Chinese-Russian Strategic Partnership

In an interview with Sputnik, Russian political analyst Sergey Sanakoyev focused on the current level of the Moscow-Beijing ties which he said is already starting to look like an alliance Russian Ambassador to China Andrey Denisov said that Russia's President Vladimir Putin will take an active part in the international One Belt, One Road forum which will … Continue reading Chinese-Russian Strategic Partnership

Russian Nuclear Giant Rosatom on the Front Lines of Moscow’s Arctic Expansion

Recently, officials from over a dozen countries gathered in Arkhangelsk, Russia for the international forum 'The Arctic: Territory of Dialogue'. Among the forum's senior participants was Russian nuclear energy giant Rosatom. Officials from the company and from the government previewed Rosatom's role in the new wave of intensive Arctic development Speaking at the forum, Rosatom CEO … Continue reading Russian Nuclear Giant Rosatom on the Front Lines of Moscow’s Arctic Expansion

Russia – Agriculture – Western Sanctions Keep on Giving

Russian agriculture sector flourishes amid sanctions Agriculture has overtaken arms sales to become Russia’s second-biggest export secto When the EU and US imposed sanctions on parts of Russia’s economy following military intervention in Ukraine 2014, some local officials portrayed the blockade as an opportunity. Together with a falling rouble, they said, it would boost development … Continue reading Russia – Agriculture – Western Sanctions Keep on Giving

Why the Arctic is Set to Become Driver of the Russian Economy

Last week, President Putin took part in the fourth International Arctic Forum in Arkhangelsk, northern Russia. As Russian business news portal Expert Online points out, the area is at the crossroads of a third wave of large-scale economic development in the region. In addition, several factors make the present wave of development unique On Thursday, … Continue reading Why the Arctic is Set to Become Driver of the Russian Economy

Finance – China Opens Moscow Clearing Bank for Handling Transactions in Yuan

The establishment of a clearing bank in Moscow for handling transactions in Chinese yuan is an important step facilitating more bilateral trade and investment Russia and China are developing their economic co-operation with the establishment of a clearing center in Moscow for operations in Chinese yuan. The Industrial and Commercial Bank of China (ICBC) officially started operating as a Chinese renminbi clearing … Continue reading Finance – China Opens Moscow Clearing Bank for Handling Transactions in Yuan