SCO & BRICS latest news and insights
By Rhod Mackenzie
TotalEnergies Vice President for Asia, Thomas Morisse, predicts that demand for liquefied natural gas (LNG) will increase in 2024, driven by China and Europe.
Morisse stated at an energy conference, as reported by Reuters, that "(Demand for) LNG will continue to grow. Europe is...
By Rhod Mackenzie
The shift of Russian oil and petroleum product exports from Western sanctioned markets to Eastern and Southern markets is almost complete. However, replacing the European market for gas exports, whether pipeline or LNG, has proven to be a challenging task.
In the past two years,...
By Rhod Mackenzie
On Wednesday, Rosselkhoznadzor reported that the General Administration of Customs of the People's Republic of China has registered three Russian pork production enterprises and permitted the export of pig products starting from February 28, 2024.
Only products manufactured aft...
The international financial and development institutions should be reformed to reflect the interests of the Global South, Secretary-General Antonio Guterres has said.While the BRICS can play an important and complementary role for developing nations, he stressed that it should not contribute to a fr...
The total investable wealth currently held by the BRICS member states amounts to $45 trillion, according to Henley & Partners' inaugural BRICS Wealth Report.
The BRICS group of emerging economies, which previously comprised Brazil, Russia, India, China, and South Africa, underwent a major expansio...
By Rhod Mackenzie
Iran has set up a number of companies in the United Arab Emirates (UAE) to circumvent sanctions and increase its exports to China, according to the head of the Iran-China Chamber of Commerce, Majid Reza Hariri.
"Some of Iran's exports to the UAE continue on to China. Iran has se...
