Latest Articles about Economics
India’s Dilemmas in Engaging the Taliban in Afghanistan: Too Little, Too Late?
On November 10, India hosted the Third Regional Security Dialogue on Afghanistan, which saw the participation of National Security Advisers from India, Iran, Russia and three Central Asian states. Given the long-running India-Pakistan battle for influence in Afghanistan and ongoing Sino-Indian border tensions, Pakistan and... MORE
Ukraine Signs on to Joint Hydrogen Projects With European Firms
On December 1, Ukrainian state-owned oil and natural gas major NAK Naftogaz joined the European Clean Hydrogen Alliance (ECH2A)—the pan-European industrial coalition promoting clean hydrogen (H2) investments (Naftogaz.com, December 1). The move should be seen as further confirmation of Ukraine’s willingness to export hydrogen to... MORE
The Iranian-Turkish Cooperation Roadmap: A Solution to Resolving Bilateral Problems and Tensions?
In recent months, Turkey and Iran seized an opportunity to try to reduce their long-running multifaceted tensions. Despite geopolitical and security-related frictions, the bilateral relationship is rosier when it comes to business and people-to-people ties. Iran is among the highest sources of tourists to Turkey... MORE
Regional Tensions Could Trigger Energy Deficit in Karabakh
Last September, long-brewing strains between Iran and Azerbaijan reached an unprecedented level, resulting in the deployment of troops and large-scale military drills by both sides. The most immediate trigger was the Azerbaijani authorities’ arrest of two Iranian truck drivers on Armenia’s Goris–Kapan highway (which partially... MORE
In Istanbul, Turkic Council Members Eye Closer Cooperation and Deeper Integration
On November 12, Istanbul hosted the eighth summit of the Cooperation Council of Turkic Speaking States (Turkic Council), attended by the leaders of member states Turkey, Azerbaijan, Uzbekistan, Kyrgyzstan and Kazakhstan, and of observer states Hungary and Turkmenistan (Turkkon.org, November 12). The summit, dedicated this... MORE
The Karabakh Air Gate Opens: Future Prospects for Fuzuli Airport
Late last month (October 26), Azerbaijani President Ilham Aliyev and his Turkish counterpart, Recep Tayyip Erdoğan, together inaugurated the Fuzuli International Airport, in Azerbaijan’s recently liberated city of Fuzuli, in Karabakh. This is the first airport built by Azerbaijan in the areas retaken as a... MORE
Russia and Belarus Sign a Package of Union State Programs
On November 4, Belarusian President Alyaksandr Lukashenka signed a package of 28 Union State programs, formerly called “road maps,” for economic integration with Russia. “Clearly spelled out in the Union programs are the formation of joint sectoral markets, the implementation of a harmonized financial, tax,... MORE
Economic Interests at Core of Uzbekistan’s Pragmatic Approach Toward Taliban
Since the Taliban seized control of Afghanistan in mid-August, it has struggled to win friends. Achieving international recognition and acceptance still remains an uphill challenge, subject to its ability and, perhaps, willingness to meet the international community’s expectations. The ultra-conservative Islam the Taliban preaches and... MORE
Unfortunate but Inevitable: Moldova’s Gas Supply Agreement With the Kremlin and Gazprom
On October 29, Moscow and Chisinau agreed on a conditional resumption of Russian natural gas supplies to Moldova as of October 30. The Russian side had curtailed gas supplies to Moldova by one third in October, and threatened to discontinue the supplies altogether by December... MORE
Russian LNG Shipments to India: Strategic Implications and Long-Term Prospects
In late September, Russia’s first Floating Storage Regasification Unit (FSRU)—specifically designed for emergency transportation of liquefied natural gas (LNG) via the Baltic Sea to Kaliningrad Oblast—successfully delivered its initial load of LNG from the Yamal LNG production facility to India’s Dabhol seaport. The vessel, called... MORE