Latest updates, insights, and analysis.
The board of governors of the BRICS New Development Bank (NDB) has given its consent in principle for Uzbekistan to join the bank, according to Uzbekistan’s presidential press service. Uzbek President Shavkat Mirziyoyev and BRICS New Development Bank Governor Dilma Rousseff have discussed developing collaboration and the prospects for Uzbekistan to join the NDB. Uzbekistan’s […]
A river freight route connecting the city of Tongjiang in northeastern China’s Heilongjiang Province with Russia’s Khabarovsk was launched this week, according to the Chinese Xinhua News Agency. Two barges powered by the Longtui-610 tugboat left the Tongjiang River port and sailed to Khabarovsk along the Sungari (Songhuajian) and Amur (Heilongjiang) rivers, which marks the […]
The Russian Foreign Minister Sergey Lavrov has met with Oleg Bartsits, the Foreign Minister of the Republic of Abkhazia, in Moscow to discuss bilateral plans and continued development efforts in the South Caucasus region. The meeting was the first since Bartsits’ appointment in April. He had previously been a trade representative for Abkhazia in Moscow. […]
Russians relying on cryptocurrency transactions will need to change their usage to comply with new Russian Central Bank regulations implementing new rules for foreign digital rights (FDR). These regulations, which came into effect on May 26, prohibit individuals from acquiring USDT and other unfriendly US dollar-aligned stablecoins. The alternatives would appear to be gold-backed such […]
Russia exported over US$150 million worth of food products to Vietnam in January-May, up 27% compared to the same period of 2024, according to the Russian Agroexport federal centre. The key commodity in these shipments was pork, with export values amounting to US$107 million—nearly double the figure for January–May 2024. Frozen pork accounted for 77.6% […]
The Minsk Tractor Works (MTW) of Belarus plans to invest ₽1.6 billion (US$20.3 million) to develop an agricultural machinery assembly production in Krasnodar, according to Veniamin Kondratyev, the Krasnodar Governor. He stated that “Two years ago, the large-unit assembly of two Minsk Tractor Works models began in Starominskaya, with prospects for expanding production. Now, Krasnodar […]
Russia’s non-resource, non-energy exports are adapting to new conditions and strengthening their positions in the eastern and southern markets, with the ‘Made in Russia’ brand helping to increase Russia’s foreign trade balance by almost 8% last year. Exports to Africa and Asia in particular are continuing to grow. The state is supporting Russian exporters, helping […]
Russia has proposed that India expand its own domestic involvement in the production and procurement of the Su-57E fighter jet to permit more in-depth technical cooperation within the framework of joint production and purchase of the aircraft. This specifically means the possibility of the Su-57E’s full use of Indian weapons systems. That is not implemented […]
Russia’s oceanographic research vessel, the Admiral Vladimirsky, is currently making a scheduled visit to Cuba, its fourth long-distance voyage in the post-Soviet period. The ship left Kronstadt (near St.Petersburg) on March 13 and has already visited ports in Venezuela and Nicaragua. The ship is conducting research in the Caribbean Sea, based upon requests from the […]
Russian First Deputy Prime Minister Denis Manturov has said that building up Russia’s national satellite constellation will make it possible to cover the whole of the country’s territory, including the Arctic, with stable communication channels by 2030. Speaking at a meeting of the Council on Strategic Development and National Projects on Friday (June 6) he […]
Iran’s Ambassador to Russia, Kazem Jalali, and Russia’s Roscosmos CEO Dmitry Bakanov discussed the joint production of satellites at a meeting on Friday (June 6) Iran’s embassy has stated. The embassy said “The two sides exchanged views and discussed the several aspects of space cooperation between Russia and Iran: development of advanced technologies, joint design […]
The Chinese credit ratings agency CCXI has assigned a credit rating to Russia, the first sovereign status rating given to the country since 2022. The credit rating is BBB+g, with a stable outlook. This implies that Russia is a reliable borrower and is capable of fulfilling its debt obligations. The China ratings come after the […]
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