Russia’s trade and investment into the Middle East is rapidly developing, with relations both through the Gulf Cooperation Council and the Arab League all helping boost bilateral trade by 25% during 2025. Partially driven by the developments along the INSTC, and new regional free trade agreements, we provide analysis of the growing Russia-Middle East economic partnership. Discover trade statistics, investment flows from the GCC, and business opportunities for companies in both regions.
Pakistan’s influence and strategic potential as a gateway to Southern Eurasia and South Asia for Russia is rapidly developing. Bilateral trade tripled last year, while major infrastructure developments are poised to take place in transport and energy. We provide a detailed overview of an often neglected area of Russia’s reach deep into Asia.
Russia, Azerbaijan and Iran have agreed on digitalising their road freight transport connectivity, in moves that make cross-border transits more efficient and are likely to lead to driverless drone trucks being utilised for trilateral road freight journeys in the near future.
Despite and probably due to the war in southern Iran, its Caspian Sea connectivity through the INSTC network has boomed with increases of 68% in volumes during the first four months of 2026. A new Caspian sea vessel has been deployed while both Russian and Iranian exports along the route have significantly expanded.
Russia is shortly to agree reciprocal visa-free travel with nationals of Indonesia, Malaysia and Kuwait in a major boost to the tourism sectors to all these countries and Russian nationals.
Iran is resuming normal trade flows with the Eurasian Economic Union and Russia despite the conflict with the United States. Iran’s problems with the US have been localised to the southern coast, however trade routes north to the Caspian are booming. There has been no “US invasion” to nationally disrupt Eurasain trade flows.
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The UAE, despite its Iran/US war problems, is poised to enter into a Free Trade Agreement with the Eurasian Economic Union. The war has meant opportunities exist for Russian and EAEU corporates replacing European investors who have exited.
The North Caucasus Investment Forum showcased an up and coming region of southern Russia that is creating a specific transport corridor from the Russian heartland to the Middle East and Central Asia. We deep dive the economic progress and provide a thorough analysis of developments in this enigmatic and little understood region.
Bahrain is not a major energy play in the Middle East but is becoming important in grain transhipment. We look at the latest bilateral discussions between President Putin and the King of Bahrain.
Russia has ratified a bilateral free trade agreement with the UAE, making it possible for investors from either country to set up 100% owned companies in each others countries in moves especially pertiment to the services sector. With bilateral trade already over US$12 billion, the move is a strong boost to the UAE business sector during difficult times in the Middle East and is illustrative of Russian longer-term investment planning.
Russia’s grain exports to Egypt have increased by 15% this year to date, while the two countries are also discussing the creation of a grain exchange and developing a food security export hub for countries in Africa and the Middle East.
Russia’s Deputy Prime Minister, Mikhail Mishuston, had met with the President of Turkmenistan, Serdar Berdimuhamedov, in Ashgabat to discuss significant bilateral trade and investment issues. Both are also attending the CIS Annual Heads of Government Meetings. Russia-Turkmenistan developments are being sped up due to the need to create alternative trade routes with Iran.
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