outbreak of hostilities in Ukraine. In the first two months of the year, they increased by 121%, although in February they were still 28% behind the monthly average for 2021. Market participants...
During a meeting with the head of the board of the Eurasian Economic Commission, Bakytzhan Sagintayev, Russian President Vladimir Putin suggested that the economies of the countries in the Eurasian Economic Union (EAEU) be included in the work of BRICS.
Russia is presiding over BRICS this year. The...
Following a 16-year high at the end of January 2024, the price of uranium has gradually decreased. At present, there appears to be no immediate catalyst for a rapid increase in prices.
On January 30, 2024, the price of uranium reached $106 per pound, its highest point since November 2007, which was...