Trade

Putin and Modi

How India’s Vostro Bank Account Scheme Can Assist With Russia’s Rupee Trade Settlements Problem

BRICS, Economy, Finance, India, Trade

Indian Prime Minister Narendra Modi has been in Moscow holding talks with Russian President Vladimir Putin, in discussions likely to have far-reaching, positive consequences for Russia-India bilateral trade as well as the BRICS group. There are however, technical problems to solve. A major stumbling block is that India buys far more from Russia than vice […]

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Russia’s Bilateral Trade With Pakistan Increasing

Shanghai Cooperation Organisation, Trade

Islamabad proposes trade barter system to overcome financial difficulties  Russian President Vladimir Putin has met with Pakistani Prime Minister Shehbaz Sharif on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Kazakhstan’s Astana. Trade between Russia and Pakistan is growing, and Russia is willing to increase supplies of energy and agricultural produce to Islamabad,

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Russia – Kazakhstan Bilateral Trade Reaches US$30 Billion  

Eurasian Economic Union, Infrastructure, Shanghai Cooperation Organisation, Trade

Russia – Kazakhstan bilateral trade is growing steadily, and has already reached almost US$30 billion, Russian President Vladimir Putin said during meetings with Kazakh President Kassym-Jomart Tokayev at the Shanghai Cooperation Organisation Heads of State summit held in Astana. Russia remains one of the main trade and economic partners for Kazakhstan, Putin said, adding “We

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Azerbaijan States Intention To Join BRICS

BRICS, Commonwealth of Independent States, Shanghai Cooperation Organisation, Trade

The Pro-Russia BRICS bloc has soft power control over the Caspian and Red Sea supply chains  Azerbaijan, which has been attending the annual Heads of State meetings of the Shanghai Cooperation Organisation (SCO) in Astana has expressed interest in joining the BRICS grouping.  The BRICS includes Brazil, Russia, India, China and South Africa, while Egypt,

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Russia, Turkiye Plan To Increase Bilateral Trade To US$100 Billion

BRICS, Shanghai Cooperation Organisation, Trade

The Russian President Vladimir Putin has met with Turkish President Recep Erdogan in Astana on the sidelines of the Shanghai Cooperation Organisation annual Heads of State meetings, with both sides also engaging in trade development talks. Current bilateral trade is running at about US$55 billion, with Alexei Yerkov, the Russian Ambassador to Turkiye, also present

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SCO flag Shanghai

Shanghai Cooperation Organisation Heads Of State Meetings Begin In Astana

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

Putin, Xi, Modi and other regional leaders are all attending The annual Heads of State meetings of the member countries of the Shanghai Cooperation Organisation (SCO) has begun in Astana, Kazakhstan. The SCO has different categories of membership, with full members being China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia Tajikistan and Uzbekistan. Three countries —

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As The World Looks At US Trade and Dollar Alternatives, What Are The Options?

Economy, Finance, Trade

The role of national currencies in global trade is changing, as countries look at ways of at least partial minimisation of exposure to the US dollar. We discuss the evolutionary trends.    Two main global financial evolutionary events are happening at the same time: the first is changes to the role of the US dollar,

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