Russia urgently restricts sugar exports to stabilize domestic prices!
May 7, 2024, 13:49
Analysis of IEA Report: Europes Increased Dependence on Russian Natural Gas
: According to the IEA report, during the winter of 2023 - 2024, Europes natural gas imports from Russia increased by 25% year - on - year, and LNG imports also rose. Despite geopolitical tensions, Russian natural gas exports are expected to continue to grow in 2024.
The Trade Volume of Agricultural Products between the EU and Russia Reaches 9 Billion Euros
The EU Agriculture Commissioner revealed that in 2023, the trade volume of agricultural products between the EU and Russia increased significantly. Although the EU imposed some tariffs on Russian agricultural imports to slow down the import speed, the total trade volume did not change much, reflecting the principle of mutual benefit and win - win results in bilateral trade.
The growth of trade between China and Russia has slowed down, affected by new US sanctions.
Affected by U.S. sanctions on Russia, China-Russia trade growth slowed significantly in the first two months of 2024, with total trade volume increasing by 9.3% YoY, while banks tightened trade settlements.
India Faces Challenges in Attempting to Settle Oil Imports in Rupees | Shanghai Import/Export Agents
It introduced how Central Asia became a new channel for dual - use goods to flow to Russia after the Russia - Ukraine conflict, revealing the challenges of international sanctions and the complexity of the global trade network.
Customs | Shanghai Import/Export Agent
Russia will reduce oil production and exports in the second quarter of 2024 as part of the OPEC+ agreement, aiming to maintain market balance and price stability.
The US increases sanctions against Russia: Signs a new executive order
The U.S. President signed Executive Order 14114, expanding sanctions on foreign financial institutions engaged in transactions with Russias military-industrial base. The new regulations cover a wide range of financial entities and critical items, aiming to further restrict Russias access to military support resources.
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