SCO & BRICS latest news and insights
By Rhod Mackenzie
After the Western sanctions, India has strengthened its role as a major buyer of Russian oil. The current volume of transactions is back to its peak. However, exporters have managed to capture another critical segment - fertilisers. Delhi started to increase its purchases from Mo...
By Rhod Mackenzie
The European Union is continuing to implement sanctions against Russia in an attempt to restrict its international financial transactions. The latest package of sanctions includes a prohibition on EU banks using the Russian analogue of SWIFT, the Financial Message Transmission Sy...
The Chinese President's visit to European countries took place against the backdrop of a sharp increase in Washington's pressure on Beijing. China would like to secure the pragmatic cooperation of sovereign European elites and defend its economic interests.
The first visit of Chinese President Xi...
To reduce import dependence in the manufacturing industry and mechanical engineering, it is essential to accelerate the development of component manufacturers, in fact, the third industrialisation. Otherwise, there will be complete dependence on supplies from China.
The import dependence of mechani...
By Rhod Mackenzie
The economies of most Western oil consumers are growing slowly or not growing at all. Furthermore, Russia’s BRICS partners are not the audience from which OPEC+ would intend to earn windfall profits. Therefore, oil has outlined a smooth compromise corridor, which can only be dire...
By Ivan Shchedrov
Since 2010, the India-Russia special and privileged strategic partnership has developed on a solid foundation of strong history and was maintained by the means of political imperatives. Russia supported India’s membership in the Shanghai Cooperation Organisation (SCO) and called...
