Russian Railways (RZD) intends to invest 156 billion rubles (1,5 billion euros) to enable Belarusian exports via the Baltic Sea. EU countries blocked the transit of Belarusian goods through its territories, and now Russia is coming to the aid of its steadfast ally. Additionally, Belarus will gain rail access to a brand new port in…
Category: Russia
Russia grows first quarter rail exports to China by 27,5%
Russian rail exports to China have grown by 27,5 per cent year-on-year in the first quarter. In total, Russia exported 9,4 million tonnes of freight during this period. The growth reflects an ongoing trend of growing rail freight volumes between the two countries. As a result of Western sanctions, it is geopolitically important for Russia…
Russia and Iran finalising Rasht-Astara agreement
Russia and Iran are reportedly finalising an agreement for the Rasht-Astara railway. The line in northern Iran is a crucial missing piece for the western branch of the International North-South Transport Corridor (INSTC). According to the agreement, Russia will bear the brunt of the costs. A meeting between the Iranian ambassador in Russia and a…