Sri Lanka has stated it is interested in joining the BRICS group as views it ‘as a platform to spur its economic growth.’
Neighbouring India is the 2026 BRICS chair and will host annual BRICS summit in late summer. It is possible Sri Lanka could be invited to become a partner nation.
Russia’s Port Favor, near St.Petersburg, is aiming to double fertilizer exports as it gears up with expanded facilities, including recent increases of Ammonia exports. It remains a key supplier to come European markets.
Landlocked Belarus, rubbing up against political and security barriers to the West and South, is looking North and East as it wishes to continue to develop its own Pivot to Asia. This includes a specific Belorussian container terminal dedicated to Belarus imports and exports at Murmansk port in the Russian Arctic.
Russia’s FESCO transportation group has achieved a new weekly record volume of railway container transport from the Vladivostok Commercial Sea Port. From 9 to 15 February, 6,767 TEU were sent from VMTP as part of 45 container trains. This is 62 TEU more than the previous weekly maximum achieved in August 2024. FESCO stated that […]
The Russian State Duma has ratified amendments to four Russian-Bangladesh intergovernmental loan agreements related to the construction of a nuclear power plant in Bangladesh. Russian Deputy Finance Minister Vladimir Kolychev stated that “The amendments were agreed and signed to overcome difficulties with settlements in unfriendly currencies for government loans previously provided to Bangladesh. The protocols […]
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Monday (February 16) is Lunar New Year’s Eve and is the traditional day for families throughout Asia to come together, have a huge dinner, and wait for midnight to welcome in the beginning of a New Year. Because a year of twelve lunar months is 11 days shorter than a solar year (which determines the […]
South Korea imported 8,200 tonnes of barley from Russia in January, up 9.3-fold compared to the figure from January 2025, according to Seoul’s customs statistics. The export value of these supplies increased from US$215,000 in January 2022 to US$2 million in January 2025. This means that Russia is now the second-largest supplier of barley to […]
Russia expanded its exports of agricultural products to North Korea in 2025 with beer, rapeseed oil, and tobacco products, the Agroexport federal center has stated. Previously, these products had not been supplied to the North Korean market. In particular, beer exports amounted to around 30 tonnes worth US$20,000, rapeseed oil exports stood at over 310 […]
Russia’s Sibagro Group plans to begin exporting pork to the North Korean market in Q1 this year, the company has announced. Based in Belgorod, near Ukraine, Sibagro has passed Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) certification and obtained the right to export meat products and offal to North Korea. Sibagro plans to expand […]
Russia’s Ezocm, a Yekaterinburg-based, non-ferrous metal processing company, is to enter the Vietnamese market, according to Denis Repin, its executive director. The Vietnamese market is of interest to the company due to the growing demand for products in the electronics, medical, and chemical industries, as well as a shortage of local production of high-purity metals, […]
Russia exported 118,000 tonnes of fish and seafood to Japan, up 9% in 2025, valued at US$952 million (up 11%) compared to the previous year, according to Japanese customs data. The Russian Fish Union said that “Supplies of pollock roe increased 3% to 22,000 tonnes and decreased 3% in value to US$109 million. Japan is […]
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