Can LatAm’s second largest economy make an impact on global trade via BRICS? Bueno Aries hopes so, but the decision hangs on October’s national elections. By Farzad Ramezani Bonesh Argentina’s membership process in BRICS The increase in attractiveness and the economic position of BRICS with about 26% of the area and about 42% of the[…..]
Central Asian consumer confidence ratios averaging 125.7 points, compared with 47.6 points in the European Union during September A major macroeconomic survey on consumer confidence (CCI) in the Central Asian countries of Kazakhstan, Uzbekistan has just been released by Freedom Finance Global, a listed financial analytical business in Astana.
North America’s Great Lakes have much experience to offer Caspian Sea planners The Caspian Sea is one of the key elements of the transport and logistics network both for countries with direct access to the sea and for individual large states and regions. The Caspian Sea provides the opportunity to transport goods between Asia and[…..]
Kazakhstan’s Ministry of Trade and Integration has adopted and sent to the Kazakh Senate a draft law on ratification of the Agreement on the establishment of an Export Credit Agency (ECA) and promotion of the export of non-commodity goods such as works and services. The bill has passed the first reading.
The Asian Infrastructure Investment Bank (AIIB) has opened an operational office at the Abu Dhabi Global Market, marking its first office outside of China. It was inaugurated by Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) and the UAE’s Alternate Governor on the Board of Governors of AIIB, alongside Luky[…..]
Agreements on land transport, trade development, de-dollarisation, healthcare and youth development The Fifth Consultative Meeting of the Heads of State for Central Asia has just concluded in Dushanbe. Discussions were held between Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Azerbaijan’s President Ilham Aliyev also attended the summit. Collectively, the five Central Asian nations have a[…..]
By Chris Devonshire-Ellis As we predicted in our analysis of the G20 proposed ‘India-Middle-East-Europe Corridor’ (IMAC), push back against the proposal has already begun. The Turkish President, speaking almost immediately after the G20 summit last week has stated that “There can be no corridor without Turkiye” and that “the most appropriate route for trade[…..]
By Chris Devonshire-Ellis In increasing signs of Chinese Belt & Road Initiative infrastructure projects being directed to Russia, China’s Xuanyuan Group Industrial Development company plans to build a huge energy logistics hub in Russia’s Far Eastern Amur region, close to the Chinese border with Heilongjiang Province. The hub will be located between the city of[…..]
The Trans-Caspian International Transport Route volumes have doubled in 12 months Kazakhstan’s First Deputy Prime Minister, Roman Sklyar has been stressing the potential of the Trans-Caspian International Transport Route (TITR) in relation to China’s trade with Europe, saying “In the context of the current geopolitical situation, creation of new transport and logistics routes to diversify[…..]
How has Kazakhstan fared after a decade of the BRI? Astana’s Nazarbayev University hosted an international conference on September 7th, marking the 10th anniversary of the Belt and Road Initiative (BRI), and celebrating 30 years of partnership between Central Asia and China. The conference was organized by Kazakhstan’s Center for Chinese Studies. Nazarbayev University is[…..]