Latest Articles about Trade
Russia Lacks Icebreakers Its Arctic Fleet Needs to Function in Eastern Arctic
Executive Summary: Russia has more icebreakers than any other country but far fewer than it needs to ensure passage in the Eastern portions of the Northern Sea Route critical to its trade with China as well as to ensure that the Russian navy can continue... MORE
Russia Prioritizes Icebreakers in Scramble for Arctic (Part Two)
(Part One) Executive Summary Russia remains the dominant player in the Arctic icebreaker sector, but this advantage may face challenges in the coming decade due to the collaborative ICE Pact involving the United States, Canada, and Finland. For Russia, icebreakers are essential for accessing Arctic... MORE
Russia Prioritizes Icebreakers in Scramble for Arctic (Part One)
Executive Summary: Russia announced the new Project 22220 Chukotka nuclear icebreaker in early November, which is part of a new generation of icebreakers crucial for transforming the Northern Sea Route through the Arctic into a globally competitive transportation artery. Moscow sees the Arctic as a... MORE
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
Chinese Roads in Kyrgyzstan and Tajikistan Bring Benefits to Beijing
Executive Summary: China, through the Belt and Road Initiative (BRI), plays a central role in developing transit networks in Kyrgyzstan and Tajikistan, aiming to unify regional road infrastructure and facilitate Chinese exports. Chinese involvement provides economic benefits to Kyrgyzstan and Tajikistan but also gives China... 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
China and Russia Expand Cooperation on Arctic Transit Infrastructure
Executive Summary: The Arctic Express route was launched in July as part of the joint Russian-Chinese development of the “Ice Silk Road,” which aims to develop the shortest route from the Pacific Ocean to the Atlantic via the Arctic. China increasingly sees strategic benefit in... MORE