BRICS

EAEU and UAE Flag

UAE Expected To Conclude Eurasian Economic Union Free Trade Agreement At BRICS Summit 

BRICS, Eurasian Economic Union, Trade

The United Arab Emirates (UAE) and the members of the Eurasian Economic Union (EAEU) may conclude negotiations on setting a free trade zone by the BRICS summit set for October 22-24 in Kazan, according to Andrei Slepnyov, the Eurasian Economic Commission Trade Minister. He has stated that “With the UAE, we are at the finalization […]

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Russia Yemen

Russia – Yemen 2024 Bilateral Relations: Update

Africa, BRICS, Energy, Investment, Trade

Russia’s Deputy Energy Minister Sergei Mochalnikov and Yemen’s Oil and Minerals Minister Saeed al-Shamasi, co-chairmen of the Russian-Yemeni intergovernmental commission, have been discussed the trade and economic cooperation between the two countries on fuel and energy on the sidelines of the Russian Energy Week. The two sides discussed interaction in industry, agriculture, and modernization of

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BRICS Digital

Putin Says BRICS Payment System In Progress, Nasdaq Says Would Disrupt US Dollar and Euro

BRICS, Economy, Finance, Trade

The Russian President Vladimir Putin has been speaking at the Russian Energy Week forum in Moscow, and stated as part of his speech that the BRICS member nations are jointly developing a payment and settlement framework to be used for trading within the group. Putin stressed that supplies of Russian oil and gas to ‘friendly’

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Cocoa

Moscow Stock Exchange Begins Trading In Cocoa Futures With African, Asian and Latin American Producers A Main Beneficiary

Africa, BRICS, Finance, Trade

The Moscow Stock Exchange (MOEX) has begun trading in cocoa futures contracts, with trading and settlements conducted in Russian Rubles. The cocoa trade desk began operating yesterday (September 24) and reflects an international demand for the product, reflecting the dynamics of the price of cocoa beans supplied from countries in Africa, Asia, and Central and

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Pakistan Farmer

Russia To Assist Pakistan With Agricultural Productivity & Industrial Investments

BRICS, Investment, Shanghai Cooperation Organisation, Trade

Russia’s Deputy Minister of Trade and Industry, Aleksei Gruzdev, has been visiting Islamabad and holding meetings with his counterpart, Rana Tanveer Hussain, Pakistan’s Minister for Industries, Production, and National Food Security. The two officials discussed enhancing bilateral trade, with a focus on improving agricultural outputs. As a result, Russia has agreed to supply the latest

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Russia Egypt

Russia – Egypt Bilateral Trade Triples To Over US$7 Billion

Africa, BRICS, Eurasian Economic Union, Trade

The Russian Foreign Minister, Sergey Lavrov, and Trade and Industry Minister Anton Alikhanov met with Egypt’s Egyptian Foreign Minister Badr Abdelatty in Moscow on Monday. The meetings were to discuss the situation in Palestine, as well as trade updates and other bilateral relations. Egypt is also a member of BRICS, with the 2024 annual heads

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Russia Wants To Reel In China’s Growing Fish Consumer Market

BRICS, China, Trade

Russian fish exporters need to actively develop new niche markets through marketing tools, according to German Zverev, President of the All-Russian Association of Fishermen. This will be of interest to Russian sales and marketing businesses with China market capabilities. According to Zverev, China is currently the second largest global importer of fish products after the

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