Russia’s trade turnover with Uruguay, while admittedly small, grew by 70% year-on-year to US$123 million in H1 2025, according to the Russian plant and animal health watchdog Rosselkhoznadzor. This suggests a total 2025 Russia-Uruguay bilateral trade figure of US$246 million may be achievable. The comment was made after a meeting of the Russia-Uruguay joint commission […]
A week after signing a memorandum with China on the Power of Siberia 2 pipeline megaproject, Gazprom is discussing future major construction projects with Russian suppliers of the key component part needed to build gas pipelines: large-diameter pipes. A legally binding memorandum was signed in Beijing on September 2 on the construction of the Power […]
The Russian Transport Minister, Andrey Nikitin, has been visiting China, where he held bilateral meetings with transport officials from Kazakhstan and China. A main part of the discussions was about the potential for introducing digital and unmanned technologies in transportation between the three countries, the Russian Transport Ministry has said. The concept revolves around the […]
China’s Xuan Yuan Industrial Development Co. Ltd will act as the general contractor for the construction of an oil, gas and chemical terminal with a capacity of 7 million tonnes per year near the railway bridge crossing across the Amur River from Nizhneleninskoye in Russia’s Jewish Autonomous Region to Tongjiang in China’s Heilongjiang Province. Russia’s […]
The Russian Deputy Energy Minister, Roman Marshavin, has been meeting his Algerian counterpart Mohamed Arkab, in Algiers, and have agreed to step up coordination in the energy sector, pledging closer collaboration within OPEC+ and the Gas Exporting Countries Forum (GECF) as well as joint projects in electricity and resource development, the Russian Energy Ministry has […]
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News that the French economy has reached a debt-to-GDP ratio of 113% and that this is expected to climb further to 125% by 2030 has alarmed economists, who are stating that these levels are unsustainable and could create serious future damage. GDP/debt ratio figures represent the percentage of debt that a country has as compared […]
Update: September 11The European Union has rejected US President Donald Trump’s request to impose high tariffs on some goods from China and India, arguing that the bloc does not use tariffs as a sanctions tool. As we mention in this article, this decision will also carry implications for the EU as concerns its relations with […]
Russia’s state-owned nuclear operator, Rosatom, is preparing to raise funds on the Chinese bond market. Rosatom, which builds nuclear power plants in Russia and abroad, is discussing the possible timing of a sale of RMB Yuan “Panda Bonds” and advise on how much it might raise. We first raised the intelligence that the offering was […]
The Russian Deputy Prime Minister, Alexander Novak, has proposed to the new Syrian authorities that the Russia-Syrian Intergovernmental Commission on Trade and Economic Cooperation should now be reactivated. He was speaking as part of a Russian delegation with Syrian officials in Damascus. Novak stated that “We propose to resume the work of the intergovernmental commission […]
The BRICS nations convened an emergency virtual summit yesterday (September 8), hosted by Brazilian President Lula da Silva, to discuss the situation concerning the United States imposition of trade tariffs on multiple countries including BRICS members. The meeting lasted about 90 minutes. All ten full BRICS members were present, represented by Brazilian President Lula Da […]
The trade turnover between Russia and China, which grew by almost 2% last year to US$245 billion, can be expected to grow by another US$30 billion in the coming two years, according to Peter Zaselsky, the Chairman of Russia’s Roseximbank. He was speaking at the Far Eastern Economic Forum in Vladivostok. Russia-China trade turnover has […]
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