China-EAEU Trade Up 30% as Beijing and Moscow eye mutual BRI trade and infrastructure investments By Chris Devonshire-Ellis Sergey Glazyiev, the Chairman of the Eurasian Economic Commission, the regulatory body for the Eurasian Economic Union (EAEU), has been holding several meetings with Chinese officials concerning cooperation and coordination between the EAEU and China. The EAEU[…..]
By Emil Avdaliani On the sidelines of the Group of Twenty (G20) summit in New Delhi, India, the United States, United Arab Emirates, Saudi Arabia and the European Union agreed to create a transport and economic corridor connecting the South Asia with Gulf monarchies and European countries. Dubbed the “India – Middle East – Europe[…..]
By Michael Barantschik and Chris Devonshire-Ellis The annual G20 summit has been underway over the weekend and has been held in New Delhi, India. In this comprehensive article we provide a demographic background to each of the invited members, including the African Union, together with analysis of the main talking points from the Summit Declaration.
The Asian Infrastructure Investment Bank (AIIB) is part of a consortium that is financing the €1.3 billion construction of a new regional metro system in Alexandria, on Egypt’s Mediterranean coast.
Kazakhstan is gradually becoming dependent upon China with concerns being expressed Central Asia has long been in the sphere of interest of China, which over the past decades has been slowly pursuing its policy there, aimed at increasing its influence on the countries of the region. While Beijing says it does not impose anything on[…..]
Ethiopia’s upcoming presence in BRICS contains significant trade and export manufacturing demographic potential By Farzad Ramezani Bonesh Ethiopia was one of the surprise additions in the BRICS grouping, which has been derided in the West as a disparate group with limited compatibility. However, a deeper dive into new members attributes reveal a longer term view[…..]
China-BRICS trade has overtaken China-United States trade By Chris Devonshire-Ellis China’s imports and exports with other BRICS members expanded 19.1% year on year to ¥2.38 trillion (about US$330.62 billion) between January and July 2023, according to statistics from the Chinese General Administration of Customs. The BRICS include China in addition to Brazil, Russia, India, and[…..]
Bakhtiyor Ergashev, the Director of the Tashkent based Ma’No Centre for Research Initiatives has stated that Uzbekistan, which is currently an observer country in the Eurasian Economic Union (EAEU), continues to gradually integrate into the organisation. According to him, a number of projects are underway to synchronise the legislative and regulatory framework governing customs, tariffs[…..]
With Turkish President Erdogan about to meet Russian President Vladimir Putin, Turkiye’s trade figures with most of the eleven BRICS members show significant growth. Getting access to NDB funding may also prove attractive for Ankara as talks are expected across a number of issues.
Egypt’s membership in BRICS, multilateral trade with main BRICS members, the consequences and effects of membership, and trade and investment prospects By Farzad Ramezani Bonesh Egypt’s BRICS Membership Process Over the past decade, the BRICS has increased its attractiveness by holding dozens of successful meetings and summits. The increasing economic position of BRICS and its[…..]