Archives Economic cooperation - Page 30 of 35 - New Eastern Outlook

The most recent high-level talks held in Sochi between the presidents of Russia and Turkey received a great deal of attention in various world capitals. This interest has continued following the end of the summit, on September 4. Many experts unsure about what actually happened in the summit – did the two leaders just met to inform each other about their political agendas, or was any kind of agreement reached? Clearly, Erdoğan is not the kind of politician who makes a foreign trip accompanied by a delegation including…

The Western propaganda of ‘isolating’ Russia aside, there is little gainsaying that Russia’s global clout has increased manifold in the wake of its military conflict with Ukraine and its NATO allies. For the West, Russia’s exit from Europe (e.g., the European energy market) due to sanctions strangely meant ‘the end’ of the Russian economy, politics, and military strength and ‘the ultimate victory’ of the West. Surely, this was a gross miscalculation, as the West never possibly imagined a fundamental – and such a rapid – Russian economic relocation from the Global North to the Global South…

The first summit between the six member states of the Gulf Cooperation Council (GCC) and five Central Asian countries (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan) was held recently in the Saudi city of Jeddah, and generated considerable media interest in the Middle East. Observers in the region have described the summit as “historic,” “promising” and “having a great potential.” They cite the joint declaration approved in the final session of the summit. In this document the two groups of nations emphasize…