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    Turkmenistan ATM Network and Bank Card Usage On The Rise

    Investment opportunities exist where trade capital is accessible   By Chris Devonshire-Ellis  A marker as to how local economies are developing and opening up is the use of individual bank cards and the corresponding ATM network. In this regard, Turkmenistan is an emerging market, albeit still with some way to go.

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    Iran Proposes New Caspian Sea Free Trade & Tourism Area

    Iran has proposed the creation of a common economic area for countries bordering the Caspian Sea. Speaking at the Second Caspian Sea Forum held in Moscow last week, Iranian First Vice President Mohammad Mokhber also suggested introducing simplified customs procedures known as a “green corridor” in the region.

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    Regional Trade & Development Strategy Highlights From The Second Caspian Sea Forum

    The Caspian Sea has a vital strategic position in Eurasia, supplying 20% of global oil and 26% of global gas supplies By Chris Devonshire-Ellis Moscow has been hosting the second Caspian Economic Forum in Moscow from 5 to 6 October, being an important platform for discussing cooperation between the countries of the Caspian region. These[…..]

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    China’s Belt & Road And Beyond – October 10 2022

    All the latest international news, analysis and opinion from the BRI Compiled By Chris Devonshire-Ellis Analysis & Opinion The Complex Dance Around China’s Overseas Projects (New Security Beat) Crafting Transatlantic Responses to BRI (CNAS) China Releases First Guidelines for Cross-Border Data Transfer Application (China Briefing) The Pursuit of Alliances: The SCO and China’s Central Asia[…..]

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    China’s RMB Settlements Along BRI Markets Up 19.6%

    China’s drive to de-dollarization, and the emergence of the RMB Yuan as a global reserve currency has increased. China’s RMB settlements with Belt and Road countries stood at 5.42 trillion yuan (US$763.4 billion) in 2021, up 19.6% year on year, according to the People’s Bank of China.

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    United Nations & Shanghai Cooperation Organisation To Facilitate Agricultural Trade

    The Food and Agriculture Organization of the United Nations (FAO) and the Shanghai Cooperation Organization (SCO) intend to facilitate trade in agri-food products between SCO member states. The aim is to look at new ways of facilitating cross-border trade, including the organization of green corridors, as well as the creation of cross-border wholesale distribution centres.[…..]

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    BRICS Working To Develop A New Reserve Currency

    The Euro has declined against all BRICS currencies during 2022 The BRICS countries are working on establishing a new reserve currency to better serve their economic interests, according to Pavel Knyazev, Deputy Director of the Russian Foreign Ministry’s Foreign Policy Planning Department. The new currency will be based on a basket of the currencies of[…..]

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    Iran Completes Four Lane INSTC Highway Between Caspian Sea and Persian Gulf Ports

    Khyrollah Khademi, the Deputy Minister of Iran’s Road and Urban Development, has stated that the Iran’s Construction and Development of Transportation Infrastructures Company have completed the four-lane road project in Iran’s North-South Corridor (INSTC).  

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    Kazakhstan-Kyrgyzstan Highway Route Confirmed

    Project to boost Issyk Kul Lake regional tourism  The final route of the highway project between Kyrgyzstan and Kazakhstan has been confirmed, according to Aizada Ozbekova, of Kyrgyzstan’s Ministry of Transport and Communications.

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    China’s Belt & Road And Beyond – October 3 2022

    All the latest global headlines throughout the Belt and Road Initiative Compiled By Chris Devonshire-Ellis Analysis & Opinion West follows China’s lead with its own ‘Belt and Roads’ (Asia Times) Building Bridges? PGII versus BRI (Brookings) American Innovation Can Counter China’s BRI (The National Interest) The US and the I2U2: Cross-Bracing Partnerships Across the Indo-Pacific[…..]

Showing 10 of 1218 articles