Investment

BRICS

BRICS To Launch New Multilateral Guaranteed Investment Fund

BRICS, Finance, Investment, Trade

The BRICS group is to announce a new BRICS Multilateral Guarantee Fund, backed by its New Development Bank (NDB) to lower project financing costs and boost investment. The initiative, apparently modeled on the World Bank’s Multilateral Investment Guarantee Agency (MIGA), aims to address global investment shifts amid uncertainty surrounding U.S. economic policy, according to sources via Reuters. Brazilian officials […]

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Saudi

Russia, Saudi Arabia 2025 Relations: Update 

Energy, Exports, Imports, Investment, Middle East, Security, Trade

The Russian Foreign Minister, Sergey Lavrovm has held talks with Faisal bin Farhan Al Saud, the Foreign Minister of the Kingdom of Saudi Arabia, yesterday (July 4). Al Saud is in Moscow on a working visit.  The ministers called for maintaining a regular Russian-Saudi dialogue and intensifying delegation exchanges. They stressed the need for promoting

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russia-taliban

Russia Officially Recognizes The Taliban As Afghanistan’s Legitimate Government

Asia, Investment, Regulatory, Security, Trade

Moscow has officially recognized the Taliban in Afghanistan, becoming the first major power to establish formal diplomatic ties with the Islamic government. The Russian Supreme Court had previously removed the Taliban from its list of terrorist organizations in April this year, effectively legalizing its activities for the first time since the designation in 2003. The

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China

China Increases Purchases Of Russian Base Metals   

China, Exports, Investment, Trade

Beijing has increased purchases of Russian metals, according to Chinese customs data. Chinese imports of Russian aluminium jumped nearly 56% year-on-year to almost one million tons between January and May, while copper purchases surged 66% and nickel imports more than doubled, according to the Chinese statistics. While Russia’s largest aluminium producers Rusal and Norilsk Nickel

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Africa

Africa To Become Russia’s Third Largest Coal Importer and Significant NPP Operator

Africa, Energy, Exports, Investment

Africa has the potential to become a major market for Russian coal exports and could rank third after China and India in terms of supply volumes, according to Russian Deputy Energy Minister Dmitry Islamov. He noted that Africa’s population is expected to exceed 1 billion in the coming decades, positioning the continent as a major

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Saudi

Russia Estimates Saudi Arabian Agricultural Market As Having Significant Growth Potential

Agriculture, Exports, Imports, Investment, Middle East, Trade

Russia has significant potential to increase agricultural exports to Saudi Arabia, with the total export potential of Russian agricultural products to the country estimated at US$1.4 billion by 2030, according to Ilya Ilyushin, Head of the Agroexport Federal Center. He was speaking at the Russian-Saudi GRAS Agro-Industrial Forum in Moscow on June 30. The GRAS Forum is the first-of-its-kind platform

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Sberbank India

Sberbank Insurance Gains India License

Finance, India, Investment, Trade

Sberbank Insurance has obtained accreditation in India, according to its CEO Mikhail Volkov. He said that “As a universal insurance company, Sberbank Insurance seeks business development opportunities wherever possible. There are needs that stakeholders expect us to fulfill, such as products required for international trade operations. This isn’t a quick process. It involves complex, specialized

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Tashanta

Another Mongolia Border Checkpoint Expanded, Free Economic Zone Established

Eurasian Economic Union, Exports, Imports, Infrastructure, Investment, Trade

With the pending Eurasian Economic Union – Mongolia Free Trade Agreement shortly to come into effect, another vehicle checkpoint is being upgraded on the Russia-Mongolia border, this one being at Tashanta, on the border of the Altai Republic with Tsagaannuur in Mongolia. The border crossing is part of the AH4 international highway, and will be

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Turkiye 1

Russia Proposes Increasing LNG Sales & Investments With Turkiye

Energy, Exports, Infrastructure, Investment, Middle East

Russia is interested in increasing regular liquefied natural gas supplies to Turkiye and is prepared to participate in joint investment projects to develop the gas market there, according to an intergovernmental commission meeting between the two countries. Russian Deputy Prime Minister Alexander Novak has stated that Turkiye had LNG terminals receiving products from all over the world and could

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Malaysia

Russia, Malaysia to Collaborate on Nuclear Energy

Asia, Energy, Exports, Infrastructure, Investment, Trade

Russia and Malaysia have agreed to expand cooperation on the use of nuclear energy, state nuclear corporation Rosatom announced, following high-level talks in Moscow on Friday (June 27). The meeting was attended by Rosatom CEO Aleksey Likhachev and Malaysian Deputy Prime Minister Fadillah Yusof. The discussions focused on the use of Rosatom’s Nuclear Power Plant (NPP) technologies.

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