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    China, Saudi Arabia Announce Massive Strategic Partnership Energy Agreement

    Links China’s Belt & Road Initiative with the Saudi Vision 2030 National Development Plan and bodes well for UAE based services and product suppliers.   The world’s largest oil-exporting company Saudi Arabian Oil Company (Saudi Aramco) has signed a memorandum of understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec). According to an official statement from[…..]

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    Iran Makes First Multi-Million Dollar Imports Using Cryptocurrency

    Iran has imported goods worth US$10 million using payments in cryptocurrency for the first time. Alireza Peymanpak, the Iranian Deputy Minister of Industry, Mine and Trade and Head of Trade Promotion Organization of Iran (TPOI) made the claim yesterday, stating the operations were carried out earlier this week.

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    Challenging The G7 – The Emergence Of The Global SE8

    BRICS plus nations in the Global South could represent a sea change in the West’s global institutions By Chris Devonshire-Ellis The West has traditionally dominated global groupings of leaders, most notably the G8, which included Russia until 2014 and is now the G7. That is an inter-governmental political forum consisting of Canada, France, Germany, Italy,[…..]

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    Iran’s Regional Foreign Trade Volumes Increase

    Iran’s trade with Russia, Turkiye and EAEU all show increases  Iran’s regional foreign trade has increased, although some of the figures are patchy due to the changing geopolitical situation concerning Russia. Iran exported 681,000 tons of goods worth US$233 million to member countries of the Eurasian Economic Union (EAEU, including Armenia, Belarus, Kazakhstan, Kyrgyzstan, and[…..]

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    Tajikistan Foreign Direct Investment Doubles In H1 2022

    Most investments from China into mining gold and semi-conductor applicable minerals Tajikistan has recorded a doubling of foreign direct investment inflows in the first half of 2022, according to Sadi Kodirzoda, the Chairman of the State Committee for Investment and State Property Management of Tajikistan.

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    China’s Belt & Road And Beyond – August 8 2022

    Compiled By Chris Devonshire-Ellis Analysis & Opinion Beijing Briefing: Is The Belt & Road Going Nowhere? (Chatham House) China’s ‘Belt and Road’ Investment Led by Energy (Energy Intelligence) Cargo Shipped By ‘Shanghai Express’ Freight Trains Crosses 1 Billion Yuan (Fibre2Fashion) Finance China’s Emerging Belt And Road Debt Crisis (Financial Times) Dealing With Default: China Reckons[…..]

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    New China-Russia Maritime Routes Emerge as Trade Booms

    Chinese and Russian companies have been organizing regular chartered ships to ensure that much-needed goods such as raw materials can be delivered from Russia to countries such as China and India amid a transport inadequacy due to the continuous disruption posed by the West’s sanctions on Russia. The shipping service lines between Russia and other[…..]

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    China-EU Railway Freight Via Russia Continues To Operate Full Steam Ahead

    Chinese companies bypassed sanctions and arranged their own mechanisms of settling payment of fees due to Russian and Belarus railway operators The death of the railway routes between China and the EU via Russia and Belarus (CEER) has been much exaggerated, according to an article written by Hussein Askary of the BRIX Sweden Institute, which[…..]

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    Algeria Expresses Interest In Joining BRICS

    Algeria looking to choose globalisation over US and EU policies The Algerian President, Abdelmadjid Tebboune has stated the interest of Algeria to join the BRICS group, in an interview aired on the state-run television ENTV. Tebboune said that “there are economic conditions for joining the BRICS group, and I think Algeria meets a large proportion of these[…..]

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    China Wants More Kyrgyzstan Imports, Alibaba May Assist

    Bishkek developing as a Central Asian ecommerce hub China is making plans to increase imports of products from Kyrgyzstan, following trade discussions during the 15th meeting of the intergovernmental Kyrgyz-Chinese commission on trade and economic cooperation last week.

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