Latest Articles about Economic Diplomacy
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India Launches Russian Stealth Frigates as New Delhi and Moscow Strengthen Defense Partnership
Executive Summary: Since February 2022, India and Russia have significantly expanded their military and defense cooperation, with New Delhi launching the first of two Russian-supplied advanced stealth frigates for the Indian Navy at the end of July. As Moscow struggles with defense exports due to... MORE
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Sanctions Deepen Kremlin Influence in Belarus and Strengthen Lukashenka Regime
Executive Summary: Western punitive sanctions against Belarus since 2020 may have done more to strengthen authoritarianism in Belarus and reinforce the country’s economic, political, informational, and military cooperation with Russia. Sanctions have negatively impacted the lives of ordinary citizens, making it harder to obtain visas,... MORE
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Military Supplies to Armenia Escalate Tensions in South Caucasus
Executive Summary: Armenia is making moves to distance itself from Russia and reduce economic and military dependence on Moscow through deals with other states, including France, India, and, allegedly, Iran. The expanding military supplies to Armenia are stirring up tensions with neighboring Azerbaijan and threatening... MORE
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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
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Armenia Looks West to Reduce Nuclear Energy Dependency on Russia
Executive Summary Armenia plans to replace its aging Soviet-era Metsamor nuclear reactor by 2036 and is currently engaged in talks with other countries, including Russia and the United States, to replace it. Armenian Security Council Secretary Armen Grigoryan announced that talks with the United States... MORE
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PRC Use of Middlemen to Circumvent US Government Export Controls: The Case of Suzhou Rebes Electronic
Executive Summary: The People’s Republic of China (PRC) has been relying on middlemen to obtain US technology for military programs, including hypersonic weapons. These intermediaries provide a flimsy cover for direct sales to military end-users, with some even openly listing military clients on their websites.... MORE
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Transformation of Caspian Sea Region Into Energy Hub Gaining Momentum (Part Two)
Executive Summary: The Caspian Sea region looks to become an international energy hub as the European Union seeks alternatives to its energy dependence on Russia through the export of natural gas from littoral Caspian Sea states. Moscow is concerned about the prospect of the Caspian... MORE
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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
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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
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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