SCO & BRICS latest news and insights
By Rhod Mackenzie
One of the key challenges facing the Russian economy is the challenge of comparative lower level of labour productivity in comparison to certain Asan economies. However, Russa has achieved a notable milestone in a specific sector , where this sector has attained an unprecede...
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...
Yesterday, the Russian Deputy Prime Minister Dmitry Patrushev announced that Russia will be able to export up to 60 million tons of grain and will achieve a gross harvest of at least 130 million tons during the forthcoming agricultural year (July 2024 - June 2025). Minister of Agriculture Oksana Lut...
Russia needs to increase its agricultural exports by 1.5 times just to get back to the financial level of 2021 l, of $55 billion, by 2030. This was announced by Russian President Vladimir Putin in his February address to the Federation Council. However, keeping the same approach as now to supply c...
Now everybody knows that Russia is a major oil producer that delivers vast amounts of the black gold that is the lifeblood of the world economy and is used for everything from transportation as petrol or diesel to petrochemicals and plastics plus a variety of other products that include tar for road...
The Russian domestic wine industry is experiencing a period of rapid growth. In recent years, the industry has achieved unprecedented success, representing a new high point in its history. There has been a notable increase in sales. However, despite the government's support, there are still some iss...
