Investment

BRICS, Russia and Turkiye:  2024 Developments and Implications

BRICS, Economy, Finance, Infrastructure, Investment, Trade

Vladimir Putin has met with Recep Tayyip Erdogan, the President of Turkiye at the BRICS Summit in Kazan. This is what they had to say: Putin: “Once again, I would like to welcome everyone to Kazan and to repeat how much I appreciate it that you have accepted the invitation to attend the BRICS Plus/Outreach […]

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BRICS and the New Development Bank: 2024 Progress Report and Potential Expansion

BRICS, Economy, Finance, Infrastructure, Investment

The Russian President, Vladimir Putin, has met with the President of the BRICS New Development Bank (NDB), Dilma Rousseff. The NDB acts as a BRICS development platform and invests in infrastructure projects, often in the green sector, in BRICS nations. Equity investors include Algeria, Bangladesh, Brazil, China, Egypt, India, Russia, South Africa, United Arab Emirates,

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Russia’s Unusual, British, Slippery, and Fishy Bilateral Eel Trade

Agriculture, Imports, Investment, Miscellaneous, Trade

Russia has been buying millions of eels from the UK’s only eel supplier, according to a report in the Guardian newspaper. It is a bilateral trade that raises almost as many questions as the surprising nature of the trade itself. The European eel (Anguilla anguilla) is a protected, red-listed species, with the number of elvers

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Russia – Mongolia Bilateral Trade Up 21% In 8M 2024 As ‘Steppe Road’ Project Is Discussed

Energy, Eurasian Economic Union, Infrastructure, Investment, Logistics & Transport, Trade

The Russian Prime Minister, Mikhail Mishustin has met with the Mongolian Prime Minister Luvsannamsrain Oyun-Erdene at the annual Prime Ministerial meeting of the Shanghai Cooperation Organisation (SCO) currently being held in Islamabad. Russia is a founding member of the SCO, while Mongolia is an Observer nation. Mishustin said that “The Russian side is giving a

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Russia – Vietnam 2024 Bilateral Trade Relations: Update

Eurasian Economic Union, Foreign Investment, Investment, Logistics & Transport, Trade

Russia’s Foreign Minister Sergey Lavrov has met with Bui Thanh Son, Vietnams’ Foreign Minister, on the sidelines of the 19th East Asia Summit. Vietnam is a member of ASEAN and has a Free Trade Agreement with Russia via the Eurasian Economic Union. Vietnam’s foreign policy is based on balancing which allows it to maintain room

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Icebreaker

Russia To Award Icebreaker Ship Building Contracts To India

Imports, India, Infrastructure, Investment, Logistics & Transport, Trade

Indian media is reporting that two of the country’s shipyards will work on building four non-nuclear icebreaking ships for Rosatom, with the likely contact set to go to Gujarat shipyards – Indian Prime Minister Modi’s home region. New Delhi is already considering one state-owned and one private shipbuilder for the plan, while  reports state that

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EDB Bank

Uzbekistan To Join Eurasian Development Bank In Boost To EAEU

Eurasian Economic Union, Finance, Infrastructure, Investment, Trade

Uzbekistan is completing the procedure to join the Eurasian Development Bank (EDB), Prime Minister Abdulla Aripov said at a meeting of the Eurasian Intergovernmental Council in Yerevan. The EDB is an international development bank with charter capital of US$7 billion. Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Tajikistan are the bank’s shareholders. Uzbekistan’s decision to participate

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Russia Yemen

Russia – Yemen 2024 Bilateral Relations: Update

Africa, BRICS, Energy, Investment, Trade

Russia’s Deputy Energy Minister Sergei Mochalnikov and Yemen’s Oil and Minerals Minister Saeed al-Shamasi, co-chairmen of the Russian-Yemeni intergovernmental commission, have been discussed the trade and economic cooperation between the two countries on fuel and energy on the sidelines of the Russian Energy Week. The two sides discussed interaction in industry, agriculture, and modernization of

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Sahel

Russia signs Strategic Satellite Agreements with Burkina Faso, Mali and Niger

Africa, Infrastructure, Investment

Burkina Faso, Mali and Niger have agreed with Russia to acquire telecoms and surveillance satellites, in what is becoming a significant development in West Africa. According to Mali’s Finance Minister Aluseni Sanou, the telecoms vehicle is expected to provide television and radio broadcasting throughout the countries of the Sahel Alliance of States (ASG), internet and

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