Executive Summary: After nearly 25 years, Russia is closest to constructing a new mining and processing plant at the Pavlovskoye lead-zinc deposit in the Arctic archipelago of Novaya Zemlya. The Pavlovskoye project was abandoned after Western sanctions caused Finnish companies to withdraw participation in construction... MORE

Executive Summary: The maiden Arctic voyage of the Istanbul Bridge from the People’s Republic of China (PRC) to the U.K. via Russia’s Northern Sea Route (NSR) halved transit time to 20 days, signaling potentially growing PRC–Russian cooperation in Arctic trade corridors. Despite the advantages of... MORE

Executive Summary: The People’s Republic of China’s (PRC) influence in Central Asia is growing, and it presents a greater challenge to Russia, the traditional regional hegemon, through multilateral summits such as the Shanghai Cooperation Organization (SCO) and the China–Central Asia Summit. PRC–Central Asia cooperation is... MORE

Executive Summary: Uzbekistan’s plans to build infrastructure facilities at the Iranian Chabahar port to gain direct access to the Indian Ocean have not been implemented, indicating Tashkent’s possibly cautious approach to this issue. New Delhi is strengthening its economic ties with Russia and the People’s... MORE

Executive Summary: Uzbekistan is pursuing nuclear power cooperation with both Russia and the People’s Republic of China (PRC), aiming to become a nuclear energy hub in Central Asia. Tashkent is hedging against risks in working with Moscow due to Russia’s weakened economic position amid international... MORE

Executive Summary: Russia has become increasingly dependent on trade with the People’s Republic of China (PRC) since its full-scale invasion of Ukraine in 2022, with more than a third of Russia’s total trade turnover being generated by the PRC. The recent memorandum on the development... MORE

Executive Summary: Tibet’s Yarlung Tsangpo hydropower project, which broke ground in July, is set to become the world’s largest hydrpower installation. Officials see it as a key pillar of the PRC’s energy sovereignty and a step toward implementing the “total national security concept” and the... MORE

Executive Summary: Ukraine’s soaring fiscal deficit, trade imbalances, and stalled reforms undermine post-war reconstruction planning. Foreign investments critical for recovery are also deterred by judicial inefficiencies, incomplete energy sector reforms, and entrenched corruption.  Uncertain financial aid, monetary instability, and mismanaged state assets limit prospects for... MORE

(Part One) Executive Summary: Kazakhstan has awarded leadership of an international consortium to construct the country’s first nuclear power plant to Russian state-owned nuclear corporation Rosatom. At the same time, Astana is courting Chinese nuclear, uranium, and water infrastructure companies to counterbalance Russia’s role. Kazakhstan’s... MORE

(Part Two) Executive Summary: Kazakhstan has selected Russia’s Rosatom to construct its first post-Soviet nuclear power plant (NPP), despite earlier indications that China’s CNNC would win the bid. A second plant may still be awarded to CNNC. Environmental risks, particularly regarding Kazakhstan’s nuclear legacy, the... MORE