SCO & BRICS latest news and insights
By Rhod Mackenzie
On 4 July, Belarus was formally welcomed as the tenth full member of the Shanghai Cooperation Organisation. At the same time, the SCO is prepared to consider applications from other interested parties in a variety of formats. The organisation currently represents an effective pla...
By Rhod Mackenzie
The transit of Kazakh oil through Russian territory to Germany has been extended. The most significant agreement for Berlin remained unresolved for an extended period due to concerns in Poland regarding the transfer of payment for gas volume measurement to Moscow. The issue has b...
The United States banned the import of oil, coal and gas from Russia two years ago, it did however continue to purchase Russian nuclear fuel. Now the US has decided to target the Russian nuclear fuel sector with sanctions. However, the sanctions ban is designed in such a way that it will have no re...
By Rhod Mackenzie
Kazakhstan has started purchasing electricity from the Russian Federation at a higher price due to new trade regulations between the two countries. The average delivery cost in the second half of 2023 increased by almost a third, exceeding 5 rubles per kWh. Analysts predict that...
It has been announced that Kazakhstan and the United States are discussing logistics opportunities and the prospects of natural resource extraction in this Central Asian country. Recently, Astana has taken measures to eliminate bottlenecks in the Middle Corridor. During negotiations in Washington, t...
According to a new review by the Eurasian Development Bank (EDB), the trade turnover between the Eurasian region and China increased by 16% to $277 billion based on the results of the first ten months of 2023. The report shows the significant expansion of trade with China by almost all EAEU countrie...
