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    China And Argentina In US$7.2 billion Currency Swap Deal

    China and Argentina have formalized the expansion of a currency swap deal, according to the Central Bank of Argentina. The step is expected to boost Argentina’s forex reserves. The currency swap agreement allows Argentinian companies that export to China to make settlements in Yuan or US Dollars, which eases the outflow of foreign currency from[…..]

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    First Line On Nigeria’s Lagos Metro Opens

    The first phase of Nigeria’s capital city Lagos Blue Line metro route was opened on December 21, the first metro line in West Africa. The line was constructed by China Civil Engineering (CCE) as part of China’s Belt and Road Initiative.

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    China’s Belt & Road And Beyond – January 09 2023

    All the latest international news, analysis and opinion from the BRI Compiled By Chris Devonshire-Ellis Analysis & Opinion Belt and Road 2022 in Numbers (People’s Daily) Putin, Xi, Discuss Strategic Cooperation For 2023 (Silk Road Briefing) China’s Belt and Road Initiative divides the Pacific (Global Voices) China’s Global Development Initiative: A Symbolic Rebranding of the[…..]

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    China’s Auto Positioning In The 2023 Russian Market

    Many foreign brands left Russia or suspended the supply of cars to the Russian market in 2022 – a vacancy now increasingly occupied by Chinese companies. Many of these have been drawing up specific plans to increase Russian market penetration for 2023 and beyond. Previous European plants are being purchased at knock-down prices while significant[…..]

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    World Bank Highlights Azerbaijan And Middle Corridor Between Europe & Asia As Ripe For Foreign Investment

    Antonio Nucifora, the Practice Manager for the Macroeconomics, Trade and Investment in Europe and Central Asia Region of the World Bank Group, has said in regional media that the Middle Corridor still lacks some pieces of infrastructure and some sections are not yet developed.

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    Iran Expanding National Railway & Highway Networks

    Huge drive to expand INSTC road and rail connectivity  Kheirollah Khademi, the Iranian Deputy Minister of Roads and Urban Development, and CEO of Construction and Development of Transportation Infrastructure Company (CDTIC) has said that up to 561 km of new railway lines are expected to be launched in Iran by the end of the current[…..]

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    Putin, Xi, Discuss Strategic Cooperation For 2023

    Video-call on December 30 discussed global geopolitics, trade and security One of the more fascinating relations to have developed over 2022 is that between Moscow and Beijing, with Presidents Putin and Xi in regular communication over issues such as global geopolitics, trade, and security. The discussions held via video link last Friday (December 30) were[…..]

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    China’s Belt & Road And Beyond – January 02 2023

    All the latest international news, analysis and opinion from the BRI Compiled By Chris Devonshire-Ellis Analysis & Opinion China Appoints New Foreign Minister (China Briefing) Russia’s Medvedev Meets With China’s Xi Jinping in Beijing (Russia Briefing) China to Significantly Relax Its Travel Restrictions Starting January 8, 2023 (China Briefing) China’s Policymakers Set Sights on Growth[…..]

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    Turkmenistan Preparing Legislation For Establishment Of Free Economic Zones

    By Chris Devonshire-Ellis   Turkmenistan Ministers have begun to develop a state program for the creation of Free Economic Zones (FEZ), with Deputy Chairman of the Cabinet of Ministers Hojamyrat Geldimyradov discussing the concept with President Serdar Berdimuhamedov during a Turkmen government meeting this week.

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    Turkmenistan-Uzbekistan 2022 Bilateral Trade Up 12.7%

    The trade turnover between Turkmenistan and Uzbekistan increased by 12.7% from January through to November 2022, amounting to US$858.6 million, according to the Uzbek State Statistics Committee.

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