Latest Articles about Trade

GM Soybeans And China’s Food Security Dilemma

Executive Summary The Ministry of Agriculture and Rural Affairs (MARA) recently approved 37 genetically modified (GM) corn varieties and 14 GM soybean varieties after a three-year trial, marking the first such announcement by the PRC government. The PRC's focus on improving food security is evident... MORE

Six Months of Germany’s New China Strategy: Old Ways Die Hard

On December 1, the first visa-free travelers entered China from a select group of mainly European countries: Germany, France, Italy, Spain, the Netherlands, and Malaysia (Xinhua, December 2). Expanding visa-free travel (for more than 72 hours) to these countries was arguably the most visible step... MORE

Western Aid Strengthens Security of Ukrainian Grain Corridor

At the Grain From Ukraine forum in Kyiv on November 25, President Volodymyr Zelenskyy announced that Ukraine has arranged to receive additional air defense systems from Western partners to ensure the safety of vessels traveling along the grain corridor in the Black Sea. According to... MORE

China Exploits Russia’s Vulnerabilities

According to reports from Chinese media in late November, Beijing has refused to invest in the construction of the Power of Siberia-2 natural gas pipeline, proposing instead that Moscow fully cover the multibillion-dollar project. China also insists on substantial discounts for Russian gas, demonstrating strong... MORE

India to Build 24 Cargo Vessels for Russian Use in Caspian Trade

On October 26, Indian government-owned Goa Shipyard signed a substantial shipbuilding contract with Russia. The agreement calls for Goa to construct 24 river-sea class cargo ships for Russian clients in the Caspian Sea by 2027. The director of Caspian International Integration Club North-South, Dmitry Dubovik,... MORE

Caspian Sea Drying Up, Forcing Coastal Countries to Respond

The Caspian Sea is in danger of drying up. On June 7, government officials in the coastal city of Aktau, Kazakhstan, released a statement declaring a natural state of emergency for the maritime industry due to the sea’s low water levels (Facebook.com/Aktau_Press, June 7; Eurasianet,... MORE

Russia and China Develop New Grain Corridor

During the most recent Belt and Road summit in Beijing, Russia agreed to supply China with 70 million tons of grain, legumes, and oilseeds worth 2.5 trillion rubles (about $25.7 billion) over the next 12 years (TASS, October 17). Head of the Russian company New... MORE