According to the Statistical Service of Kazakhstan, the total volume of goods transported by rail between Kazakhstan and China reached 23 million tons as early as 2022 and grew by a record 22 percent last year. In view of this high volume of freight traffic and the clear upward trend, the Kazakh authorities are having to invest heavily in the development of new railroads in order to serve the growing freight volumes and enable the rapid and efficient delivery of goods through the country…

The Scottish aristocrat and British Prime Minister (1963-1964) Sir Alec Douglas-Hume once said: “There are two problems in my life. The political problems are insoluble and the economic problems are incomprehensible.” His words also reflect very closely the economic realities of modern Turkey. Recep Erdoğan and his Justice and Development Party (AKP) came to power in 2002 amid an economic crisis and widespread criticism of the economic policies of the previous government, led by Bülent Ejavit, which had seen the country’s GDP fall by 10 percent…

Against the backdrop of the secondary sanctions adopted by the United States against countries that violate the embargo regime imposed on Russia, since the beginning of 2024 Turkey has started to take actions that are inconsistent with the course of the strategic partnership (at least in the sphere of trade and economic relations), willingly or unwillingly. In particular, we have witnessed the refusal of Turkish banks to accept payments from Russian legal entities and now from Turkish exporters of goods to the Russian market (except for agricultural products). Finally, some Turkish terminals have been refusing to accept…

On 22-23 January 2024, Turkmen Foreign Minister R. Meredow visited Japan. During this trip, meetings were held with the Japanese Foreign Minister, the Ministers of Digital Transformation; Land, Infrastructure, Transport and Tourism; Economy, Trade and Industry; representatives of Japanese business, the Director of the Foreign Trade Organisation of Japan and the Head of the Export Credit Organisation of Japan. The leitmotif of the talks was the cooperation…

You’ll find an important Russia-India story on page 28 of the Google News results, to care about what’s really happening between the two BRICS nations. Many reading this may not know that India’s Prime Minister Narendra Modi congratulated Vladimir Putin on his re-election as the President of the Russian Federation and announced the deepening of a strategic partnership between the two countries. Russia and India – strategic partners – isn’t that page one New York Times stuff? Well, no…

Mongolia adopted its 2024 budget law on October 1, 2023. As part of the preparations for the budget law, an extensive preparatory review of the 2023 figures was performed. These were correlated with the spending plans for 2024, 2025 and 2026, and the results were summarized in a special report published by Mongolia’s Ministry of Finance. The report is primarily a breakdown of Mongolia’s draft budget for 2024. As for the budget itself, the following points made in the report are worthy of note…

The Prime Minister of Mongolia, Luvsannamsrain Oyun-Erdene, attended the World Economic Forum in Davos, Switzerland, from 15 to 19 January. This article provides an overview of the Mongolian representative’s activities at the event – with a slightly more detailed analysis of the objectives of the official meetings he held during these four days. On 4 January 2024, it became known that the country’s Prime Minister would be attending the Davos Forum: the announcement of this decision…

In 2023, the load on Kazakhstan’s Caspian ports increased by almost 10% to 6.5 million tonnes. This is still far from their maximum capacity of 21 million tonnes. Nevertheless, the country’s leadership has concerns about limiting the transport capacity of the lake in case of further shoaling of its northern sections. The costs of such circumstances promise to be significant. In this regard, in addition to the development of the Middle Corridor (ТМТМ) and dredging…

From the very beginning of the Special Military Operation, Japan has taken one of the harshest anti-Russian positions, imposing several sets of sanctions, regularly updating them and adding new ones (curiously, there is currently no postal communication between Russia and Japan). At the same time, Japan has repeatedly condemned our country’s Special Military Operation and emphasised its commitment to fully support Ukraine and the Zelenskyy regime. But is everything so unambiguous?

Libya’s favorable geographical location (primarily access to the Mediterranean Sea) and rich oil and gas resources attract many key global and regional players, and Türkiye is no exception. Ankara is known to show special attention to Tripoli in the context of strengthening its regional position and gaining access to Libya’s oil and gas resources. President Recep Tayyip Erdoğan chose the president’s side in the civil conflict between…

In an exclusive interview with Tehran Times, the deputy head of the Atomic Energy Organization of Iran (AEOI), Pejman Shirmardi, rejected claims that his country’s nuclear program is not fully transparent. “From day one, we have made it clear that our nuclear activities are exclusively peaceful. Every time the IAEA has asked us for clarification, we have given them answers. Nothing has changed. Tell us what part of our nuclear program isn’t transparent, and we will prove that it is. As the leader of the Islamic Revolution once said…

In today’s world, tensions in international relations have risen sharply, with the US and its allies doing all they can to maintain their dominance and gain positions in the economy. Neo-colonial exploitation has led to the accumulation of enormous wealth in the West at the expense of developing countries. The world has faced several crises. First a pandemic hit our wallets, then a geopolitical conflict, natural disasters…