The BRICS nations convened an emergency virtual summit yesterday (September 8), hosted by Brazilian President Lula da Silva, to discuss the situation concerning the United States imposition of trade tariffs on multiple countries including BRICS members. The meeting lasted about 90 minutes. All ten full BRICS members were present, represented by Brazilian President Lula Da […]
Laos could reroute its coffee sales from the US to Russia due to the 40% tariffs imposed by US President Donald Trump, Laotian Prime Minister Sonexay Siphandone has stated. Trump imposed levies on goods from Laos last month as part of a broader flurry of country-specific tariffs aimed at addressing what he called unfair trade […]
The Cypriot-based Burger King Russia is the latest EU listed company to have redomiciled its business from the European Union to Russia, where it will continue to operate as BKR ICLLC. According to the Russian Unified State Register of Legal Entities, Burger King Russia was re-registered on September 1 in Kaliningrad’s special administrative region. The […]
Discussions With Senior Officials From China, Mongolia, Laos, and about the Russian Economy: Full Contents & Analysis The Russian President, Vladimir Putin, has taken part in a series of conversations as part of the Far Eastern Economic Forum in Vladivostok. Other participants included Sonexay Siphandone, the Prime Minister of Laos, Gombojav Zandanshatar, the Prime Minister […]
The Russian President, Vladimir Putin, has been taking part in the Plenary session of the 10th Eastern Economic Forum. Putin gave a lengthy speech, which exclusively dealt with development issues in the Russian Far East, and covered regional economic, industrial development, rare earths, energy, logistics, the Trans-Arctic Corridor, shipbuilding, legal and tax incentives, an Arctic […]
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The United States is to participate in this month’s Intervision Song Contest being held in Moscow on September 20, with American singer-songwriter B Howard representing the US. The Intervision Song Contest is Russia’s version of the Eurovision contest, which has been criticised for promoting a woke and LGBTQ agenda. Russia has been banned from entering […]
Consumer interest in Russian wine is rising amid systematic operations to develop the industry and improve product quality, according to the Russian Agriculture Ministry, which stated that “Over 60% of wine on store shelves and in restaurants is now domestically produced, with Russian consumers increasingly choosing Russian wine.” Wine production in Russia is also growing, […]
The Standing Committee of the Russia-Belarus Union State has supported a proposal to create a credit rating agency, the committee has said. The move is necessary, as Western credit ratings agencies, including Fitch, Moody’s, and S&P, pulled out of these markets in 2022, making it extremely difficult for banks and companies in Russia and Belarus […]
The growth of bilateral trade between Russia and China in the medium term may be more restrained than it has been in recent years, according to Anton Alikhanov, Russia’s Minister of Industry and Trade. He was speaking at the Russian-Chinese business forum in Kazan and said that among the reasons for the slowdown in growth […]
Chinese companies are interested in further localizing their production in Russia, according to Oleg Nepochatov, the CEO of the Ulyanovsk Special Economic Port Zone. He was speaking at the 3rd Sprouts Business Forum which has been held in Kazan. Nepochatov said that “We see the demand of the Chinese companies to deepen localization of their […]
Russia is both developing and integrating its digital transport system with China’s, according to Igor Levitin, an Adviser to the President of Russia and Special Representative for International Transport Cooperation. He was speaking at the Rostki International Forum in Kazan. Speaking at the session on “Russia-China: Logistics Connectivity as a Basis for Sustainable Partnership”, Levitin […]
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