BRICS Archives - Page 18 of 37 - RUSSIA'S PIVOT TO ASIA

Featured January 7, 2025

How Russia Is Repositioning Its Wine Industry To Boost BRICS and Domestic Production

A symbol, as well as being representative of Russia’s move to replace previously EU manufactured imported products with products of Russian origin is Russia’s viniculture sector. Wines from Italy, France and Spain have long been popular in Russia, with these three countries alone accounting for 80% of all EU wine exports. In addition, viniculture is […]

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Featured January 7, 2025

Indonesia Joins BRICS As A Full Member

Indonesia has become a full member of the BRICS group, the its current rotating chair country, Brazil, announced on Monday (January 6). It brings the full member number of BRICS countries to ten, with the others being Brazil, Russia, India, China and South Africa, in addition to Egypt, Ethiopia, Iran, and the UAE. Several other […]

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January 6, 2025

Iran Imports From Russia Up As New Supply Chains Kick In

Iran’s imports of non-oil products from Russia have reached US$1.1 billion in the past 8 months, according to Foroud Asgari, Iran’s Minister of Customs. He said that Russia has now become the fifth largest source of Iranian imports. In early December, Russian President Vladimir Putin had highlighted the stability and reliability of trade and economic […]

January 5, 2025

Russia’s Foreign Trade: 2024 Changes and 2025 Trends

2024 was marked by distinct changes in Russia’s foreign trade turnover, as sanctions and geopolitical instability forced the Russian economy to adapt to a new normal. Despite these challenges, exports grew by 0.5% to reach US$278 billion in value, while the focus of attention of Russian suppliers was Asia, Africa and the CIS countries. It […]

December 31, 2024

Russia’s 2024 Presidency Of The BRICS And Looking Ahead To 2025: Ryabkov Interview

Sergei Ryabkov, Russia’s Deputy Minister of Foreign Affairs, and the primary “BRICS Sherpa” has been interviewed by Tass concerning the development of the BRICS group during 2024. This is especially pertinent as Russia held the Presidency of BRICS during the year, hosting the annual BRICS summit in Kazan. The interview covered Russia’s Presidency of BRICS, […]

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December 27, 2024

Russia – Iran Comprehensive Strategic Partnership Agreement To Be Signed January 17

A comprehensive strategic partnership agreement between Russia and Iran will be signed during a meeting of both countries’ presidents in Moscow on January 17, 2025, the Iranian Ambassador to Russia, Kazem Jalali has stated. The Iranian Embassy in Moscow released a statement saying “Speaking about the readiness of Iran and Russia to sign a Comprehensive […]

December 26, 2024

Russian Food Exports To India Increase Over 100% in 2024

Food exports from Russia to India increased by over 100% during the first 11 months of 2024, according to from the Russian Agroexport federal agency. The top five agricultural products exported to India were sunflower oil, peas, soybean oil, dried chickpeas, and oats. The value was estimated at being worth over US$2.3 billion – more […]

December 25, 2024

Russia’s Asian Year – Achievements Made During The Turn To The East

By Kirill Babaev, Director of the Russian Institute of China and Contemporary Asia, of the Russian Academy of Science The past year has become very successful for the growing trend of a “Pivot to the East” in Russian foreign policy. It seems that Russia this year has finally fully realized that the Asian region can […]

December 24, 2024

Nine New BRICS Partner Countries From January 1, Four Pending, and 24 Applications

Nine countries will officially join BRICS as partner states in January, Russian presidential aide Yuri Ushakov has said, adding that the economic group is open to like-minded partners. The new “Partner Country” status was approved at the BRICS summit in Kazan in October, after more than 30 countries applied to join the organization. Partner country […]

December 23, 2024

Russia Discussing Direct Flights To Brazil, Malaysia and Pakistan

Russia is holding negotiations on launching direct flights to Brazil, Malaysia and Pakistan, according to Roman Starovoyt, the Russian Minister of Transport, who had said “We are considering Malaysia and Brazil. Pakistan has also contacted us recently with a similar request. We are also analyzing the situation there, and engaging in a constant dialogue. Of […]

December 20, 2024

Is The Postponed Singapore-Eurasian Economic Union Free Trade Agreement Coming Back To Life?

The proposed Singapore-Eurasian Economic Union Free Trade Agreement is showing signs of reactivating after Kazakhstan’s Senate passed a bill ratifying the deal at a plenary meeting on Thursday (December 19). It was originally signed in Yerevan on October 1, 2019. The agreement, which has been indefinitely postponed by Singapore since early 2022, had been mothballed […]