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Russia-India Eastern Maritime Corridor To Be Enhanced

BRICS, India, Infrastructure, Logistics & Transport

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 […]

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Pakistan Develops Strategic Rail Map For Connection To Russia 

Infrastructure, Shanghai Cooperation Organisation, Trade

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,

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

Economy, Infrastructure, Investment

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

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Russian Foreign Minister Attends ASEAN Ministerial Meetings 

BRICS, Eurasian Economic Union, Trade

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:

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Russia To Permit Foreign Bank Branches & Cryptocurrency Settlements

Economy, Finance, Trade

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

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De-Dollarizing Via mBridge – How Close Are We?

BRICS, Economy, Finance, Trade

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

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Russia – Libya Bilateral 2024 Relations: Update

Africa, Energy, Trade

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

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