SCO & BRICS latest news and insights
By Nivedita Das Kundu
Introduction
The International North-South Transport Corridor (INSTC) is the term which is used to describe the ship, rail, and road route for moving freight from South Asia to Europe through Central Asia, the Caucasus and Russia. The route primarily involves moving goods f...
By Rhod Mackenzie
The Russian Foreign Minister Sergei Lavrov stated that, like many Eurasian states, Russia is interested in transport corridors and the creation of logistics transport chains that are not subject to Western policies.
According to the head of the Russian Foreign Ministry, like mo...
By Rhod Mackenzie
Now the banks of Russia and Iran have the opportunity to carry out transactions directly, both countries have connected their systems for transmitting financial messages, Mohsen Karimi, deputy head of the Central Bank of Iran for international affairs, told the Fars news agency....
By Rhod Mackenzie
According to Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari, BRICS will have a significant impact on energy, new technologies, and aerospace.
The main challenges are energy production, transportation, and consumption. Safari stated that BRICS is addressing...
By Rhod Mackenzie
According to Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari, the Shanghai Cooperation Organization (SCO) should adopt the practice of de-dollarization and trade in national currencies.
"Dedollarization" refers to the use of national currencies for trade tra...
By Rhod Mackenzie
During a meeting in Beijing on Friday, Wang Yi, member of the Political Bureau of the Communist Party of China (CPC) Central Committee and Chinese Foreign Minister, stated that the people of the Middle East should have control over the fate of their region, and that it should no...
