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% […]
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 […]
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. […]
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 […]
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 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 […]
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 […]
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, […]
The independent Ranking Royals analytics company, which measures statistical data on a global basis, has released its latest survey, this time on global IQ measurements. Testing 1.39 million individuals from 100 countries from January 1st this year, the findings showed that the countries with the highest IQ’s were Asian, with China leading with an average […]
In order to maximise the potential of the Northern Sea Route (NSR) and develop it into one of Russia’s key transport lanes, Russia’s Arctic seaports need to be integrated with Russia’s railway and road shipping infrastructure and inland waterways, according to Nikolai Patrushev, Russian presidential aide and the Chairman of Russia’s Maritime Board. Speaking at […]
Two more logistics terminals will be built on the Russian border of Buryatia with Mongolia: one near the Naushki railway checkpoint, the second near the Kyakhta checkpoint, according to the Kyakhtinsky government. The construction projects will begin immediately, and should be completed by 2027. The local newspaper stated that Andrey Fomin, the head of the […]
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