By takumihamano 
We have summarized some important news about the latest trends in Russia’s international trade. We provide information of particular interest to business people.
First, economic cooperation between Russia and Argentina is attracting attention. Cooperation is expected in the fields of renewable energy, hydropower, and lithium mining. Russian companies are showing great interest in Argentina’s lithium resources, and there is a high possibility of cooperation in the field of agricultural machinery. A business council meeting was held in Buenos Aires to explore ways to overcome logistical challenges.
Next, the export of Russian agricultural products and fertilizers is expected to resume. As a result of a meeting of US-Russian expert groups held in Riyadh, Saudi Arabia, the United States has pledged to take measures to promote the export of Russian agricultural products and fertilizers. This includes lowering marine insurance premiums, improving access to ports, and expanding access to payment systems.
In addition, Russian fuel prices are expected to soar in the spring. Fuel prices are expected to rise towards the spring planting season, with an annual increase of about 8%. This is in line with the inflation rate, and the pace of price increases is expected to slow in the summer.
Furthermore, Russian domestic aircraft manufacturers are working to achieve import substitution targets. The government expects to accelerate the production of SJ-100 and MC-21 aircraft, and plans to proceed with production without compromising safety. Recently, a test flight of a Superjet passenger aircraft equipped with a domestically produced engine was successful, and technical work is underway to replace foreign-made parts with Russian-made ones.
Finally, Russia’s digital ruble pilot program is progressing smoothly. No significant technical or regulatory obstacles have been identified, and large-scale implementation has been postponed until after the summer of 2025. The current focus is on improving the user experience and developing effective collaboration models with banks.
These news indicate important trends in Russia’s international trade and will be useful information for business people. Attention is being paid to how the progress of economic cooperation between Russia and other countries and changes in domestic economic policies will affect the future business environment.