Competition for routes to China heat up with Russia and Geopolitics remaining EU obstacles Competition for close cooperation with Kazakhstan between Russia and the European Union is intensifying. In a recent study of future transport links with Central Asia, the European Bank for Reconstruction and Development (EBRD) identified the Central Trans-Caspian Network, which runs[…..]
Discusses BRICS expansion and US sanctions Chris Devonshire-Ellis, the Chairman of Dezan Shira & Associates, has been interviewed by Newsweek as concerns the current status of the developing BRICS grouping, the Global South and the impact on the United States. Some of his comments appeared in an article titled “BRICS Is Evolving from China-Russia Dream[…..]
How Armenia, Azerbaijan & Georgia fit into China’s inbound and outbound trade growth By Emil Avdaliani Amid the reshuffling of Eurasian connectivity as a result of the Ukraine conflict, the South Caucasus has grown in importance as a vital transit hub between the European Union (EU) and China. Comprising of Georgia, Armenia and Azerbaijan,[…..]
The BRICS group of nations is no longer an alternative to other international associations, but a bulwark of global politics, External Affairs Minister of India Subrahmanyam Jaishankar stated on Friday (June 2).
The Chinese and Argentinian governments have signed a cooperation plan to promote the construction of the Belt and Road Initiative, according to China’s National Development and Reform Commission (NDRC) in Beijing. The NDRC said that the plan will fully implement the significant consensus reached by leaders of both countries on promoting the high-quality development of[…..]
Bank has lent US$33 billion to 96 BRICS infrastructure projects The BRICS New Development Bank (NDB) began its eighth annual meeting in Shanghai on Tuesday, with Russian Finance Minister Anton Siluanov outlining its development plans. The Shanghai-based NDB was established in 2014 by Brazil, Russia, India, China, and South Africa, and formally opened for business[…..]
Discussions taking place concerning replacement systems and digital currency usage in trade with the RMB Yuan at the core The Eurasian Economic Forum was held last week in Moscow, with discussions concerning the process of de-banking (disconnection from global payment systems) within the Eurasian region. Ksenia Yudaeva, the First Deputy Chairman of the Russian Central[…..]
Agreement with Pakistan for Taliban’s involvement sealed in Islamabad with projects already underway China and Pakistan have agreed to extend the Belt and Road Initiative into Afghanistan, potentially drawing in billions of dollars to fund infrastructure projects in the sanctions-hit country, according to Pakistan’s Foreign Ministry. The agreement was reached in Islamabad on Sunday (May[…..]
China’s Economic and Commercial Counselor of the Chinese Embassy in Tehran, Xu Qisong has said that China’s investment in Iran increased by 150% in 2022, according to the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA). Speaking in a meeting with TCCIMA Secretary General Bahman Eshghi on Sunday, Xu said the growth in investment[…..]
By Chris Devonshire-Ellis Russian President Putin has been invited to visit China to attend the 3rd International Belt and Road Forum for International Cooperation by Chinese President Xi Jinping, with the invite being extended during Xi’s visit to Moscow earlier this year.