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Wednesday, September 14, 2022
India Is New Major Player in Russian Oil Market
India has pushed into a corner of the Russian oil market once dominated by China, taking a record number of shipments of a Far Eastern grade
Whilst Russia and China are leading de-dollarisation initiatives due to their geopolitical rivalry with the US, India, Brazil, and South Africa have supported BRICS’ statements on altering the global financial system for their own interests
China is willing to continuously enhance practical cooperation with other four BRICS countries-Brazil, Russia, India, and South Africa-to jointly benefit from the New Industrial Revolution
In recent years, the BRICS countries have been exploring long-term and sustainable mechanisms for cooperation in the agricultural sector
The People's Republic of China (PRC) tripled its investment in Brazil in 2021, making the South American nation a major destination for Chinese capital
A logistics operator RUSCON (part of Delo Group), launched a new multimodal container service from China to Russia via the port of Novorossiysk
If investors are willing to commit capital to the local economy, should the country embrace such business deals or demand restraint?