Latest Articles about Economics
Failures of East Slavic Integration
In a surprising move, Belarusian President Alyaksandr Lukashenka did not end up going to Kiev, Ukraine, to celebrate the 1025th anniversary of the baptism of Rus, a common legacy of Russia, Belarus and Ukraine, solemnly celebrated in all the three East Slavic countries (https://naviny.by/rubrics/politic/2013/07/30/ic_articles_112_182507/). Observers... MORE
Asian Neighbors React to Mongolian Presidential Election
Mongolia is in the midst of its traditional summer holiday slumber following its national naadam celebration from July 9–11. But the fact that Tsakhiagiin Elbegdorj of the Democratic Party won a second term as president of Mongolia on June 26 (see EDM, July 8) has... MORE
Minsk’s Defense Against Russian Tycoon Takeovers
The Belarusian parliament has selectively revived the so-called “golden share” rule that applied between 1997 and 2008. According to that rule, the state’s representatives on the board of directors of any privately owned enterprise could block various decisions made by its management team. The existence... MORE
North Caucasus Tourism Project Is Failing Where It Is Needed Most
On July 27, President Vladimir Putin met in Moscow with Aleksandr Khloponin, his plenipotentiary representative in the North Caucasian Federal District. Khloponin informed the Russian president about his work to improve the socio-economic and political situation in this volatile region (https://kremlin.ru/news/16066). He boasted of cutting... MORE
Zhanaozen’s Economic Prospects Improve
A strike by 200 workers at the Kashagan oil field on July 7–8 went almost unnoticed because the dispute was resolved in record time. When 200 employees of CAPE Industrial Services demanded severance payment for their ending employment, high-level officials from Atyrau in Western Kazakhstan... MORE
Opposition to Customs Union Grows Across Eurasia
While the Customs Union between Russia, Belarus and Kazakhstan is seeking to expand its membership, paving the way for the gradual incorporation of the Kyrgyz Republic and Ukraine into its integration orbit, opposition in these countries to the Eurasian integration project has been steadily rising.Several... MORE
Georgia’s Reset and Russia’s Response (Part Three)
Prime Minister Bidzina Ivanishvili supervises Georgia’s policy toward Russia through his special envoy, veteran diplomat Zurab Abashidze. This appointment has led to the establishment of a bilateral negotiating channel between Abashidze and Russia’s Deputy Foreign Affairs Minister and State Secretary Grigory Karasin. In the absence... MORE
China as Tajikistan’s ‘Lender of Last Resort’
On May 19–20, the President of Tajikistan Emomalii Rahmon paid a state visit to China where he had talks with his Chinese counterpart, Xi Jinping, and with several heads of Chinese state corporations. Rahmon’s official visit resulted in several multi-million-dollar investment projects in the infrastructure,... MORE
Russia, Kazakhstan and Belarus Endorse Further Integration, but Obstacles Remain
On May 29, the presidents of Russia, Belarus, Kazakhstan, Kyrgyzstan and Ukraine met in Astana to participate in a scheduled meeting of the Supreme Economic Council of the Eurasian Economic Community (EurAsEC), established in 2001. Since Moscow, Minsk and Astana have lately been engaged in... MORE
Toppling the Fellow Sufferers
All too often, the more significant pieces of news from Belarus are not the ones that are discussed most frequently and voluminously. The second half of May has been no exception. For example, on May 18, the official news agency Belta briefly reported on an... MORE