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  February 22, 2023 by Silk Road Briefing
  

  Iraq To Allow China Trade To Be Settled In RMB Yuan

  Iraq’s Central bank said today (Wednesday February 22) it has planned to allow trade from China to be settled directly in RMB Yuan for the first time, in an attempt to improve access to foreign currency. The Central bank has been taking urgent steps to compensate for a dollar shortage in local markets, which prompted[…..]
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  February 21, 2023 by Silk Road Briefing
  

  Iran Increasing Use Of China’s RMB Yuan In International Trade

  Ehsan Khandouzi, the Iranian Minister of Economic Affairs and Finance, has stated that “a certain part of exchanges in Iran’s trade with China has been carried out in RMB Yuan – Chinese currency, since the beginning of the current Iranian year (March 21, 2022)”
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  February 20, 2023 by Silk Road Briefing
  

  The Future of the Belt and Road Initiative in Afghanistan: Obstacles, Opportunities, and The Taliban’s Perspective

  By Farzad Ramezani Bonesh with additional commentary by Chris Devonshire-Ellis China’s goals and opportunities in the Belt and Road in Afghanistan The Belt and Road Initiative (BRI), launched by Beijing in 2013, seeks to connect Asia to Africa and Europe, with the aim of improving regional integration, increasing trade and stimulating economic growth. It also[…..]
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  February 20, 2023 by Silk Road Briefing
  

  China’s 2023 Trade and Investment with Kazakhstan: Development Trends

  By Emil Avdaliani For many years China has been one of the largest trading partners of Kazakhstan. Kazakhstan, in turn, is China’s largest trading partner among five Central Asian states. For example, in 2021 total import and export of goods between China and Kazakhstan reached US$25.25 billion, being 17.6% higher than the previous year. China’s[…..]
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  February 16, 2023 by Silk Road Briefing
  

  China To Become Afghanistan’s Second Largest Trade Partner in 2023

  By Chris Devonshire-Ellis & Farzid Ramezani Bonesh  China’s trade with Afghanistan has been growing fast and it may become the second largest trading nation with Afghanistan in 2023 after Pakistan, a situation that bodes well for the continuation of the CPEC part of the Belt & Road Initiative into Afghanistan.
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  February 15, 2023 by Silk Road Briefing
  

  Tehran Wants Beijing’s Assistance To Join BRICS

  With Iranian President Ebrahim Raisi’s visit to China now underway, the Iranian state media outlet ISNA has said that Tehran greatly appreciates China’s role in Iran’s accession to the Shanghai Cooperation Organization (SCO) and hopes for Beijing’s backing for its BRICS (Brazil, Russia, India, China and South Africa) membership bid.
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  February 14, 2023 by Silk Road Briefing
  

  Turkmenistan Targets US$19.4 Billion In 2023 Foreign Trade Turnover

  Turkmenistan plans to increase the volume of foreign trade turnover to US$19.4 billion in 2023, with this target set by Turkmenistan President Serdar Berdimuhamedov.
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  February 13, 2023 by Silk Road Briefing
  

  Iran-China Trade Up, But Trends Are With Beijing As Raisi Looks To Xi For Fast Tracking 25 Year Cooperation Investment Agreement

  By Chris Devonshire-Ellis Iran’s non-oil trade turnover with China amounted to US$25.3 billion, during the first 10 months of the current Iranian year (March 21, 2022 through to January 20, 2023), according to Rouhollah Latifi, a member of the Iranian international and foreign trade committee. That equates to the Iran-China non-oil monthly trade sector value[…..]
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  February 12, 2023 by Silk Road Briefing
  

  European Investment Bank Conjures Up €1 Billion In Central Asian Initiative Infrastructure Projects

  What’s good for China is good for the EU as the Global Gateway tries to compete   The European Investment Bank (EIB) has a focus on sustainable connectivity in Central Asia and the transition towards a sustainable, climate-neutral growth model, according to statements made by the bank.  The EIB has developed a diverse and fast-growing[…..]
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  February 8, 2023 by Silk Road Briefing
  

  China–Ecuador Free Trade Agreement Moves Closer

  Bilateral trade up 19.7% as China looks for a Gateway into Latin America  By Chris Devonshire-Ellis China and Ecuador issued a joint statement in 2022 announcing the launch of free trade agreement (FTA) negotiations. After more than 10 months, the two countries have now concluded the bilateral FTA negotiations at the technical level.