Archives Economic development - Page 15 of 36 - New Eastern Outlook

The idea of the «Zangezur Corridor» was formally consolidated in the trilateral online statement of November 9, 2020, and subsequent declarations by the leaders of Azerbaijan, Armenia and Russia.

In the contemporary International Relations, the automobile manufacturing is one of the most important yet profit-making business, providing numerous jobs, and a pivotal aspect of enhancing research and development. However, with the growing geopolitical tensions, enhanced protectionism, and the revival of nationalism; the value of automobile manufacturing has become a matter of national pride and national identity. It is understandable that states take great pride in their national and indigenous carmakers, and consider them to be a part of their national identity, power, and prestige.

Decades of diametrically opposed courses

In 1988, a young professor of international relations at Fudan University in China travelled the length and breadth of the USA for half a year. He wanted to understand that great country in depth, at a time when the Soviet Union was coming to an end, Japan was challenging the US for the status of the world’s leading economy and the latter was intensifying its neoliberal process begun in the 70s.