SCO & BRICS latest news and insights
By Rhod Mackenzie
Kazakhstan has started purchasing electricity from the Russian Federation at a higher price due to new trade regulations between the two countries. The average delivery cost in the second half of 2023 increased by almost a third, exceeding 5 rubles per kWh. Analysts predict that...
It has been announced that Kazakhstan and the United States are discussing logistics opportunities and the prospects of natural resource extraction in this Central Asian country. Recently, Astana has taken measures to eliminate bottlenecks in the Middle Corridor. During negotiations in Washington, t...
By Taimur Khan
In the shifting global economic and geopolitical environment, the BRICS group—comprising Brazil, Russia, India, China, and South Africa—stands out as a symbol of a diversifying global power structure, challenging the traditional dominance of Western economies. This alliance of burge...
By Rashid Alimov
The Shanghai Cooperation Organisation has never positioned itself as an anti-Western organisation, despite the fact that since its creation it has constantly faced attacks from Western countries. There is no doubt that the external conditions for the activities of the SCO will bec...
By Rhod Mackenzie
The prioritization of increasing payments in local currencies between SCO member states is crucial, this was stated by the Deputy Secretary General of the organization, Grigory Logvinov, during a press conference on Tuesday. Currently, this process has been successfully implement...
By Rhod Mackenzie
The member countries of the Shanghai Cooperation Organization (SCO) should contemplate the matter of establishing their own payment and settlement system while improving exchange trading in their respective national currencies.
According to the Russian Prime Minister Mikhail Mi...
