On October 30, Poland announced its intention to privatize the state-owned majority stake in the country’s second-largest oil industry concern, Lotos Group. The Polish government is inviting interested parties to pre-tender talks on the Lotos Group. The government has already talked with the Russian government... MORE

Turkey and Mongolia held their sixth Joint Economic Commission (JEC) meeting in Ulaanbaatar on October 26. Deputy Prime Minister, Bulent Arinc, headed the Turkish delegation, and Mongolia’s Environment and Tourism Minister, Luimed Gansukh, signed a memorandum of understanding to boost economic and commercial relations. Related... MORE

The Kremlin has repeatedly pledged to implement sizable infrastructure development projects in Mongolia. However, new Russian projects in this neighboring state have tended to be slow to materialize. In an apparent bid to speed up joint projects, in early October Russia and Mongolia moved to... MORE

Moscow has reiterated its pledges to develop the Russian natural gas sector and significantly increase domestic production and exports. However, it remains to be seen whether Russia will be able to deliver on its permanently increasing gas output plans against a background of growing domestic... MORE

The lasting impact of the latest round of sanctions slapped on Iran in June by the United Nations Security Council followed by an additional and more stringent unilateral sanctions regime levied by the United States – the chief proponent of sanctions – and the European... MORE

September 27 marked the second visit by Azerbaijan’s President, Ilham Aliev to Uzbekistan since 2004. Meeting with Uzbek President, Islam Karimov, Aliev emphasized the high degree of bilateral political relations, while calling for a boost in their lagging economic relationship (www.ru.trend.az, September 29; www.rian.ru,  September... MORE

Russia has sought to expand its trade with China in an apparent bid to prop up what was officially denoted as the strategic partnership between the two nations. Meanwhile, as bilateral trade recovered, China has regained a surplus in its trade with Russia. The official... MORE

In China’s quest to secure raw materials, resources and markets, Beijing has laid out a sophisticated blueprint to develop a region-wide transit corridor throughout the subcontinent. In the Himalayas, it has built rail, road and air networks that can support the Chinese military’s logistic supply... MORE

On September 3, the Ukrainian government presented a tax reform which should make the country more attractive to foreign investors and promote economic reform. Prime Minister, Mykola Azarov, stated that Ukrainian taxes would “probably be the lowest in Europe” (UT1, September 3). Several of the... MORE

The Caspian region is becoming enmeshed in a web of overlapping political, military, trade and energy interests of countries extending from Asia, to the Middle East, to Russia, to Europe. Given the rising instability of Middle East energy supplies, the Caspian basin has emerged in... MORE