New opportunities are looming as Europe-Asia supply chains move and EU trade agreements are exploited   Uzbekistan and Turkmenistan are discussing new ways to cooperate in industry and commerce, with the Uzbek Ministry of Investment and Foreign Trade in the form of Deputy Prime Minister – Minister of Investments and Foreign Trade of the Republic of Uzbekistan[…..]
New routes also open up the EU to the Caucasus and Turkey, the Middle East, East Africa, Central Asia, India, Pakistan and South-East Asia. Alireza Peyman Pak, Chair of Iran’s Trade Promotion Organization, has stated that Iran is planning to double its exports to Eurasian counties, with the International North-South Transportation Corridor (INSTC) enabling Iran to have access[…..]
Protecting a diminishing domestic market or reaching out to a larger trade world: Sri Lanka’s entrenched, old style trade monopolists need to be moved out for the country to have any chance of revival  The embattled Sri Lankan Prime Minister, Mahinda Rajapaksa has been casting a financial fishing net around Asia as the country[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion How Does the Russia-Ukraine War Affect Asia’s Political Economy?(The Diplomat) The Russia-Ukraine War Accelerates The Collapse Of China’s Belt & Road Global Strategy (Epoch Times) Why China Should Watch Out For The Impact of US Infrastructure Plans (South China Morning Post) The Middle Corridor: A Potential Alternative to[…..]
The Deputy Governor of the Bank of Israel has announced it will reduce its US dollar holdings and add the Chinese RMB Yuan to its basket of foreign currency reserves. The bank has previously only held US dollars, Euros and British Pounds.
Construction work has been completed on the first 11 km of the 35 km stretch of the Rasht-Caspian railway line in Iran’s northern Gilan Province, according to Abbas Khatibi, the Deputy Director of the Construction and Development of Transportation Infrastructures Company (CDTIC).
Nations celebrate 30 years of diplomatic relations as Baku requests Karabakh investments from Beijing Azerbaijan and China have been celebrating 30 years of diplomatic relations, with congratulatory messages between the two Presidents in addition to developing trade and supply chain initiatives.
The International Monetary Fund (IMF) has launched their first-ever Trust Fund, the ‘Resilience & Sustainability Trust’ (RST) with an investment value of US$50 billion. The finance will be available from May 1.
Compiled By Chris Devonshire-Ellis Analysis & Opinion How China’s Belt and Road Initiative is Faring (GIS Reports) China Engages the Global South: From Bandung to the Belt and Road Initiative (Global Policy Journal) Regional Partners Seek Clarity on Biden’s Indo-Pacific Economic Framework (The Diplomat) Finance IMF Plots Launch of US$45bn Fund to Rival China’s Belt[…..]
The Foreign Ministers Kyrgyzstan, Ruslan Kazakbaev and Tajikistan’s Sirodjiddin Mukhriddin held a virtual conference today to discuss current issues of Kyrgyz-Tajik cooperation, regional security issues and the prospects for further cooperation.