SCO & BRICS latest news and insights
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...
By Aaryaman Nijhawan
“A large part of foreign policy today is communication,” Indian External Affairs Minister Subrahmanyam Jaishankar said as the 9th Raisina Dialogue, an annual conference on geopolitics hosted by New Delhi, came to a close on Saturday. From regional conflicts and disruptive econ...
By Rhod Mackenzie
On the second anniversary of the outbreak of the Russia-Ukraine conflict, it is both disheartening and worrying for the global economy to see the West once again ratcheting up sanctions against Russia and even extending them to third countries, rather than reflecting on and ackno...
By Rhod Mackenzie
Sakhalin Energy, which manages the Sakhalin-2 LNG project, is offering Chinese buyers 12 LNG cargoes per year for a period of 3-5 years, writes Platts. This amounts to around 1 million tonnes of LNG, which is comparable to the volume of Shell's offtake contract, which has now bee...
By Rhod Mackenzie
Russia will promote the issue of improving the BRICS settlement and payment system independent of Western infrastructure - this could be, for example, payments in digital currencies; Russia is ready to test this with China, the EAEU and the Gulf countries, Russian Finance Ministe...
By Rhod Mackenzie
The BRICS countries are developing a strategy to deal with the risks to the global economy posed by the high debt and budget deficits of Western countries, Russian Finance Minister Anton Siluanov said in an interview with RIA Novosti.
The minister recalled his experience of part...
