SCO & BRICS latest news and insights
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...
By Rhod Mackenzie
Last year, Russia earned nearly $187 billion from supplying oil, gas, and coal to several friendly countries. This amount is $56 billion more than the average level of supplies to European countries before they imposed anti-Russian sanctions. RIA Novosti calculations were used to...
By Tatiana Bokova
The economic relationship between China and Brazil stands as a testament to the transformative power of international trade and cooperation. The two states established diplomatic relations in 1974 and have maintained friendly ties since then. In 1993, they formed a strategic part...
By Zhao Yusha
At the G20 foreign ministers' meeting in Brazil, Brazilian officials called for reforms of the United Nations and other multilateral institutions, and pushed for stronger representation of developing nations. Chinese experts believe Brazil's call speaks for the broader Global South,...
By Uriel Araujo
According to Financial Times, Brazilian imports of diesel from Russia last year skyrocketed, with a staggering 4,600 per cent increase pertaining to total value - from $95 million worth of diesel purchases in 2022 to $4.5 billion. Purchases of fuel oil in turn rose by about 400 pe...
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...
