Asia

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Russia, Thailand Discuss Bilateral Trade & BRICS Cooperation

Asia, BRICS, Trade

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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Russian Freight Transit Via Proposed Trans-Afghan Railway Estimated At 8-15 Million Tonnes Per Annum 

Asia, Commonwealth of Independent States, Exports, Infrastructure, Investment, Security

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

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Global South To Increase Share Of Global Trade: Boston Consulting

Africa, Asia, BRICS, China, Latin America, Middle East, Russian Market, Trade

The countries of the Global South, which include 133 countries in Asia, Africa, Latin America and the Middle East, will trade more actively with China in the next decade, the Boston Consulting Group (BCG) has stated in their latest report. They note that trade turnover between China and the Global South will grow by 5.9%

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Korean War Memorial

North Korea To Permanently Honour Soldiers Who Died In Kursk

Asia, Security

North Korean leader Kim Jong-un has praised the country’s troops deployed to Russia under a mutual defense agreement as heroes, pledging that their sacrifices will be permanently honored in the homeland, according to the Korean Central News Agency (KCNA). The presence of North Korean forces in Russia’s Kursk region, where they were deployed to expel

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Sri Lanka

Russia, Sri Lanka Trade Increased 2.4 Times In 2024

Agriculture, Asia, Exports, Imports, Trade

The bilateral trade turnover of agricultural products between Russia and Sri Lanka grew 2.4-fold to reach US$343.7 million in 2024, Russia’s Agroexport federal centre has said. While relatively small, the results show an improvement in the Sri Lanka economy, with the country defaulting on its foreign debts in 2023. Russia has provided some aid assistance.

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Vietnam

Russia, Vietnam Discuss Increased LNG Supplies

Asia, Energy, Exports, Infrastructure

Russia and Vietnam have been discussing supplies of Russian liquefied natural gas (LNG) to Vietnam, during meetings between Russian Energy Minister Roman Marshavin and Vietnamese Deputy Industry and Trade Minister Nguyen Hoang Long. The sides discussed their thus far successful interaction in the oil and gas sector, including the approval of agreements to expand cooperation

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Russia, China, Uzbekistan Discussing Investment In Uzbekistan Nuclear Power Plant 

Asia, China, Energy, Eurasian Economic Union, Exports, Investment, Russia's Belt & Road

Uzbekistan’s atomic energy agency Uzatom, Russia’s Rosatom Group, China National Nuclear Corporation (CNNC) division CNOS, and Shanghai Electric have been holding negotiations on building turbine equipment and assessing the prospects of adapting it for a nuclear power plant (NPP) project in Uzbekistan. Uzatom has stated that “In the course of the negotiations the parties discussed

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Rosatom To Start Kyrgyzstan Wind & Solar Farm Constructions in 2026

Asia, Energy, Eurasian Economic Union, Exports, Investment, Russia's Belt & Road

Rosatom Central Asia have stated that the first deliveries of the equipment for a wind farm in Kyrgyzstan’s Issyk-Kul region is scheduled to be delivered in the second half of 2025, while construction will start in 2026. Kyrgyzstan’s Energy Minister Taalaibek Ibraev said that “We are starting construction of a wind farm with capacity of

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Hyundai, Kia Preparing To Return To The Russian Market? 

Asia, Imports, Russian Market, Trade

In signs that some businesses are preparing to return to the Russian market, South Korea’s auto giant Hyundai has registered at least eight new trademarks with Russia’s intellectual property service, Rospatent, this month. The filings suggest that Hyundai could be preparing for a return to the Russian market. The new trademarks grant the company the

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OIC Flag

Russia Hosts Foreign Ambassadors of the Islamic Organisation for Cooperation

Africa, Asia, BRICS, Exports, Imports, Investment, Middle East, Trade

The Russian Ministry of Foreign Affairs has hosted an informational meeting of the leadership of the Strategic Vision Group ‘Russia – Islamic World’ with the ambassadors of the member states of the Organisation of Islamic Cooperation (OIC). The meeting was co-hosted by Sergey Lavrov, Russia’s Foreign Minister, and Rustam Minnikhanov, of the Republic of Tatarstan,

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