Economy & Trade

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  July 9, 2023 by Silk Road Briefing
  

  Iran’s non-oil trade turnover with Türkiye booming

  The non-oil trade turnover between Iran and Türkiye increased by 30.7% percent in volume, and 7.1% in value during the first 3 months of the current Iranian year (March 21 – June 21, 2023), compared to the same period in the last year, according to the Iranian Customs Administration (IRICA).
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  July 6, 2023 by Silk Road Briefing
  

  BRICS New Development Bank: No Common Currency Yet

  The New Development Bank, a financial institution created by the BRICS group, doesn’t have any immediate plans for the group to create a common currency, according to its vice president and chief financial officer Leslie Maasdorp.
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  July 5, 2023 by Silk Road Briefing
  

  Shanghai Cooperation Organisation Heads Of State Issue “New Delhi Declaration” Of Intent: Analysis & Opinion

  SCO wants reform at the United Nations, WTO and is creating a global movement against perceived G7 hegemony.  By Chris Devonshire-Ellis The Shanghai Cooperation Organisation (SCO) Heads of State held their annual summit online on Tuesday (July 4th) with the meeting chaired by India, and the Prime Minister Narendra Modi. The full members of the[…..]
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  July 4, 2023 by Silk Road Briefing
  

  Calls For New Shanghai Cooperation Organisation Development Strategy

  The SCO may be preparing for a new post-Ukraine conflict geopolitical order      By Chris Devonshire-Ellis The current Kazakhstan President, Kassym-Jomart Tokayev, a previous Director-General of the UN Office at Geneva, has been speaking at the Shanghai Cooperation Organization (SCO) Heads of State summit currently chaired by India.
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  July 3, 2023 by Silk Road Briefing
  

  Iran To Join Shanghai Cooperation Organisation On July 4th as A Full Member, As Bloc Holds Annual Heads Of State Meeting Chaired By India

  By Chris Devonshire-Ellis  Iran’s full membership admission to the Shanghai Cooperation Organization (SCO) and the signing of a memorandum of commitment by Belarus to join the SCO is scheduled for July 4 at the Council of Heads of State of the organization, Russian Foreign Minister Sergey Lavrov has stated.
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  July 2, 2023 by Silk Road Briefing
  

  Ethiopia Applies To Join BRICS

  Country has the fastest growing GDP rates in Africa and its second largest population Ethiopia has made an official application to join the BRICS grouping and hopes for a positive decision on its application to join the BRICS member states, Ethiopian Foreign Ministry Spokesman Meles Alem has stated, saying “We expect BRICS will give us[…..]
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  June 30, 2023 by Silk Road Briefing
  

  Turkmenistan Unveils Arkadag – Its Futuristic New Smart City

  Turkmenistan has officially opened its new, futuristic “smart” city, named Arkadag, or ‘Protector’, a reference to its previous President Gurbanguly Berdymukhamedov, who developed the concept. The new city, designed for an initial 73,000 residents (about double that of Liechtenstein) cost US$3.3 billion to build. There are plans to spend as much again in the next[…..]
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  June 28, 2023 by Silk Road Briefing
  

  Kaliningrad Reaches Out To China For Exports Boost

  Lithuania’s exit from China is Kaliningrad’s gain  Kaliningrad, the Russian Baltic Sea enclave surrounded by the European Union, is planning to boost its China exports in the wake of competing Lithuania cancelling its China trade and diplomatic relations in favour of Taiwan. Both Kaliningrad and Lithuania are primary sources for Baltic Amber, a natural commodity[…..]
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  June 26, 2023 by Silk Road Briefing
  

  Foreign Direct Investment Trends Into Central Asia

  Analysis from the Uzbek Institute of Macroeconomics  Analysts from the Uzbekistan Institute of Macroeconomic and Regional Studies have conducted a comprehensive assessment of the level of economic cooperation between the Central Asian countries.
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  June 26, 2023 by Silk Road Briefing
  

  The Eurasian Economic Union – 2023-24 Trade and Investment Opportunities

  By Emil Avdaliani The Eurasian Economic Union (EAEU) has been experiencing a somewhat turbulent recent period. Geopolitical changes in Eurasia resulting into shifts in trade routes and supply chains have impacted the operation of the Moscow-led Union, encompassing five countries: Armenia, Belarus, Kazakhstan, Russia, and Kyrgyzstan. Created and developed in 2010s the EAEU has an[…..]