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.
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.
Russia will implement strict automobile import regulations from April 2024, affecting the transit business of the EAEU and Chinese exports, resulting in increased costs and changes in the market pattern.
The Russian government has recently made a series of important export ban decisions, affecting the export of eggs, durum wheat, and waste precious metals. These bans reflect Russias strategic adjustment in the global trade market and its protection of domestic resources and commodities.
? 2025. All Rights Reserved. Shanghai ICP No. 2023007705-2 
PSB Record: Shanghai No.31011502009912
