Intra-BRICS trade is booming, driven by the expanded BRICS+ bloc (now including energy-rich nations like Iran, UAE, Saudi Arabia) and a strong push for de-dollarization, boosting local currency settlements and new payment systems like CIPS. Key themes include diversifying supply chains, enhancing South-South cooperation, developing local payment systems (NDB, CIPS), and fostering tech/industrial integration to reduce reliance on Western markets, with total intra-bloc trade already exceeding US$1 trillion and growing significantly. Navigate the BRICS business framework. Find news on economic cooperation, the New Development Bank, and joint investment projects. Essential for businesses leveraging the powerful BRICS economic bloc.
That Russia’s pivot towards Asia has been extensively discussed in Moscow’s strategic circles is no longer a distant projection on Putin’s longer-term wish list but an unfolding geopolitical and geo-economic reality. Nowhere is this more evident than in the accelerating partnership between Russia and Vietnam, one of Southeast Asia’s most dynamic economies and a crucial […]
The first UAE-Russia Business Forum takes place today (December 10), in what promises to be a landmark event in the architecture of contemporary Eurasian connectivity. Organized by the Russia–UAE Business Council with the support of the Russian Ministry of Industry and Trade and coinciding with the 12th meeting of the Russia-UAE Intergovernmental Commission on Trade, […]
Russia and Indonesia have signed a memorandum of cooperation in shipbuilding, providing the necessary regulatory framework for developing cooperation. Details of the agreement have not been provided. The agreement was signed between Anton Alikhanov, the Russian Trade & Industry Minister, and Agus Gumiwang Kartasasmita, his Indonesian counterpart. Alikanov said that the parties had confirmed their […]
Russia’s Damate Group, a leading producer of turkey meat in Russia, has received the right to export its products to Malaysia. The company has stated that “The first regular container shipments are already being assembled for dispatch. The company plans to ship the first batches of products by mid-December.” Damate notes that it is the […]
The Russian President Vladimir Putin’s historic state visit to India (December 4-5), culminating in the 23rd India-Russia Annual Summit and the Russia-India Business Forum, marked a watershed in the two countries’ economic and strategic relations. A total of 29 intergovernmental, institutional, and sector-specific pacts and cooperation documents were signed, ranging from energy, trade, connectivity, and […]
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Although the recent Modi-Putin India-Russia summit has grabbed all the headlines, it should not be forgotten that Russia also has significant diplomatic and trade relations with Pakistan. The coming years are poised to become a defining chapter in Pakistan–Russia relations, with a similar transition from episodic engagement to a structured, forward-looking partnership anchored in connectivity, […]
Ahead of Russian President Vladimir Putin’s upcoming visit to India on Thursday (December 4), India and Russia have begun to cement their comprehensive economic partnership, with this set to transform Eurasian trade dynamics in significant ways. When Putin attends the 23rd India–Russia Annual Summit on Friday, the stakes will be unusually high. This is not […]
The Russian Agriculture Minister, Oksana Lut, has been holding bilateral discussions with Azerbaijani Deputy Agriculture Minister Elchin Zeynalov. Lut said that “Russia is interested in increasing and diversifying mutual supplies of agricultural goods. This applies to grain, oil, and fat products, fish and seafood, as well as fertilizers. Cooperation in the field of selection and […]
Russia exported over 32,000 tonnes of barley to Egypt valued at nearly US$8 million in 10M 2025, the Russian Agriculture Ministry’s Agroexport center has said. The bulk of the supplies were exported in October as the domestic consumption requirement increases during the cooler months. Agroexport said that “This is an all-time high for exports of […]
Russia exported more than 24 tonnes of dried fish to Brazil totaling nearly US$400,000 in 10M 2025, according to the Russian Agriculture Ministry’s Agroexport Center. Most of the shipments were cod. Russia did not previously supply dried fish to the Brazilian market, the center said, noting that “Brazilians now have an excellent snack to go […]
As the 30th Conference of the Parties to the UN Framework Convention on Climate Change (COP-30) in Belem, Brazil, concluded without a final climate deal, the global climate agenda now stands at a crossroads. Decades of ambitious declarations from Western industrialized nations have not delivered the promised reductions in global emissions. Instead, what the world […]
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