... been thoroughly prepared in terms of content. The leaders discussed many precise initiatives that are essential for Russia's economy.
After the Summit: Next Steps in China-Russia Cooperation
It was a genuinely constructive meeting. In ... ... and concrete partnership is obvious to the whole world.
The mutual statement covered the main spheres for further interaction. Energy cooperation will obviously expand. The leaders have discussed it many times, and the projects have already been launched....
“Freight pivot to the East,” or when the Far East finally stops being a “far” away region
New trends in the logistics component of Russia’s economy were among the principal discussions of the 7th Eastern Economic Forum (EEF) held on September 5–8, 2022 in Vladivostok. Even Vladimir Putin dwelled specifically on this matter in his plenary address when he said, “Notably, despite the attempts ...
... services, which redistribute imports and financial flows, and create the bulk of jobs in the formal and informal sectors of the economy.
A Post-Crisis Kazakhstan: Economic and Social Transformation
Over the past 10 years, Russia’s share ... ... closer look at Kazakhstan’s exports. Minerals, primarily crude oil, form the basis of exports. According to the Ministry of Energy of Kazakhstan, oil exports from the Republic in 2021 amounted to 67.6 million tons. Almost 80% of Kazakhstan’s oil is ...
... prior to the pandemic, which allowed generation companies to operate normally. Second, in the era of a “new normalcy,” the spike in industrial power consumption and high export rates required for a large-scale crisis were absent. When China’s economy began to rebound after the coronavirus outbreak, these conditions were finally met.
Dynamics of Energy Consumption Growth in China’s Secondary Sector in January–September 2011–2021
Compiled by the author using data from stats.gov.cn, customs.gov.cn, cec.org.cn
Given that the tertiary sector has been seriously hit by the pandemic-related restrictions,...
... joint “green” projects.
The ‘green’ avenues for fostering EU–Russia bilateral relations
The European Green Deal affords opportunities for the parties to cooperate. This should not be limited to climate issues alone, although restructuring the energy sector remains a priority. Such cooperation should also include addressing the whole set of measures needed to transition to a “green economy”, with circular economy being one of its ingredients. The latter’s share in the global economy is estimated at some
Investment cooperation might become a key area, primarily encompassing investment in research, manufacturing and infrastructure,...
... Russia in the coming decades. In 2020, the European Commission adopted additional documents setting forth specific directions of the new course in industrial policies and digital transformation, in hydrogen energy, critically important raw materials, energy-efficient construction and building modernization, the closed-cycle economy, agriculture and forestry, and biodiversity. The particulars are still being actively discussed in the European political and expert communities. In 2021–2022, a new legal framework will be adopted and requisite mechanisms launched on the basis ...
... balance. It presumed the transition from minerals to renewable energy resources, as well as from coal to natural gas. The measures indicated in the 13
five-year plan related primarily to the electric power industry and the tasks of ensuring sustainable energy supply to the country's economy and population. This approach made it the ‘greenest’ plan so far. (The 13
Five-Year Plan for Energy Development, 2016). Some alternative energy sources and emission reductions goals have been partially achieved by 2018. For example, carbon ...
... structurally complementary. And it is not that we have nothing better to do than build pipelines that – despite resistance from some EU countries – bring gas to Europe.
Russia makes a lot of money out of it.
The main thing is that we strengthen Europe’s energy security. Another example: despite EU’s unilateral measures against Russia, we have long-established cross-border cooperation, especially in the North-West of Russia – with Finland, Sweden, Poland and the Baltic countries. This is even financially ...
... that demand for electricity on weekdays will be more like demand for electricity on weekends as people stay at home. But what does that mean for the sector?
Former Siemens representative in Russia Dietrich Moeller believes that a slowdown in the global economy and a decrease in the electricity consumption especially in the industrial production, cannot be easily compensated by an insignificant increase in private consumption on a global scale. He is confident that energy companies will face lower electricity prices. Thus, a lower turnover.
Steven Griffiths (Vice President for Research and Development, Khalifa University of Science and Technology in Abu Dhabi), suggests that declining demand will change the distribution ...
... strategic partnership. The annual summits that has been taking place since 2000 have helped in making an overall assessment on the wide-ranging aspects of political and strategic cooperation, military and security cooperation, cooperation in the spheres of economy, energy, industry, science and technology, etc.[
] The 19th summit was held in New Delhi on October 2018 where the two leaders, Indian Prime Minister (PM) Narendra Modi and Russian President Vladimir Putin took stock of the bilateral relationship and ...