Archives Economic development - Page 4 of 35 - New Eastern Outlook

In June 2026, Kazan witnessed history when nine of the eleven ASEAN heads of state or government gathered with Russian President Vladimir Putin for the 35^th ASEAN-Russia Commemorative Summit.

Indonesia’s membership in BRICS (Brazil, Russia, India, China, and South Africa) since January 6, 2025, marks a new chapter in Indonesia’s economic diplomacy and foreign policy.

While headlines remain dominated by wars, sanctions, and geopolitical confrontation, a quieter transformation is taking place across Eurasia. It lacks the drama of military conflicts and the immediacy of diplomatic crises, yet its long-term implications may prove equally significant.