Economics
27.02.2024 Aleksei Bolshakov

Do you think 51 years is a long time or a short time? It is, for example, two and a half life cycles of lemurs or three lives of predatory mammalian fossils. I chose these rare animals as an example for a reason. If my readers are familiar with the masterpiece of animated cinema “Madagascar”, they will easily remember that these animals acted in the cartoon as indigenous inhabitants of this mysterious island. Where did I get the number from? It’s simple: that’s how many years have passed since the establishment of Russian-Malagasy diplomatic relations…

26.02.2024 Boris Kushhov

On 22 January 2024, Tajikistan’s President Emomali Rahmon concluded his state visit to Qatar. On that day, he held talks with Sheikh Tamim bin Hamad Al-Thani and the Qatari Minister of Trade and Industry, after which Rahmon held talks with representatives of Qatari business. The Tajik President proposed to his Qatari counterparts the establishment of a joint investment fund as a new mechanism to ensure economic partnership between the two countries. Such bilateral funds are active in Central Asia: examples include the Russian-Kyrgyz Development Fund, the Uzbekistan-Kazakhstan Fund, as well as the investment fund of Kazakhstan and Saudi Arabia…

25.02.2024 Vladimir Terehov

On 13-15 February this year, Indian Prime Minister Narendra Modi travelled to the Middle East on the formal occasion of attending the regular “World Government Summit”, which is one of the many international forum platforms that have emerged in recent years. Launched in 2015 at the initiative of the leadership of the United Arab Emirates, the World Government Summit is held annually with a different composition of participants in the capital Abu Dhabi. After addressing the forum and holding a number of meetings “on occasion”…

22.02.2024 Boris Kushhov

On December 25, 2023, a meeting of the Supreme Eurasian Economic Council was held in St. Petersburg. As one of the significant successes of the union last year, the meeting participants noted the conclusion of a free trade zone agreement with Iran on the eve of the meeting. Further development of EAEU ties with this country is expected to play an important role in promoting the continental North-South transport routes: they will play an important role in developing the export potential of the union’s member states, since, apart from the Russian Federation…

19.02.2024 Mikhail Gamandiy-Egorov

Once again, let us raise the topic of economics, or even more precisely, geo-economics. Frankly speaking, Western so-called experts, and in this case, not only representatives of the political establishment, but also all sorts of economic “specialists” are completely confused about Moscow’s ability not only to withstand the unprecedented unilateral sanctions of the Western planetary minority, but even more so in the face of the successes shown by the Russian economy in the framework of not only and not even so much confrontation with Western elites, but especially in the framework…

16.02.2024 Boris Kushhov

On January 24, 2024, Uzbek President Shavkat Miromonovich Mirziyoyev held talks with Chinese President Xi Jinping as part of his official visit to China. Meetings between the two states are not uncommon, having occurred four times in 2023 alone. This time, however, it is an event of historic proportions as the two countries have elevated their bilateral relations to an “all-weather all-round strategic partnership in a new era.” The meeting was attended by up to 25 high-ranking representatives from the People’s Republic of China and the Republic of Uzbekistan…

12.02.2024 Boris Kushhov

On December 28, 2023, the head of Kyrgyzstan’s National Investment Agency announced that the construction of the China-Kyrgyzstan-Uzbekistan railroad – which is to form an important element of a planned Eurasian rail corridor – will begin in 2024. This announcement appears to signal the beginning of a new stage in the implementation of the project, which was initially proposed by the participating countries back in the 1990s, and which will have an important significance for the whole of Eurasia due

10.02.2024 Boris Kushhov

On December 6, 2023, the Intergovernmental Turkmen-Turkish Commission on Economic Cooperation held a meeting in Ashgabat. The participants focused their attention on the prospects of Turkmen gas supplies to Turkey via Iran.  Prior to this event, Turkmenistan had expressed its intention to expand gas exports to the West during the Summit of the Organization of Turkic States, which was announced by the Chairman of the Halk Maslakhaty of the Milli Gengesh of Turkmenistan, Gurbanguly Berdimuhamedov, who acted as an observer. Incidentally, Trans-Caspian supply routes were mentioned at that time…

07.02.2024 Boris Kushhov

Since the third quarter of 2023, the Mongolian public have been shaken by regular media reports of gasoline and diesel shortages in various parts of the country. Furthermore, to lend credence to these reports, a regular succession of publications have appeared stating just how many days’ worth of fuel are left in the country. This trend has become particularly evident since the Russian Federation introduced restrictions on fuel exports in 2023 to stabilize its domestic market. Mongolia receives more than 95% of all its fuel by rail from its northern neighbor, and more than 75% of all of Ulaanbaatar’s fuel imports come from Rosneft…

06.02.2024 Phil Butler

Russia and India are moving forward, exploring the adoption of a native BRICS currency. The move has garnered keen interest from Western interest, but so far, no key media has reported. A story in Middle East Economy a few days ago tells us Russia and India have joined forces to expand the influence of the BRICS alliance through digital economy initiatives. For the Western alliance, Russia/India dealings are really only the tip of a humongous iceberg. Some experts say and isolated America is right around the corner.

06.02.2024 Boris Kushhov

On December 21, 2023, Kazakhstan’s Prime Minister Alikhan Smailov gave the go-ahead for the construction of the new Bakhty-Ayagoz railway line in the Abay region. The project aims to construct a 272-kilometer double-track railway that will extend to the border of Kazakhstan and the PRC. The new line is expected to become operational in 2027. Currently, there are two rail border crossings with developed freight terminals on the Sino-Kazakh border: Khorgos and Dostyk-Alashankou. Almost 50% of all cargo transported along the China-Europe route passes through these border crossings…

04.02.2024 Anvar Azimov

French head of state Emmanuel Macron visited India the other day. He was the chief guest of the celebrations in Delhi on the occasion of the 75th anniversary of the Republic of India, proclaimed on 26 January 1950 with the adoption of the Constitution. Traditionally, on this significant day, large-scale military parades and colourful civilian demonstrations are held in the capital and other major cities of the country. Every year the Indian leadership invites a high guest of honour to celebrate the Republic Day. Initially it was planned that US President Joseph Biden would come to Delhi, but he, citing his busy schedule, could not come and then the Indians…