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August 9, 2022, 2:10 am
৮ আগস্ট কোভিড-১৯ সংক্রান্ত সর্বশেষ প্রতিবেদন পবিত্র আশুরা উপলক্ষ্যে প্রধানমন্ত্রী ও রাষ্ট্রপতির বাণী ৮ আগস্ট এক নজরে বাংলাদেশ জাতীয় জ্বালানি নিরাপত্তা দিবসে প্রধানমন্ত্রী ও রাষ্ট্রপতির বাণী PM sketches Bangmata’s key-shadow role in independence struggle President asks NHRC to play strong role in protecting human rights  realme Fan Festival is Coming with the Theme “Keep It Real” ShareTrip Recognizes Industry Partners & Declares Investment Microsoft launched Startups Founders Hub in Bangladesh PM accords Bangamata Padak to 5 women Western sanctions are good for Moscow : economist Vladimir Putin congratulated railway workers and veterans on their professional holiday China to make east Taiwan Strait drills ‘regular’ : media Any attack on a nuclear plant ‘suicidal’: UN chief Guterres Israel confirms Gaza ceasefire Russia takes out 45,000 tons of NATO ammo : Russian MoD UNDP, Grameenphone and BIDA to create economic opportunities for all Borrowing costs would rise if GDP growth is less than interest rate : Professor Iyanatul Islam ৭ আগস্ট এক নজরে বাংলাদেশ ৭ আগস্ট কোভিড-১৯ সংক্রান্ত সর্বশেষ প্রতিবেদন

Russia expands trade routes with China and India

Bangladesh Beyond
  • Updated on Friday, July 8, 2022
  • 107 Impressed

Russia expands trade routes with China and India



Dhaka July 08 2022 (RT) :


The countries have reportedly launched new sea corridors to ramp up economic cooperation.

Russian companies have organized regular chartered ships to ensure the supply of much-needed goods, such as raw materials, to China and India, industry insiders told the Global Times on Thursday.

According to the sources, continuous disruptions due to the Western sanctions prompted the move.

A person close to the matter told the outlet that Russian freight shipper Inteco and China-based Swift Transport Group have jointly created liner operating subsidiaries to offer container shipping services between Vostochny in Russia’s Far East and port cities in China. The source described it as a response to the rising demand for smooth and safe trade between the two countries.

Beijing and New Delhi have opposed the Western sanctions on Moscow, and say they will continue normal economic and trade cooperation with Russia. The volume of trade picked up significantly this year, with the two nations ramping up imports of discounted Russian energy. Customs data shows that China spent around $19 billion on Russian oil, gas, and coal in the three months to the end of May, almost double the amount a year earlier. India shelled out $5.1 billion in the same period, more than five times the value of a year ago.


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