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Exports

Growing trade between Russia and India opens a new era for Silk Road

The Ministry of Industry and Trade of India reported that trade turnover between Russia and India exceeded $18.2 billion in the first five months of the fiscal year. The surge in trade between the two countries made Russia the country's seventh largest trade partner, rising from 25th place with a total trade turnover of $13.1 billion in 2021.

Taiwan cautions Beijing over semiconductor exports

In an interview with The Yomiuri Shimbun, Wang, who oversees Taiwan’s semiconductor policies, said supplies would be disrupted if a contingency were to occur in the Taiwan Strait, and China would suffer severe economic impacts.