The Russian President Vladimir Putin has been speaking at the Russian Energy Week forum in Moscow, and stated as part of his speech that the BRICS member nations are jointly developing a payment and settlement framework to be used for trading within the group. Putin stressed that supplies of Russian oil and gas to ‘friendly’ […]
The humble lentil has entered the products Russia will now export to India, as India’s Ministry of Agriculture and Farmers Welfare has said Russian lentils have passed the required quarantine phytosanitary requirements and has obtained the right to supply lentils to India on a regular basis. Trial shipments began in 2022. Data from the Argus-Fito
Russia’s Elginskoye coal deposits are one of the world’s biggest coking coal deposits, with JORC-compliant reserves of about 2.2 billion tonnes. Located in Yakutia, the Elga coal company, which operates the mine, is also building a private, ‘Pacific Railway’ which will start operations in 2025, according to Russian President Vladimir Putin. He was speaking at
Russia To Start Exporting World’s Biggest Coking Coal Deposits To East Asia From 2025 Read More »
Despite the European Baltic Sea nations closing their operations to Russian shipping – at some cost to their throughput – Russia has been expanding its Baltic Port capacities to meet new markets in Africa and Latin America. This goes hand in hand with Russian plans to boost agricultural exports by 50% by 2030. Russia is
The Russian President, Vladimir Putin, has been holding discussions with the President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, in Moscow. Equatorial Guineas currently holds the Presidency of the Economic Community of Central African States (ECCAS). The Kremlin said the agenda for the talks “includes prospects for the further development of Russian-Equatoguinean relations in various areas
Russia, Equatorial Guinea Hold Trade Development Talks Read More »
Russia is set to gain access to a key strategic naval port in the West African Atlantic Ocean through a bilateral cooperation agreement with the island nation of Sao Tome and Principe, located off mainland Nigeria, Cameroon and Gabon. A bill on the issue has been approved by a Russian government commission on legislative activity.
Russia Plans Maritime Cooperation With Sao Tome & Principe On The West African Coast Read More »
The Prime Minister of Burkina Faso, Apollinaire Joachim Kyelem de Tambela has expressed an interest in joining BRICS. In a meeting with Russian Ambassador Igor Martynov in Ouagadougou on Monday (September 24), he said that “Membership of the BRICS group would make it possible to challenge the domination of the dollar and the euro, and
The out-going US President, Joe Biden, gave a speech to the United Nations General Assembly yesterday (September 24) in which he stated that “The good news is Putin’s war has failed at his core aim” and then went on to list achievements, mainly as regards the expansion of NATO and the fact that Ukraine remains a
Has Putin’s “War In Ukraine” Really Failed – As Biden Suggested To The UN? Read More »
Money Can’t Buy Me Love, but Diamonds Are Forever Russia has imported a significant quantity of diamonds from China for the first time, with 35,000 carats of the gems, worth more than US$12 million, imported last month, based on Chinese customs data. Both countries had stated that barter could be used to settle trade transactions
Russia Imports Chinese Diamonds To Beat Financial Sanctions Read More »
The Moscow Stock Exchange (MOEX) has begun trading in cocoa futures contracts, with trading and settlements conducted in Russian Rubles. The cocoa trade desk began operating yesterday (September 24) and reflects an international demand for the product, reflecting the dynamics of the price of cocoa beans supplied from countries in Africa, Asia, and Central and
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