SCO & BRICS latest news and insights
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By Rhod Mackenzie

China issued a white paper on Tuesday which focused on the Belt and Road Initiative (BRI). Highlighting the role the iconic "project of the century" has played in global development over the last decade, the paper also discussed its achievements in working towards its main goal o...

By Rhod Mackenzie

Russia's United Oil- and Gas-Chemical Co. (ONGK) and China's Xuan Yuan Industrial Development have agreed to jointly invest 5 billion yuan (£557 million) to construct a transshipment oil complex in the far east of Russia, according to the Roscongress fund.

The complex will enab...

By Salem AlKetbi

When a country of Saudi Arabia’s size and weight joins the BRICS bloc, the discussion naturally turns to the benefits of the bloc, not just the invited country. It is not an overstatement to say that the bloc will be the biggest beneficiary of this major geostrategic agreement in...

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...

By Rhod Mackenzie

There is some intrigue going on among analysts in the Oil and Gas sector as last week Brent oil prices were nearing £100 per barrel, with some global oil brands exceeding this figure. However, today Brent is trading at £84 per barrel, and analysts have connected this decrease in...

By Rhod Mackenzie

On Friday, Chinese observers commented that the US-led West's defamation of China-Russia cooperation is a deliberate tactic in its public opinion war, and that China and Russia are the true defenders of the world order based on international law. They made the comments following...