Latest Articles about Economics
China’s New Foreign Investment Law: Quick Passage after a Long Wait
Introduction On March 15th, the National People’s Congress (NPC) of the People’s Republic of China (PRC) formally passed a new Foreign Investment Law (waishang touzi fa, 外商投资法) to govern the increasingly complex issues surrounding foreign direct investment (FDI) in the country. According to the state... MORE
China’s Policy Towards a Venezuela in Crisis
Introduction Amid the ongoing crisis in Venezuela—in which the country faces not only economic meltdown, but also a division between two rival presidents, in the persons of incumbent President Nicolas Maduro and opposition leader Juan Guaido—the People’s Republic of China (PRC) remains one of the... MORE
China’s Plan for Railway to Uzbekistan Is Transforming Central Asian Geopolitics
Chinese plans to construct a railway from Xinjiang through Kyrgyzstan to Uzbekistan and onward to Turkmenistan will, if realized, transform the geopolitical situation in the region. This rail corridor promises to open up new possibilities for regional countries to bypass Russia in pursuit of foreign... MORE
Iran and Azerbaijan Proceed With Rapprochement as Diplomatic Exchanges Multiply
Iranian-Azerbaijani relations have been firmly on track toward rapprochement since the election of President Hassan Rouhani in Iran and the subsequent progress on the nuclear deal and lifting of Western sanctions. In the last five years, the presidents of Azerbaijan and Iran met 12 times,... MORE
Fifth Anniversary of the Land Grab That Cost Russia Its Future
By mid-March 2014, Russian “little green men” took full control of Ukraine’s Crimean Peninsula. And on March 18, President Vladimir Putin made a jubilant address to the Russian Federation Council (upper chamber of parliament) on the “reunification” with Crimea, asserting, “In people’s hearts and minds,... MORE
Georgian President Travels to Europe, Confirms Her Country’s Pro-Western Course
The newly elected president of Georgia, Salome Zurabishvili, is using the first hundred days of her presidency to demonstrate her country’s ongoing commitment to integration into Euro-Atlantic structures. This was recently clearly evidenced by her visits to Brussels, Paris and Berlin. Some experts believe that... MORE
In Uzbekistan, Western Powers Compete for Influence With Russia
Since Shavket Mirziyoyev’s succession of Islam Karimov as president in 2016, concerns have been mounting regarding the apparently growing ties between Russian and Uzbekistan. Indeed, Uzbekistani-Russian cooperation has been intensifying, reinforced by multi-day official visits by both President Mirziyoyev to Russia in April 2017 and... MORE
Baku and Tbilisi Reassert Their Strategic Partnership After Election of New Georgian President
Newly elected Georgian President Salome Zourabichvili made her first regional visit to the neighboring country of Azerbaijan. Her trip was of critical importance in terms of both bilateral relations and wider geopolitical developments in the South Caucasus. Specifically, Zourabichvili’s arrival in Baku, on February 27,... MORE
Belarus-EU Relations: Uneven Rapprochement
The first three months of 2019 already saw a series of positive developments in the normalization of relations between Belarus and the European Union. Yet, the process remains not only slow, but also contradictory. This is one of the conclusions that came out of a... MORE
Ukrainian Space Sector Anticipates Big Changes
On February 27, during a meeting between Ukraine’s ambassador to the United States, Valeriy Chaly, and the head of the National Aeronautical Space Administration (NASA), James Bridenstine, the US side expressed interest in including Ukrainian companies in projects pertaining to lunar exploration (Tvzvezda.ru, February 28).... MORE