With Iranian President Ebrahim Raisi’s visit to China now underway, the Iranian state media outlet ISNA has said that Tehran greatly appreciates China’s role in Iran’s accession to the Shanghai Cooperation Organization (SCO) and hopes for Beijing’s backing for its BRICS (Brazil, Russia, India, China and South Africa) membership bid.
Turkmenistan plans to increase the volume of foreign trade turnover to US$19.4 billion in 2023, with this target set by Turkmenistan President Serdar Berdimuhamedov.
By Chris Devonshire-Ellis Iran’s non-oil trade turnover with China amounted to US$25.3 billion, during the first 10 months of the current Iranian year (March 21, 2022 through to January 20, 2023), according to Rouhollah Latifi, a member of the Iranian international and foreign trade committee. That equates to the Iran-China non-oil monthly trade sector value[…..]
What’s good for China is good for the EU as the Global Gateway tries to compete  The European Investment Bank (EIB) has a focus on sustainable connectivity in Central Asia and the transition towards a sustainable, climate-neutral growth model, according to statements made by the bank.  The EIB has developed a diverse and fast-growing[…..]
Bilateral trade up 19.7% as China looks for a Gateway into Latin America By Chris Devonshire-Ellis China and Ecuador issued a joint statement in 2022 announcing the launch of free trade agreement (FTA) negotiations. After more than 10 months, the two countries have now concluded the bilateral FTA negotiations at the technical level.
By Emil Avdaliani The President of Iran, Ebrahim Raisi will pay a state visit to China from February 14 to 16. Iran’s foreign policy is often misrepresented. This includes its relations with China, where trade increased 7% in 2022 over 2021. Yet there have been tensions concerning China’s relationships with other Middle Eastern nations while[…..]
Russian nuclear energy technologies helping to power Myanmar rail with potential for other ASEAN and Asian countries to follow suit  By Chris Devonshire-Ellis Russia and Myanmar have signed an intergovernmental agreement on cooperation in the nuclear sector that envisages the creation of a low-capacity nuclear power plant, the Rosatom state corporation has stated. “Under[…..]
China’s investment Belt and Road Initiative (BRI) countries rose last year to the highest level since 2019, with much of that increase due to a new battery plant for electric vehicles. Chinese investments into the 147 nations part of the BRI rose 63% to US$32.5 billion from 2021, according to a report from Fudan University[…..]
The Governments of Azerbaijan, Turkiye and Turkmenistan have signed a decree approving the “Agreement between the Government of the Republic of Azerbaijan, the Government of the Republic of Türkiye and the Government of Turkmenistan on trade and economic cooperation.” These decrees contain provisions in science, education, culture, energy, trade, customs, and transportation. All the nations[…..]
Serious implications for the INSTC and routes from the EU to Asia By Chris Devonshire-Ellis The recent terrorist attack on the Azerbaijani Embassy in Tehran, in which Embassy staff were killed, has moved the two nations closer to war. Such an event would damage the International North-South Transport Corridor (INSTC) and close off the Caspian[…..]