Latest updates, insights, and analysis.
The Ulyanosk regional government has said that negotiations are currently underway to launch a regular block train service from Ulyanovsk-Baku-Astara to deliver goods to Iran and other Gulf countries. Agreements have been made with both domestic and foreign companies and signed with individual logistics partners. The implementation of the project will contribute not only to […]
India’s Cadila Pharmaceuticals, one of the countries largest, together with the Russian Direct Investment Fund (RDIF) have agreed to jointly finance a new manufacturing facility in Russia, with a total investment of ₽10 billion (US$113 million). The agreement comes after numerous Western pharmaceutical companies withdrew from Russia under their governments pressure. Russia’s civilian pharmaceutical needs […]
New survey suggests Russian businesses are mainly bullish and sanctions are being overcome A new report by Yakov & Partners (previously McKinsey Russia) has stated that Russian businesses have successfully adapted to operating under Western sanctions, with 50% of Russian entrepreneurs noting an improvement in their business over the past six months. Looking ahead, 87% […]
The St. Petersburg International Commodity and Raw Materials Exchange (SPIMEX) will create a new, common EAEU commodity exchange market and then intends to integrate this to include commodities trading within the BRICS, according to SPIMEX President Igor Artemyev, speaking on the sidelines of the St. Petersburg International Economic Forum (SPIEF). Artemyev stated that “A large […]
Russian Foreign Minister Sergei Lavrov has been on a four-country tour on Africa this past few days, visiting Guinea, The Republic of Congo, Burkina Faso and Chad. Russia has also announced it is to open Embassies in Sierra Leone, Niger and South Sudan. We covered Lavrov’s visit and discussed Russia’s trade with each of these […]
The Russian President, Vladimir Putin is set to hold talks with the Bolivian President, Luis Arce on Thursday (June 6) in St. Petersburg. This will be the first direct meeting between the two. They will discuss various issues of further development of bilateral cooperation in all areas, including the economy, and foreign policy. The Kremlin […]
Russian President Vladimir Putin is set to hold discussions with Dilma Rousseff, the President of the New Development Bank (NDB) at the Konstantinovsky Palace in St. Petersburg on Thursday (June 6). The NDB is the multi-lateral financing vehicle for the BRICS group. While Russia is a major shareholder, it has not been able to participate […]
Russian President Vladimir Putin will meet with his Zimbabwean counterpart Emmerson Mnangagwa on Thursday (June 6) in St. Petersburg. The meeting will include one-on-one talks, followed by talks with an expanded circle of delegates. The Russian side will be represented by top diplomat Sergey Lavrov, Natural Resources and Environment Minister Alexander Kozlov, and Economic Development […]
Sergey Lavrov, the Russian Foreign Minister, has been in discussions with Captain Ibrahim Traore, the Burkina Faso leader who took power in the country following a 2022 military coup. Meetings took place in the Burkina Faso capital Ouagadougou late on Tuesday (June 4). Diplomatic relations were established between the two countries in 1967, but Russia […]
Turkiye is to discuss BRICS membership next week. We detail Turkiye’s trade with the bloc. October 25 Update: Turkiye has now been granted ‘BRICS Partner’ status. See more here. Over the past two years, Turkiye’s trade figures with most of the eleven BRICS members have shown significant growth. Now, Turkish Foreign Minister Hakan Fidan has […]
The Russian Foreign Minister, Sergey Lavrov is expected in Chad this week as part of a 2024 African diplomatic tour. Lavrov is scheduled to meet with Mahamat Idriss Deby, the new President, who was sworn in on May 23 following his victory in the May 6 elections. This moment marked the country’s formal return to […]
The Russian Foreign Minister Sergey Lavrov has arrived in the Republic of Congo, where he will hold meetings with Sassou Nguessou, the President along with other leaders. Discussions are being held in Oyo city. This year marks the 60th anniversary since the establishment of diplomatic relations between Russia and the Republic of Congo, while Nguessou […]
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