Latest Articles about Economics
Medvedev Tries To Rescue His Presidency
Political agitation in Russia reached a new high on March 30, during a routine meeting of the Commission for Modernization of Economy, where President Dmitry Medvedev instead of promising more money for innovations started with an assessment of the investment climate: “It is very bad,... MORE
Russia and Kazakhstan Boost Bilateral Trade and Energy
The leadership of both Russia and Kazakhstan has announced plans to further develop their energy partnership. However, the two former Soviet allies remain slow to finalize some of their energy projects. Meanwhile, bilateral trade and Russia’s trade surplus has increased.During a meeting in Moscow on... MORE
Ukraine Sends Mixed Signals on Free Trade With The EU, Russia
Ukraine finds it increasingly difficult to balance its relations between the European Union and Russia, which are viewed in Kyiv as equally important trading partners. While talks on political association and free trade with the EU slowed somewhat recently, Moscow is stepping up its pressure... MORE
Belarus Resists Integration With Russia as Pressure Grows
On March 15, the Russian and Kazakh Prime Ministers, Vladimir Putin and Karim Masimov, visited Minsk for trade and energy talks with their Belarusian counterpart, Mikhail Myasnikovich, under the auspices of the Common Economic Space (CES). Additionally, Putin held a personal meeting with Belarusian President... MORE
Beijing’s Blueprint for Tackling Mass Incidents and Social Management
China’s previous five-year plans were generally focused on the economy and little else. Yet, the outline of the 12th Five-Year Blueprint on Economic and Social Development for 2011 to 2015 (hereafter Blueprint), which was released at the end of the National People’s Congress (NPC) last... MORE
Russia’s WTO Membership On Track or Not?
On March 10, Russia and Georgia held their first meeting in a new round of negotiations over Russia’s World Trade Organization (WTO) bid. Maxim Medvedkov, Russia’s chief negotiator, and Tamar Kovziridze, the Georgian prime minister’s senior aide and long time negotiator over WTO issues, held... MORE
China Seeks Uranium Ore in Kazakhstan
Future prospects for cooperation between China and Kazakhstan were high on the agenda during President Nursultan Nazarbayev’s visit to Beijing on February 21. This overshadowed all other complicated and long-drawn out issues like the water sharing on Ili and Irtysh Rivers, on which a preliminary... MORE
Ukraine Sells Fixed-Line Operator to Austrian Investment Company
On March 11, the government privatization agency State Property Fund (SPF) signed documents selling 92.8 percent of the fixed-line operator Ukrtelecom shares to ESU, the Ukrainian daughter of the Austrian company EPIC (European Privatization and Investment Corporation). This is the biggest privatization deal since 2005,... MORE
Russian Energy Projects in the Black Sea Reach End of an Era
Turkish Prime Minister, Recep Tayyip Erdogan’s, March 16-17 Russia visit capped a four-week period of spectacular changes to Russian energy transit projects, in the Black Sea and beyond. During these critical weeks, Russia abandoned the Trans-Balkan (Burgas-Alexandropoulos) oil pipeline project, which it had planned for... MORE
Erdogan’s Moscow Visit Produces Mixed Results
On March 15, Turkish Prime Minister, Recep Tayyip Erdogan, accompanied by a large delegation of businessmen and cabinet members, travelled to Moscow. Though on balance it produced mixed results, the visit constitutes yet another major step in the flourishing Turkish-Russian ties, characterized as a multi-dimensional... MORE