A potential consequence of tariff wars triggered by the new U.S. administration’s decisions for Russian businesses could be the weakening of the Chinese RMB Yuan, and consequently increased competitiveness of Chinese manufacturers in foreign markets, including Russia, Kirill Tremasov, an advisor to the Central Bank of Russia’s governor has stated. Tremasov said that “One possible […]
Algerian infrastructure can become a hub for Russia, providing it with access to African markets, according to Ahmed Azimov, chairman of the Russian-Algerian Business Council. Azimov stated that mechanisms have already been outlined that will help companies from Russia to explore new areas faster and more safely. Azimov was commenting after a Russian business mission […]
Russian Foreign Minister Sergey Lavrov has met with the Ethiopian Foreign Minister, Gedion Timotheos on the sidelines of the BRICS Foreign Ministers Council meeting in Rio de Janeiro. The ministers reaffirmed their mutual commitment to further expanding multifaceted bilateral cooperation in areas of shared interest. They also expressed support for deepening Russian-Ethiopian engagement within various […]
The 2025, Brazil-chaired meeting of BRICS Foreign Ministers has been taking place in Rio de Janeiro, with Russian Foreign Minister Sergey Lavrov attending. The ministers have been holding an in-depth exchange of views on a broad range of current international issues and collaboration. They also discussed further BRICS cooperation and preparations for the 17th […]
The Russian Foreign Minister, Sergey Lavrov has been discussing the enhancement of bilateral trade and economic relations, and the coordination of the BRICS framework, with his Thai counterpart, Maris Sangiampongsa. The Ministers met at the BRICS Foreign Ministers’ meeting in Rio de Janeiro. The Russian Foreign Ministry said that the two sides “aligned their positions […]
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The projection for Russian freight shipments along the planned Trans-Afghan Railway is expected to be completed in 2026, but it is tentatively estimated at 8 million-15 million tonnes per year, Russian First Deputy Prime Minister Denis Manturov has stated. He was speaking at the Innoprom: Central Asia exhibition in Uzbekistan. Manturov said that “The transport […]
Russia has proposed a series of measures to India to expand imports of Russian coal, the Russian Energy Ministry said after Coal Industry Department director Pyotr Bobylev visited the country, and has suggested signing an intergovernmental agreement to support imports of coking coal as well as establishing supply volumes for thermal coal. Bobylev said that […]
Russia’s special presidential envoy for the Middle East and Africa, Mikhail Bogdanov, and Somali officials have agreed to expand cooperation between the two countries in security, politics, trade, and economic areas, the Russian Foreign Ministry has announced. According to the Ministry, Bogdanov held talks with Somali Foreign Minister Ahmed Moallim Fiki while on an official […]
The International North-South Transportation Corridor (INSTC), which links Russia to the Middle East, East Africa and South Asia, is set to increase its carrying capacity by 8.3 million vehicles per year, according to the Russia Federal State Budgetary Institution, Rosgranstroy. All major construction and reconstruction works are expected to be completed by 2030, which includes […]
Russia and Iran are create an association to unite ports and shipping companies of the two countries according to the Russian Ministry of Transport, who announced the plans following talks between Dmitry Zverev, State Secretary and Deputy Minister of Transport of Russia, and Saeed Rasouli, Deputy Minister of Roads and Urban Development of Iran. The […]
Russia and China have conducted navigation studies for the development of shipping lanes on the border sections of the Amur, Ussuri, Argun, Sungacha and Lake Khanka rivers, according to the Amur basin of inland Waterways (FBU Administration Amurvodput). The recent 66th meeting of the Joint Russian-Chinese Commission for Navigation on Border Rivers agreed on planned […]
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