SCO & BRICS latest news and insights
Work on a long-planned shipping route connecting Russia with the Middle East and South Asia is moving forward as sanctions-hit Moscow seeks alternative markets for its products, creating a wide-ranging geopolitical ripple effects.
The 7,200-kilometer International North-South Transport Corridor wi...
The CEO of Saudi Aramco, Amin Nasser, has called for a change in the strategy of transitioning from fossil fuels to renewable energy sources, commonly known as the 'green' transition. Nasser believes that the current strategy has failed and proposes to abandon the idea of replacing oil and gas with...
Jens Eskelund, the President of the EU Chamber of Commerce in China, expressed his doubts about the state of trade relations between Europe and China during a press briefing. He made this statement while announcing the release of a study on trade relations between the EU and China, which was conduct...
According to a new review by the Eurasian Development Bank (EDB), the trade turnover between the Eurasian region and China increased by 16% to $277 billion based on the results of the first ten months of 2023. The report shows the significant expansion of trade with China by almost all EAEU countrie...
During a meeting with the head of the board of the Eurasian Economic Commission, Bakytzhan Sagintayev, Russian President Vladimir Putin suggested that the economies of the countries in the Eurasian Economic Union (EAEU) be included in the work of BRICS.
Russia is presiding over BRICS this year. The...
According to Kpler, a company that analyses global commodity flows, China is set to break its record for oil purchases from Russia this month. Based on monitoring tankers carrying Russian oil, it is expected that China will receive an average of 1.7 million barrels of oil per day throughout the firs...
