News

Will Trumps’ New 104% China Import Tariffs Increase China’s BRICS Trade?

BRICS, Economy, Exports, Security, Trade

The US President Donald Trump has raised import tariffs on Chinese goods by an astonishing 104% from today, April 9th. The move comes after China rose its tariffs on US goods by an additional 34% two days ago in response to the original tariffs Trump had placed on Chinese imports by the same amount last […]

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Russia, Iran and China Hold Trilateral Talks About Iran’s Nuclear Programme

China, Middle East, Security, Shanghai Cooperation Organisation

Trilateral talks between representatives of Iran, Russia, and China on the Iranian nuclear program have been taking place in Moscow (April 8). The talks were arranged a day after Iranian Foreign Minister Abbas Araghchi rejected as “meaningless” US President Donald Trump’s proposal for direct negotiations on reviving a nuclear deal. Tehran refuses to engage in

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Russia Developing Agricultural Export Trade With North Korea

Agriculture, Asia, Exports, Trade

Russia expanded its assortment of agricultural exports to North Korea in 2024, with the country relaxing some of its covid-era restrictions. Russia resumed exporting sunflower oil, pork, frozen fish and soybeans to North Korea, with wheat, sugar and sunflower oil immediately becoming the top three agricultural exports to the country. The Russian Agroexport Center has

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Russia Begins UAZ Auto Assembly In Cuba

BRICS, Exports, Investment, Latin America, Trade

The Russian auto manufacturer Sollers has begun the assembly of UAZ vehicles in Cuba, the company has stated. The project has been implemented by Sollers, UAZ distributor Echo-Export LLC, and with the Cuban company EISA. Modern assembly equipment has been installed at a factory located in the industrial zone of the Cuban capital Havana, and

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Russia’s MIR ATM Cards International Use: Update

Economy, Exports, Finance, Infrastructure, Russian Market, Trade

The Bank of Russia Chairwoman, Elvira Nabiullina has stated that Russia’s MIR card is being accepted in more countries, despite Western sanctions. She was speaking to the State Duma, the lower house of the Russian parliament. The main countries that are accepting MIR transactions are in friendly countries where Russian tourists tend to visit. Some

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Russian Agricultural Exports To Cuba Up 20% In 2024

Agriculture, BRICS, Exports, Latin America

Russia’s agricultural exports to Cuba grew by 20.1% in value during 2024, according to Russia’s Deputy Agriculture Minister Maxim Titov and the Cuban Deputy Agriculture Minister Telse Abdel Gonzalez Morera, who have been discussing bilateral agricultural trade. Agricultural trade between the two countries grew by 13.4%, meaning Russia’s exports to Cuba grew more than vice-versa.

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Eurasian Economic Union To Adopt Goods Trade Accounting System

Eurasian Economic Union, Infrastructure, Regulatory, Trade

The Eurasian Economic Commission, the regulatory body overseeing the Eurasian Economic Union (EAEU), has drafted requirements for use of the Authorised Economic Operator (AEO) system. These were determined at the EAEU headquarters, chaired by Alexander Titov, Director of the Department of Customs Legislation and Law Enforcement Practice, and was attended by about 50 representatives of

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Russia’s FESCO Launches New Anhui-Mongolia-Moscow Rail Container Service

Asia, China, Imports, Infrastructure, Logistics & Transport, Trade

Russia’s FESCO Transport Group has launched a new railway container service from China to Moscow in transit through Mongolia. This new route runs from the city of Wuhu, in China’s Anhui Province, (close to Shanghai), which is known for its engineering, automotive, electronics and chemical factories. The train then travels through northern China, and passes

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Russia’s Pivot To Asia: New 2025 Guide To Latin America

BRICS, Energy, Exports, Imports, Infrastructure, Investment, Latin America, Trade

Russia’s Pivot To Asia has just published their 2025 Guide to Latin America, a unique publication that includes details of Russia’s diplomatic, trade and investment engagement with Argentina, Bolivia, Brazil, the Caribbean, Cuba, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay and Venezuela. It is a complimentary download and can be accessed here. Russia’s involvement

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Russia, Barbados Discuss Development Of Bilateral and CARICOM Relations

BRICS, Latin America, Security, Trade

Russian Foreign Minister Sergey Lavrov held discussions with the Prime Minister of Barbados, Mia Amor Mottley, on Friday (April 4), and discussed the possibilities of developing bilateral political dialogue, trade and economic ties. Barbados is the current chair of the Caribbean Community (CARICOM), a trade bloc that also includes Antigua and Barbuda, the Bahamas, Belize,

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