Kazakhstan and China are discussing the possibility of introducing a visa-free regime, with the signing of a relevant agreement already scheduled for May 18-19 in Xi’an. The deal will allow Kazakh passport holders the ability to visit China without a visa for personal and business purposes, as well as for tourists, travellers receiving medical treatment,[…..]
The 4th ministerial conference of countries neighboring Afghanistan (Russia, China, Iran, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan) is taking place on April 13 in Samarkand, Uzbekistan.
By Farzad Ramezani Bonesh After the creation of the BRIC term in the early 2000s (the economies of Brazil, Russia, India and China), the first meeting of the RIC group (Russia, India and China) was held in 2005 in St. Petersburg.
On April 3, 2023, the Agreement on the Application of Navigation Seals in the Eurasian Economic Union (EAEU) for Tracking Transportation, signed by the Heads of Member States on April 19, 2022 in Moscow, came into force. The internal procedures necessary for the entry into force of the Agreement have been completed in all EAEU[…..]
An EAEU digital currency agreement would impact China and South East Asian trade At a meeting of the Eurasian Economic Advisory Committee on Financial Markets of the EAEU bloc in Moscow, chaired by Bakytzhan Sagintayev, Ministers discussed the issues of harmonizing legislation in the financial sector.
The Asian Development Bank (ADB) has forecast GDP growth at 6.5% for Turkmenistan during 2023, the highest indicator among Central Asian countries, according to the banks latest Asian Development Outlook. ADB also predicts Turkmenistan’s GDP growth is expected to be 6% in 2024. “This forecast assumes higher capital spending and continued strong demand for hydrocarbon[…..]
Beijing is discussing a new format of interaction with Central Asia against the backdrop of Moscow’s increasing dependence on it. Chinese President Xi Jinping, in a congratulatory message to the various Central Asian leaders during the celebratory Navruz (New Year) holidays, stated that he would be glad to receive them on state visits to China[…..]
By Emil Avdaliani Russia and Iran are advancing the idea of the International North-South Transport Corridor (INSTC), a transportation route which despite some problems, is progressing and could reshape Eurasian connectivity.
Tbilisi and Tashkent are looking to expand bilateral trade to US$500 million. Georgia and Uzbekistan are looking to develop the Baku-Tbilisi–Kars (BTK) railway route by boosting transport and logistic cooperation, according to reports from the Uzbekistan Ministry of Investment, Industry, and Trade. The BTK route has been beset by problems and has been considered something[…..]
Chris Devonshire-Ellis has been interviewed by the US based ‘Rethinking the Dollar’ on recent developments concerning the BRICS, and future of the position of the US dollar as the world’s reserve currency. This is particularly relevant given the rise of China’s RMB Yuan in international trade.