India is insisting on strict rules for the admission of new members into the BRICS group of nations, while Brazil is also opposed to proposals from China to rapidly expand the group. The debate has arisen during preparatory talks for the BRICS summit of leaders, due to take place in Johannesburg in August. India and[…..]
Kazakhstan and Indonesia have set an ambitious goal of bringing their mutual trade turnover to US$1 billion. According to Kazakhstan’s Ministry of Trade and Integration, this was the immediate trade goals aimed for during the second round of negotiations for the Free Trade Agreement (FTA) between the Eurasian Economic Union (EAEU) and Indonesia. The EAEU[…..]
Russia’s first e-commerce company, Ozon, has started the construction of the logistics complex in Kazakhstan, with an investment of approximately 15 billion Kazakh tenge (US$33.7 million).
Murotjon Azimov, the Governor of Uzbekistan’s Kashkadarya region to the south of Samarkand, has been in China discussing the formation of an auto JV with China’s JAC Motors, in Hefei. Talks have been held concerning the possibility of establishing a joint auto production factory in Karshi, in Kashkadarya.
Central Asia is one of the priority regional directions of China’s foreign policy, with developing land transport links making the region an important mineral resource base. China’s active policy has positive aspects, but also contains potential threats for the Central Asian republics. While in Kyrgyzstan and Tajikistan, China has managed to form a deep dependence[…..]
People to people exchanges a core part of new BRI local marketing campaigns being launched in Asia China has launched a new “Silk Roadster” platform under the Belt and Road Initiative (BRI) in Nepal, in a slight change in marketing and explanatory direction that may be rolled out elsewhere. Chinese leaders said the Nepal platform[…..]
Chris Devonshire-Ellis, Dezan Shira & Associates Chairman and Founding Partner, has been interviewed by Treasury Today concerning China’s appetite for BRI lending. There are differing opinions about Chinese policy as regards this, as China’s overall spending has shown some decline, most noticeable in its engagement with Russia. Rather than being a consequence of the conflict[…..]
Never mind recent Sea of Japan naval drills, Tokyo has other potential battles with China coming up Recently, the Japanese government has begun to pay more attention to the political and economic initiatives for rapprochement with Central Asia, with the ruling Liberal Democratic Party (LDP) stating that “This is a geopolitically important region, rich in[…..]
The Yakutia Government in the Russian Far East, and China’s Power China have signed a MoU on cooperation in the construction of a new gas power plant with a capacity of 8 GW near Yakutsk and an extra-high voltage DC power line to export electricity to China, according to Dmitry Volvach, the Deputy Minister of[…..]
Likely to lead to increased Russia – China – India – Brazil Cooperations Yuri Borisov, the Russian Deputy Prime Minister, has stated that Moscow is counting on Beijing’s assistance in the production of microelectronics, while speaking at the Engineers of the Future forum, held at Tula State University.