The INSTC is developing into a massive regional supply chain network Amin Taraffo, the Director-General of Commercialization and Associations Affairs Bureau at Iran’s Ministry of Road and Urban Development has stated that transit through Iran’s transportation corridors is increasing following the conflict between Russia and Ukraine.
Kazakhstan’s National Economic Minister Alibek Kuantyrov has revealed the national Q1 2022 main economic growth indicators. These show that in January-March this year the country’s economic growth rates reached 4.4%. Kuantyrov reported on the growth acceleration in the country’s real economy, onward growth in exports, and sustainable growth rates in the service industry. Growth in the[…..]
Turkmenistan’s foreign trade turnover increased by 40.9% during the first quarter of 2022, according to the Deputy Chairman of the Government of Turkmenistan Mukhammetguly Mukhammedov at a meeting of the Cabinet of Ministers. The figures are in reference to the same period last year.
Pakistan needs continuity but the potential for regional meddling is very real By Chris Devonshire-Ellis It has been a while coming, but Imran Khan, Pakistan’s Prime Minister has finally been ejected from office by the countries Supreme Court after refusing to allow a vote of no confidence in the Parliament, where political defections had left[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion US Suspends Most-Favored Nation Status For Russia. This Is What It Means (Russia Briefing) Does China’s Friendship With Russia Really Have ‘No Limits’? (Oil Price) Revival Of The Silk Road Part One (CGTN) Revival Of The Silk Road Part Two (CGTN) Revival Of The Silk Road Part Three[…..]
Reconnecting rail supply chains via Iran is another spin off trade route through the INSTC Turkmenistan’s Ambassador to Pakistan Atajan Movlamov has met with President of the Islamabad Chamber of Commerce and Industry (ICCI) Muhammad Shakeel Munir, in order to discuss the development of trade relations.
The INSTC is starting to come online along the southern Belt and Road route between Europe and Asia The Iranian transit of goods increased by 52% last month compared to the same month last year, according to the Iran Customs Administration (IRICA). More than 1.17 million tons of goods were transited through Iran over the period[…..]
PM Terminals, a unit of Danish Maersk shipping company, plans to build a new terminal at Poti Sea Port in Georgia, with construction expected to start later this year 2022 with completion in 2024.
A Peugeot Pars on the streets of Tehran Growth in Central Asian and EAEU markets demand spurs manufacturing growth Iran’s auto production is expected to jump by at least 50% in the current Iranian fiscal year (like India, March 21, 2022 to March 2023). Seyed Reza Fatemi Amin, the Iranian Minister of Industry, Mine and[…..]
Both have strong trade ties with China as well as Russia as Central Asian nations seek to boost regional trade due to an expected Russian consumer slowdown  Uzbekistan and Kyrgyzstan plan to increase trade turnover to US$2 billion, effectively doubling trade from 2021’s US$951 million.