Sergey Pronin: Concerning the development of business relations between Russia and Singapore

The report of the Russian Foreign Trade information portal, prepared on the basis of data from the Federal Customs Service of Russia for 2020, examines the main indicators of bilateral trade between Russia and Qatar, such as trade turnover, exports, imports, their dynamics and commodity structure.

The current perspectives for the formation of international energy markets are mainly due to the policy of decarbonization of world energy and the growth of energy consumption. Each country forms its energy policy based on its own fuel and energy potential and the situation on international energy markets. The global oil market is currently largely dependent on global processes with a high degree of ‘uncertainty" associated with the use of protectionist and political methods of struggle in the global world economy. «Trade wars», and sanctions increase the uncertainty of the market for the «global» energy resource — oil. The global market for «alternative» energy and technology in this area is much more defined and predictable. The introduction of «platform» economy methods in the energy sector, in combination with the macroregional form of organization of energy markets, will reduce uncertainty factors by avoiding protectionist methods, including sanctions methods, leaving them behind the «perimeter» of macroregional borders.

In this analytical digest, the Roscongress Foundation summarizes the outcomes of the first Russia—Africa Economic Forum which took place on 23–24 October, 2019 in Sochi.