By Farzad Ramezani Bonesh The history of trade relations between Iran and China goes back to the first contact between the two governments in 140 BC. In the past century, the new economic relations between the two countries have been accompanied by ups and downs. Since 1952, the economic relationship between Iran and China has[…..]
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).
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.
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[…..]
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.
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.
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[…..]
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[…..]
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[…..]
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.