Trade – Page 20 – THE OVAL CIRCLE

China drops tariffs on hundreds of Pakistani products as wide-ranging trade agreement takes effect

Posted on January 1, 2020January 1, 2020By Editor

A newly implemented deal between Beijing and Islamabad will eliminate tariffs on hundreds of products, a move which is expected to provide a billion-dollar boost to bilateral trade. … Read More >China drops tariffs on hundreds of Pakistani products as wide-ranging trade agreement takes effect

First railway bridge connecting Russia & China promises to boost trade to new highs

Posted on December 16, 2019December 16, 2019By Editor

The construction of the long-awaited railway bridge between Russia and China will be finished by the end of next year, according to Russian presidential envoy to the Far Eastern Federal District, Yury Trutnev. … Read More >First railway bridge connecting Russia & China promises to boost trade to new highs

Another year, another record: Russia & China project trade to hit $110bn this year

Posted on December 13, 2019December 13, 2019By Editor

Beijing expects trade turnover with Moscow to surpass $110 billion in 2019, setting a new record for trade volume between the two countries, according to a Chinese Ministry of Commerce (MOC) forecast. … Read More >Another year, another record: Russia & China project trade to hit $110bn this year

Lavrov says US-Russia trade INCREASED to $27bn under Trump – all despite sanctions he intends to keep

Posted on December 11, 2019December 11, 2019By Editor

Trade between the US and Russia has increased during the Donald Trump administration in spite of the sanctions levied on Moscow, the Russian FM has revealed. Washington sees it as an excuse to keep the sanctions in place, though. … Read More >Lavrov says US-Russia trade INCREASED to $27bn under Trump – all despite sanctions he intends to keep

Russia & China complete their first cross-border mega highway bridge (VIDEO)

Posted on November 30, 2019November 30, 2019By Editor

The construction of a bridge over the Amur River to link Russia and neighboring China has been completed in the Far East. The historic road is first of its kind between the two states and is set to boost economic ties. … Read More >Russia & China complete their first cross-border mega highway bridge (VIDEO)

Russia and Turkey Agree on Using National Currencies in Mutual Settlements

Posted on October 8, 2019October 8, 2019By Editor

The Russian Finance Ministry and the Turkish Ministry of Treasury and Finance have signed an agreement on settlements and payments in national currencies, the Russian Ministry of Finance said. … Read More >Russia and Turkey Agree on Using National Currencies in Mutual Settlements

Asia & Pacific Business

Duterte Calls Russia Priority Trade, Investment Market for Philippines

Posted on October 7, 2019March 9, 2020By Editor

Philippine President Rodrigo Duterte on Friday called Russia a priority trade and investment market for his country and praised robust economic ties. … Read More >Duterte Calls Russia Priority Trade, Investment Market for Philippines

Iran, Russia Turn to Trade in National Currencies to Ditch Dollar

Posted on October 2, 2019November 19, 2019By Editor

The head of Iran’s Central Bank Abdolnaser Hemmati said Wednesday that Iran and Russia have turned to bilateral trade in national currencies as both countries fall under US sanctions. … Read More >Iran, Russia Turn to Trade in National Currencies to Ditch Dollar