Archives Economic cooperation - Page 52 of 54 - New Eastern Outlook

On May 31st, Vladimir Putin met with the President of the State of Eritrea, Isaias Afwerki, at the Kremlin. The meetup was ostensibly to fortify trade and economic cooperation between the East African nation and Russia. However, broader implications concerning the emerging multipolar world system are also at play. President Putin welcomed Eritrea’s president, noting that the occasion was Mr. Afwerki’s first visit to Moscow. Russia’s leader also said Eritrea’s celebration of 30 years of independence. However, the primary purpose of the meeting between Putin and Afwerki…

The upcoming session of the Council of the SCO Leaders in July will include discussions on boosting the usage of national currencies in trade between member nations. This topic was previously addressed, and a plan was established during the organization’s summit in Samarkand in September 2022. The SCO is currently one of the most extensive regional associations worldwide, providing unparalleled potential for collaboration between its participants on political, economic, security, humanitarian, and cultural matters. The organization is consistently evolving into a completely autonomous and self-sufficient structure, emerging…

Another wave of Western provocations cannot harm the Iranian regime. Instead of rapprochement with the West in order to ease the burden of anti-Iranian sanctions and to push its conditions under the Joint Comprehensive Plan of Action (JCPOA), Iran chose to increase its engagement with Russia and China after the start of Russia’s special military operation in Ukraine. This situation has brought the JCPOA negotiations in Vienna to a standstill. Consultations on the nuclear deal are in intensive therapy mode at best. Despite unprecedented pressure on Tehran and its economy from Western governments, Supreme Leader Ali Khamenei and his clerics and military…