BRICS

Russia Looking To Revive South African Gas Refinery

BRICS, Energy, Trade

South Africa’s PetroSA and Russia’s Gazprombank are currently investigating the feasibility of restarting operations at South Africa’s gas-to-liquid (GTL) fuel plant in Mossel Bay in South Africa’s Western Cape. PetroSA spokeswoman Nonny Mashika-Dennison has said that all factors affecting the viability of restarting operations at the refinery were being considered as part of a comprehensive […]

Russia Looking To Revive South African Gas Refinery Read More »

India’s Foreign Minister: India’s 7.6% GDP Growth Rate Is Fuelled By Russia 

BRICS, India, Trade

India’s Foreign Minister Subrahmanyam Jaishankar has stated that New Delhi’s decision to purchase energy supplies from Moscow are pivotal to India and its rise as the world’s fastest-growing large economy.  Speaking at an event in Mumbai, India’s financial capital, Jaishankar emphasized that the nation’s purchases of Russian crude since the beginning of the Ukraine conflict

India’s Foreign Minister: India’s 7.6% GDP Growth Rate Is Fuelled By Russia  Read More »

Russia – Afghanistan Trade Turnover Up Fivefold Since 2022 US Troop Withdrawal

BRICS, Trade

Rustam Habibullin, the head of the Russian Business Center in Afghanistan, has said that the trade turnover between Russia and Afghanistan after the withdrawal of US and NATO forces has increased significantly and reached US$1 billion. He stated that the main areas of trade are gas, oil products, flour and wheat, and more recently, dairy

Russia – Afghanistan Trade Turnover Up Fivefold Since 2022 US Troop Withdrawal Read More »

First Agroexpress Chelyabinsk Freight Train Leaves For Chengdu

BRICS, China, Infrastructure, Logistics & Transport, Trade

The Yuzhnouralsky Dry Port and Rusagrotek LLC have sent the first container train with agricultural products from Chelyabinsk to Zabaikalsk, one of the China border crossings. The train will proceed to Chengdu in China’s Sichuan Province, with the total travel time estimated at 14 days. The train consists of 70 forty-foot containers. The route was

First Agroexpress Chelyabinsk Freight Train Leaves For Chengdu Read More »

Indian Imports Of Metallurgical Coal From Russia Grows To 21% Of Total

BRICS, Energy, India, Trade

Imports of metallurgical coal from Russia have grown three-fold in the last three years to around 15.1 million tonnes in 2023-24 mainly due to lower prices – while the same imports from Australia have declined, according to Indian research firm Big Mint. Russia’s share in India’s metallurgical coal imports of 73.2 million tonnes has risen

Indian Imports Of Metallurgical Coal From Russia Grows To 21% Of Total Read More »

Russia To Invite BRICS Countries To Form An Independent Financial System

BRICS, Economy, Finance

The Russian Ministry of Finance, together with the Central Bank and BRICS partners, will prepare a number of initiatives to create an independent international monetary and financial system. The result of this work may be, among other things, the creation of a digital settlement and payment platform “BRICS Bridge”. This was decided following a meeting

Russia To Invite BRICS Countries To Form An Independent Financial System Read More »

Hambantota Airport

Sri Lanka’s Hambantota Airport To Be Jointly India-Russia Managed

BRICS, Foreign Investment, Infrastructure, Trade

The Sri Lankan authorities have decided to transfer the management of the southern Mattal Rajapaksa International Airport (MRIA) in Hambantota to the Russian airport management company AR Regional Airports and India’s Shauraya Aeronautics. MRIA is one of three international airports in Sri Lanka and was built to offset pressure at the main airport in the

Sri Lanka’s Hambantota Airport To Be Jointly India-Russia Managed Read More »

The Proposed Eurasian Economic Union – India Free Trade Agreement: Updates & Opinion

BRICS, Eurasian Economic Union, Trade

India and the Eurasian Economic Union (EAEU) have been holding discussions concerning a proposed free trade agreement for some time now. With the EAEU including Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia, the concept holds considerable promise for India as it looks to secure new markets – Kazakhstan is a target, as is Russia, without having

The Proposed Eurasian Economic Union – India Free Trade Agreement: Updates & Opinion Read More »

Russian Foreign Minister Meets With Bolivian Foreign Minister in Moscow

BRICS, Trade

Russia’s Foreign Minister, Sergey Lavrov, met with his Bolivian counterpart Celinda Sosa in Moscow on Friday (April 26). The Bolivian diplomat is paying a two-day visit to Russia on April 26 and 27. Discussed were bilateral ties, political dialogue, ways of broadening cooperation in various sectors and improving the legislative and contractual framework, as well

Russian Foreign Minister Meets With Bolivian Foreign Minister in Moscow Read More »

Subscribe
Subscribe
Scroll to Top