The proposed barter trade format to help cash poor Pakistani farmers and financially sanctioned Russians has begun, and it’s not small potatoes. Russia’s Astarta Agrotrading, one of the countries largest agricultural commodity traders, is not only bartering 20,000 tonnes of chickpeas, it’s building an entire logistics complex to facilitate this type of trade. Stanislav Neveinitsyn, […]
Russia’s Foreign Minister, Sergei Lavrov and the acting Afghan Foreign Minister, Amir Khan Muttaqi have discussed trade and financial settlement processes in Russia-Afghani trade as well as plans to intensify trade and economic cooperation between the two countries, including in the energy sector, the Russian Foreign Ministry has said. Lavrov and Muttaqi met on the […]
Russia has stated that countries that maintain friendly relations with Moscow are interested in using Russia’s low-orbit satellite constellation to have Internet access as an alternative to Elon Musk’s Starlink network, according to Russia’s Digital Development Minister, Maksut Shadayev. Russia’s OJSC Bureau 1440 is currently building a low-orbit satellite constellation, involving 292 spacecraft to provide […]
It’s interesting – even laughable – to note how the Western media describe problems in the West as ‘Global’ issues, whereas in fact they are often referring to matters related solely to the United States and Europe. It begs the question of how realistic their knowledge of how the global trade and geopolitical system now […]
The United Arab Emirates (UAE) and the members of the Eurasian Economic Union (EAEU) may conclude negotiations on setting a free trade zone by the BRICS summit set for October 22-24 in Kazan, according to Andrei Slepnyov, the Eurasian Economic Commission Trade Minister. He has stated that “With the UAE, we are at the finalization […]
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A new terminal for transhipment of various cargoes, including containers and grain, will be built in the port of Posyet in Primorsky Krai. Russia’s VTB bank are to finance the project, with a total investment of about ₽10 billion (US$106 million). The corresponding agreement was signed during the recent Eastern Economic Forum in Vladivostok. VTB […]
Uzbekistan is completing the procedure to join the Eurasian Development Bank (EDB), Prime Minister Abdulla Aripov said at a meeting of the Eurasian Intergovernmental Council in Yerevan. The EDB is an international development bank with charter capital of US$7 billion. Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Tajikistan are the bank’s shareholders. Uzbekistan’s decision to participate […]
The Panamax container ship Flying Fish 1 has just completed its journey along the Northern Sea Route, navigating its way from St. Petersburg to Shanghai in 21 days at an average speed of 16 knots or about 30 kilometers per hour. What makes this voyage significant for the global shipping world and supply chain logistics […]
It doesn’t get much further into the Global South than Antarctica, and Russia and China are in talks over joint drilling of the Gamburtsev Mountain Range in the middle of the continent, the Russian Federal Agency for Mineral Resources (Rosnedra) has stated. Last month, the Chinese cities of Beijing and Changchun hosted international conferences on […]
Kazakhstan and Mongolia plan to build a new highway between the two countries through Russia, pending approval from the Russian authorities, according to the Kazakh Transport Ministry. The route will connect the Kazakh cities of Ust-Kamenogorsk and Ridder, as well as Tuekta in Russia’s Altai Republic, leading to the Mongolian border at Khyagt and the […]
The Belarusian Foreign Minister, Maksim Ryzhenkov has said that the BRICS group could add at least ten new members at the forthcoming annual meeting later this month. Belarus is hoping to be among them, while Ryzhenkov stated that “The first wave of enlargement, as we all expect – those who have submitted such applications […]
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