The Mexican government has granted a unique license for bottling Mexican-produced tequila in Russia for the first time. Tequila can be extracted exclusively from the ‘Tequila Weber’ variety of blue agave, which is grown in the Mexican states of Guanajuato, Jalisco, Michoacan, Nayarit, and Tamaulipas. The alcohol itself will not be produced in Russia, however[…..]
Trade expected to bounce back as Asian supply chain fundamentals adapt By Emil Avdaliani Vietnam’s foreign policy is based on balancing which allows it to maintain room for manoeuvre. In this regard, Hanoi tries to take simultaneously into account the interests of Moscow, Washington, and Beijing. So far this worked to Vietnam’s benefit making the[…..]
Economic sanctions, political isolation and the military defeat of Russia have all failed. But at what cost to the EU and United States? And what comes next? A recent report issued by the United Nations Conference on Trade and Development (UNCTAD) has caused particular irritation in the West. According to the UN forecast, in 2023[…..]
Yango, the ride-hailing app owned and operated by Russian tech group Yandex, has announced plans to establish a global operations office in the UAE. The facility will open later this year and will be based in Dubai Internet City, developed by Dubai business park operator TECOM Group, according to a statement released by Yango.
Trade between Russia and India has skyrocketed this year, with the turnover of goods in January-August already surpassing the total for the previous year. According to data from the Indian Ministry of Commerce and Industry, total trade between the two countries in the first eight months of the year reached US$43.8 billion, an all-time high.[…..]
Dedollarisation ‘almost complete’ as countries move away from US dollar The share of Russian Ruble and Chinese Yuan settlements in Russia’s total foreign trade has surged to almost 70% as Moscow rapidly shifts away from Western currencies, Economic Development Minister Maksim Reshetnikov said on Friday, (October 20) with the de-dollarization of Russian trade with China[…..]
By Emil Avdaliani Russia and Malaysia, two diverse and dynamically growing nations, have traditionally maintained a robust trading relationship. As the shifts in global economy and connectivity take place, these two nations have continued to foster closer economic ties. This has been particularly evident during 2022 and 2023 when numerous negotiations, agreements, and joint ventures,[…..]
2023 Bilateral trade likely to be about US$235 billion as bilateral investments reach tens of billions The Russian President Vladimir Putin has been meeting with the Chinese Premier, Xi Jinping in Beijing. We outline some of the essential issues and developments that took part during these extensive bilateral talks and look at some of the[…..]
Plenty to talk about as global geopolitical changes begin to create international shifts of opinion  By Chris Devonshire-Ellis The Russian President Vladimir Putin has arrived in China following a two-day visit to neighbouring Kyrgyzstan.
By Farzad Ramezani Bonesh Diplomatic relations between the Soviet Union and Pakistan were established on May 1, 1948, and trade relations were established in the early 1950s. The commercial relations of the two countries have experienced different periods in the past.