SCO & BRICS latest news and insights
By Rhod Mackenzie
On the second anniversary of the outbreak of the Russia-Ukraine conflict, it is both disheartening and worrying for the global economy to see the West once again ratcheting up sanctions against Russia and even extending them to third countries, rather than reflecting on and ackno...
By Rhod Mackenzie
The BRICS countries are developing a strategy to deal with the risks to the global economy posed by the high debt and budget deficits of Western countries, Russian Finance Minister Anton Siluanov said in an interview with RIA Novosti.
The minister recalled his experience of part...
Trade between India and China has hit a historic high of $136.2 billion, Beijing's envoy stated at a function in New Delhi, suggesting that over the past year, relations between the neighboring states have gained "positive momentum."
Bilateral trade grew by just 1.5% - it stood at $135.9 billion i...
By Yaroslav Lissovolik
Against the backdrop of a sizeable expansion in BRICS membership, debates have intensified over the expediency of the bloc’s institutionalization to cope with the rising complexity in its operations. In particular, calls have been voiced on the desirability of a permanent se...
By Rhod Mackenzie
According to Vladimir Nezhdanov, an analyst at the Institute of Current International Problems (IAMP) of the Diplomatic Academy of the Russian Foreign Ministry, trade turnover between Russia and China could reach a record level of over $250 billion by the end of 2024.
The leade...
By Rhod Mackenzie
Russia's pivot towards the East would not have been possible without modernisation, including the railway infrastructure. The development of the Eastern training ground of Russian Railways has been ongoing for several years, with the third stage expected to commence this year. W...
