TradeEase – new participant of the forum “Russia&Asia” in Moscow


TradeEase – China’s first online platform that specializes in cross-border trade relations with Russia. The company announced the start of work in Russia in September 2015.

TradeEase provides a user-friendly service for the purchase of high-quality and low-cost Chinese goods. All shops and products pass quality control. Suppliers, who do not comply with the rules established by the company, are removed from the platform. If the buyer is dissatisfied with the quality of the goods, he gets 100% reimbursement of the cost.

The company cooperates with the largest payment system in China – PayEase, the oldest Chinese bank Bank of China. TradeEase strategic partner in Russia is Yandex, logistic ones – SPRS Express and Ruston.

In the summer of 2016, the company launched reverse trade for the sale of Russian goods in China. Now domestic suppliers can upload their products for sale on the Chinese version of the site – Prices are set in yuan, but the manufacturers make profit in rubles, what helps to avoid extra charges and the need to involve mediators.

TradeEase operates O2O model (Online to Offline). By the end of 2016 the company plans to open four showroom in major cities in China: Beijing, Shanghai, Harbin and Tianjin. They are small supermarkets with Russian goods from the online shop. Each product has a QR-code, so the buyer can order items online and at a discount. On the same grounds will be organized resting area, where customers can treat themselves to some coffee and fresh pastries from the bakery.



Expert says Eurasian Economic Union-Vietnam free trade zone deal demonstrates trust

The agreement on establishing a free trade zone between Vietnam and the Eurasian Economic Union (EAEU) that is entering into force on Wednesday, demonstrates trust among its participants, Dmitry Mosyakov, director of the Center for the Study of Southeast Asia, Australia and Oceania of the Russian Academy of Sciences’ Institute of Oriental Studies, told TASS.

According to Mosyakov, the agreement “demonstrates a high level of partnership and trust” among those participating in it. “This step paves the way for mutual investments,” he said. “The Russian side is traditionally interested in investment projects in the energy sector, particularly nuclear energy, while for Vietnam this is also a perfect opportunity, especially in the consumer, textile and food industries,” Mosyakov said.

“The system is going to be further developed and many issues will be clarified as new tasks emerge,” he said, adding that “this is an important stage in the development of Russian-Vietnamese relations.”

Also, the expert ruled out that the EAEU-Vietnam free trade zone agreement will somehow affect Russia’s relations with the People’s Republic of China. “The relations between Russia and Vietnam are not connected with China” while “Russia and China have their own agenda of bilateral relations,” he said. “The traditionally friendly relations with Vietnam is a story in its own right, which is not related either to ASEAN, or to China, or to the United States, those are simply the relations between Russia and Vietnam, which are very important for Russia,” Mosyakov said.

Russian President Vladimir Putin signed the law on ratification of the agreement between EAEU and Vietnam, the first international agreement on preference trade terms made by the Union with the third side, on May 2, 2016.

The agreement was signed by heads of governments of Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan and Vietnam within the meeting of the Eurasian intergovernmental council on May 29, 2015. Later on, it was ratified by national parliaments of all countries participating in the pact.

The agreement stipulates mutual obligations of participants aimed at simplifying access of goods to the markets. Also, it stipulates protection of rights for intellectual properties, outlines the areas for cooperation in the field of e-commerce and public procurements, sets common principles of competition protection and harmonizes customs formalities. The tariff liberalization of trade between the EAEU member-countries and Vietnam implies reduced or slashed to zero import customs duties (around 90%) – either immediately after the free trade agreement comes into force (59%) or within transitional periods (30%) – on the majority of goods items (all in all, around 10,000 items) on a quid pro quo basis.


CCPIT Vice Chairman Lu Pengqi Attended China-Russia Border & Northeast Asia Cooperative Development Forum

The CCPIT vice chairman Lu Pengqi attended and addressed China-Russia Border & Northeast Asia Cooperative Development Forum on August 8.

Lu said, countries in Northeast Asia have been seeking for their own growth in recent years while promoting regional cooperation in various ways. He hoped the countries, through the forum and exhibition, to carry out exchange, explore opportunities for cooperation, achieve mutual benefit and win-win, play the advantages of ports and constantly improve the level of cooperation.

The forum was hosted by director general of the Exhibition Department of the CCOIC Guo Yinghui. Heilongjiang Provincial Standing Committee member and deputy governor Li Haitao attended and addressed the forum. Busan Port Authority president Woo Ye-jong, deputy governor of Russia’s Primorye and China Logistics and Purchasing Association vice president Cai Jin made speeches.

The forum, held during the 2016 China (Suifenhe) International Trade Fair , aims to build an platform of information exchange and resource sharing for enterprises from Russia and  Northeast Asian countries, and promote China’s cooperation with Russia and Northeast Asia in logistics, traffic, transport, customs, finance etc.


“SoyuzAgroProm” – the Partner of the Forum “Russia&Asia”

The Union of Agricultural industrialists, manufacturers, processors, transporters and distributors of agricultural products “SoyuzAgroProm” became a Partner of the International Business Forum ” Russia&Asia: cooperation for the prosperity”. ” On November 2, within the industry day, the Union  is involved in the section COOPERATION IN AGRICULTURE SECTOR. Among the planned topics – Attractiveness of Russian Agroexport in terms of the strategy of regional cooperation, the most promising areas of business in agriculture and food industry in Russia and the Asian region, the organization of the processing of agricultural products, consideration of public agribusiness support programs, barriers to access to the market of agricultural products under bilateral trade and etc.

Recall that at the present time “SoyuzAgroProm” is an international inter-regional non-profit organization whose activities are aimed at developing the agricultural sector of Russia and Russian citizens to ensure high-quality and affordable food.


The Silk Road Chamber of International Commerce SRCIC on the forum “Russia&Asia”

The Silk Road Chamber of International Commerce (SRCIC) is the headliner of the plenary day of the Russian-Asian International Business Forum (forum “Russia-Asia: Cooperation for Prosperity”) in Moscow on November 1. By direct support of the the Russian Union of Industrialists and Entrepreneurs (RSPP) will be organized a new focus session “ONE BELT ONE ROAD: PROSPECTS FOR BUSINESS“. On the forum will arrive Lu Jianzhong, SRCIC Founding Chairman, Jean-Guy Carrier, SRCIC Executive Chairman and Li Zhonghang, SRCIC Secretary-General

Silk Road Chamber of International Commerce, SRCIC, is an international, non-governmental organization, aiming to promote the renaissance of Silk Road and to enable business participation in the investment and trade opportunities it offers. SRCIC was jointly initiated and founded in Hong Kong China by Tang West Market International Group and several international chambers of commerce along the Silk Road, with the strong support from World Chambers Federation  and China Chamber of International Commerce.

In constructing the Silk Road Economic Belt and the 21 Century Maritime Silk Road, the Belt and Road Initiative in China, SRCIC stands out for the conception of openness, inclusiveness, development and a vision of globalization. It intends to build a service platform and cooperative mechanism of equality, efficiency and practicality. This international organization is based on, but not limited to, the scope of the ancient Silk Road region. Its membership is open to over 100 chambers of industry and commerce all over the world.

SRCIC attentively values members’ developing demands, adheres to the principle of discussing, co-building and sharing, and jointly establishes “eSilkroad” platform, which provides services including cross-border e-commerce, RMB online payment and settlement to members. SRCIC also functions as a new platform to promote international culture exchanges while being a new route for enhancing international economic development. SRCIC organizes annual meetings for its members, holds Silk Road themed international summits, forums, seminars, fairs and other business activities to promote multi-lateral trade cooperation and cultural exchanges. SRCIC is bringing together chairmen and executives from more than 30 chambers of commerce and business communities to set up a Silk Road Research Institute. SRCIC will issue Silk Road Monthly journal, providing a communicating platform for its members and business communities to express their insights, opinions and comments to the world economy and the Belt and Road Initiative.

SRCIC is aiming at contributing to a harmonious economic growth and the freedom of international trade to achieve peace and cooperation, mutual learning and mutual benefits in a win-win business world.


RSPP in partnership with the China Council for the Promotion of International Trade (CCPIT) organized the B20 Forum in the framework of the St. Petersburg International Economic Forum

B20 Forum was held in the framework of the St. Petersburg International Economic Forum on June 16, 2016.

The discussion of the Forum focused on the B20 recommendations on financing growth, trade and investment, infrastructure, employment and small and medium (SME) development as well as priorities for B20/G20 engagement.

The B20 Forum was attended by high-level representatives of governmental authorities and business, inparticular Jianmin Miao, Vice Chairman, President of China Life Insurance (Group) Company, Andrey Kostin, President, Chairman of the Management Board, Member of the Supervisory Council, Member of the Strategy and Corporate Governance Committee of VTB Bank PJSC, Jack Yun Ma, Executive Chairman of Alibaba Group and many others. The B20 Forum was opened with statement from Chen Yuan, Vice Chairman of the National Committee of the Chinese People’s Political Consultative Conference.

The final B20 recommendations will be presented to the G20 leaders at the summit in Hangzhou in September.

B20 Forum programme


FM: China, Russia should speed up linking Eurasian Economic Union, Silk Road Economic Belt

The governments of Russia and China should speed up the process of linking the Eurasian Economic Union (EAEU) and Silk Road Economic Belt, Chinese Foreign Minister Wang Yi said on Tuesday.

“China and Russia should speed up linking the Silk Road Economic Belt and EAEU, in order to collect early harvest,” Wang said on the sidelines of the meeting of the Council of Foreign Ministers of SCO (Shanghai Cooperation Organization) member countries.

The foreign minister noted that Russia and China “maintain close strategic cooperation on international and regional issues, and have become important components of international stability.” “Developing the Shanghai Cooperation Organization is an important force of preserving peace,” Wang said adding that Russia and China should continue close cooperation in this sphere.

EAEU and Silk Road Economic Belt

On 8 May 2015, Russian President Vladimir Putin and Chinese President Xi Jinping signed an agreement on cooperation in the framework of the Silk Road Economic Belt project. The agreement envisages “linking” the Eurasian Economic Union and the Silk Road Economic Belt. “In fact, we are talking about entering the new level of partnership in the future that envisages common economic space on the Eurasian continent,” Russian President Vladimir Putin said after talks.

The Silk Road Economic Belt is a project of creating a transport, energy and trade corridor between the countries of Asia and Europe. The idea of constructing the Silk Road was put forward by Chinese President Xi Jinping in September 2013.

The name of the project traces back to trade routes of medieval caravans that lay through the territories of modern Kyrgyzstan, Kazakhstan, Mongolia, India, Turkey, Iran and Greece. These routes were later called the “Great Silk Road.”.


Full text of keynote speech of China’s top legislator at Belt and Road Summit in Hong Kong

KONG HONG, May 18 (Xinhua) — Chairman of the Standing Committee of the National People’s Congress Zhang Dejiang delivered a keynote speech at the Belt and Road Summit on Wednesday sponsored by the government of Hong Kong Special Administrative Region (SAR).

The following is the full text of Zhang’s speech:

Distinguished Guests,


Ladies and Gentlemen,

Good morning. I am much delighted to join you here in Hong Kong to discuss the Belt and Road Initiative. Let me begin by expressing, on behalf of President Xi Jinping and the Chinese government, sincere congratulations on the opening of this summit and a warm welcome and cordial greetings to all our guests and both old and new friends from home and abroad!

In the autumn of 2013, President Xi Jinping raised the initiative of jointly building the Silk Road Economic Belt and the 21st Century Maritime Silk Road. This Belt and Road Initiative has drawn wide attention and gained positive response from the international community. The Belt and Road Initiative responds to the call of the times for world peace and development, and meets the need of all countries for faster development.

It will contribute to economic development of countries along the routes and global prosperity as well as people-to-people exchanges and world peace. The Belt and Road development is a profound endeavor to carry forward the historical heritage and jointly create a brighter future.

Cambodian Prime Minister Hun Sen

Cambodian PM calls to step up bilateral cooperation with Moscow

Cambodia and Russia should intensify efforts on developing bilateral cooperation, the country’s Prime Minister Hun Sen said in an exclusive interview with TASS ahead of his first visit to Russia.

The prime minister reminded that this year Cambodia and Russia mark the 60th anniversary of establishing diplomatic relations. “Despite difficult and complex changes in international politics over the past six decades, our ties have stood the test of time and preserved the traditions of firm friendship, cooperation, mutual trust and understanding,” he said.


Russian deputy FM: Russia and ASEAN moving toward strategic partnership

Russia and the Association of Southeast Asian Nations (ASEAN) are moving toward a strategic partnership, Russian Deputy Foreign Minister Igor Morgulov told Russian Business Guide in an interview published on the website of TPP Inform new agency on Thursday.

“Russia-ASEAN dialogue partnership turns 20 years this year, and it continues to develop. Over the last two decades, stable operation of main bodies of cooperation was established with Russian Foreign Ministry’s coordinating role,” Morgulov said. “The specter of directions of sectoral cooperation is broadening. The recent example is launching Russia-ASEAN dialogue on renewable energy, creating mechanisms of cooperation in the spheres of agriculture and education,” he added.

“We are now at the threshold of a new stage of relations with the Association, which I would describe as moving toward a strategic partnership,” he noted.