SCO & BRICS latest news and insights
By Rhod Mackenzie
Over the past 23 years, Russian agriculture has made an incredible leap forward. From total devastation in 1999, when Russia was forced to turn to the United States to receive grain on credit, to one of the world's largest exporters.The exports of Russian produce have increased t...
The expanded BRICS, the association of major developing economies, could become a platform for a self-sufficient dollar-free grain market, economists say.
BRICS – which is an acronym for Brazil, Russia, India, China, and South Africa – added net grain importers Egypt, Ethiopia, Iran, Saudi Arabia,...
By Rhod Mackenzie
Russia, under the plan announced earlier this year by Vladimir Putin to send free shipments of grain to several African nations, has delivered the initial consignment to Somalia this week. Somalia has received a shipment of 25,000 tonnes of grain.
The delivery is a result of th...
By Rhod Mackenzie
Russia will receive nearly one trillion rubles more ( $10.5 billion) in 2023 from the increase of non-resource and non-energy exports. The impressive 85% surge is proving to be a strong financial boost for the country. What products fall under this export classification, what are...
By Rhod Mackenzie
Russia is rapidly increasing the amount of its food exports to China. The growth rate is exponential in both terms of weight and revenue. If this rate of growth persists, Russia's exports of agricultural products to China will double to £10 billion by 2030. Which food products ha...
By Rhod Mackenzie
The General Administration of Customs of the People's Republic of China's decision to lift the prohibition on the exports pork from Russia was an unexpected development itsr pig farmers. Talks went on for almost 15 years. China refused to allow Russian pork imports, even when ASF...
