Latest Articles about Economics

Russia Planning Year-Round Navigation of Northern Sea Route in Early 2024
Western sanctions and changes in climate are impelling Moscow to realize a dream dating back three centuries to the time of Tsar Peter the Great—an all-water route from the Barents Sea to the Pacific through Russia’s coastal Arctic waters. During a Kremlin video conference on... MORE

Growing Russian-Iranian Partnership Along the North-South Corridor
In a recent development, on May 17, Russia and Iran officially signed an agreement for the construction of the Rasht-Astara railway (Kremlin.ru, May 17). This railway project holds immense significance as it addresses a key missing link in the International North-South Transport Corridor (INSTC). The... MORE

Revival of TAPI Pipeline Project Brings Serious Geopolitical Implications for Russia
Turkmenistan and Pakistan continue their talks on the revival of the Turkmenistan–Afghanistan–Pakistan–India (TAPI) pipeline, and a bilateral meeting on the issue in Islamabad will be announced soon—possibly in late June 2023. For its part, Ashgabat is keen on moving ahead with the project, while energy-deficient... MORE

Lavrov Returns to Africa
Russian Foreign Minister Sergei Lavrov has engaged in vigorous activity in Africa and Latin America over the past six months. He visited Brazil, Cuba, Venezuela and Nicaragua in Latin America, while in Africa, the Russian minister traveled to South Africa twice, Eswatini, Angola, Eritrea, Mali,... MORE

China’s Role in the Modernization of Malawi’s Agriculture Sector
China has assumed a key role in the modernization of Malawi’s agriculture sector, which has made recent progress in enabling smallholder farmers to produce higher crop yields. The introduction of agricultural technologies used in vegetable, fruit, maize and rice production through the China Aid Project... MORE

Will France’s China Gamble Endanger Transatlantic Ties?
Introduction In April, French President Emmanuel Macron made a state visit to China. During Macron’s visit, the two sides signed a Sino-French joint statement that identified 51 priority areas for deepening cooperation, both bilaterally and through the EU (PRC Ministry of Foreign Affairs [FMPRC], April... MORE

Missile Defense in South Korea: Will President Yoon Heed China’s Concerns?
Introduction Earlier this week, some residents of Seoul, South Korea, received an emergency alert to prepare for a potential evacuation following military reports that North Korea had fired a projectile southward (Yonhap, May 31). The alerts, which stemmed from an errant North Korean satellite launch... MORE

Relations Between Kyrgyzstan and Russia Wax and Wane
On May 7–9, Kyrgyzstani President Sadyr Japarov paid an official visit to Russia. During the visit, besides meeting with Russian President Vladimir Putin, Japarov also sat down with Prime Minister Mikhail Mishustin and Vyacheslav Volodin, chairman of the Russian State Duma. Later, Volodin accompanied the... MORE

Kazakhstan’s Uranium Exacerbating Geopolitical Conflict in Eurasia
Kazakhstan is the largest producer and exporter of uranium globally, mining and exporting more than 40 percent of the world’s supply. Up to now, it has been the major supplier for Russia and before that the Soviet Union. But today, other countries are becoming involved,... MORE

Armenia’s Role in Helping Russia Circumvent Sanctions
On April 12, the United States Treasury Department’s Office of Foreign Assets Control (OFAC) placed more than 100 people and entities across over 20 countries on its sanctions list due to violations of US export controls in helping Russia with its war effort (Treasury.gov, April... MORE