News

Brazil Increases Imports Of Russian Oil Products

Unlike China and India, Brazil does not import crude oil directly from Russia. However, it ranks as the third-largest buyer of Russian refined petroleum products globally—behind Turkiye (26%) and China (13%)—accounting for 12% of such imports. Those imports have also been increasing. According to data from the Helsinki-based Centre for Research on Energy and Clean […]

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President Putin’s Interview With Xinhua: Full Contents & Analysis

BRICS, China, Commonwealth of Independent States, Eurasian Economic Union, Investment, Security, Shanghai Cooperation Organisation, Trade

The Russian President, Vladimir Putin, has given an interview to Xinhua, the Chinese state-owned media group, on the eve of the upcoming Shanghai Cooperation Organisation (SCO) annual heads of state meetings, which begin on Sunday (August 31). In the interview, Putin discusses his relationship with Chinese President Xi Jinping, the historic role of the USSR

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Russian Wines Have Replaced 60% Of European Imported Wines In Russian Markets & Restaurants

Agriculture, Investment, Russian Market, Trade

Consumer interest in Russian wine is rising amid systematic operations to develop the industry and improve product quality, according to the Russian Agriculture Ministry, which stated that “Over 60% of wine on store shelves and in restaurants is now domestically produced, with Russian consumers increasingly choosing Russian wine.” Wine production in Russia is also growing,

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Russia, Turkmenistan Bilateral Relations: August 2025 Update

Central Asia, Infrastructure, Investment, Logistics & Transport, Trade

The Russian Foreign Minister, Sergey Lavrov, has been meeting with the Turkmenistan Foreign Minister, Rashid Meredow, in Moscow, with the two sides set to develop trade and economic cooperation, including in transport, logistics, and energy projects, Lavrov said after the talks. They had previously met in June, in Ashgabat on 25 June and signed a

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Russia and Burkina Faso Discussing Direct Air Connectivity

Africa, Logistics & Transport, Trade

Russia and West Africa’s Burkina Faso are discussing plans to launch direct flights between their respective capitals—Moscow and Ouagadougou—aimed at boosting tourism, according to Aristide Tapsoba, the Burkina Faso Ambassador to Russia. Tapsoba made the comments at Technoprom 2025, the ongoing international forum on technological development, in Novosibirsk. Tapsoba added, “We already have a Russian

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Russia To Invest US$6.2 Billion In Developing Krasnodar Regional Ports In Azov & Black Sea

Infrastructure, Investment, Logistics & Transport, Middle East, Trade

Russia is to invest more than ₽500 billion (US$6.2 billion) in the development of Krasnodar’s port infrastructure by 2030, according to Nikolai Patrushev, the Chairman of Russia’s Maritime Board. He stated that “About 20 projects with a total investment of over ₽500 billion are planned to be implemented in the ports of the Krasnodar Territory

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Russia To Manufacture Cars In Kyrgyzstan

Central Asia, Commonwealth of Independent States, Eurasian Economic Union, Investment, Logistics & Transport

The Central Asia Capital Investment Fund plans to launch an automobile plant in Kyrgyzstan for the assembly of Ladas under the Muras brand in a technological partnership with Avtovaz, the fund has stated. The launch of this facility will reduce Kyrgyzstan’s dependence on imports of used cars, the fund has said. Avtovaz is the parent

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Russia, Belarus Governments Support Creation Of Joint Credit Rating Agency

Finance, Infrastructure, Investment, Russian Market, Trade

The Standing Committee of the Russia-Belarus Union State has supported a proposal to create a credit rating agency, the committee has said. The move is necessary, as Western credit ratings agencies, including Fitch, Moody’s, and S&P, pulled out of these markets in 2022, making it extremely difficult for banks and companies in Russia and Belarus

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Russia’s Whoosh EV Bikes Operator To Expand In Latin America

Exports, Investment, Latin America, Logistics & Transport

PJSC Whoosh Holding, the Russian holding company of the Whoosh electric bike-sharing service, plans to increase its expansion in Latin America, according to the company’s founder and CEO Dmitry Chuiko. Currently, Whoosh operates in two Latin American countries, Brazil and Chile. Chuiko said that “The focus of work in the near future will be directed,

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Russia’s Belt & Road Initiative Completes Digitization of Azerbaijan-Georgia Railway Line

Asia, Caucasus, Infrastructure, Investment, Logistics & Transport

Russian engineers have completed the digitalization of the Baku–Boyuk-Kesik railway line, a key corridor linking Azerbaijan and Georgia. The final stage of the project has involved modernizing the 122-kilometer Ujar–Hajigabul section, which had not been upgraded since 1980. The project was carried out by Natsproyektstroy, a leading Russian infrastructure holding comprised of more than 100

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