Latest Articles about Economics

Making Sense of China’s Caribbean Policy
While the world's attention focuses on the Belt and Road Initiative (BRI) connecting China with Eurasia and Africa, China is also making major investments in the Caribbean. In September 2016 the China Harbor Engineering Company (中国港湾工程有限责任公司) agreed to build a mega-port in Jamaica that would... MORE

The Bloom Comes off the Arctic Rose
For about a decade, the Arctic has been a showpiece of Russian policy. And with the Vladimir Putin regime’s displayed proclivity for engaging in vast “mega-projects” like the Sochi Olympics, the Arctic had been in a class of its own as a multi-year economic and... MORE

Russo-Sino-Mongolian Transit and Infrastructure Cooperation and Mongolia’s New President
On July 10, Mongolia swore in its new president, Khaltmaa Battulga—a former professional judo wrestler, wealthy businessman, former Democratic Party (DP) parliamentarian, and former minister of transportation and construction (2008–2012). It was widely expected that the Mongolian People’s Party (MPP) candidate, Parliamentary Speaker Miyeegombo Enkhbold,... MORE

The South-West Transport Corridor Project and the Geopolitical Reshaping of the South Caucasus
Baku hosted the first joint gathering of the heads of the railway administrations of Iran, Azerbaijan, Georgia, Ukraine and Poland, on June 19. The meeting was dedicated to the newly-launched “South-West Transport Corridor,” which links into the broader Trans-Caspian International Route project launched in 2016.... MORE

Corruption Spoils Every Attempt to Cooperate With Russia
Following the long-expected July 7 meeting between United States President Donald Trump and Russian President Vladimir Putin, at the G20 summit in Hamburg, Germany, the main tangible result was the ceasefire in the southwestern corner of Syria. But this “deliverable” is of little, if any,... MORE

Uzbekistan Alters Its Vision for Afghanistan
After the change of leadership in Uzbekistan, it has been widely acknowledged that the country’s new president, Shavkat Mirziyaev, is pursuing a more proactive and constructive regional diplomacy in Central Asia than his predecessor (see EDM, October 26, 2016; December 15, 2016). Along with Mirziyaev’s... MORE

Armenian Government Must Choose Between Energy Diversification and Loyalty to Russia
In mid-June, the CEO of Russia’s gas monopolist Gazprom, Alexei Miller, paid a spontaneous visit to Yerevan, where he met with Armenia’s Prime Minister Karen Karapetyan. Official information about the meeting is rather scarce. Besides mutually exchanged compliments, reports mention plans for the exploitation of... MORE

Georgian-Chinese FTA: A Trade Agreement With Caveats
When the Minister of Commerce of the People’s Republic of China (PRC) Zhong Shan and Georgia’s Minister of Economy Giorgi Gakharia signed a bilateral Free Trade Agreement (FTA) in Shanghai, on May 13, it all looked good on paper. Following a seven-month-long process of final-stage... MORE

Strategic Partnership Agreement: A New Chapter in EU-Azerbaijan Relations
On June 13–14, the European Union and Azerbaijan held another round of talks on the Strategic Partnership Agreement (SPA). Those ongoing discussions were first inaugurated on February 6, with the official visit of Azerbaijani President Ilham Aliyev to Brussels. Azerbaijan’s Ministry of Foreign Affairs (MFA)... MORE

Naftohaz Ukrainy Hopes for Final Victory Over Gazprom in International Court
The Arbitration Institute of the Stockholm Chamber of Commerce has preliminarily ruled in favor of the Ukrainian state-owned oil and gas firm Naftohaz Ukrainy over Russian Gazprom’s claims regarding its natural gas supply. The same court is yet to rule on another contract between Naftohaz... MORE