Nearly 2,000 flights have been made between Russia and China as of April 2025, up 57% year-on-year, according to Wang Riu of the China National Tourist Office in Moscow. She said, “The number of flights between China and Russia is growing, with flights between Russian and Chinese cities reaching 1,903 in April 2025. This is […]
The current expansion of the BRICS New Development Bank (NDB) is taking place in accordance with the implementation of the NDB strategy for 2022-2026, according to the bank’s head, Dilma Rousseff. In addition to the founding members – Brazil, Russia, India, China and South Africa – several new members have joined, including Bangladesh and the
BRICS New Development Bank: 2025 Development Updates Read More »
Colombia intends to join the BRICS New Development Bank (NDB) in 2025, according to Hector Arenas Neira, Colombia’s Ambassador to Russia. Neira said that the decision on this issue was made after talks with NDB head Dilma Rousseff, saying that “the decision has been made. Our president met with the president of the BRICS bank,
Data from Vortexa, the shipping analysts, show that Greek shipping operators have jumped at the chance to lift price cap-compliant Russian oil, with the volume of Russian crude being carried on Greek-operated Aframax tankers jumping to a 12-month high. The shipping boost is due to Russia offering discounted oil to buyers in India and Turkiye,
Greek Shipping Owners Profiting From Russian Use Crude Oil Tankers Read More »
In encouraging signs that Afghanistan’s trade and investment potential is improving, the Taliban administration is holding advanced negotiations with Russia to allow banks from both countries, both of which are heavily sanctioned in the West, to handle trade worth hundreds of millions of dollars using their own currencies. Afghanistan’s acting commerce minister, Haji Nooruddin Azizi,
Afghanistan Negotiating With Russia To Use Own Currencies In Bilateral Trade Read More »
Russia intends to develop new approaches to registration of vessels of domestic companies under foreign flags, according to Vitaly Klyuev, director of the Department of State Policy of Maritime and River Transport at the Russian Ministry of Transport. He was speaking at the XIII St. Petersburg International Law conference. Klyuev pointed out that the UN
The world’s first cross-border cableway, which will connect Russia and China and stretch across the Amur (Heilongjiang) river, will cost more than ₽13 billion (US$164 million) according to the latest projections, according to Ekaterina Kuzmina, the CEO of the Agency for the Development of Project Initiatives (ARPI). Kuzmina said that “Right now, the total project
Russia – China Cross-Border Cable Car To Open Next Year Read More »
Russian Railways (RZD) sees potential to extend the International North-South Transport Corridor (INSTC) to Africa and is also studying railway projects in a number of African countries, RZD first deputy CEO Sergei Pavlov has stated. He was speaking at the State Duma during a meeting of the expert council for the development and support of
Russia Keen To See INSTC Rail Network Extend Into Africa Read More »
The Russian President, Vladimir Putin has called for the creation of a buffer zone with Ukraine and has enlisted numerous Russian Ministries and regions of Russia to assist construct in ‘in the shortest possible time’. Putin stated that the Russian Ministries of defence, interior, emergency situations, construction, health, transport, energy, communications, education and other authorities
Putin Mobilises Numerous Russian Ministries To Create A Buffer Zone With Ukraine Read More »
Russia’s Ministry of Natural Resources plans to propose introducing a 1.5 multiplier for calculating profit tax for geological exploration in onshore Arctic and Far East territories, according to Alexander Kozlov, the natural resources minister. He was speaking at a State Duma session dedicated to the socioeconomic and infrastructure development of the Arctic. The use of
Russia Introduces Tax Incentives To Increase Arctic Geological Exploration & Extraction Read More »
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