Iranian INSTC trade routes between Europe and Asia are flourishing but when will the EU be pressured into conducting its trade purely with North America? The Ukraine conflict has resulted in unexpected increases in trade flows east, with one of the beneficiaries being Iran. This is because the International North-South Transportation Corridor (INSTC), originally intended[…..]
BRICS+ As An Alternative G20 An online meeting of potential BRICS+ Foreign Ministers was held last Friday (May 20) in which the FMs of Brazil, Russia, India, China, and South Africa (BRICS) were joined by the FMs or representatives from Argentina, Egypt, Indonesia, Kazakhstan, Nigeria, the UAE, Saudi Arabia, Senegal, and Thailand. According to the[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion China’s Belt and Road Initiative, Explained (One Nation Video) The Belt and Road Initiative: Innovative Chinese Ideas for a New World Order (Modern Diplomacy) China’s Trade With Belt and Road Countries Enjoys Robust Growth (People’s Daily) China Business Sentiment Surveys: Foreign Companies Remain Committed Despite Headwinds (China Briefing)[…..]
Examining European Union-Central Asian market potential and new supply chain routes through to China via Kazakhstan as new EU-Central Asian trade agreements take effect By Chris Devonshire-Ellis The Russia-Ukraine conflict is imposing significant changes on global geopolitics and is re-arranging the Eurasian political and supply chain map with considerable impact. In this article I examine[…..]
China expanding supply chains with Peru’s Chancay and Callao Ports to be a Latin American resources hub China’s State-Owned Cosco Shipping, together with China Railway, China Communications Construction Company and China Harbor Engineering Company are planning to invest about US$3 billion to develop the Chancay Container port in Peru, as the Chinese government continues to[…..]
Turkmenistan is continuing its regional integration objectives following decades of relative isolation as it continues to reach out to regional countries in efforts to maximise its potential as a regional trade transit hub and energy supplier. The latest bilateral talks have been with the United Arab Emirates (UAE), the collection of smaller Gulf States that[…..]
Sri Lanka’s economic salvation lies in opening up the economy to Asian free trade, instead of constantly squeezing the domestic market Much has been written about the current economic situation in Sri Lanka, with Western media laying the blame, depending upon who you read, on China (debt traps), while most (but not all) Lankan media[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion How The Belt And Road Initiative Complements China’s Imports & Exports (CGTN) China’s Extraordinary Export Boom Comes To An End (The Economist) Five Years Since The First BRI Forum, BRI Gets Bigger And Better (CGTN) Powering the PLA Abroad: How the Chinese Military Might Fuel Its Overseas Presence[…..]
By Chris Devonshire-Ellis European Union supply chain routes through to South and Southeast Asia via the International North-South Transportation Corridor. Is Iran stable enough? The Russia-Ukraine conflict is imposing significant changes on global geopolitics and is re-arranging the Eurasian political and supply chain map with considerable impact. In this article I examine the key areas[…..]
Uzbekistan and Turkmenistan are discussing new ways to develop industrial cooperation, according to the Uzbek Ministry of Investment and Foreign Trade. Sardor Umurzakov, Minister of Investments and Foreign Trade of Uzbekistan held discussions with Baymyrat Annamamedov the Minister of Industry and Construction Production of Turkmenistan last week, with discussions focusing on to intensifying industrial cooperation and create complete value chains with[…..]