Latin America

Trade

Trade With Southeast Asia and Latin America Now Accounts for 70% of Russia’s Exports & Imports: Foreign Ministry Interview

Asia, BRICS, Eurasian Economic Union, Finance, Latin America, Trade

Trade with the economies of Southeast Asia and Latin America already accounts for more than 70% of Russia’s export-import transactions, and the share of settlements in national currencies under foreign contracts with them is about 90%, according to Alexander Pankin, the Russian Deputy Foreign Minister. He emphasized that Moscow will continue to deepen cooperation with […]

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BRICS-Grain

BRICS Agrarian Alliance Expected In June

Agriculture, BRICS, China, Eurasian Economic Union, Exports, Imports, India, Latin America, Trade

The upcoming BRICS Congress will take place in June, where it is planned to approve the creation of a BRICS Agrarian Alliance, according to Lyudmila Orlova, the President of the Russian National Movement of Conservation Agriculture. Orlova stated that “We held a round table in December and have now agreed on holding a congress and

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Brazil

Russian Diesel Exports To Brazil Show Sharp Increases As US Re-Directs Supplies To Europe

BRICS, Energy, Exports, Latin America, Logistics & Transport, Trade

Russia has significantly increased its exports of petroleum products to Brazil, primarily diesel fuel, over the past two and a half years, and there is potential for further cooperation in this area, according to Alexei Labetsky, the Russian Ambassador to Brazil. Labetsky said that “Over the past two and a half years, the volume of

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Butter

Russia Imports More Butter From Azerbaijan, Uruguay and Argentina

Agriculture, BRICS, Commonwealth of Independent States, Imports, Latin America, Russian Market, Trade

Russia’s supply chains are showing signs of adapting far more quickly than in the past, with one example being butter imports from Azerbaijan, Uruguay and Argentina this year, which have all increased, according to Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor). Azerbaijan delivered 940 tonnes of butter, four times the amount it did

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BRICS-US

The United States Bilateral Trade With The BRICS: Country By Country Analysis

Africa, Asia, BRICS, China, India, Latin America, Middle East, Trade

The United States President, Donald Trump, has stated on his social media account that he intends to place 100% tariffs on all imports into the United States from BRICS countries if they discontinue using the US dollar in their multilateral trade relations and revert to using their own currencies. In this article we examine the

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BRICS - VTB

Russia’s VTB Bank To Expand International Financial Transfer Services Into Africa, LatAm and Asia 

Africa, BRICS, Commonwealth of Independent States, Finance, Infrastructure, Investment, Latin America, Trade

Russia’s VTB bank plans to expand its services geography in providing international transfers in national currencies during 2025 by adding new countries in Africa, Latin America and Southeast Asia, the Russian state bank’s deputy CEO, Georgy Gorshkov has stated. VTB’s retail customers made 2.1 million transfers in the currencies of friendly countries in 2024, six

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Venezuela

Venezuelan President To Meet Russia’s Special Envoy

Energy, Latin America, Russia's Belt & Road, Trade

The Venezuelan President, Nicolas Maduro, has said that he will have a meeting with Russian State Duma (lower house) Speaker Vyacheslav Volodin who presented Moscow during Friday’s (January 10) inauguration ceremony of the Venezuelan leader. Maduro stated “I have a meeting with Russian President Putin’s special envoy planned” at a rally supporting his inauguration as

Venezuelan President To Meet Russia’s Special Envoy Read More »

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