Move will financially incentivize Middle Corridor trade while making EU-Asian routes less regionally competitive.  By Chris Devonshire-Ellis Russian Railways (RZD) , together with the railways of Kazakhstan, Turkmenistan and Iran, has decided to grant reduced container-kilometer rates in 2023 for using the infrastructure of the eastern route of the North-South international transport corridor that[…..]
The Caucasus is moving East, not West as competitiveness, energy and supply chains all point to Asia By Chris Devonshire-Ellis The Ukraine conflict has moved the Caucasus region further to the East in terms of trade, rather than towards Europe, according to preliminary data from Georgia’s national statistics office and despite EU attempts to persuade[…..]
US is losing influence in its own backyard as pariah states rebel By Chris Devonshire-Ellis Iran and Nicaragua have signed a comprehensive cooperation plan, the latest in a string of deals between countries not typically regarded as natural partners. In fact the main commonalities they both face is they are members of the Belt and[…..]
All the latest international news, analysis and opinion from the BRI Compiled By Chris Devonshire-Ellis Analysis & Opinion Russia’s 2022 Trade with China – Geographic Breakdown (Russia Briefing) How Will The World Benefit From Belt and Road Initiative? (CGTN) Framing China’s Belt and Road Initiative (Global Voices) In the Asian Connectivity Race, China and Rivals[…..]
Bilateral trade up 18% as countries expand trade, R&D and ties with Asia in numerous sectors China’s President Xi Jinping hosted Cuba’s President Miguel DÃaz-Canel at the Great Hall of the People in Beijing late last month, with China’s foreign ministry announcing that Xi and DÃaz-Canel “witnessed the signing of bilateral documents on party-to-party exchange,[…..]
Discussions to solidify the Middle Corridor and provide gas corridors to Europe  The trilateral Azerbaijan-Türkiye-Turkmenistan summit is currently being held in Avasa City, on the Eastern Caspian Sea in Turkmenistan. The three countries are discussing steps to further enhance cooperation among the three countries, primarily in trade, energy, and transport.
A recent report by the Wall Street Journal has indicated innovative Chinese thinking when it comes to providing debt solutions to nations struggling to repay BRI related loans – currency swaps.
Significant Port, Energy and Underwater Persian Gulf Tunnel Projects Discussed Iran’s minister of roads and urban development Mehrdad Bazrpash and Qatar’s Minister of Transport Jassim bin Saif bin Ahmed Al Sulaiti held meetings today (Monday, December 12) to discuss enhancing mutual transportation development. The two sides negotiated to expand cooperation in the sphere of transportation[…..]
All the latest international news, analysis and opinion from the BRI Compiled By Chris Devonshire-Ellis Analysis & Opinion Framing China’s Belt and Road Initiative (Global Voices) How Will The World Benefit From The Belt and Road Initiative? (CGTN) China’s Belt and Road Infrastructure Projects Could Help Or Hurt Oceans Worldwide (The Conversation) Belt and Road[…..]
Algeria and China signed an executive plan on Monday (December 5) for the joint development of the Belt and Road initiative, the Ministry of Foreign Affairs in Algiers has announced. A second agreement was signed regarding cooperation in “important areas” between the two countries extending until 2024.