Archives Economic cooperation - Page 27 of 53 - New Eastern Outlook

Two South Asian neighbors, Iran and Pakistan, had been planning to construct a gas pipeline between the two sides since the 1990s. The two sides finally decided to construct the pipeline in the 2^nd decade of the century. Since then, the US sanctions on Iran are proving formidable for the completion of this project. Recently, the two sides once again decided to resume and complete this project. However, the United States have once again warned Pakistan of economic sanctions if it resumed the construction of the project.

When it comes to estimating the health of China’s economy, including its exports, most Western political and economic pundits tend to look at Chinese trade and economic relations with the West (the US and the EU) mainly. In making these assessments, these pundits quite often ignore China’s trade ties with the ‘Global South’ (ASEAN, South Asia, Middle East, Africa, Central Asia, Latin America, etc.) and the impact this trade has on the growth of China’s political and economic influence worldwide.

On June 18-19, 2024, Russian President Vladimir Putin visit North Korea at the invitation of Supreme Leader and friend Kim Jong Un. The visit was a landmark event not only for bilateral relations, but perhaps even for the entire existing security architecture…