News

Latest updates, insights, and analysis.

July 15, 2024

The Evolution, Difficulties & Opportunities Of Creating A BRICS Currency

Discussions concerning the development of a new, potential BRICS currency have been on-going for some time, yet have intensified in recent months due to several Heads of States meetings taking place that have actively discussed and committed research into the issue. A trend is emerging in the modern geopolitical landscape: large international associations such as […]

July 13, 2024

Russia Developing Port Elga On The Pacific Ocean

Will provide APAC steelmakers with coal from the world’s largest deposits Dmitry Demeshin, the acting governor of Khabarovsk has said that financing for the construction of the Elga port in the region has nearly reached its ₽150 billion (US$1.7 billion) target. The port is mainly intended for the export of coal from the Elginsky deposit […]

July 12, 2024

Russia – Senegal Bilateral Trade & ECOWAS Developments

Russia’s Deputy Foreign Minister Mikhail Bogdanov has been holding talks with the Senegalese President, Bassirou Diomaye Faye in Dakar. The sides discussed joint projects in energy, mining and processing of minerals, the Russian Foreign Ministry has stated, adding “The issues of increasing trade and economic and investment partnership volumes, improving the contractual and legal framework, […]

July 11, 2024

Russia, Shanghai Cooperation Organisation Trade Hits US$330 Billion

Anton Alikhanov, the Russian Industry and Trade Minister, has stated that mutual trade between Russia and the members of the Shanghai Cooperation Organization (SCO) surged by 25% in 2023, reaching US$333 billion. The SCO completed their annual Heads of State meetings in Astana last week. This means that Russia’s trade with the SCO equates to […]

July 11, 2024

Russia, Kyrgyzstan Looking To Increase Bilateral Trade By 70%

Akylbek Japarov, the Kyrgyzstan Prime Minister, has said that Kyrgyzstan and Russia intend to increase mutual trade by 70% to reach US$5 billion a year in the medium term. Japarov stated that “There is good potential for this. Last year, our trade was US$3 billion, and in four months of this year trade it has […]

July 10, 2024

Russia, India Set Target To Boost Bilateral Trade To US$100 Billion

The Russian President, Vladimir Putin and India Prime Minister Narendra Modi have agreed to boost their bilateral trade to US$100 billion by 2030. Putin has been meeting with Modi for bilateral talks in Moscow, during which they discussed a wide range of issues. The two sides agreed on a plan of strategic cooperation until 2030. […]

July 10, 2024

Russia, Uzbekistan Look To Triple Bilateral Trade By 2030

Laziz Kudratov, Uzbekistan’s Investment, Industry and Trade Minister, has stated that Uzbekistan and Russia have every chance of increasing bilateral trade to US$30 billion by 2030, speaking at the Uzbek-Russia working group for increasing bilateral trade being held in Moscow. Kudratov pointed to the major expansion of the structure of goods and the increasing share […]

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