Latest updates, insights, and analysis.
The collective BRICS economies are displaying a positive Purchasing Manufacturers Index (PMI) growth rate of 51.5 points for March 2025 against a comparative negative collective PMI for the Eurozone, at 48.7 points. The PMI is an economic gauge used to measure industrial manufacturing output, and is based upon purchasing managers orders on a global basis. […]
The first Russian exporter has received approval to send dairy products to Malaysia. The approved company is Valuyskoye OJSC Moloko from the Belgorod region, the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) has stated. Rosselkhoznadzor said that “The company’s access to the Malaysian market was preceded by the alignment of veterinary requirements and […]
Russia exported chocolate products worth nearly US$850 million in 2024, up 8% compared to the previous year, according to the Russian Agroexport centre. This is the second-highest record since 2021, when exports amounted to US$872 million, and indicates supply chains have been rebuilt following Western sanctions. Russian chocolate was supplied to 90 countries last year, […]
Update: March 26 Both Russia, the United States and Ukraine have made announcements concerning a Black Sea agreement, which confirm our evaluations below – the primary issue is the resumption of the Black Sea Grain Initiative, which in order to progress must involve a ceasefire in order to allow Russian and Ukrainian shipping access to […]
A new transport and logistics centre to service freight transport between Russia and China is to be launched in Russia’s Far Eastern Khabarovsk, according to the Russian Corporation for the Development of the Far East and the Arctic. This includes a vehicle checkpoint on the border with China on the Bolshoy Ussuriysky Island on the […]
Indian imports of Russian crude oil have rebounded significantly in March, with lower prices making it more economical for Indian refiners, according to India’s Financial Express media yesterday (March 24). The cheaper prices have also led to an increase in the availability of non-sanctioned tankers, making it easier for Indian companies to transport oil. As […]
In this unique guide, we showcase Russia’s diplomatic, trade and investment ties with a region where Russia’s influence is undoubtedly growing, and include Mexico as well as the Central American countries of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Russia’s involvement in Central America has been somewhat restricted due to distance, the […]
The Russian Ambassador to Mexico, Nikolay Sofinsky, has given an interview to TV BRICS concerning Russia’s current relations with Mexico. This included subjects such as bilateral development and trade details, BRICS, cultural exchanges and the potential for other Russian-Latin American trade. TV BRICS questions are prefixed as such, Nikolay Sofinsky’s responses are prefixed NS. Our […]
Venezuela has been working hard to join BRICS as a full member, with Caracas well aware of the growing role of the group on the world stage and attaching great importance to Venezuela-BRICS cooperation. However, significant political and diplomatic barriers need to be overcome by Caracas if it is to succeed. Most of this lies […]
Russian freight traffic to China via the Russian Railways network continues to grow, according to Sergey Pavlov, the first deputy head of Russian Railways. He was speaking at the TransRussia conference last Friday (March 21) in Moscow. According to Pavlov, in January-February 2025, more than 30 million tonnes of cargo were transported via Russian Railways […]
Russian exporters can now receive subsidies of up to 50% to compensate for transportation costs when exporting their products to friendly countries, according to Dmitry Kuskov, Director of the Department of International Cooperation and Licensing for Foreign Trade of the Russian Ministry of Industry and Trade. Kuskov announced this at the plenary session of the […]
Russia and Qatar are negotiating a draft intergovernmental memorandum on cooperation in transport and transit, the Russian Ministry of Transport has stated. It is another example of Russia’s own version of the Belt & Road Initiative. The two countries have been holding their fifth meeting of the joint Russian-Qatari commission on trade, economic and technical […]
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