GeopoliticsNotableConfirmedDeveloping
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Russia and Kazakhstan convene XXII Forum for Interregional Cooperation in Omsk
Rybar in English·RU · KZ·1 day ago
Russian President Vladimir Putin reported a 4% growth in trade turnover with Kazakhstan for the first five months of 2026 compared to the previous year's $28 billion baseline. The data reflects continued economic integration despite international sanctions regimes affecting Russia.
Russia's non-resource non-energy (NNE) exports increased by 6.9% to $67.15 billion in the first five months of 2026, indicating a continued shift in export composition despite sanctions. Concurrently, Russia has increased export duties on sunflower oil for August and is considering a similar increase for soybeans, reflecting state efforts to regulate domestic agricultural markets. Bilateral trade with Kazakhstan also grew by over 4% in the same period.