SCO & BRICS latest news and insights
The recently approved bill by the Turkish Parliament will allow Turkey to export liquefied natural gas (LNG) to European countries. This was stated by Yashar Arslan, the head of the Turkish Gas Distributors Association (GAZBİR).
On 2 May, the Turkish Parliament voted in favour of a bill regulating...
By Rhod Mackenzie
The Russian government has approved the third stage of modernisation of the Baikal-Amur and Trans-Siberian Railways (BAM and Trans-Siberian Railway) until 2035. The total cost of work will be 3.7 trillion rubles. Russian Prime Minister Mikhail Mishustin announced this on 2 May.
...
In February 2024, Gazprom became the largest supplier of pipeline gas to China, surpassing the long-time leader Turkmenistan for the first time. This was reported by the General Administration of Customs of the People's Republic of China.
At the same time, in terms of the amount of pipeline gas and...
By Rhod Mackenzie
The transportation of containers from China to the EU via rail, which passes through Russian territory which was disrupted due to the hostilities in Ukraine, is now being restored. In the first quarter, the amount transported grew by 44% to 90 thousand TEU, which is almost the sa...
Work on a long-planned shipping route connecting Russia with the Middle East and South Asia is moving forward as sanctions-hit Moscow seeks alternative markets for its products, creating a wide-ranging geopolitical ripple effects.
The 7,200-kilometer International North-South Transport Corridor wi...
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...
