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    Bilateral Trade Between Türkiye And Kyrgyzstan Increases By 55% In H1 2022

    A combination of the Belt and Road Initiative, the development of improved transport corridors and a demand rebound after covid has seen bilateral trade between Türkiye and Kyrgyzstan increase by over 55% in H1 2022.

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    Turkmenistan To Officially Join The International North-South Transport Corridor

    Turkmenistan plans to join the International North-South Transport Corridor (INSTC) being established by Russia, Iran and India, the Turkmen Deputy Prime Minister and Foreign Minister Rashid Meredov stated on Friday (August 19).

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    Iran Re-Energizes The Kish Island Free Trade Zone

    Iran has completed a 127-kilometer gas pipeline from its Hormozgan Province to Kish Island, turning connectivity this Monday (August 22). Iran’s Oil Minister Javad Owji, said that the laying of a gas pipeline to Kish Island will allow savings of about US$400 million in consumption of oil products and liquefied petroleum gas (LPG) on the[…..]

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    Sri Lankan Refugees Fleeing To India’s Tamil Nadu

    Economic Crisis As Political Impasse Prevents Creditors Reach Debt Refinancing Agreements   Sri Lanka’s on-going political and financial crisis appears to have no improvement as refugees from the island state have been crossing the Adam’s Bridge causeway to neighbouring India. A financial crisis has prevented the nation, which is in debt to the tune of about[…..]

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    Turkmenistan ‘Essential’ For Lapis Lazuli Corridor Connectivity: International Road Transport Union

    Lapis Lazuli Corridor a Vital Eurasian Land Link Turkmenistan plays an important role in the successful development of international transport corridors, the International Road Transport Union (IRU) has stated. “The support of the Government of Turkmenistan will be essential for the successful development of international transport corridors, in particular the “Lapis Lazuli” https://www.silkroadbriefing.com/news/2017/12/05/china-funded-lapis-lazuli-transport-corridor-unites-caucasus-central-asia/ corridor, to[…..]

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    China’s Belt & Road And Beyond – August 22 2022

    Compiled By Chris Devonshire-Ellis Analysis & Opinion Beyond Blocs: Global Views On China And US-China Relations (Merics) China’s Belt And Road Initiative Is Too Far Ahead For West To Play Catch Up (Gulf News) 9 Years On, Economic Ties Closer Among Belt And Road Countries (China.Org) China Denies Belt And Road Initiative ‘Debt Trap Lie’[…..]

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    Uzbek INSTC Routes To Europe & South Asia Given A Logistics Boost

    The Uzbekistan Ministry of Transport has agreed to simplify the regulations for international freight traffic with Iran and Turkmenistan. This is significant as Uzbekistan is a double-landlocked country and needs to reply on neighboring states to facilitate trade. The country, one of Central Asia’s most liberal, signed extensive trade agreements with the European Union and[…..]

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    Uzbekistan To Sell Off Shares In Its State Owned Enterprises

    An introduction to the first batch of 21 companies to be sold to investors  The Uzbekistan government has approved the roadmap for the initial and secondary public offerings of shares of some of its larger state-owned enterprises on the Tashkent stock exchange during 2022 to 2023. This follows reforms announced by the government in terms[…..]

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    Uzbekistan Asks Shanghai Cooperation Organisation To Establish Mutual Investment Action Plans

    Aziz Voitov, the First Deputy Minister of Investments and Foreign Trade of Uzbekistan, has proposed that Shanghai Cooperation Organization (SCO) countries develop an action plan to promote mutual investment. Voitov was speaking at the second SCO Economic Forum, currently underway in Tashkent. The move is significant because it brings the SCO into sharper focus as[…..]

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    East China’s Lianyungang Port Develops As A BRI Rail Hub For Connectivity Between Central & South-East Asia

    Jiangsu’s Lianyungang connects trade between Kazakhstan, Uzbekistan and Japan, South Korea and Singapore A new rail freight route from Wuxi in China’s Jiangsu Province near to Shanghai on China’s east coast, through Kazakhstan to Uzbekistan began operating over the past weekend, containing more than 1,000 tons of goods. These included regionally manufactured household appliances and[…..]

Showing 10 of 1221 articles