Executive Summary: Moscow’s need to supply its invasion forces in Ukraine, its rapid shift of trade away from Europe toward Asia due to sanctions, and slashed investments have put unprecedented strains on Russian railways. China will seek alternative routes for trade with Europe, using domestic... MORE

Executive Summary: The Trans-Caspian International Transport Route (TITR), or Middle Corridor, has evolved as a key alternative for trade between Europe and the People’s Republic of China (PRC) due to sanctions against Russia. The route bypasses Russia and transits through Central Asia, the Caucasus, and... MORE

Executive Summary: Since becoming the Russian leader, Vladimir Putin has made developing a north-south trade corridor a centerpiece of his geoeconomic and geopolitical program. This would counter the impact of east-west routes and align the global south against the West. He has now declared this... MORE

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

(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

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

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

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

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

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