Trade

China Vietnam Banknotes

Chinese and Vietnamese Banks Interested In Opening Branches In Russia

China, Finance, Trade

Chinese and Vietnamese banks are interested in expanding into and opening branches in Russia, according to Anatoly Aksakov, the Chairman of the State Duma’s Financial Market Committee. Aksakov is also the head of the Association of Banks of Russia’s council. He said “Several credit organizations from China, not the top tier or largest ones, are

Chinese and Vietnamese Banks Interested In Opening Branches In Russia Read More »

Russia’s Unusual, British, Slippery, and Fishy Bilateral Eel Trade

Agriculture, Imports, Investment, Miscellaneous, Trade

Russia has been buying millions of eels from the UK’s only eel supplier, according to a report in the Guardian newspaper. It is a bilateral trade that raises almost as many questions as the surprising nature of the trade itself. The European eel (Anguilla anguilla) is a protected, red-listed species, with the number of elvers

Russia’s Unusual, British, Slippery, and Fishy Bilateral Eel Trade Read More »

BRICS-Guterres

UN Secretary-General To Attend BRICS Summit As A Powerful Multipolar Group Emerges

Africa, BRICS, China, Economy, India, Infrastructure, Trade

The Secretary-General of the United Nations (UN), Antonio Guterres, is to attend the 2024 BRICS Heads of State summit, which kicks off today (October 22) in Kazan, Russia. The UN is an official observer to the group, however Guterres personal participation sends a strong signal that the BRICS is very much now part of what

UN Secretary-General To Attend BRICS Summit As A Powerful Multipolar Group Emerges Read More »

Turkiye-Russian Flag

Russia Wants To Set Up Transport and Logistics Hubs In Turkiye’s Azov and Black Sea Regions

BRICS, Infrastructure, Logistics & Transport, Trade

Yevgeny Pakhomov, Russia’s deputy director of the international cooperation and foreign trade licensing department at the Ministry of Industry and Trade has said that Russia is interested in creating industrial “points of presence” in Turkey to develop exports and cooperation. He said “We don’t regard points as just manufacturing facilities themselves, but also the creation

Russia Wants To Set Up Transport and Logistics Hubs In Turkiye’s Azov and Black Sea Regions Read More »

Russia Proposes Intra-BRICS Grain Trading Platform

Agriculture, BRICS, Finance, Trade

Russia is suggesting to fellow BRICS countries that the organisation establishes a grain exchange system, a proposal that would give Moscow greater control over international prices for its agricultural exports. Frustrated by low global wheat prices, Russia, the world’s largest wheat exporter, has attempted to limit exports at low prices through international intermediaries. Moscow recommended

Russia Proposes Intra-BRICS Grain Trading Platform Read More »

Scroll to Top