The Russian Foreign Minister, Sergey Lavrov has met with Celso Luiz Nunes Amorim, the Special Advisor to the President of Brazil for Foreign Policy, in Moscow. Lavrov and Amorim exchanged views on the current international situation and global problems. They also emphasised the mutual intention to further deepen coordination of Moscow’s and Brasilia’s efforts in […]
Russia’s Sberbank is developing structured bonds whose yields will be tied to cryptocurrency price movements, according to Sberbank Executive Board Deputy Chairman Anatoly Popov. He said that “In the near future, we will present investors with a product that provides convenient and secure exposure to cryptocurrency assets – without direct ownership of cryptocurrencies, while fully
Russia’s EkoNiva Group, the largest raw milk producer in the country, has opened its first retail store in China. It was opened in Xi’an, Shaanxi Province, which is home to the group’s trader EkoNiva (Xi’an) Dairy Co. Xi’an is also home to the world-famous terracotta warriors. The EkoNiva store offers customers ultra-pasteurized milk and coffee
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,
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 »
Russian President Vladimir Putin has signed a new law promoting the local production of taxicabs used in the country. According to the legislation, Russian passenger cars would have to meet two conditions in order to be included in the taxi registry: either score a sufficient number of localization points or be produced under a special
Russia Tax Incentivizes The Use Of Domestic-Built Taxis Read More »
In the city of Blagoveshchensk, Republic of Bashkortostan, Russia’s first production line for iron sulfate monohydrate, a key component for agriculture and agrochemicals, has begun operation. The project was implemented by Blagoveshchensk TOR resident, Russian Couper Company LLC, with financial support from the Industrial Development Fund (IDF). Iron sulphate monohydrate is in agricultural demand as
Russia reduces import dependence on feed additives from China Read More »
Russian Deputy Prime Minister Alexander Novak and Bahrain’s Oil and Environment Minister Mohamed bin Mubarak Bin Dainah have been discussing cooperation under the OPEC+ agreement, with eyes on production guarantees for ensuring the stability and predictability of the world oil market. They have agreed to coordinate relations in this area, in response to Western sanctions
Russia, Bahrain, Discuss Oil Energy Stability And OPEC+ Production Agreements Read More »
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 »
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