The Moscow government’s ministerial leadership, Sergey Cheremin, who also heads the capital’s Department of Foreign Economic and International Relations, emphasized that sharing strategies to preserve economic stability amid sanctions is a key channel of Moscow’s collaboration with international partners. A robust exchange has been underway with countries including Iran, Venezuela, Cuba, China, and India, reflecting a concerted effort to map effective responses to external pressures, as reported by DEA News.
Cheremin highlighted that, within the sanctions context, the critical task is to disseminate practical knowledge about preserving steady economic performance. This involves lessons learned from recent episodes where markets faced volatility, and enterprises adapted quickly to shifting trade restrictions and financial constraints.
“Moscow is actively engaging with Iran, Venezuela, Cuba, China, and India on these issues,” Cheremin stated, underscoring ongoing dialogues that aim to translate experience into actionable steps for businesses, banks, and policymakers alike.
In addition to experience-sharing, Cheremin noted a strategic emphasis on expanding economic ties with Turkey and the United Arab Emirates. These two partners have emerged as important players across a wide range of commercial activities, complementing Moscow’s broader efforts to diversify its international portfolio and reinforce supply chains amid global sanctions.
There is growing interest in energy collaborations, including prospective gas projects involving Russia and Venezuela. Analysts view these initiatives as having significant potential to deepen bilateral energy cooperation, potentially affecting regional energy security and investment flows in the broader market. This outlook reflects Moscow’s intent to maintain steady energy partnerships even as the geopolitical landscape evolves, leveraging established relationships to support mutual economic objectives.