Latest Articles about Economics
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The Future of Russian-Uzbekistani Energy Relations
In February 2023, Uzbekistani President Shavkat Mirziyoyev announced an energy package valued at over $1 billion to ease the country’s heating and electricity needs (Tashkent Times, February 8). In this, while Russia is considered a key player in providing Tashkent with much-needed oil and natural... MORE
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Russia Risks Losing Its Dominance Over Arctic Sea Route to China and Turkey
In a development with enormous consequences both for international trade and for Moscow’s control of its far-flung regions across the country’s northern third—places not linked to the center by roads or railways—the Russian Federation is rapidly losing its historical dominance over the Northern Sea Route... MORE
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Central African Republic Mine Attack: Can China Protect its Overseas Nationals?
On March 19, gunmen stormed a gold mine near Bambari, in the heart of the Central African Republic (CAR), killing nine Chinese workers. The People’s Republic of China (PRC) Embassy in the CAR issued successive warnings for Chinese nationals to evacuate all areas outside of... MORE
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Wang Yi’s European Tour: China Seeks a Trans-Atlantic Wedge
Introduction On February 14, China’s senior-most diplomat, Politburo member and Director of the Office of the Central Foreign Affairs Commission Wang Yi embarked on a week-long tour of Europe, which culminated with a stop in Russia that paved the way for General Secretary Xi Jinping’s... MORE
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Beyond Arms and Ammunition: China, Russia and the Iran Back Channel
Introduction Along with Iran’s increasing involvement in supplying Russia’s war effort against Ukraine, a potential increase in Chinese support for Russia presents a challenge for both Kyiv and NATO (Eurasia Daily Monitor, March 6). Indeed, Western governments have recently expressed alarm over China’s potential provision... MORE
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Belarus and Iran: Minsk Goes Where Doors Are Open
On March 12 and 13, just ten days after his state visit to China (see EDM, March 16), Belarusian President Alyaksandr Lukashenka paid an official visit to Iran. For similar reasons with the visit to Beijing—that is, widespread speculation that Minsk might be joining Russian-Iranian... MORE
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Kazakhstan Exports Oil to Germany as Russia Keeps a Close Eye
After almost a two-month delay, on February 23, Kazakhstani company KazTransOil finally began exporting oil to Germany, sending the first shipment of 20,000 tons of Kazakhstani oil (Biz Media, February 27). In enabling this supply, Kazakhstan reached an agreement with Russian energy company Transneft to... MORE
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Amid Russia’s Problems, China Assumes a Larger Role in the Arctic
At the recent summit with Chinese President Xi Jinping, Russian President Vladimir Putin announced he was ready to establish a joint Chinese-Russian working group to develop the Northern Sea Route (NSR). However, the offer has not led to a new Chinese contract to purchase more... MORE
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Russia’s Mystery of Missile Defense
On March 22, Russian Minister of Defense Sergei Shoigu declared that Russia will complete the modernization of the missile defense system around Moscow by the end of 2023. He also announced the upcoming deployment of new units: one air defense division, one air defense brigade,... MORE
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Azerbaijan Strengthening Its Position in Europe’s Green Energy Market
On February 13, the groundbreaking ceremony was held in Baku for the largest thermal power station (TSP) yet to be built in Azerbaijan with a planned capacity of 1,280 megawatts (MW) (Apa.az, February 13). The project’s total value is estimated at around $400 million, which... MORE