BRICS

Russia’s Ozon To Import Indian Workers To Offset Russian Labour Shortages

BRICS, India, Logistics & Transport, Russian Market, Trade

Russian e-commerce giant Ozon is looking at recruiting thousands of skilled workers from India, according to reports from Russian media. The move highlights Russia’s increasing focus on sourcing labour resources from friendly nations as it grapples with a shortage of workers. Ozon’s legal entity, Internet Solutions LLC, is actively working with Indian recruitment agencies to […]

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Russian Cybersecurity Firm Enters Egyptian & MENA Markets 

Africa, BRICS, Investment, Security, Trade

PJSC Positive Group, the parent company of Russian cybersecurity group Positive Technologies, has signed a distribution agreement with Mideast Communication Systems (MCS), a Cairo-based provider of cybersecurity solutions in Egypt and other countries in the Middle East and Africa. The partnership will focus on sharing cybersecurity expertise and jointly promoting products and services in the

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Brazil

Rosatom Anticipating Brazilian Nuclear Cooperation Agreement  

BRICS, Energy, Investment, Latin America, Trade

Brazil expects to reach an agreement with Russia’s Rosatom on cooperation in the Brazilian nuclear sector by the end of 2025, according to Alexandre Silveira, the Brazilian Mines and Energy Minister. The two sides have begun negotiations on developing a partnership, utilizing Russian experience and seeking investment for exploring Brazil’s mineral potential. Brazil expects to

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Indonesia

Major Russian IT Developer Opening In Indonesia

BRICS, Eurasian Economic Union, Exports, Investment, Trade

Russia’s Softline, a prominent, Moscow based, publicly traded IT developer, is opening a new office in Indonesia to promote its products and services, in addition to providing vendor solutions. It sees its expert knowledge as a good match for the development potential in Indonesia, a BRICS partner nation. Indonesia is also shortly to sign a

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Russian, Chinese Rating Agencies Replacing Western Agencies In Eurasia

BRICS, China, Finance, Regulatory

Russian and Chinese credit rating agencies are replacing Western ratings agencies as demand for financial intelligence increases throughout Asia. Companies such as Moodys, S&P, and Fitch all exited the Russian market in 2022, when sanctions were imposed. Their work in Asia, and China has also been historically erratic, with a lack of local connections and

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BRICS Law

BRICS Dispute Resolution To Replace Western Based Arbitration Courts

BRICS, China, India, Infrastructure, Logistics & Transport, Regulatory

The Russian-Chinese Legal Congress is taking place on December 4th, and amongst other matters, will discuss the  issue of resolving maritime disputes between BRICS countries. Anastasia Simonova, of Verba Legal, has stated that “Cooperation between Russia, China and India in the field of maritime transportation, international transit of goods, in relation to the Northern Sea

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Whoosh

Russia’s Whoosh E-Bike Sharing To Scoot Into Latin American Markets     

BRICS, Exports, Investment, Latin America, Logistics & Transport

PJSC Whoosh Holding, the holding company of Russian electric scooter and bike sharing service operator Whoosh, plans to soon enter the markets of several cities in Latin America, including Sao Paolo, Brazil, Dmitry Chuiko, the company’s CEO has said. Chuiko announced on Alexei Linetsky’s YouTube channel “We are launching in Sao Paolo literally within a

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EAEU

Tunisia Considering Eurasian Economic Union Free Trade Agreement

Africa, BRICS, Eurasian Economic Union, Trade

The Eurasian Economic Commission (EEC), the regulatory authority of the Eurasian Economic Union (EAEU) and the government of Tunisia have set up a working group to explore the feasibility of concluding a free trade agreement, the EEC trade department reported following a meeting between EEC Trade Minister Andrei Slepnev and Tunisian Trade and Export Development

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Ethiopia

Rosatom Signs Nuclear Development Agreement With Ethiopia

Africa, BRICS, Energy, Infrastructure, Investment, Trade

Rosatom has signed a contract with Ethiopia’s Ministry of Innovation and Technology to conduct a feasibility study for the construction of a Nuclear Science and Technology Center (NSTC) in the country. Rosatom is the Russian state nuclear energy company. The initial work will be conducted by a Rosatom research subsidiary. Ethiopia is a member of

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Frigate

India Commissions Russian-Built Warships

BRICS, Foreign Investment, India, Security, Shanghai Cooperation Organisation, Trade

The Indian Defence Minister, Rajnath Singh, is to visit Russia’s Kaliningrad shipyard next month where the Indian Navy Stealth Frigate, INS Tushil is currently being built. The three-day visit will start on December 8, and will include talks with Russian Defence Minister, Andrey Belousov in Moscow. Singh will then travel to the Yantar shipyard located

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