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Articles with tag "Trade"
safe passage
Talks for New Black Sea Shipping Deal Collapsed in March – Reuters
“At the very last minute, Ukraine suddenly pulled out and the deal was scuttled,” a source was quoted as saying.
from rod to scrap
China Disguising Imported Russian Copper as Scrap to Avoid Sanctions – Reuters
The shredded metal is harder to trace, making it easier to sell to Chinese manufacturers and keep doing business with buyers wary of Russia.
2 Min read
'trade embargo'
Russia Lifts Ecuador Banana Ban After U.S. Arms Deal
Ecuador’s Foreign Ministry said early Friday it was sending a delegation to Moscow to resolve the issue of banana exports to Russia.
2 Min read
trade slump
Russian Exports to Europe Down 68% in 2023
Meanwhile, exports to Asia, which has replaced Europe as Russia's main energy client, were up 5.6% to $306.6 billion.
2 Min read
main ingredient
Chinese, Turkish Companies Supplying Russia With Key Gunpowder Component
An analysis of customs data by The Moscow Times' Russian service found that shipments of nitrocellulose have surged despite sanctions.
2 Min read
liquified gas
Japan’s December Imports of Russian LNG Hit 7-Year Record
According to preliminary data, Japan shipped 833,000 metric tons of LNG from Russia last month — up 42.5% from December 2022.
1 Min read
growing ties
Russia-China Trade Hits Record $240Bln in 2023
China’s General Administration of Customs Data said two-way trade with Russia in 2023 grew by 26.3% from the year earlier.
1 Min read
economic ties
Russia Says Trade With China Set to Surpass $200Bln Target in 2023
The acting head of Russia’s Customs Service said Russian-Chinese trade increased by 27% year-on-year between January and September.
1 Min read
'cheaper and faster'
Kaliningrad Governor Says First Ship Arrives Via Arctic Sea Route
The vessel made a stop in the port town of Baltiysk while en route to St. Petersburg from Shanghai, Governor Anton Alikhanov said on social media.
1 Min read
lucrative trade
Japan Cuts Off $2Bln Used-Car Exports to Russia – Reuters
Estimates suggest that Japanese used-car sales were on track to top $1.9 billion in 2023 before Tokyo suspended the Russian backchannel.
1 Min read
opinion
Nurlan Aliyev
Why Russia’s Eastward Trade Refocus Faces Roadblocks
By cutting through Central Asia Russia may avoid Western sanctions, but is more exposed to competition with China and India.
4 Min read
turnover tumble
U.S.-Russia Trade Hits Two-Decade Low
The United States ended “normal” trade relations with Moscow last spring, as President Joe Biden introduced steep tariff hikes on Russian imports...
1 Min read
trade tumble
Russian Exports to China Drop in Wartime First
China’s July 2023 imports from Russia declined by 8% compared to July 2022, totaling $9.2 billion. China’s overall monthly imports shrank 12.4%.
1 Min read
surging trade
Russian Oil Exports to China Hit New All-Time Record
Russia exported 10.5 million tons of crude oil to China in June, breaking the previous record of 9.71 million tons set in May.
2 Min read
currency crunch
Ruble Sinks Further Amid Mutiny Fallout
Russia’s Central Bank said Thursday that the ruble’s weakening was brought on by falling export proceeds.
2 Min read
Logistics Snafu
Chinese Containers Clogging Russian Rail Depots – VPost
Managers at Russian shipping companies said the build-up had reached “almost critical” levels in the Moscow region and across central Russia.
1 Min read
Grape domination
Georgia Overtakes Italy as Top Still Wine Importer to Russia – Kommersant
Georgian wine now accounts for just over 19% of total still wine imports to Russia — the largest share among all other countries.
1 Min read
'No limits' partnership
China’s Russian Oil Imports Highest Since Ukraine Invasion
Customs data shows that imports of Russian crude by China have almost doubled since Moscow invaded its neighbor last year.
2 Min read
deepening partnership
China Trade With Russia Hits Highest Level Since Start of Ukraine War
Trade between the two countries last month was worth $20.5 billion, with Chinese imports from Russia worth $11.3 billion.
3 Min read
strategic partnership
Russian PM in China for Talks With Xi, Business Forum
The two countries are set to ink a series of trade deals during the Russian delegation's visit.
3 Min read
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