Latest Articles about Economics

Tajik-Iranian Ties Flourish
Iran has steadily expanded its economic position in Tajikistan since the start of 2011. In February, a private Iranian company signed an agreement with the Tajik Ministry of Energy and Industry (MEI), pledging to build a large cement plant in Tajikistan’s southern Khatlon province. When... MORE

US Foreign Aid To Central Asia Reveals Washington’s Regional Priorities
As with other great powers, today or in history, the United States has been pressured to balance ends and means to retain its influence in the world, currently marked by power shifts away from the West. The government’s proposed budget of $3.73 trillion for 2012... MORE

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