The export of Russian halal products increased by 82% in value, reaching $380 million in 2024 amid extending relations with the Islamic countries.
“We have set major, ambitious goals, and trade with Islamic countries plays an important role in achieving them,” said First Deputy Agriculture Minister Elena Fastova at the International Economic Forum Russia – Islamic World: KazanForum. “Last year, Russia exported halal products worth $380 million—an 82% increase compared to 2023.”
Fastova identified Saudi Arabia, the UAE, and Iran as the primary consumers of Russian halal products. “We are also expanding exports to Algeria, Kuwait, Jordan, and Egypt,” she added.
The 16th International Economic Forum ‘Russia - Islamic World: KazanForum’ is taking place on May 13-18 in Kazan. The main theme for this year has been defined as ‘Digitalization: New Reality and Additional Opportunities for Expanding Cooperation’.
Head of the Agroexport federal center, Ilya Ilyushin, stated that Russia has "set ambitious targets for increasing food exports to Islamic countries." He added that the volume of Russian agricultural exports to the markets of the largest Islamic countries is expected to exceed $26 billion by 2030.
“Agricultural attachés are stationed in many Islamic countries—such as Algeria, Egypt, Indonesia, Iran, Malaysia, the UAE, Saudi Arabia, and Turkey—with representation in over 20 countries where the population is predominantly Muslim,” he noted.
To unlock the export potential of Russian halal products, Agroexport has developed a dedicated strategy for promoting them in the Middle Eastern and North African markets, he added.
Ukrainian and Russian negotiators agreed in Istanbul to resume talks aimed at a ceasefire and to exchange 1,000 prisoners of war.
Ukraine and Russia agreed to exchange 1,000 prisoners of war each, following their first direct peace talks in over three years held in Istanbul.
The EU is preparing new sanctions to increase pressure on Russia. The package targets Nord Stream pipelines, expands sanctions on shadow fleet vessels, lowers the oil price cap, and tightens restrictions on Russia’s financial sector, EU Commission President Ursula von der Leyen said.
Ukrainian President Volodymyr Zelenskyy said a planned meeting with Russian President Vladimir Putin might be skipped if a ceasefire agreement is reached during technical talks in Istanbul. He also called for increased sanctions if Russia shows no willingness to end the war.
China and Russia have agreed to build a nuclear-powered lunar base by 2036 at the Moon’s south pole. The International Lunar Research Station will support scientific research and resource exploration, marking a major step in their joint space efforts amid shifting global space priorities.
Ukrainian and Russian negotiators agreed in Istanbul to resume talks aimed at a ceasefire and to exchange 1,000 prisoners of war.
President of Uzbekistan Shavkat Mirziyoyev will pay official visits to Hungary and Slovenia from May 19 to 22, holding talks with top leaders and participating in key bilateral and multilateral events.
Ukraine and Russia agreed to exchange 1,000 prisoners of war each, following their first direct peace talks in over three years held in Istanbul.
Ten Baltic Sea NATO states and the EU signed a memorandum to enhance cooperation on protecting critical underwater infrastructure.
The World Bank has approved a $100 million concessional loan to Uzbekistan to help integrate renewable energy into power grids and enhance electricity reliability in key regions. The national grid operator will contribute an additional $50 million to the five-year program.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
The number of billionaires in the UK has dropped for the second year in a row, hitting the lowest level in over a decade, according to The Sunday Times Rich List 2025.
The European Bank for Reconstruction and Development (EBRD) has approved a trade finance line of up to $5 million (€4.4 million) for Unibank under its Trade Facilitation Programme (TFP). The agreement, signed during the EBRD’s 2025 Annual Meeting in London.
Vietnam has approved a $1.5 billion project by the Trump Organization and Kinhbac City to build golf courses, resorts, and homes. Work is set to begin this quarter and finish by mid-2029.
S&P says easing tariff tensions between the US and China has improved macroeconomic conditions by lowering uncertainty, boosting markets, and reducing risks, though global trade challenges still weigh on credit conditions.
The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU), is enhancing access to finance for micro, small, and medium-sized enterprises across Central Asia and Mongolia.
Ukrainian and Russian negotiators agreed in Istanbul to resume talks aimed at a ceasefire and to exchange 1,000 prisoners of war.
President of Uzbekistan Shavkat Mirziyoyev will pay official visits to Hungary and Slovenia from May 19 to 22, holding talks with top leaders and participating in key bilateral and multilateral events.
Ukraine and Russia agreed to exchange 1,000 prisoners of war each, following their first direct peace talks in over three years held in Istanbul.
Ten Baltic Sea NATO states and the EU signed a memorandum to enhance cooperation on protecting critical underwater infrastructure.
The World Bank has approved a $100 million concessional loan to Uzbekistan to help integrate renewable energy into power grids and enhance electricity reliability in key regions. The national grid operator will contribute an additional $50 million to the five-year program.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment