Latest Articles about Trade

Ukraine Aspires to Become Arsenal to the West

Executive Summary: Since the beginning of Russia’s war in 2022, Ukraine has been rapidly transitioning from importing arms to producing them domestically and is working toward becoming a significant player in the global arms market. Ukraine is expanding its production capacity for critical technologies such... MORE

Pakistan Strengthens Azerbaijan’s Military Muscle

Executive Summary: Azerbaijan and Pakistan signed a $1.6 billion arms deal in September to supply Azerbaijan with the joint Pakistani-Chinese JF-17 Thunder Block III fighter jets, strengthening the military partnership between Islamabad and Baku. In the last several years, Baku has been diversifying its international... MORE

Türkiye-Russia Trade Declines Amid Western Sanctions

Executive Summary: Trade between Russia and Türkiye has dropped significantly in 2024 due to Western sanctions, indicating a weakening economic partnership as Russia’s war in Ukraine continues to isolate it from global partners. Ankara is increasingly aligning with Western powers, as evidenced by the postponement... MORE

Moscow and Islamabad Discuss LNG Cooperation

Executive Summary: Pakistan and Russia are discussing a potential liquefied natural gas pipeline (LNG) to deliver Russian LNG to Pakistan, opening another market for Russia’s sanctions-bound energy industry. Another project that Pakistan is working on is the Iran-Pakistan (IP) pipeline, which has faced numerous obstacles... MORE

China Enables Russia’s War of Aggression Against Ukraine

Executive Summary: Since the Kremlin began its full-scale invasion of Ukraine and the West imposed its sanctions against Moscow, Russia has been relying on China to supply materials to maintain its military-industrial complex. China does not wish to see Russia defeated as this would set... MORE