News

Head Of Russia’s Sovereign Wealth Fund Suggests Joint US-Russia Mission To Mars

Kirill Dmitriev, the head of Russia’s sovereign wealth fund, has pitched a US-Russia partnership for Mars exploration to Elon Musk. Dmitriev has taken on the role of chief economic envoy in the US-Russia talks. Dmitriev’s remarks came in response to Musk’s announcement of a planned 2026 Mars mission. The SpaceX founder stated that the company’s […]

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Russia, China & Iran To Cooperate More In BRICS, Shanghai Cooperation Organisation Amidst Nuclear Talks

BRICS, Middle East, Security, Shanghai Cooperation Organisation, Trade

China, Russia and Iran have agreed to boost coordination within the BRICS and the Shanghai Cooperation Organization (SCO), the three countries’ diplomats said in a statement following a meeting in Beijing to discuss Iran’s nuclear issues. China’s Deputy Foreign Minister Ma Zhaoxu stated that “The parties agreed to support and strengthen coordination on multilateral platforms

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Russia Sets Up Supply Chain Reach To Laos

Asia, BRICS, Exports, Imports, Infrastructure, Logistics & Transport, Shanghai Cooperation Organisation, Trade

Russia’s FESCO transport company is launching intermodal container transport to landlocked Laos in southeast Asia, via the Vietnamese port of Da Nang as part of its efforts to expand logistics operations into the region. The transit time for deliveries between Russia and Laos via Vladivostok and Da Nang is about 35 days. Loading and dispatch

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Russia House To Be Set Up In Ghana: Current President An Alumni

Africa, Investment, Trade

Natalia Krasovskaya, the executive director of the Russian Centre for Public Diplomacy, has announced that Moscow is preparing to open a Russia House cultural and education centre in Accra, Ghana’s capital city. Ghana is the first English-speaking African country to join the Russian House partnership list. On Monday, 10 March, Krasovskaya said that an

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Putin Discusses OPEC Production With Saudi Crown Prince

Energy, Middle East, Regulatory, Trade

The Russian President Vladimir Putin held discussions with the Saudi Crown Prince Mohamed bin Salman Al Saud on Thursday (March 13) following the US bilateral talks with Ukraine which the Prince hosted. In addition to no doubt discussing the content of the talks, the two also discussed collaboration within the OPEC+ platform, which regulates oil

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Prospects For The “Greater Eurasian Partnership”: Analysis

Africa, China, Commonwealth of Independent States, Eurasian Economic Union, India, Security, Trade

The Russian Foreign Minister, Sergey Lavrov, has stated that “Eurasia needs a continent-wide structure akin to the African Union or the Community of Latin American and Caribbean States (CELAC)” in interviews this week. Bearing in mind that Western Europe already has the European Union and the Organisation for Security & Defence in Europe (OSCD), his

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VTB Launches QR Payment System In Turkiye, Bypasses SWIFT

Economy, Finance, Infrastructure, Middle East, Trade

Russia’s VTB bank has launched a QR code payment system for purchases in Turkiye, with the system coming operational from March 12. About 7 million Russians visit Turkiye every year, either on holiday or in transit elsewhere. Western sanctions have restricted the use of Russian Mir cards in Turkey – The US Treasury Department’s Office

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Russia, Indonesia Agricultural Trade Up 41.4% In 2024

Agriculture, Asia, BRICS, Eurasian Economic Union, Exports, Imports, Trade

Russia and Indonesia grew their trade turnover of agricultural products to nearly US$1.5 billion in 2024, up 41.4% compared to the previous year, according to Russia’s Agroexport centre. This included approximately 1.4 million tonnes of agricultural goods. The main commodity items in the value structure of Indonesian imports from Russia in 2024 were wheat (92.3%),

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Hong Kong Developing Alternative Clearing House After Euroclear’s Distribution Of Russian Assets

China, Economy, Finance, Trade

Hong Kong’s Exchanges and Clearing house, which runs the Hong Kong stock market, said last week that it was working with the Hong Kong monetary authority to develop an Asian international settlement house intended to rival Belgium’s Euroclear and Luxembourg’s Clearstream. The move comes as a bid to lessen dependence on western financial infrastructure, and

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Russian Tourists and Digital Nomads Favouring Vietnam

Asia, Exports, Logistics & Transport, Trade

The Vietnamese Ambassador to Russia, Dang Minh Khoi has stated that more than 80,000 Russian tourists have visited Vietnam between January 1 and March 10, with a total of 400,000 to 500,000 Russian tourist arrivals expected over the full year. Dang said that over 250,000 Russian tourists visited Vietnam in 2024, as tourist arrivals started

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