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

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

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

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

Executive Summary: Key officials visited the Hong Kong Special Administrative Region (HKSAR) in late August to explain the city’s political, economic, cultural, and security responsibilities. They signaled deeper integration with the People’s Republic of China (PRC) mainland while leveraging its unique international position. Hong Kong... MORE

Executive Summary: New Economic and Technology Development Zones (ETDZs) in the Tibet Autonomous Region (TAR) are focused on pockets of the Han population, which will exacerbate tensions within the region. The Tibetan economy is already largely under Han control (except for in the agriculture and... MORE

Executive Summary: Azerbaijani President Ilham Aliyev’s visit to Islamabad and the trilateral meeting of Azerbaijan, Pakistan, and Türkiye in early July highlight growing cooperation in various fields among the three countries in trying to gain more influence over regional trade and transit. Baku and Ankara... MORE

Executive Summary: Russia’s State Statistics Agency, Rosstat, reported increased growth in arms manufacturing industries during the first half of 2024. However, this growth is less impressive when considering physical manufacturing data as it is dependent on ruble prices. Russia was only able to increase the... MORE

Executive Summary: Russia currently has the largest fleet of icebreakers in the Arctic. Its lead over others, however, is somewhat deceptive as most are small and devoted to clearing ice from harbors rather than keeping the Northern Sea Route open. The United States, Canada, and... MORE

Executive Summary: EU member states and other Western powers have introduced restrictive sanctions against Russia’s diamond-producing industry, a major contributor to the Russian economy, such as restrictions against the import of Russian diamonds directly or from other countries. Other diamond-producing countries, many of which are... MORE