The Russian gold merchant MGKL is to establish an office in GIFT City, Gujarat, where they will provide automated terminals for contactless appraisal, purchase and sale of physical gold and silver, the first time such a service has been provided in the country.
The Berlin-based media house BNE Intellinews has plagiarised Russia’s Pivot To Asia. We provide the full details, comments from BNE’s Publisher, and give an opinion on why European attitudes to intellectual abuse and theft remain a colonial-era problem that impact Russia as well as Asia.
Russia has reached an agreement with India concerning the use of the Northern Sea Route for maritime cargo. The NSR is a shorter route for Indian energy supplies than the Suez Canal.
Despite European media stating the contrary, the Russian economy and foreign trade data improved during January-May 2026. We examine the data, look at the underlying reasons and provide the hard evidence that support the Russian statistics.
INNOPROM Russia has just concluded, showcasing the best of Russian innovation and technical expertise. With billions of dollars of agreements signed, it marks a strategic shift to exporting technologies as opposed to commodities.
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Russia’s Sberbank has announced the launch of a 40 million outlet QR code payment system operational throughout Indonesia. The two countries have a Free Trade Agreement while destinations such as Bali are very popular with Russian tourists. The QR code system renders payment mechanisms such as SWIFT essentially obsolete.
India is to spend US$7.85 billion on upgrading its Russian-sourced military equipment, including tanks and related vehicles. Some of this is already made in India under licence from Russia.
The Russian Foreign Minister, Sergey Lavrov, has met with Burundi President Évariste Ndayishimiye, and Minister of Foreign Affairs, Édouard Bizimana. Discussions focused on nuclear energy projects, as well as education and trade development. Burundi is also currently the Chair of the African Union.
We examine the reality behind Russia’s energy shortages, the impact of Ukrainian attacks on its facilities, and how Russia’s logistics and production is changing to adapt to the short-term problems these have created. It is essential reading for anyone interested in the Russian domestic, import and export oil & gas sectors.
Moscow’s trade representative to India, Zlata Antusheva, has said that India and Russia must de-dollarize to boost bilateral trade as the countries roll out mechanisms to achieve the targeted US$100 billion in mutual trade by 2030.
With Egypt’s El Dabaa Nuclear Power Plant nearing completion, Cairo has opened discussions with Rosatom over additional NPP construction including the possibility of floating plants to be sited on the Red Sea.
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