The bill may be rejected by Russia's parliament, because it does not specify tax procedures or requirements for data centres and mining operators.
October 7, 2022The price cap on Russian crude starts in December. India and China import over half of Russia's seaborne oil. Nord Stream 1 is closed.
September 13, 2022Indian and Russian banks are discussing the use of customised trade accounts and an exchange rate mechanism that will enable trade settlement in rupees and rubles.
August 23, 2022India's attitudes against isolating Russia arise from its strategic interests with Moscow and a long history as a recipient of sanctions, says Mathew Chemplayil.
July 13, 2022Myanmar is negotiating the possibility of joining SPFS, an alternative to SWIFT, as well as the use of Russian Mir cards in Asia.
June 22, 2022US sanctions 21 entities and 13 individuals. EU to propose new measures this week. Australia applies 35% export tariff.
April 4, 2022