Via The China File, commentary on CPEC, China’s trade route through Pakistan which promised investment but faces regional backlash: The China-Pakistan Economic Corridor (CPEC) is one of the major spokes of Beijing’s multi-trillion dollar Belt and Road Initiative (BRI), an ambitious attempt to remake global trade and transport infrastructure. CPEC’s terminus is Gwadar, a port […]
Read more »Via Deutsche Welle, a look at the UAE’s $35 billion deal with Egypt: a case of Gulf bailout diplomacy or not? While much about this deal seems very familiar, the underlying arrangement signals an important shift in the Gulf states’ decades old practice of bailout diplomacy as a large portion of the deal resembles a […]
Read more »Courtesy of The Africa Report, an article on deepening economic ties between Kenya and Ethiopia: Kenya and Ethiopia have this week signed seven memoranda of understanding, from blue economy, petroleum and energy development to enhance trade relations and investment cooperation. Ethiopian Prime Minister Abiy Ahmed arrived in Nairobi on Wednesday for a two-day state visit […]
Read more »Courtesy of Bloomberg, a look at Qatar’s plans to snag an even bigger share of the global natural gas trade, adding more than $30 billion to its annual revenue in the process: With a two-phase mega-expansion already underway and an enormous new buildout now on the horizon, the small Gulf nation of Qatar is setting itself up to […]
Read more »Via Foreign Policy, an article on the Lobito Corridor: As geopolitical tensions electrify the global scramble for critical minerals—the raw materials that underpin advanced defense systems and clean energy technologies—the United States and China have been racing to expand their influence over the mineral market in Africa. The world’s F-35 fighter jets, electric vehicle (EV) […]
Read more »Courtesy of Bloomberg, a report that Pakistan plans to build a pipeline to Iran to import natural gas: Pipeline faced delays over Pakistan’s concerns of sanctions Pakistan says its needs to replenish dwindling supplies Pakistan is moving ahead to build a pipeline that will transport natural gas from Iran, a move it says is needed […]
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