BRICS

China’s Chery Auto Manufacturer Now The Largest Foreign Company In Russia By Revenue

BRICS, China, Foreign Investment, Trade

Chinese car manufacturers Chery has become the largest foreign company in Russia by revenue in 2023, according to Forbes magazine. Chery is the first ever Chinese company to claim the top spot in the Forbes ranking. The brand increased its sales in Russia by 300% year-on-year to over ₽590 billion (US$6.65 billion). According to the […]

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Russian and Iranian Auto Manufacturers Look To Cooperate  

BRICS, Eurasian Economic Union, Investment, Trade

Iranian and Russian automobile and parts manufacturers met at the MIMS Automobility Moscow 2024 last week to discuss ways to strengthen cooperation, as bilateral trade and supply of Iranian auto parts has increased by 450% since the county signed a Free Trade Agreement with the Eurasian Economic Union and joined BRICS. The Iranian delegation, led

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International Organizations Image

Russia To Evaluate The Performance Of Its International Participation Memberships

BRICS, Economy, Investment, Shanghai Cooperation Organisation, Trade

The Russian government is to put into place a more assertive approach in promoting its national concerns and development agenda within multiple international organizations, including the World Bank, APEC, OECD, APEC, G20 and BRICS amongst others. To do this, the Ministry of Finance (MoF) has selected the Economic Expert Group, who during 2024–2025, will conduct

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Abrau Tonic

Russian Wine Maker Abrau-Durso To Produce Tonic Beverages In India

BRICS, India, Investment, Trade

Abrau-Durso, Russia’s leading producer of sparkling wines, has begun producing sparkling beverages in India. Boris Titov, Abrau-Durso’s principal owner has said the initial trial batch will total 10,000 bottles. Unlike the companies usual, champagne style products, the new India production will be a low alcohol sparkling beverage aimed at the youth market and available in

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Moscow Hosting BRICS International Municipal Forum   

Africa, BRICS, China, Energy, India, Infrastructure, Investment

Moscow is hosting the BRICS International Municipal Forum (IMBRICS) from August 27/28, an event that is bringing together city mayors and related municipal officials from 126 countries, 89 Russian regions and 500 cities to discuss and share information on municipal and urban planning. The Government of Moscow is acting as the General Partner of the IMBRICS

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St Petersburg

St. Petersburg Port To Focus On Latin American & East African Trade 

Africa, BRICS, Logistics & Transport, Trade

The Port of St. Petersburg is expanding export support measures and is looking to develop subsidised container shipments to Brazil, Venezuela, Tanzania and Cuba, according to Kirill Soloveitchik, the city chairman of the Committee on Industrial Policy, Innovation and Trade. It is planned that at the first stage, shipments will mainly be carried out in

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Russia’s Trade With BRICS Countries Increases 6% In 5M 2024

BRICS, Economy, Infrastructure, Investment

The BRICS Partnership for a New Industrial Revolution is Underway Anton Alikhanov, Russia’s Trade & Industry Minister, has been attending the 8th meeting of the BRICS Industrial Ministers in Nizhny Novgorod, and has said that during the first five months of 2024, Russia’s trade turnover with the complete BRICS membership increased by 6.3%. This includes

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Russia – Azerbaijan 2024 Bilateral Trade & Development 

BRICS, Eurasian Economic Union, Infrastructure, Trade

Russian President Vladimir Putin has been visiting Azerbaijan on August 18-19, holding negotiations and discussions with Azerbaijani President, Ilham Aliyev. The talks are designed to address the further development of Russian-Azerbaijani relations of strategic partnership and alliance, as well as current international and regional issues” according to a Kremlin press release. Plans are in place

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