Russia's Pivot to Asia, Author at RUSSIA'S PIVOT TO ASIA

Russia’s Total Export Values Increased After The West Imposed Sanctions

Government fiscal income revenues from Russian imports will have declined in the West and increased in the East by tens of billions of dollars Russia’s exports actually increased by US$31 billion after the West imposed trade sanctions, according to open-source intelligence calculated by Sputnik, itself based on data from Russia’s Federal Customs Service. While […]

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Russia Signs Sakhalin Pipeline Deal To Supply China

China, Energy, Trade

Despite Western media Gazprom rhetoric, Russia Is To Become China’s Largest LNG Supplier Just a month after Western media took aim at Russia for not being able to reach agreement with China on increased gas supplies, Russia has announced that supplies of Russian gas to China via the Far Eastern route will start in 2027.

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Congo Keen To Join BRICS

Africa, BRICS, Trade

Denis Sassou Nguesso, the President of the Congo, has met with Russian President Vladimir Putin in Moscow, where Nguesso expressed his country’s interest in becoming a member of BRICS. Nguesso stressed that the African country is interested in developing ties with the bloc, and said “I’ve heard about the BRICS+ format. So, if all these

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The Impact Of Russia Downgrading Its Relations With The West

Trade

The United States and United Kingdom have much to lose if the Kremlin downgrades relations. The Kremlin said on Thursday (June 27) that Russia is considering a possible downgrading of diplomatic relations with the West due to the deeper involvement of the United States and its allies in the Ukraine war, though no decision has

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Russia-China Financial Logistics Being Carried Out By Smaller Regional Chinese Banks With Limited Western Business Exposure

China, Finance, Trade

Russia’s trade with China has been hampered by the impact of financial sanctions upon Russia, including not just its banks but also its SPFS payment system, which operates as an alternative to SWIFT. The United States and EU have threatened additional sanctions on any bank that conducts financial trade with Russia or connects to its

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Russia, Kazakhstan and China Sign Agreement For A Digital Container Transport Platform

China, Eurasian Economic Union, Logistics & Transport, Trade

Russia, Kazakhstan and China are to conclude an Agreement for the creation of a Unified Digital Platform (ECP) for container transportation in order to optimize freight transport on the route connecting the three countries. The document is scheduled to be signed at the next meeting of the Kazakh-Chinese Business Council at the beginning of next

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BRICS Temporarily Suspends Accepting New Members

BRICS, Trade

The BRICS group of counties – Brazil, Russia, India, China and South Africa, together with new entrants Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates, have agreed to temporarily suspend the accepting of new members. The reason given is to allow time to integrate the latest members who joined from January 1st this

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Russia Promotes Exports By Cutting Duty Rates

Economy, Trade

Russia’s exchange rate-linked export duty will decrease to 4.5% from July 1 from 5.5%, the Economic Development Ministry has stated. The decrease will impact a wide range of goods including ferrous, nonferrous and precious metals, coal (the export duty on coal was temporarily lifted from May 1 to August 31) and fertilizers. Russia approved a

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The Kyrgyzstan – European Union Conundrum

China, Eurasian Economic Union, Trade

Why the Atlantic Council’s Joe Webster is wrong about Kyrgyzstan and Europe The small, landlocked Central Asian country of Kyrgyzstan has been called out by Joe Webster, a senior fellow of the Atlantic Council, in an article he wrote this week (June 25, 2024) ‘We Need To Talk About Kyrgyzstan’. In this, he essentially called

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India’s Prime Minister Modi To Visit Russia On July 8

BRICS, India, Trade

The newly re-elected Indian Prime Minister Narendra Modi is to visit Russia on July 8th, according to Indian news media. It will be his first trip to Russia for nearly five years and comes as Indian trade with Russia is hitting new highs, while BRICS collaboration is intensifying. Modi’s visit comes a little over three

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RUSSIA'S PIVOT TO ASIA

«Поворот России в Азию»

Russia's Pivot to Asia