News

Latest updates, insights, and analysis.

June 22, 2025

Russia Proposes Floating Nuclear Power Plant for Indonesia

Russia’s Rosatom state nuclear energy corporation is discussing the possibility of constructing nuclear power plants with Indonesia, proposing to build a floating nuclear power plant at the first stage and a high-power nuclear power plant at the second stage, according to Rosatom Deputy CEO Andrei Nikipelov. According to Nikipelov, taking into account Indonesia’s geographical location as an island archipelago, […]

June 22, 2025

Russia and Myanmar Sign Bilateral Investment Treaty

Russia and Myanmar have concluded a Bilateral Investment Treaty (BIT) that assists their respective investors with legally binding agreements on mutual protection of investments. BIT can also provide some tax benefits. The document was signed on Friday at the 2025 St. Petersburg International Economic Forum (SPIEF 2025) by Russian Economic Development Minister Maxim Reshetnikov and […]

June 22, 2025

Russia and China Strike New Far Eastern Gas Agreements

Russia’s Gazprom has signed new agreements with its Chinese partners to construct and operate the cross-border section of the Far Eastern gas export route to China. The “Agreement on Design, Construction, and Commissioning of Section 2 Commissioning” and the “Operational Agreement” were signed with China National Petroleum Corporation (CNPC) and PipeChina. These govern the cooperation between […]

June 22, 2025

FESCO Launches Russia – South Africa Shipping Routes

Russia’s FESCO transport group has launched a container transport service between Russia and the port of Durban in South Africa, according to German Maslov, vice president of FESCO’s line and logistics division. For exports to South Africa, FESCO organizes shipments from Novorossiysk and St. Petersburg via its own ships to India’s Nhava Sheva port (Mumbai), […]

June 21, 2025

Russia Eyes Mexico as an LNG Export Market

Russia’s Energy Minister, Sergei Tsivilev, has said that Russia is ready to supply liquefied natural gas (LNG) to Mexico, as well as share its production technologies with the country. He stated that “We have great technologies in the area of liquefied natural gas. We are ready to share these technologies. We are also ready to […]

June 21, 2025

Russia, Bahrain to Create Middle East Grain Distribution Hub

Russia and Bahrain are creating a hub for Russian wheat shipments, Russian President Vladimir Putin said at the St. Petersburg International Economic Forum on Friday (June 20). He stated that “Together with our friends from Bahrain, we are going to create a whole hub for shipping wheat from Russia. Many Arabic countries are interested in […]

June 21, 2025

International Commodity & Futures Exchange Combining Russia, Kazakhstan, Uzbekistan, India, Iran & China Launched

Multiple Eurasian commodity and futures exchanges have signed a declaration on establishing the International Association of Commodity and Futures Exchanges. This new association is intended to become a platform for interaction among commodity and futures exchanges from EAEU+, SCO, and BRICS+ countries. This will enable coordinated policies for developing organized commodity markets. Participants include the […]

June 21, 2025

Wildberries & Russ Eying the African Consumer Market

Wildberries & Russ, Russia’s version of Amazon, is preparing to enter Africa, according to CEO Robert Mirzoyan. He was speaking at the St. Petersburg International Economic Forum (SPIEF) and said, “For us, the main priorities now are to strengthen our positions in the countries where we already operate and to launch in the countries of […]

June 21, 2025

Russia To Increase Fertilizer Exports To Africa Fivefold

Uralchem, one of Russia’s largest fertilizer producers, has announced plans to significantly expand its exports to Africa from 1 million to 5 million tons by 2030. This was announced by the company’s CEO Dmitry Konyayev during the Russia-Africa session at the St. Petersburg International Economic Forum. Dmitry Konyayev emphasized that the key task for Russian […]

June 20, 2025

Russia and South Africa Look to Double Bilateral Trade

The Russian Prime Minister Mikhail Mishustin met with South African Vice President Paul Mashatile in Moscow on Wednesday (June 18) with a push to double trade turnover between the two BRICS nations. The two officials discussed deepening bilateral cooperation across a range of sectors, including energy and agriculture. Mashatile said, “Our markets are open to […]

June 20, 2025

Russia and Uganda Discuss Bilateral Trade & Investment

The Russian Foreign Minister Sergey Lavrov has met with his Ugandan counterpart, Jeje Odongo, in Moscow. Lavrov stated, “We welcome Uganda as a BRICS partner country, and look forward to active cooperation with our Ugandan friends in this new format.” Uganda became a BRICS partner in January this year. Lavrov and Odongo discussed a broad range of […]

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