SCO & BRICS latest news and insights
Egypt is planning to urge BRICS member states to trade in their national currencies, according to a statement by the Ministry of Foreign Affairs, quoting the newly appointed Personal Representative of President Abdel-Fattah El-Sisi to the BRICS Summit Ambassador Ragy El-Etreby.
El-Etreby indicated...
By Soumya Bhowmick
In the current global economic landscape, the trajectory of multilateral institutions is undergoing a pivotal shift, and the BRICS alliance is a crucial player in this transformation. As we delve into the realms of trade, investment, and finance within BRICS, we find ourselves n...
During the 12th session of the Intergovernmental Russia-Brazil Commission on Trade, Economic, Scientific and Technical Cooperation, key developments unfolded, marking a significant stride in Russia-Brazil relations. Brazilian Foreign Ministry Secretary General Maria Laura da Rocha underscored the dy...
As the world navigates through a labyrinth of geopolitical tensions and economic uncertainties, the bond between South Africa and Russia stands as a beacon of potential growth and cooperation. In a recent conversation with TASS, South African Ambassador to Russia, Mzuvukile Jeff Maqetuka, shed light...
According to TASS, the revenue of Russia's non-resource sector large and medium-sized enterprises increased by 16.4% to 184.9 trillion rubles in 2023. Meanwhile, the revenue of oil and gas companies decreased by 3.3% to 65.8 trillion rubles, this was reported by the services analytics audit and cons...
In July 2024, Western Siberia is set to launch a new oil pumping station (OPS) at the Achinsk linear production and dispatch station (LPDS) in the Krasnoyarsk Territory. The aim is to increase oil shipments towards the east. The expansion of the station's capacity will require an investment of over...
