Economy

Iran

Russia, Iran Bilateral Developments: July 2025 Update

Economy, Infrastructure, Middle East, Security, Shanghai Cooperation Organisation, Trade

Russia’s Foreign Minister, Sergey Lavrov, met with Foreign Minister of the Islamic Republic of Iran Abbas Araghchi on July 15, (Tuesday) on the sidelines of the Shanghai Cooperation Organisation’s (SCO) Foreign Ministers Council Meeting in Tianjin, China.  They continued their exchange of views on regional and international issues of mutual interest. They reiterated the imperative […]

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Gold

Russia To Begin Trading Gold On St. Petersburg Exchange

BRICS, Economy, Eurasian Economic Union, Finance, Russian Market, Shanghai Cooperation Organisation, Trade

Russia, the world’s second-largest gold producer, is to free itself from the current dependence of gold prices on the London Stock Exchange (LSE), and plans to launch gold trading on the St. Petersburg Exchange (SPIMEX) by the end of the year. One of the main objectives of the exchange when launching a new market is

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WTO-Russia

Russia, World Trade Organisation To Collaborate On Reform

BRICS, Economy, Finance, Regulatory, Trade

The Russian Foreign Minister, Sergey Lavrov, has met with the Director-General of the World Trade Organisation Ngozi Okonjo-Iweala on the sidelines of the BRICS summit in Rio de Janeiro. They both reaffirmed the need for prompt reform of the WTO based on inclusiveness, non-discrimination, transparency and mutual respect, and exchanged views on several aspects of

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BRICS

President Putin’s Plenary Speech At BRICS 2025: Content & Analysis    

BRICS, Economy, Finance, Infrastructure, Investment, Russian Market, Security, Trade

The Russian President, Vladimir Putin, gave a speech at the main Plenary session of the BRICS 2025 annual Heads of State summit currently being held in Rio de Janeiro. In it, he discussed the BRICS growth, economic data, global payment systems and several potential new initiatives including the creation of a BRICS carbon trade mechanism,

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Lavrov

Russian Foreign Minister Discusses Multipolarity, Global Reform, Economics and AI At 2025 BRICS: Contents & Analysis

BRICS, Economy, Finance, Infrastructure, Trade

The Russian Foreign Minister, Sergey Lavrov, has been representing Russia at the BRICS 2025 Heads of State annual meetings in Rio de Janeiro. He spoke at a session themed “Strengthening the Multilateral World Order, Financial and Economic issues, & Artificial Intelligence.” Lavrov’s comments mainly focused on the current state of the global economy, the need

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Kyrgyzstan

Russia, Kyrgyzstan 2025 Bilateral Relations, Trade and Migrant Labour: Updates

Commonwealth of Independent States, Economy, Eurasian Economic Union, Exports, Imports, Regulatory, Trade

The Russian Foreign Minister, Sergey Lavrov, has been on an official visit to Kyrgyzstan to meet with the Kyrgyz  President Sadyr Japarov and Foreign Minister Jeenbek Kulubayev. He arrived at Cholpon-Ata, a resort town on the northern shore of Lake Issyk-Kul, where bilateral meetings were held, and the Council of Foreign Ministers of the Collective

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Mali

Russian Joint Venture Gold Refinery in Mali Looking to Attain ‘Good Delivery’ Status

Africa, Economy, Infrastructure, Regulatory

Russia’s Yadran Group, an investor in Mali’s gold mining industry, laid the cornerstone for a new gold refinery in Bamako on June 16. Construction is scheduled to be completed in 18 months, after which the refinery will go into operation and gradually achieve a design capacity of 100 tonnes of gold per annum in the first phase, with

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EAEU 2025

Eurasian Economic Union Should Double Share Of Global GDP By 2035: Lukashenko

Economy, Eurasian Economic Union, Exports, Imports, Trade

The Eurasian Economic Union (EAEU) has achieved success in the main performance indicators but fallen short of about 20 crucial targets in its 2025 development strategy; over the next decade, the union should, at a minimum, double its share in the global GDP, Belarusian President Alexander Lukashenko has said. He was speaking at the 2025

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Colombia

Colombia Joins BRICS New Development Bank

BRICS, Economy, Exports, Finance, Imports, Investment, Latin America, Trade

Colombia has confirmed it has joined the New Development Bank (NDB), the financial investment arm of the BRICS group. Colombia had requested membership in the NDB in May of this year, amid tensions with the United States over President Trump’s tariff war and Colombia’s joining China’s Belt and Road Initiative. Colombia’s Minister of Foreign Affairs, Laura Sarabia, said,

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