SCO & BRICS latest news and insights
By Rhod Mackenzie
During a meeting with the Chinese Premier Li Qiang on December 19, Russian Prime Minister Mikhail Mishustin stated that the use of national currencies for payment of goods and services between Russia and China has increased. What is the the potential trade turnover between the tw...
By Rhod Mackenzie
According to Thomas Hill, a former senior State Department official and the current director of the North Africa program at the American Institute of Peace (USIP), the recent expansion of BRICS should concern the United States. Hill explains that new members and prospective membe...
By Rhod Mackenzie
The volume of trade between Russia and India may reach a record high by the end of the year. As of the end of the third quarter of 2023, the trade volume has already reached 3.9 trillion rubles. This information was reported by RIA Novosti, citing Deputy Minister of Economic Deve...
By Rhod Mackenzie
The Russian President Vladimir Putin said at the VTB international forum "Russia Calling" that the number of foreign companies operating in Russia did not decrease after the introduction of sanctions, but on the contrary increased by almost 1.5 thousand.
"As of 1 March 2022, 24...
By Rhod Mackenzie
The European Union's new package of anti-Russian sanctions will not cause significant damage to the Russian economy. Georgy Ostapkovich, the director of the Centre for Market Research at the Higher School of Economics, told Izvestiya on 18 December.
Earlier that day, the EU app...
By Rhod Mackenzie
China aims to broaden its collaboration with Russia in the energy sector throughout all stages of production. According to Zhang Hanhui, the Chinese Ambassador to Russia, in an interview with RIA Novosti on Tuesday, December 19, China anticipates expanding cooperation along the e...
