BRICS

Cuba

Russia’s Zarubezhneft Begins Oil Extraction In Cuba

BRICS, Energy, Investment, Latin America, Trade

Russia’s Zarubezhneft, a state-owned oil company specializing in exploration, development and operation of oil and gas fields outside Russia, has transitioned from pilot production to the exploitation phase of its Boca de Jaruco project in Cuba. The Boca de Jaruco field produces extra-viscous, extra-heavy oil (natural bitumen) from carbonate deposits using thermal steam methods. Zarubezhneft […]

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Russia Zimbabwe

Russia-Zimbabwe 2025 Trade & Investment and BRICS Application: Update 

Africa, Agriculture, BRICS, Exports, Imports, Security, Trade

The Zimbabwe Foreign Minister, Amon Murwira, has been visiting Moscow and has held meetings with Sergey Lavrov, the Russian Foreign Minister. Muwira stated that Zimbabwe is keen to join the BRICS group and join the BRICS New Development Bank as a partner state. In addition, he stated that his country was willing to further develop

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Egypt

Russian Industrial Zone In Egypt: Operational Cost Analysis

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

The long-delayed proposals to establish a Russian Industrial Zone at Port Said near the Suez Canal in Egypt appear to be coming to a conclusion with a planned meeting of the two countries’ intergovernmental commission in May, according to Russian State Secretary and Deputy Industry and Trade Minister Roman Chekushov. An agreement to proceed with

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Space

Russia, India Cooperating In Space and Upcoming Moon, Mars Exploration: Cosmonaut

BRICS, India, Investment, Trade

Russia’s leading cosmonaut, Oleg Artemyev, has been visiting India attending the NXT Conclave and has met with Prime Minister Narendra Modi to discuss space collaboration. Artemyev said that “India and Russia have been cooperating in space for six decades, and this collaboration will expand on a wide front to include lunar projects, Mars exploration, and

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Brazil BRICS

Brazilian President Encouraging New Intra-BRICS Payment Platforms    

BRICS, Economy, Finance, Trade

Brazilian President Luiz Inacio Lula da Silva has said that the BRICS nations remain committed to developing new “transparent and secure” payment platforms to boost their economic integration and reduce “vulnerabilities” in the global market. He was speaking at a meeting of the BRICS Ambassadors (also known as “Sherpas”) on Thursday, (February 27) as the

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Brazil

Rosatom Wins Contract To Enrich Brazilian Uranium    

BRICS, Energy, Exports, Infrastructure, Investment, Latin America, Trade

Russia’s nuclear energy state corporation, Rosatom, has won a Brazilian tender to provide conversion and enrichment services for domestically produced uranium, according to the companies press service, which stated the contract signed by Rosatom with the Brazilian state company Industrias Nucleares do Brasil (INB) is “worth around US$40 million.” It is expected that Brazilian uranium

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Iran-Arrow

Iran – EAEU Free Trade Agreement To Remove Tariffs On 87% On All Products Traded With Russia

BRICS, Eurasian Economic Union, Exports, Imports, Infrastructure, Logistics & Transport, Middle East, Trade

The Russian Foreign Minister, Sergey Lavrov has been in Tehran holding talks with his Iranian counterpart, Abbas Araghchi, as well as with the Iranian President, Masoud Pezeshkian. Much of these discussions revolve around resolving bottlenecks at the Rasht-Astara railway route, which is part of the INSTC network between Russia and the Middle East. Construction work

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south Africa Flag

Russia-South Africa 2025 Trade & Investment: Update 

Africa, BRICS, Exports, Imports, Investment, Trade

The Russian Foreign Minister, Sergey Lavrov was in South Africa last week attending the G20 Foreign Ministers meetings. During that event, he met with Ronald Lamola, the South African Foreign Minister. The two underscored the need for closer foreign policy coordination at the United Nations as well as the G20 and BRICS, highlighting the significance

Russia-South Africa 2025 Trade & Investment: Update  Read More »

New Russia-Thailand Shipping Route Connects Novorossiysk With Bangkok

Asia, BRICS, India, Infrastructure, Logistics & Transport, Trade

A new logistics line for commercial transportation, dubbed the “Thai Express” will connect Russia’s Novorossiysk Port to Bangkok. It has been created by A7 Holdings and Novostal-M, with the first ships of the Thai Express to commence service from July this year. Delivery will take at least 30 days. In addition, the cargo turnover from

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Rus Belarus

Russia–Belarus Bilateral Trade Up 107.4% In 2024

BRICS, Commonwealth of Independent States, Eurasian Economic Union, Exports, Imports, Trade

The Belarusian Deputy Economy Minister Alesya Abramenko has said that bilateral trade in goods and services between Russia and Belarus reached US$57.6 billion, achieving a growth rate of 107.4% in 2024. Abramenko was speaking at a meeting of the interdepartmental working meeting of the Belarusian Economy Ministry and the Russian Economic Development Ministry. She added

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