Can’t the U.S. Develop Trade Relations With Minsk and Beijing? Instead of Warmongering!

1 Mar, 2023 09:31

Minsk and Beijing never intend to work against third nations – Lukashenko

Belarus’ president says his country and China seek mutual prosperity and don’t undercut other countries
Minsk and Beijing never intend to work against third nations – Lukashenko

Belarusian President Alexander Lukashenko underscored the importance of ties with China for his country’s future and said that in pursuing closer relations neither country seeks to undermine others in comments delivered on Wednesday during a three-day trip to China.

“We wish you success, which is pragmatic for us, because if China is strong, Belarus will be strong and will develop,” the leader of Belarus told Li Keqiang, the premier of China, during a meeting in Beijing.

“We see the situation on the international stage. And we praise you for the thoughtful progress you make. You go your way, don’t undermine anyone, and don’t get triggered by the barbs that people all over direct at China,” Lukashenko added. “This is absolutely in line with the spirit and character of the Chinese people.”

Minsk and Beijing “have no forbidden directions for cooperation” and “never intended to … work against third nations, whoever they may be,” Lukashenko said. He boasted that Belarusian-Chinese bilateral trade was set to reach $6 billion per year and said that the aim of his three-day visit was to “outline new horizons” in the countries’ ties.

Blinken issues warning to China

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Blinken issues warning to China

Li noted that the relationship between the two nations was built on a foundation of “mutual respect, trust, and win-win cooperation” and had the potential for further improvement.

Belarus, a traditional Russian ally, shares Moscow’s concern about the expansion of NATO in Europe. Amid the security crisis in Ukraine, the two agreed to form a joint military force, a move touted as a way to counter the military buildup of the US-led bloc in Poland and the Baltic states.

China is a strategic Russian partner. While Beijing criticized Moscow for sending troops into Ukraine, it laid the blame for provoking the crisis in the first place on the US and NATO and has defied Washington’s wishes by refusing to impose economic sanctions.

The US claimed in February that Beijing was considering sending military aid to Russia and threatened retaliation for such a move. China has denied the American allegations.

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1 Mar, 2023 05:24

Indian spirits to replace Western liquor brands in Russia – Kommersant

ABD is aiming to enter the Russian market
Indian spirits to replace Western liquor brands in Russia – Kommersant

Indian company Allied Blenders & Distillers (ABD), which produces the world’s third-most-popular whisky, Officer’s Choice, is planning to enter the Russian market, according to business daily Kommersant.

Russian vodka manufacturer Alcohol Siberian Group (ASG) will be the sole distributor of two ABD brands, the Indian company announced on Tuesday.

ABD is eyeing the market share that was vacated after the departure of some Western brands, Kommersant said. The Indian company’s brands have not been marketed in Russia before.

According to the newspaper, deliveries of ABD products started in February. The contract is valid until October 2025, while the specific sales volume has not been agreed.

Officer’s Choice Blue whisky from rare Scotch malts and Indian grain spirits will reportedly cost between 1,000 and 1,200 rubles ($13-$16) for a 0.75-liter bottle. Sterling Reserve premium blend’s price in Russia will vary from 1,100 rubles to 1,500 rubles ($14-$20) per bottle.

Whisky has been the most affected type of alcohol in the Russian market as a result of Western trade restrictions. According to WineRetail estimates, bottled whisky imports have halved in 2022 to between 11 million and 12 million liters. Some brands, including Johnnie Walker, Jack Daniel’s, Bushmills, Jim Beam and White Horse were allowed for parallel import, and the number of their suppliers is growing. In addition, 36 new local whisky brands appeared in the market in the first nine months of 2022, according to analysis by NielsenIQ.

India produces 60% of the world’s whisky, with ABD exporting to more than 20 countries. The company’s revenue in the 2021 financial year exceeded $765 million.

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