Trade

BRICS RMB

BRICS Energy Alliance Launches Petro-Yuan Contracts To Minimise US Dollar Usage

BRICS, China, Energy, Exports, Finance, Trade

The BRICS energy alliance has launched a coordinated system of Petro-Yuan (Chinese RMB Yuan currency) oil contracts that directly challenges US dollar dominance in global energy markets. The BRICS controls 46 million barrels per day of oil production and is implementing BRICS plus currency shift mechanisms through Yuan-denominated contracts, Indian Rupee – Russian Ruble swaps, […]

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OilGas Pipe

European Commission Bends Its Own Rules To Exclude Members From Opposing Russian Gas Ban

Exports, Infrastructure, Security, Trade

The European Commission is preparing to ban new gas supplies with Russia, which includes the banning the signing of any new contracts with pertinent gas suppliers with immediate effect, and terminating all longer-term contracts by January 1, 2028. However, this initiative is planned to be implemented in such a way as to avoid the possibility

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DPRK 2

North Korea To Send Thousands Of Engineers To Russia To Reconstruct Kursk

Asia, Imports, Infrastructure, Russia's Belt & Road, Russian Market, Security, Trade

North Korea will send thousands of engineers and military personnel to Russia’s Kursk Region to assist in demining operations and reconstruction efforts, Russian Security Council Secretary Sergey Shoigu said on Tuesday (June 17). He has been in Pyongyang to discuss investment and security issues with the North Korean leader, Kim Jong-un.  North Korean troops fought

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Blue Cat

Russia’s ‘New’ Danone Significantly Increases Production After Russian Takeover, Targets Middle East

Agriculture, Exports, Middle East, Trade

Russia’s H&N (Health & Nutrition), which incorporates the former assets of France’s Danone that exited Russia, increased its revenue 21.6% to over ₽140 billion (€1.54 billion) last year, while production grew 20.6% to nearly 950,000 tonnes. Danone, which had operated successfully in Russia for over 30 years, completed its Russian business sale to Vamin R LLC of Tatarstan

Russia’s ‘New’ Danone Significantly Increases Production After Russian Takeover, Targets Middle East Read More »

Russia-Turkmenistan-Flags

Russia, Turkmenistan Trade Up 58% In 2025

Commonwealth of Independent States, Exports, Imports, Infrastructure, Trade

Turkmenistan’s Deputy Prime Minister Khojamyrat Geldimyradov has stated during the Russian National Day celebrations (June 12) at the Russian embassy in Ashgabat, that Russia is a key trade partner of Turkmenistan with 2024 bilateral trade exceeding US$1.6 billion. He said that bilateral trade grew 58% between January and May this year alone. If maintained, that

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Exports

German Economic Institute: “Russia’s Exports Have Grown Considerably”

China, Economy, Exports, India, Russian Market, Trade

The German Economic Institute has reported that Russia’s exports have grown considerably compared to figures recorded prior to the Ukraine conflict and despite sweeping Western sanctions. In a report published on Friday (June 13), the institute stated that “despite all European efforts, Moscow is ‘skilfully exploiting the loopholes in the sanctions regime to expand its financial resources.’”

German Economic Institute: “Russia’s Exports Have Grown Considerably” Read More »

Isreal Iran

Russia’s Current Relations and Trade With Iran and Israel

BRICS, Eurasian Economic Union, Middle East, Security, Shanghai Cooperation Organisation, Trade

Russian President Vladimir Putin has held discussions with both Israeli Prime Minister Benjamin Netanyahu and the Iranian President Masoud Pezeshkian in the wake of this weekend’s attacks by Israel on Iran and the subsequent Iranian retaliation. It is believed he is the only world leader still able to discuss – and potentially mediate – between

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China

Russia, China Bilateral Trade Declines By 8% In 5M 2025: Analysis & Opinion  

China, Economy, Exports, Imports, Trade

Bilateral trade between China and Russia continues to decline, with Russian exports of hydrocarbons decreasing both in physical and monetary terms, according to the latest data from the General Administration of Customs of the People’s Republic of China. In the first five months of this year, the volume of trade between Russia and China decreased

Russia, China Bilateral Trade Declines By 8% In 5M 2025: Analysis & Opinion   Read More »

Supply Chains

Russia, Central & Northeast Asia’s New Supply Chain Routes: Updates

Asia, China, Commonwealth of Independent States, Eurasian Economic Union, Infrastructure, Shanghai Cooperation Organisation, Trade

While Russia, under increasing sanctions, is looking for new logistical supply chains, strengthening cooperation with North Korea, and planning new international routes, the Central Asian countries continue to seize the moment to build as many transport corridors as possible through their territories, consolidating their place not only in the regional but also in the global

Russia, Central & Northeast Asia’s New Supply Chain Routes: Updates Read More »

BRICS Vietnam

Vietnam Becomes A BRICS Partner Country

Asia, BRICS, Exports, Imports, Trade

The Brazilian Foreign Ministry has confirmed that Vietnam has become a BRICS partner country, saying, “The Brazilian government announces Vietnam’s official accession as a partner country.” Brazil is the 2025 Chair of the BRICS group. According to the ministry, Vietnam has become the association’s 10th partner, and stated that the country “shares with BRICS members a commitment

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