Latest Articles about Economics
Moldova Hands Over Chisinau International Airport to Russian Business in Exclusive, Non-Transparent Deal (Part One)
Moldova’s governing Pro-Europe Coalition is handing Chisinau International Airport over to the Komaks company from Khabarovsk, eastern Siberia, in association with a company belonging to Russian tycoon Oleg Deripaska. The Khabarovsk company is headed by a “former” officer of the KGB and the Federal Security... MORE
CASA-1000 Project Moves Forward Despite Security Risks
On September 16–17, officials from Kyrgyzstan, Tajikistan, Pakistan and Afghanistan met in Islamabad to sign a Resolution on Contracting Structure and Commercial Principles in the effort to launch the CASA-1000 trade and energy project in 2014. The parties hope CASA-1000 will help bring electricity from... MORE
Uzbekistan Resists Falling Under Russia’s Economic Hegemony
In an unexpected move, Uzbekistan signed an agreement on joining the Russia-driven Free Trade Zone (FTZ) of the Commonwealth of Independent States (CIS) on May 31, 2013. The agreement, seen as a precursor to more serious regional integration, such as joining the Customs Union and... MORE
Russia and the Moldovan Communists’ Red October (Part Two)
Last month, the Kremlin snapped its fingers and Armenia turned its back on Europe literally overnight, choosing to join the Russia-led Customs Union instead of concluding association and free-trade agreements with the European Union (see EDM, September 6, 11, 18). The Russian government is almost... MORE
Chinese Investment in Kyrgyzstan Hampered by Unstable Business Climate
A joint declaration on strategic partnership was among several agreements that were signed following talks in Bishkek between visiting Chinese President Xi Jinping and his Kyrgyz Republic counterpart, Almazbek Atambaev, on September 11. Atambaev told reporters that the signed documents also include agreements on Chinese... MORE
Prime Minister Altankhuyag’s Visit to Tokyo: Fleshing out the Mongolian-Japanese Strategic Partnership
Mongolian Prime Minister Norov Altankhuyag’s September 11–14, 2013 trip to Japan, his first overseas visit since becoming head of government in 2012, underscored the new vibrancy in Mongolian-Japanese relations. This visit reciprocated the very successful one of Japanese Prime Minister Shinzo Abe to Ulaanbaatar in... MORE
Chinese Commercial Engagement with Guyana: The Challenges of Physical Presence and Political Change
For the People’s Republic of China, its relationship with Guyana has been one of its longest, most consistently close relationships in Latin America and the Caribbean. Yet, between June and August 2013, Chinese companies lost almost a billion dollars in work in the country, including... MORE
Li Keqiang, New Type Urbanist
Since coming into office in late 2013–early 2013, Chinese Premier Li Keqiang has staked out political territory as an advocate of economic reform. His signature policy initiative is a “new type of urbanization,” described by Xinhua as an effort to boost consumption by getting local... MORE
The Potash War and the Receding Breed of a Red Man
At the September 19 government “skull session” on current economic and foreign policy issues, President Alyaksandr Lukashenka made several statements devoted to the Belarusian-Russian potash war. “No rogues and scoundrels will be able to drive a wedge between the two presidents and the two peoples... MORE
A Business and a Pep Talk
Recent events around Belarus create the impression that if one assumes Belarus is a bridge between the two flanks of Europe, the traffic on that bridge is asymmetric. Serious business comes from its eastern end and nothing but reprimands and exhortations originate from the west.... MORE