Economy & Trade

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  April 26, 2022 by Silk Road Briefing
  

  INSTC Expected To Help Iran Double Its Eurasian Exports, With Implications Also For European Trade

  New routes also open up the EU to the Caucasus and Turkey, the Middle East, East Africa, Central Asia, India, Pakistan and South-East Asia.  Alireza Peyman Pak, Chair of Iran’s Trade Promotion Organization, has stated that Iran is planning to double its exports to Eurasian counties, with the International North-South Transportation Corridor (INSTC) enabling Iran to have access[…..]
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  April 25, 2022 by Silk Road Briefing
  

  China Demands A Free Trade Agreement For Helping With Sri Lanka’s Economic Problems

  Protecting a diminishing domestic market or reaching out to a larger trade world: Sri Lanka’s entrenched, old style trade monopolists need to be moved out for the country to have any chance of revival    The embattled Sri Lankan Prime Minister, Mahinda Rajapaksa has been casting a financial fishing net around Asia as the country[…..]
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  April 25, 2022 by Silk Road Briefing
  

  China’s Belt & Road And Beyond – April 25 2022

  Compiled By Chris Devonshire-Ellis Analysis & Opinion How Does the Russia-Ukraine War Affect Asia’s Political Economy?(The Diplomat) The Russia-Ukraine War Accelerates The Collapse Of China’s Belt & Road Global Strategy (Epoch Times) Why China Should Watch Out For The Impact of US Infrastructure Plans (South China Morning Post) The Middle Corridor: A Potential Alternative to[…..]
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  April 21, 2022 by Silk Road Briefing
  

  Israel Adds Chinese RMB Yuan To Its Central Bank Holdings, Reduces US Dollar and Euro Assets

  The Deputy Governor of the Bank of Israel has announced it will reduce its US dollar holdings and add the Chinese RMB Yuan to its basket of foreign currency reserves. The bank has previously only held US dollars, Euros and British Pounds.
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  April 20, 2022 by Silk Road Briefing
  

  Iran’s Rasht-Caspian INSTC Railway Makes Progress

  Construction work has been completed on the first 11 km of the 35 km stretch of the Rasht-Caspian railway line in Iran’s northern Gilan Province, according to Abbas Khatibi, the Deputy Director of the Construction and Development of Transportation Infrastructures Company (CDTIC).
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  April 19, 2022 by Silk Road Briefing
  

  Azerbaijan-China’s Developing Trade & Investment Ties

  Nations celebrate 30 years of diplomatic relations as Baku requests Karabakh investments from Beijing  Azerbaijan and China have been celebrating 30 years of diplomatic relations, with congratulatory messages between the two Presidents in addition to developing trade and supply chain initiatives.
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  April 18, 2022 by Silk Road Briefing
  

  IMF Launches Belt & Road Imitating Resilience and Sustainability Trust

  The International Monetary Fund (IMF) has launched their first-ever Trust Fund, the ‘Resilience & Sustainability Trust’ (RST) with an investment value of US$50 billion. The finance will be available from May 1.
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  April 17, 2022 by Silk Road Briefing
  

  China’s Belt & Road And Beyond – April 18 2022

  Compiled By Chris Devonshire-Ellis Analysis & Opinion How China’s Belt and Road Initiative is Faring (GIS Reports) China Engages the Global South: From Bandung to the Belt and Road Initiative (Global Policy Journal) Regional Partners Seek Clarity on Biden’s Indo-Pacific Economic Framework (The Diplomat) Finance IMF Plots Launch of US$45bn Fund to Rival China’s Belt[…..]
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  April 14, 2022 by Silk Road Briefing
  

  Kyrgyzstan, Tajikistan Foreign Ministers Discuss Increasing Trade, Infrastructure Connectivity

  The Foreign Ministers Kyrgyzstan, Ruslan Kazakbaev and Tajikistan’s Sirodjiddin Mukhriddin held a virtual conference today to discuss current issues of Kyrgyz-Tajik cooperation, regional security issues and the prospects for further cooperation.
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  April 13, 2022 by Silk Road Briefing
  

  Iran’s Ministry Of Urban Development: Asian Countries Are Talking With Us About Developing New Supply Chains To Europe

  The INSTC is developing into a massive regional supply chain network Amin Taraffo, the Director-General of Commercialization and Associations Affairs Bureau at Iran’s Ministry of Road and Urban Development has stated that transit through Iran’s transportation corridors is increasing following the conflict between Russia and Ukraine.