Latest Articles about Trade
Logistical Semi-Blockade Undermines Strategic Foundations of Belarusian Statehood
Executive Summary: Belarus plays an essential geostrategic role in the logistical transport networks between Asia and Europe through the “Northern Corridor,” which passes through Russia and Belarus. Although Western sanctions due to the war in Ukraine have negatively affected the volume of transport through the... MORE
Putin’s Plans for Russian North and Arctic Transit Crumble
Executive Summary: Moscow is being forced to postpone and effectively cancel some of its highest-priority transportation projects in the Russian North due to its war against Ukraine. These moves limit Russia’s ability to extract and export natural resources and support the Northern Sea Route, even... MORE
Russia Hopes to Use Caspian Sea Route to Evade Sanctions
Executive Summary: Moscow seeks to boost its struggling economy through increased development of the International North-South Transport Corridor (INSTC) as a real competitor to the Suez Canal and the Bosphorus Strait. Moscow wants the INSTC to open pathways to new markets that circumvent Western monitoring... MORE
Russia’s Asia Pivot Meets With Iran’s Eurasian Tilt
Executive Summary Iran’s supply of surface-to-surface ballistic missiles to Russia is unprecedented, further diminishing any room for rapprochement between the West and Tehran. Tehran and Moscow’s military cooperation has been steadily growing and is nearing a formal alliance. The new interstate treaty will shape bilateral... MORE
Belarus and Uzbekistan Proclaim a New Chapter in Relations
Executive Summary: Belarusian President Alyaksandr Lukashenka visited Uzbekistan to strengthen bilateral relations between the two post-Soviet states. Economic relations between Uzbekistan and Belarus are becoming stronger. Bilateral trade has increased significantly in the past few years. The strain of Western sanctions on Belarus due to... MORE
Biden’s LNG Decision Sparks Hope for Russia’s Energy Industry
Executive Summary: The Biden administration's temporary pause on constructing new liquefied natural gas (LNG) export terminals has prompted Russian optimism about boosting its global LNG exports and exploiting internal divisions in the United States. Some Russian experts foresee opportunities in the potential for decreased US... MORE
Russia Fails to Convert Economic Ties Into Political Influence in North Africa
Executive Summary: Russian Foreign Minister Sergei Lavrov’s recent tour of North Africa focused on maintaining economic ties while seeking to expand the Kremlin’s political influence in the region. The Kremlin has been successful in expanding trade ties with Morocco and Tunisia by exploiting both countries’... MORE
Russia’s Arctic-Based Oil Mega-Project Struggles to Attract Foreign Investors
Executive Summary: Russian officials have played up China’s interest in potentially investing in the Vostok Oil project, though significant challenges remain. The mega-project looks to enhance Moscow’s geopolitical ties with Asia, elevate the Northern Sea Route’s competitiveness with the Suez Canal, and promote economic growth.... MORE
Armenia Plans to Use Iranian Ports to Reach India
Executive Summary: Iran has granted Armenia access to its Chabahar and Bandar Abbas ports to facilitate Yerevan’s trade access to India. The proposed east-west transit route will serve as a supplemental component of the International North-South Transport Corridor in facilitating greater regional trade. Armenia has... MORE
Chinese Machine Tools Serve as Russia’s Safety Net
Executive Summary: Russia’s industrial sector has become full dependent on China for machine tools and parts critical to arms manufacturing. Moscow’s war against Ukraine, Western sanctions, and the inability to fully realize import substitution efforts has exacerbated Russia’s dependence on China. That reality signals a... MORE