SCO & BRICS latest news and insights
By Rhod Mackenzie
Russia's economic partnerships with Asian and African nations have expanded while trade connections with the European Union have weakened, as per the most recent report by the Federal Customs Service (FCS).
Recently published data illustrates that exports to Asia escalated to $...
By Rhod Mackenzie
The Russian economy has reached the level that it was at in February 2022, mostly due to non-standard solutions according to the latest reports. According to the architects of the sanctions, restrictions were introduced to weaken the ruble and the Russian economy. This, however,...
By Rhod Mackenzie
According to Kommersant, Russia is increasing its oil exports to Pakistan,( SCO member) with the third shipment of the year being dispatched. The only current supplier is Surgutneftegaz. There have been discussions between Russia and Pakistan for some months about signing a long-...
By Rhod Mackenzie
Since early October, amidst the military conflict between the Palestinian Hamas movement and Israel, Iran has been at the forefront of many conversations. While it is true that Tehran has connections with Hamas, it would be impracticable to reduce Iran's connection with its entir...
By Rhod Mackenzie
Russia's foreign trade has been almost totally reoriented towards the East, mainly towards China. Moreover, in many respects Russia's trade with China has already surpassed the peak levels of trade with the EU in previous years. As the acting head of the Federal Customs Service...
By Rhod Mackenzie
The harvest season in Russia is almost completed. As of the beginning of November, ICAR reports that approximately 142 million tonnes of cereal crops have been threshed, which is 9 million tonnes less than the previous year's record. The wheat harvest is predicted to yield about...
