Latest Articles about Economics

Whatever Happened to Russia’s Korea Projects?

In August 2011, Russia signed what appeared to be a momentous agreement with North Korea (Democratic People’s Republic of Korea—DPRK), an accord that marked Kim Jong Il’s last great foreign policy accomplishment. North Korea’s Supreme Leader’s last major foreign policy initiative was the August summit... MORE

Kazakhstan-Turkey Presidential Summit Deepens Economic Ties

On October 10–11, Kazakhstan’s President Nursultan Nazarbayev conducted an official visit to Turkey, which focused on deepening economic ties between these already strong partners. The main event was the first meeting of the High Level Strategic Cooperation Council, which was established after Prime Minister Recep... MORE

Russia Mulls Tax Breaks to Encourage Far Eastern Development

The Russian federal government pledged to expedite development of the country’s Far Eastern regions by offering new tax incentives to local businesses and investors. In the meantime, the regional authorities indicated interest in keeping a greater share of the tax revenue. In a sign that... MORE

Russia: Belarus’s Economic Lifeline and Cultural Magnet

To Belarus, Russia is not just the “meaningful other.” It provides an existential lifeline to Belarus as a de facto custodian of Belarus’s socio-economic model and a cultural magnet of sorts. It was only after Russia dropped the price of natural gas sold to Belarus... MORE

Russia Struggles to Lure Tajikistan into the Customs Union

Russian officials reiterated pledges to boost economic cooperation with Tajikistan. Meanwhile, the authorities in Dushanbe seemed to remain hesitant on some issues, notably the country’s possible membership in the Russian-led economic grouping, the Customs Union of Russia, Belarus and Kazakhstan. When Russian President Vladimir Putin... MORE

Foreign Businesses in China: Out on a Limb?

Even when Chinese relations with major trading partners are stable, arbitrary actions by the host government against foreign businesses in China have not been uncommon. At present, China’s relations with Japan, the United States and several other nations seem on an uncertain trajectory—a state of... MORE

Kazakhstan Aims to Modernize its Energy Sector

On October 2 and 3, Kazakhstan’s capital hosted an annual gathering of the Kazenergy Association, which is comprised of 50 of the biggest players in the oil and gas sectors as well as the non-hydrocarbon sector, including foreign and domestic companies. The association was created... MORE