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  March 24, 2022 by Silk Road Briefing
  

  Wang Yi At The Organization Of Islamic Cooperation: China Is Investing US$400 Billion In Muslim Belt And Road Initiative Projects

  The OIC bloc includes 57 states over four continents and has a collective population of 1.9 billion China’s Foreign Minister Wang Yi has been attending the Organization of Islamic Cooperation (OIC) foreign ministers meetings in Islamabad, stating that China is investing US$400 billion in over 600 BRI projects across the Muslim world. The OIC is[…..]
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  March 23, 2022 by Silk Road Briefing
  

  Georgia-Uzbekistan Bilateral Trade Increases 88%

  Russia avoiding southern route connects Uzbekistan to Georgia and the EU via Turkmenistan The Georgian National Statistics Office (Geostat) has stated that the trade turnover between Georgia and Uzbekistan from January through February 2022 totaled US$22.2 million – an increase of 88.1 percent, compared to US$11.8 million over the same period of 2021. The trend is significant[…..]
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  March 22, 2022 by Silk Road Briefing
  

  Are Iranian Sanctions Working? Iran’s Technical & Engineering Service Exports Rose 400% In 2021

  Iran has adapted in three years to SWIFT disconnection and forged ahead with new trade and cooperation agreements. Is this the way ahead for Russia? Like Russia today, Iran was cut off from the SWIFT banking network in 2019 and has been under intense sanctions from the United States, eager to punish anyone who trades[…..]
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  March 21, 2022 by Silk Road Briefing
  

  Iranian Imports From Caspian Littoral States Up 19% In Volume

  Significant trade trends showing INSTC is coming online Iran’s imports from the four Caspian littoral states (Russia, Azerbaijan, Turkmenistan and Kazakhstan) increased by 53% in value and 19% in volume during the first 11 months of the current fiscal Iranian year (March 21, 2021 through February 19, 2022), compared to the same period during the[…..]
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  March 20, 2022 by Silk Road Briefing
  

  China’s Belt & Road And Beyond – March 21 2022

  Compiled By Chris Devonshire-Ellis Analysis & Opinion How Will China’s BRI Fare When Partners Are At War? (South China Morning Post) China’s Belt And Road Initiative Is An Issue Of Trust (Westerly Sun) Xi Jinping’s Choice (ASEAN Post) Ai WeiWei: The New Silk Road Is China’s CounterAttack In A Global game Of Chess (The Guardian)[…..]
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  March 20, 2022 by Silk Road Briefing
  

  US Threatens Chinese Banks With SWIFT Disconnection

  Proposed “CURB CIPS Act of 2022” Would Have Serious Global Implications And Cause China A Loss Of Economic Sovereignity by Chris Devonshire-Ellis US senators have introduced a new bill that prevents China from using CIPS – its SWIFT alternative – to conduct financial transactions with Russia. Chinese banks that use CIPS for cross-border payments with[…..]
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  March 17, 2022 by Silk Road Briefing
  

  Thailand and Uzbekistan Eye Increased Mutual Trade and Investment

  Another sign of the developing trade corridors starting to take effect between Central and South-East Asia has materialized with the Chamber of Commerce and Industry of Uzbekistan signing a memorandum of understanding with the Council of Trade of Thailand.
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  March 16, 2022 by Silk Road Briefing
  

  First China Wuwei City – Georgia Tbilisi Cargo Train Departs

  New Gansu-Georgia service significant as it uses the southern multimodal Belt and Road route The first direct cargo train from Gansu’s Wuwei City to Georgia’s capital city Tbilisi departed last Saturday morning, marking the inauguration of the Wuwei-Tbilisi cargo train services.
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  March 15, 2022 by Silk Road Briefing
  

  Uzbekistan To Reform Its State-Owned Enterprises

  Uzbek SOE privatization, foreign investment and other reforms all being planned Uzbekistan’s President Shavkat Mirziyoyev has said the Government plans to transform its state-owned enterprises, announced at a videoconference on 14 March on sustainable economic development and transformation of state-owned enterprises.
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  March 14, 2022 by Silk Road Briefing
  

  Southern, Russia-Avoiding Belt & Road Multimodal Route Receives First China Blockchain Rail Cargo In Azerbaijan For Dispersal To Turkey, Bulgaria And Romania

  With Russia now under sanctions and ports inaccessible, the main rail route from China to the European Union has shifted south to the multi-modal route provided by using the Caspian Sea.