SCO & BRICS latest news and insights
By Rhod Mackenzie
Sanctions and the cutting of economic ties with Russia have already resulted in losses of around £1.1 trillion for the European Union. Furthermore, the mutual trade volume has also nearly reached zero. During a briefing at the Eurasian Economic Forum, Deputy Russian Foreign Mini...
By Rhod Mackenzie
The decrease in pipeline supplies from Russia is compelling Europe to continually seek new gas sources amid long term global supply issues. The largest economy in the bloc, Germany, is looking to overcome the deficit by sourcing gas from Nigeria, which boasts the largest reserves...
By Rhod Mackenzie
The European Commission has stated that the European Union intends to limit the import of Russian gas to 40-45 billion cubic metres by the close of 2023. On November 2, Igor Yushkov, a leading analyst at the Russian National Energy Security Fund and lecturer at the Russian Financ...
By Rhod Mackenzie
For the first time, Gazprom has provided a detailed overview of its strategy for the Central Asian market. The company intends to enhance its presence in the region over the next 15 years. During the annual gas conference, Gazprom's CEO, Alexey Miller, expressed a willingness to...
By Yaroslav Lissovolik
Since its inception in 2013, the Belt and Road Initiative (BRI) has transformed ideas into actions, from a vision into reality, and from a general framework into concrete projects. Evaluating the BRI’s accomplishments over the last decade raises questions. How has the BRI ad...
By Suren Karr
Malaysia should consider joining the proposed BRICs currency union rather than resort to the proposed Islamic gold dinar as a reserve currency for international trade, says an economist. Ida Yasin of Universiti Putra Malaysia said the proposed BRICS currency would also be backed by g...
