News

Latest updates, insights, and analysis.

July 30, 2024

Malaysia Applies To Join BRICS

Malaysian Prime Minister Anwar Ibrahim has sent an application for BRICS membership to Russia, which is currently holding BRICS presidency, he said, stating that “Malaysia has sent a letter of application to join the BRICS to Russia, expressing openness to participate as a member country or strategic partner.” On Sunday, (July 28) Ibrahim met with […]

July 29, 2024

Russia-India Eastern Maritime Corridor To Be Enhanced

India’s Prime Minister Narendra Modi has stated that New Delhi and Moscow are working on expanding the capabilities of the 10,300-kilometre Chennai-Vladivostok Maritime Corridor connecting Russia’s Far East and Southeastern India. Referring to the concept as a meeting of the ‘Ganges & Volga’, Modi reiterated that the corridor is expected to reduce the time required […]

July 28, 2024

Pakistan Develops Strategic Rail Map For Connection To Russia 

Pakistan has outlined a strategic rail map to engage with Russia and connect the two nations via railway networks and secure trade routes by circumventing the threat of US sanctions. Pakistan’s  Ministry of Foreign Affairs has endorsed this proposal, and revealed that its government was developing a three-pronged strategy including government-to-government (G2G) frameworks and projects, […]

July 27, 2024

Putin Wants Russia’s Largest Companies To Relocate To The East 

Russian President Vladimir Putin has ordered plans to be developed for major state-run companies to relocate their headquarters from Moscow to other parts of the country. The move is aimed at boosting regional budgets, help alleviate labor shortages, and reflect the growing importance of Russian development towards Asia.  De-centralization would also boost the economies of […]

July 26, 2024

Russia Targets Asian Beer Exports

Western brewers market exit actually resulted in a domestic profit boosts for Russia  In good news for thirsty Asians, and bad news for Denmark’s Carlsberg and the Netherlands Heineken, Russia’s Agroexport Center has identified the most promising markets for Russian beer exports and the regions of the country that have the greatest export potential in […]

July 25, 2024

Russian Foreign Minister Attends ASEAN Ministerial Meetings 

Russian Foreign Minister Sergey Lavrov will visit Laos from July 25-27, where he will take part in meetings of top diplomats of the Association of Southeast Asian Nations (ASEAN) and hold a number of bilateral meetings. The meetings in the Laotian capital of Vientiane will be held at the foreign ministerial level in three formats: […]

July 25, 2024

Russia To Permit Foreign Bank Branches & Cryptocurrency Settlements

Changes in Russia’s policy towards allowing Foreign banks to operate in the county are in the pipeline, as growing problems with cross-border payments have forced the government and the Central Bank to agree to open branches of foreign banks in Russia. These have been strictly prohibited in recent decades. Additionally, Russian officials are ready to […]

July 25, 2024

De-Dollarizing Via mBridge – How Close Are We?

In a world where de-dollarization has become the byword for independent sovereignty, there has been a lot of talk about BRICS currency, cross-border settlements in national currencies, and much speculative guesstimating. However, what is the root program that has been developed to enable cross-border settlements to handle transactions in different sovereign national Central Bank Digital […]

July 24, 2024

Russia – Syria 2024 Bilateral Relations: Update

Russia’s Foreign Minister Sergey Lavrov gave a speech concerning the 80th anniversary of diplomatic relations between Russia and Syria on July 19, in Moscow. He outlined the historic relations between the two countries and future developments. We reproduce his comments below: “Russian-Syrian diplomatic relations were established on July 21, 1944 at the height of WWII. […]

July 24, 2024

Russia – Lebanon 2024 Relations: Update

On July 17, Foreign Minister Sergey Lavrov met with Foreign Minister of the Lebanese Republic Abdallah Bou Habib in New York on the sidelines of the UN Security Council meeting. They discussed the situation in the Middle East, including the Palestinian issue, as well as bilateral trade and development ties. During their conversation, the two […]

July 24, 2024

Russia – Libya Bilateral 2024 Relations: Update

Russia’s Foreign Minister Sergey Lavrov met with Taher al-Baour, the Acting Foreign Minister of Libya, in New York on the sidelines of the UN Security Council’s open debate on multilateral cooperation on July 16. During the discussion on the developing situation in Libya, Lavrov underscored Moscow’s  unchanging intent to keep on supporting sustainable stabilisation of […]

July 23, 2024

Russia – Algeria Bilateral Trade Doubles

A Russian State Duma delegation led by its Chairman Vyacheslav Volodin has arrived in Algeria for a working visit, with Volodin having negotiations with Algerian National Assembly President Ibrahim Boughali. Algeria has recently expressed interest in joining the Shanghai Cooperation Organisation as well as the BRICS group. Algeria is the world’s fifth largest gas, and […]

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