SCO & BRICS latest news and insights
Magnitogorsk, in the Ural mountains, was developed as a symbol of Soviet industrial might and its capacity for economic modernization. Today, a new, 75 billion-ruble (roughly $840 million) coking plant in the steel town is being built by a Chinese engineering giant and hundreds of Chinese workers.
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In a move that certainly showcases the unilateral activities of the BRICS bloc, China has announced a massive $3.5 billion investment into an alliance nation. Specifically, the investment is part of a key aspect of building cooperation with the BRICS alliance Brazil.
Reports state that the investm...
The first meeting of BRICS Sherpas and Sous-Sherpas, organised by Russia as the group's chairman, was held in Moscow. Representatives of the five new members of the association: Egypt, Iran, UAE, Saudi Arabia, Ethiopia and Egypt are taking part in it for the first time.
One of the priorities of BR...
By Rhod Mackenzie
The Russian Prime Minister Mikhail Mishustin has called on the EAEU countries to start implementing all the goals and objectives set out in the "Eurasian Economic Path" declaration as soon as possible.
Speaking at an expanded meeting of the Eurasian Intergovernmental Council, M...
By Rhod Mackenzie
The Russian Prime Minister Mikhail Mishustin called on the EAEU countries to carry out the procedures necessary for the entry into force of a free trade agreement with Iran as soon as possible.
"Last year a free trade agreement was signed with Iran. Its implementation will open...
By Rhod Mackenzie
Beijing is the first to accredit a Taliban diplomat as an ambassador. Some high-level rapprochement has taken place before - two years ago, acting Foreign Minister Amir Khan Muttaqi came to the Afghan capital for a meeting with the head of the Chinese Foreign Ministry. Neverthele...
