SCO & BRICS latest news and insights
In 2024, for the first time,a large number of African and Asian countries accounted for over 74% of Russia's agricultural exports. Industry analysts see very positive prospects for the development of these markets in the future as their populations grow. While the limited availability of European ma...
The European stance towards Russia has historically been somewhat inconsistent. On the one hand, Russia has been perceived as a potential threat to Europe, regardless of the political system in place be Czarist authorritarianis,Soviet Communism or the current democratic rule of Vladimir Putin.Its wo...
By Rhod Mackenzie
Moscow plans to build transport and logistics centres, industrial parks and other infrastructure in Africa, Southeast Asia and Latin America. In this way, Russia will begin to redirect its non-resource, non-energy exports to new markets, Izvestiya learned. The government intends...
According to data from the Central Bank, the share of ruble settlements with Africa increased from 21.9% in 2022 to 48.1%
in 2024.
Additionally, there was a significant increase in the volume of ruble settlements with American countries, rising from 22.7% to 35.1%.
The share of the Russian curren...
By Rhod Mackenzie
On March 6, Russian Foreign Minister Sergei Lavrov announced that Russia considers Nigeria a priority partner in Africa.
...By Wang Jinyan
Since the founding of the China-Arab States Cooperation Forum, a dialogue initiative jointly set up by China and the League of Arab States in 2004, China-Arab relations have been scaling new heights.
As important players of the Global South, China and the Arab States have been str...
