Latest Articles about Economic Diplomacy

Russia’s Diamond Industry Under Pressure of Stricter Sanctions

Executive Summary: EU member states and other Western powers have introduced restrictive sanctions against Russia’s diamond-producing industry, a major contributor to the Russian economy, such as restrictions against the import of Russian diamonds directly or from other countries. Other diamond-producing countries, many of which are... MORE

Türkiye Demonstrates Increased Interest in BRICS Membership

Executive Summary:  In June, Turkish Foreign Minister Hakan Fidan met with Russian President Vladimir Putin to discuss, among other issues, Türkiye’s prospective membership in the loose-economic grouping of BRICS, which Putin “fully supports.” The impetus for BRICS expansion has grown significantly amid Russia’s full-scale invasion... MORE

Beijing Pushes Local Censorship to Protect PRC Companies in the Kyrgyz Republic

Executive Summary: Beijing pressures the Kyrgyz government to censor voices criticizing the People’s Republic of China (PRC), its companies, and its citizens within the Kyrgyz Republic. As PRC companies have expanded in country—particularly in the mining sector—extensive environmental damage has provoked local protests. Some cultural... MORE

Georgia’s Anaklia Port and PRC Infrastructure Strategy

Executive Summary: The acquisition of a 49 percent stake in a Georgian port by a state-backed consortium advances the PRC’s global port strategy—the PRC currently owns stakes in over 90 ports). As Xi Jinping has stated, “to become rich, one must first build ports.” A... MORE

Uzbekistan to Increase Rare-Earth Production

Executive Summary: Uzbekistan’s President Shavkat Mirziyoyev has emphasized the development of the country’s rare-earth mining sector as a primary goal of his government due to the country’s massive reserves. Uzbekistan has begun to work with the European Union, United States, and United Kingdom to develop... MORE

PRC Pursuit of Geopolitical and Military Objectives in the South Pacific

Executive Summary: PRC investments and cooperation in the South Pacific enhance its military reach and ability to monitor strategic regions. This engagement serves not only economic interests but also significant geopolitical and security purposes, particularly in nations along key maritime and aerial routes. There is... MORE