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Monday, April 29, 2024

Russia: Weekly Report (04.03 – 10.03)

This report describes the key events which significantly influenced Russia’s political, economic, and social processes.

Assessing the past week’s results, we determine the following trends:

  • A week before the presidential elections, Vladimir Putin continues his pre-election tour of the regions and holds meetings with the leaders of individual regions. One of the last on the list of such pre-election meetings was Sergei Sobyanin, a fairly effective and popular leader of Moscow, who has done a lot for the city’s development. In the eyes of other Russian citizens, Moscow is presented as an exemplary city with serious achievements in urban planning, logistics and the introduction of new technological discoveries. It is worth admitting that Sobyanin succeeded in a lot (no matter how we feel about Russia as a whole). That is why, a little more than a week before the elections, Putin is trying to “join” the achievements or even lead them: Sobyanin, as it were, reports to Putin for the work done. Thus, the impression is that Sobyanin is only an executor of the “supreme will”. An understandable and expected move in preparing for the elections.
  • Last week, Vladimir Putin made another pass towards the Minister of Agriculture, Dmitry Patrushev, who oversees the agro-industrial complex. Such a frequent appeal to Patrushev Jr. and successes in the Russian agro-industrial complex is not only an election move but also an announcement of the future promotion of Dmitry Patrushev. Most likely, we will see his rise in career terms. It is all the more important that the most powerful clan – Kovalchukov and Sechin – conflicts with the Patrushevs. That is, Putin is already creating a new configuration in which Russian “princes” will play an important role, and the basis for inter-elite conflict will be laid.
  • Another important aspect is the renewed theme of creating our grain exchange instead of the Chicago Grain Exchange. Ascolta has constantly indicated that against the redistribution of the international market for agricultural products, it is extremely important for Russia to demonstrate its independence and create an export system under its control. If implemented, Putin’s idea to create a BRICS grain exchange could deal a serious blow to both the world grain market and the dollar as the most stable currency for international payments. This means that this topic is important for further study.

This digest covers the following topics, which were the most relevant for Russia between the 4th and the 10th of March:

1. Meeting of Vladimir Putin with Moscow Mayor Sergei Sobyanin;

2. Meeting of Vladimir Putin with representatives of the agro-industrial complex;

3. Meeting of Vladimir Putin with IAEA Director General Rafael Grossi;

4. Meeting on the development of the south of Russia and the Azov region;

5. Meeting of Vladimir Putin with participants of the World Youth Festival;

6. Meeting of Vladimir Putin with the head of Gagauzia Evgenia Gutsul;

7. Meeting with the Governor of the Krasnodar Territory Veniamin Kondratyev;

8. Visit of Mikhail Mishustin to Azerbaijan;

9. Speech by Dmitry Medvedev at the World Youth Forum.

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This report describes the key events which significantly influenced Russia’s political, economic, and social processes.

Assessing the past week’s results, we determine the following trends:

  • A week before the presidential elections, Vladimir Putin continues his pre-election tour of the regions and holds meetings with the leaders of individual regions. One of the last on the list of such pre-election meetings was Sergei Sobyanin, a fairly effective and popular leader of Moscow, who has done a lot for the city’s development. In the eyes of other Russian citizens, Moscow is presented as an exemplary city with serious achievements in urban planning, logistics and the introduction of new technological discoveries. It is worth admitting that Sobyanin succeeded in a lot (no matter how we feel about Russia as a whole). That is why, a little more than a week before the elections, Putin is trying to “join” the achievements or even lead them: Sobyanin, as it were, reports to Putin for the work done. Thus, the impression is that Sobyanin is only an executor of the “supreme will”. An understandable and expected move in preparing for the elections.
  • Last week, Vladimir Putin made another pass towards the Minister of Agriculture, Dmitry Patrushev, who oversees the agro-industrial complex. Such a frequent appeal to Patrushev Jr. and successes in the Russian agro-industrial complex is not only an election move but also an announcement of the future promotion of Dmitry Patrushev. Most likely, we will see his rise in career terms. It is all the more important that the most powerful clan – Kovalchukov and Sechin – conflicts with the Patrushevs. That is, Putin is already creating a new configuration in which Russian “princes” will play an important role, and the basis for inter-elite conflict will be laid.
  • Another important aspect is the renewed theme of creating our grain exchange instead of the Chicago Grain Exchange. Ascolta has constantly indicated that against the redistribution of the international market for agricultural products, it is extremely important for Russia to demonstrate its independence and create an export system under its control. If implemented, Putin’s idea to create a BRICS grain exchange could deal a serious blow to both the world grain market and the dollar as the most stable currency for international payments. This means that this topic is important for further study.

This digest covers the following topics, which were the most relevant for Russia between the 4th and the 10th of March:

1. Meeting of Vladimir Putin with Moscow Mayor Sergei Sobyanin;

2. Meeting of Vladimir Putin with representatives of the agro-industrial complex;

3. Meeting of Vladimir Putin with IAEA Director General Rafael Grossi;

4. Meeting on the development of the south of Russia and the Azov region;

5. Meeting of Vladimir Putin with participants of the World Youth Festival;

6. Meeting of Vladimir Putin with the head of Gagauzia Evgenia Gutsul;

7. Meeting with the Governor of the Krasnodar Territory Veniamin Kondratyev;

8. Visit of Mikhail Mishustin to Azerbaijan;

9. Speech by Dmitry Medvedev at the World Youth Forum.

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