India

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New Russia’s Pivot To Asia Publication: “2025 Guide To SAARC & BIMSTEC”  

Asia, BRICS, Exports, Imports, India, Trade

Russia’s Pivot To Asia has published a new “2025 Guide to SAARC & BIMSTC” which details Russia’s trade, investment and geopolitical developments with both these South Asian trade blocs. SAARC includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. SAARC comprises 3% of the world’s land area, 21% of the world’s population and […]

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Dedollarisation

Over Half Of All Countries Worldwide Are De-Dollarizing 

BRICS, China, Economy, Finance, India, Regulatory, Trade

More than half of the countries across the world have declared a boycott of the US dollar, an analysis conducted by Russia’s Sputnik media has showed. In 2024, 14 more nations embarked on de-dollarisation, according to Sputnik’s analysis. 46 countries have switched to making transactions in national currencies, and 53 countries now openly oppose the

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Russian Food Exports To India Increase Over 100% in 2024

Agriculture, BRICS, Exports, India, Trade

Food exports from Russia to India increased by over 100% during the first 11 months of 2024, according to from the Russian Agroexport federal agency. The top five agricultural products exported to India were sunflower oil, peas, soybean oil, dried chickpeas, and oats. The value was estimated at being worth over US$2.3 billion – more

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Russia’s Asian Year – Achievements Made During The Turn To The East

Asia, BRICS, China, Economy, India

By Kirill Babaev, Director of the Russian Institute of China and Contemporary Asia, of the Russian Academy of Science The past year has become very successful for the growing trend of a “Pivot to the East” in Russian foreign policy. It seems that Russia this year has finally fully realized that the Asian region can

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President Putin’s Annual Q&A: On European Politicians & His Banking Arrangements

China, Finance, India, Trade

The Russian President, Vladimir Putin gave his annual public Q&A address on Thursday (December 19) with him fielding questions from across Russia, including the general public and journalists. In Part One we focussed on Q&A that were asked relating to the Russian economy, and the development and purpose of the BRICS. In Part Two, we

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Tagras

Russia’s Tagras Holdings To Resume Oil Exploration In India

Energy, India, Investment, Trade

The geophysical division of TNG-Group, part of the Tatarstan-based oilfield services holding Tagras Holdings, plans to resume operations in India, the company has said following discussions with Oil India, the country’s largest oil producer. TNG-Group and Oil India previously collaborated on the processing and interpretation of seismic data. The geophysical division of Tagras has also

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Russia’s Ozon To Import Indian Workers To Offset Russian Labour Shortages

BRICS, India, Logistics & Transport, Russian Market, Trade

Russian e-commerce giant Ozon is looking at recruiting thousands of skilled workers from India, according to reports from Russian media. The move highlights Russia’s increasing focus on sourcing labour resources from friendly nations as it grapples with a shortage of workers. Ozon’s legal entity, Internet Solutions LLC, is actively working with Indian recruitment agencies to

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BRICS Law

BRICS Dispute Resolution To Replace Western Based Arbitration Courts

BRICS, China, India, Infrastructure, Logistics & Transport, Regulatory

The Russian-Chinese Legal Congress is taking place on December 4th, and amongst other matters, will discuss the  issue of resolving maritime disputes between BRICS countries. Anastasia Simonova, of Verba Legal, has stated that “Cooperation between Russia, China and India in the field of maritime transportation, international transit of goods, in relation to the Northern Sea

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