BRICS

Russia’s Foreign Trade: 2024 Changes and 2025 Trends

BRICS, Economy, Exports, Imports, Russian Market, Trade

2024 was marked by distinct changes in Russia’s foreign trade turnover, as sanctions and geopolitical instability forced the Russian economy to adapt to a new normal. Despite these challenges, exports grew by 0.5% to reach US$278 billion in value, while the focus of attention of Russian suppliers was Asia, Africa and the CIS countries. It […]

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BRICS 2025

Russia’s 2024 Presidency Of The BRICS And Looking Ahead To 2025: Ryabkov Interview

BRICS, China, Infrastructure, Security, Trade

Sergei Ryabkov, Russia’s Deputy Minister of Foreign Affairs, and the primary “BRICS Sherpa” has been interviewed by Tass concerning the development of the BRICS group during 2024. This is especially pertinent as Russia held the Presidency of BRICS during the year, hosting the annual BRICS summit in Kazan. The interview covered Russia’s Presidency of BRICS,

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Iran

Russia – Iran Comprehensive Strategic Partnership Agreement To Be Signed January 17

BRICS, Exports, Imports, Middle East, Security, Trade

A comprehensive strategic partnership agreement between Russia and Iran will be signed during a meeting of both countries’ presidents in Moscow on January 17, 2025, the Iranian Ambassador to Russia, Kazem Jalali has stated. The Iranian Embassy in Moscow released a statement saying “Speaking about the readiness of Iran and Russia to sign a Comprehensive

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Russian Food Exports To India Increase Over 100% in 2024

Agriculture, BRICS, Exports, India, Trade

Food exports from Russia to India increased by over 100% during the first 11 months of 2024, according to from the Russian Agroexport federal agency. The top five agricultural products exported to India were sunflower oil, peas, soybean oil, dried chickpeas, and oats. The value was estimated at being worth over US$2.3 billion – more

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Russia’s Asian Year – Achievements Made During The Turn To The East

Asia, BRICS, China, Economy, India

By Kirill Babaev, Director of the Russian Institute of China and Contemporary Asia, of the Russian Academy of Science The past year has become very successful for the growing trend of a “Pivot to the East” in Russian foreign policy. It seems that Russia this year has finally fully realized that the Asian region can

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BRICS

Nine New BRICS Partner Countries From January 1, Four Pending, and 24 Applications

Africa, Asia, BRICS, Latin America, Middle East, Russia's Belt & Road, Trade

Nine countries will officially join BRICS as partner states in January, Russian presidential aide Yuri Ushakov has said, adding that the economic group is open to like-minded partners. The new “Partner Country” status was approved at the BRICS summit in Kazan in October, after more than 30 countries applied to join the organization. Partner country

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Flights

Russia Discussing Direct Flights To Brazil, Malaysia and Pakistan  

Asia, BRICS, Latin America, Logistics & Transport, Trade

Russia is holding negotiations on launching direct flights to Brazil, Malaysia and Pakistan, according to Roman Starovoyt, the Russian Minister of Transport, who had said “We are considering Malaysia and Brazil. Pakistan has also contacted us recently with a similar request. We are also analyzing the situation there, and engaging in a constant dialogue. Of

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Singapore EAEU

Is The Postponed Singapore-Eurasian Economic Union Free Trade Agreement Coming Back To Life?

Asia, BRICS, Eurasian Economic Union, Trade

The proposed Singapore-Eurasian Economic Union Free Trade Agreement is showing signs of reactivating after Kazakhstan’s Senate passed a bill ratifying the deal at a plenary meeting on Thursday (December 19). It was originally signed in Yerevan on October 1, 2019. The agreement, which has been indefinitely postponed by Singapore since early 2022, had been mothballed

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Putin

President Putin’s Annual Q&A: The Economy and BRICS: Analysis

BRICS, Economy, Russian Market

The Russian President, Vladimir Putin gave his annual public Q&A address yesterday, with him fielding questions from across Russia, including the general public and journalists. 2.2 million questions were received, ranging from the situation in Ukraine, which tended to dominate, to personal issues such as ‘What do you dream about?’ And what artworks he has

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Direct Sharjah – Sochi Flights To Start From June 2025

BRICS, Eurasian Economic Union, Logistics & Transport, Middle East, Russian Market, Trade

Air Arabia plans to launch direct flights on the Sharjah, of the United Arab Emirates, to Sochi on  Russia’s Black Sea Coast route starting from June 27, 2025, according to Sochi Airport. Flights will operate three times per week on Mondays, Wednesdays, and Fridays on narrow-body Airbus A320 aircraft, with travel time just under four

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