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[…..]
The development of relations between Azerbaijan and Kazakhstan occupies an important place in the context of the unification of the infrastructures of the two countries and cooperation in the region. Both countries, which have significant resources and a geostrategic position at the intersection of important transport routes, are aware of the need to strengthen their[…..]
Ali Akbar Safaei, the Head of the Iranian Ports and Maritime Organization, has stated that disagreements with the Indian operator at Iran’s Chabahar Port, a key part of the INSTC and a direct link to Mumbai, have been cleared up, and a contract will be signed between Iran and India regarding India’s investment. Safaei said[…..]
By Chris Devonshire-Ellis Bangladesh has become the latest country to express interest in joining the BRICS economic group, with reports on Monday (June 19) revealing that Dhaka has sent a formal request to become a member. The issue is expected to be discussed at the BRICS summit scheduled to take place in South Africa in[…..]
By Farzad Ramezani Bonesh The International North–South Transport Corridor (INSTC) was established by Iran, Russia and India in September 2000, and subsequently expanded with the admission of 13 major corridor members such as Azerbaijan, Belarus, Armenia, Kazakhstan, Kyrgyzstan, Oman, Russia, Tajikistan, Turkey, Ukraine, and the observer membership of Bulgaria.
Updated: June 20, 2023 By Chris Devonshire-Ellis China’s Asian Infrastructure Investment Bank (AIIB) has found itself in the news the last two days with the banks Communications Director, the Canadian Bob Pickard, abruptly resigning, leaving China and alleging ulterior interference in the bank’s operations by China’s Communist Party (CCP). With Pickard now back to Canada,[…..]
Kyrgyzstan is planning to take advantage of the China consumer market opportunity and is looking at supplying fish, potatoes and beans to the Chinese market. Asgarbek Janybekov, the Kyrgyz Minister of Agriculture has said the Kyrgyz side are looking to meet Chinese compliance standards in order to launch the exports of various products, and the[…..]
Moves imply regional de-dollarisation, creation of digital Turkic currency The Central Bank of Azerbaijan (CBA) has discussed cooperation in the field of digital financial technologies and security with the Association of Banks of Turkic-speaking States, (also known as the Council of Banks Associations) according to Taleh Kazimov, the Governor of the CBA.
By Farzad Ramezani Bonesh with additional commentary by Chris Devonshire-Ellis Afghanistan has been under the control of the Taliban since September 2021. The Taliban has announced the Islamic Emirate of Afghanistan, but it has not been officially recognized, although both China and Russia along with other regional players retain dialogue channels. With a population of[…..]
Ukraine’s cost for the West is a reduced presence in Central Asia as the relevance of Eurasian trade borders shifts east The recent China-Central Asia summit in Xi’an has given plenty of reasons to pay attention to the role and status of Russia in the region. The new era proclaimed by Xi Jinping in China’s[…..]