Latin America

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

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BRICS

Nine New BRICS Partner Countries From January 1, Four Pending, and 24 Applications

Africa, Asia, BRICS, Latin America, Middle East, Russia's Belt & Road, Trade

Nine countries will officially join BRICS as partner states in January, Russian presidential aide Yuri Ushakov has said, adding that the economic group is open to like-minded partners. The new “Partner Country” status was approved at the BRICS summit in Kazan in October, after more than 30 countries applied to join the organization. Partner country

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Flights

Russia Discussing Direct Flights To Brazil, Malaysia and Pakistan  

Asia, BRICS, Latin America, Logistics & Transport, Trade

Russia is holding negotiations on launching direct flights to Brazil, Malaysia and Pakistan, according to Roman Starovoyt, the Russian Minister of Transport, who had said “We are considering Malaysia and Brazil. Pakistan has also contacted us recently with a similar request. We are also analyzing the situation there, and engaging in a constant dialogue. Of

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Russia’s Promsvyazbank Developing US Dollar ATM Network In Nicaragua

Economy, Finance, Infrastructure, Latin America

Russia’s Promsvyazbank (PSB) has begun developing a Russian payment infrastructure in Nicaragua and will develop an ATM network in the country, the bank has stated. PSB has installed its first ATM in the Nicaraguan capital, Managua, at a branch of Credicoop R.L. bank. It provides customers with access to cash operations in the national currency,

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