Archives Economic cooperation - New Eastern Outlook
05.05.2024 Tito Ben Saba

In line with the American strategy of “divide and rule”, characteristic of US hegemonic aims, the objective of Washington’s Chinese strategy is to compartmentalize rival geopolitical powers by exacerbating antagonisms, with the aim of breaking down geographical continuities, economic and security partnerships, and ideological affinities between the various regional blocs…

03.05.2024 Aleena Im

The US has always kept a close eye on China & Russia, since both countries always been proverbial thorns in the US’s side. However, the problem is the hypocrisy that the US displays in every move it makes. Throughout history, infiltrating (directly or indirectly) in the Philippines, Cuba, Nicaragua, Vietnam, Iraq, Syria, Egypt, Pakistan, and Libya, US intervention has always been about preserving its own interests in the name of ‘restoring democracy’…

02.05.2024 Abbas Hashemite

The visit of Iranian President Ebrahim Raisi to Pakistan, days after the Israeli attack on Iran, holds immense significance for multiple reasons. Iran is considered the strongest rival of Israel in the Middle East. However, Israel’s aid by regional countries in neutralizing Iranian missiles and drones fired by Iran posits that Iran does not enjoy significant relations with the regional countries…

25.04.2024 Salman Rafi Sheikh

US President Joe Biden is all set to host Turkey’s Erdoğan in the White House on the 9th of May. This visit is being seen by many as Biden’s attempt to woo an estranged NATO ally at a time when a) the US “war effort” against Russia in Ukraine has persistently failed to achieve desired results, i.e., a military defeat of Russia, and when Turkey is one leading country in the Middle East that has…

25.04.2024 Bair Danzanov

Last year saw a number of significant developments in China-Kazakhstan relations, including two official visits to China by Kassym-Jomart Tokayev, multi-billion dollar contracts, the promotion of transport and infrastructure initiatives, and an unprecedented 30 per cent growth in bilateral trade. Kazakhstan accounts for half of China’s trade and investment in the region, with trade turnover between Kazakhstan and China reaching an impressive $31 billion. By 2023, the volume of cargo between the two countries will have increased by 22 per cent to nearly 30 million tonnes…

23.04.2024 Taut Bataut

The International Monetary Fund (IMF) and Pakistan reached a staff-level agreement in March 2024 for the release of the remaining $1.1 billion out of the total $3 billion bailout package. The 9-month bailout package was sought by the Pakistani government last year to avert the sovereign debt. The country has been dependent on IMF loans for decades to fuel its staggering economy. This was Pakistan’s 24th engagement with the Washington-based lender…

20.04.2024 Salman Rafi Sheikh

As I recently wrote, US-China ties, following Biden’s recent call to Xi, are unlikely to see any major improvement and progress from what has been a tit-for-tat trade war for the past several years. In fact, the recent visit of the US Treasury Secretary Janet Yellen has done more than anything else to prove the fact that the US-China ties, regardless of who occupies the White House, will continue to be shaped by great power competition…

19.04.2024 Boris Kushhov

In mid-2023, as part of its preparation of the country’s 2024 budget, Mongolia’s Ministry of Finance prepared a number of documents containing assessments of national economic development prospects for the next three years.  These documents, which are available on Mongolia’s impressively comprehensive official database, allow observers to assess the Mongolian government’s views on their country’s development potential…

17.04.2024 Boris Kushhov

On March 21, 2024, in a formal event held at Astana Square in Almaty, the President of Kazakhstan, Kasym-Jomart Tokayev, congratulated all Kazakhstanis on the holiday of Nauryz. In his speech in the square, the President announced four strategically important national development projects, the promotion of which he designated as a key socio-economic priority for the republic in 2024. These are the reconstruction and modernization of the country’s transport infrastructure and heat and power network…

13.04.2024 Salman Rafi Sheikh

On the 2nd of April, US President Joe Biden had an almost two-hour-long phone call with China’s Xi Jinping, where both leaders discussed the future of US-China ties and issues that underpin it. A bone of contention was restrictions on the transfer of US technologies to China. While Biden argued that restrictions were meant to protect US “national security”, Xi pointed out that restrictions were hurting China’s smooth growth. But despite this clash, a key outcome of the phone call was Washington’s announcement that the US Treasury Secretary…

07.04.2024 Vladimir Terehov

Two weeks after the meeting of the Chinese parliament, commonly referred to as the “Two Sessions”, held in the first half of March this year, two equally noteworthy forum events were held in Beijing and immediately afterwards in the resort town of Boao (on Hainan Island), attended by Chinese and foreign experts. The main theme of the latter was the implementation of a fundamentally innovative trend in the country’s economic policy, the main provisions of which had been outlined by the Chinese…

05.04.2024 Boris Kushhov

According to the Statistical Service of Kazakhstan, the total volume of goods transported by rail between Kazakhstan and China reached 23 million tons as early as 2022 and grew by a record 22 percent last year. In view of this high volume of freight traffic and the clear upward trend, the Kazakh authorities are having to invest heavily in the development of new railroads in order to serve the growing freight volumes and enable the rapid and efficient delivery of goods through the country…