Indonesia has become a full member of the BRICS group, the its current rotating chair country, Brazil, announced on Monday (January 6). It brings the full member number of BRICS countries to ten, with the others being Brazil, Russia, India, China and South Africa, in addition to Egypt, Ethiopia, Iran, and the UAE. Several other […]
Iran’s imports of non-oil products from Russia have reached US$1.1 billion in the past 8 months, according to Foroud Asgari, Iran’s Minister of Customs. He said that Russia has now become the fifth largest source of Iranian imports. In early December, Russian President Vladimir Putin had highlighted the stability and reliability of trade and economic
Iran Imports From Russia Up As New Supply Chains Kick In Read More »
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
Russia’s Foreign Trade: 2024 Changes and 2025 Trends Read More »
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,
Russia’s 2024 Presidency Of The BRICS And Looking Ahead To 2025: Ryabkov Interview Read More »
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
Russia – Iran Comprehensive Strategic Partnership Agreement To Be Signed January 17 Read More »
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
Russian Food Exports To India Increase Over 100% in 2024 Read More »
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
Russia’s Asian Year – Achievements Made During The Turn To The East Read More »
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
Nine New BRICS Partner Countries From January 1, Four Pending, and 24 Applications Read More »
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
Russia Discussing Direct Flights To Brazil, Malaysia and Pakistan Read More »
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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