BRICS

Moscow Considering Recognition Of Taliban As Afghanistan’s Legitimate Government

BRICS, Trade

The Foreign Ministry of the Taliban movement (which is currently banned in Russia as a terrorist organization), which controls Afghanistan, has welcomed Russia’s declared intention to build bilateral relations. Abdul Qahar Balkhi, spokesperson for the Taliban Foreign Ministry, said that “The Ministry of Foreign Affairs of the Islamic Emirate of Afghanistan welcomes comments by the

Moscow Considering Recognition Of Taliban As Afghanistan’s Legitimate Government Read More »

Thailand Applies To Join BRICS

BRICS, Trade

October 25 Update: Thailand has now been granted ‘BRICS Partner’ status. See more here. Thailand will apply to become a member of the BRICS economic bloc, the Thai government in Bangkok announced on Tuesday (May 28). Government spokesman Chai Wacharonke said that the Thai cabinet has approved the text of the official letter expressing Thailand’s

Thailand Applies To Join BRICS Read More »

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 »

Scroll to Top