SCO & BRICS latest news and insights
In 2024, for the first time,a large number of African and Asian countries accounted for over 74% of Russia's agricultural exports. Industry analysts see very positive prospects for the development of these markets in the future as their populations grow. While the limited availability of European ma...
The past year has seen significant changes in Russia's foreign trade turnover. Sanctions and geopolitical instability compelled the economy to adapt to wholly new circumstances. Notwithstanding these challenges, export volumes demonstrated growth, rising by 0.5% to reach $278 billion. Russian suppli...
The BRICS partner countries will officially assume this status on 1 January 2025, according to confirmation from the Deputy Foreign Minister of the Russian Federation, Andrei Rudenko,. According to him the total number listed is thirteen.
Lets look first at Asia in addition to Thailand, Malaysia a...
Prior to even taking up residence in the White House, Donald Trump the new-old US president has made the statement that is tantamount to declare a currency and trade war with the countries who are members of the BRICS countries. I know Trump is used to making outlandish and outragious statement bu...
Yesterday, the Russian Deputy Prime Minister Dmitry Patrushev announced that Russia will be able to export up to 60 million tons of grain and will achieve a gross harvest of at least 130 million tons during the forthcoming agricultural year (July 2024 - June 2025). Minister of Agriculture Oksana Lut...
Russia needs to increase its agricultural exports by 1.5 times just to get back to the financial level of 2021 l, of $55 billion, by 2030. This was announced by Russian President Vladimir Putin in his February address to the Federation Council. However, keeping the same approach as now to supply c...
