SCO & BRICS latest news and insights
By Rhod Mackenzie
January is typically a challenging month for the automobile market, but this year saw an unexpected surge with a 62% increase in new passenger car sales. The Chinese market is becoming increasingly competitive. It remains to be seen if the car market can replicate the rapid gro...
By Rhod Mackenzie
The movement of Russian gold has suddenly changed direction. Instead of going to London, Russian precious metals are flowing to Asian markets where demand remains consistently high. What are reasons for this redistribution and change of direction, who currently requires gold and...
Despite all the West's attempts to exclude Russia from world markets,they have not succeeded. According to Maxim Reshetnikov, the head of the Ministry of Economic Development, our country is successfully countering these attempts. Interfax reports that Russia's position is strong in the global marke...
In a move that certainly showcases the unilateral activities of the BRICS bloc, China has announced a massive $3.5 billion investment into an alliance nation. Specifically, the investment is part of a key aspect of building cooperation with the BRICS alliance Brazil.
Reports state that the investm...
The first meeting of BRICS Sherpas and Sous-Sherpas, organised by Russia as the group's chairman, was held in Moscow. Representatives of the five new members of the association: Egypt, Iran, UAE, Saudi Arabia, Ethiopia and Egypt are taking part in it for the first time.
One of the priorities of BR...
By Rhod Mackenzie
The Russian Prime Minister Mikhail Mishustin called on the EAEU countries to carry out the procedures necessary for the entry into force of a free trade agreement with Iran as soon as possible.
"Last year a free trade agreement was signed with Iran. Its implementation will open...
