Courtesy of East Asia Forum, a look at North Korea and the potential for improved economic growth in 2023: At the beginning of 2022, North Korea’s strategic position looked bleak. The regime clung to its zero-COVID claim, leading to an almost total closure of the border with China and bringing trade to record lows. There were strong indications that […]
Read more »Via The Financial Tribune, a look at Iran and Russia’s efforts to build a trade route that defies sanctions: Iran, Russia Building Trade Route That Defies Sanctions ….. Russia and Iran are building a new transcontinental trade route stretching from the eastern edge of Europe to the Indian Ocean, a 3,000–kilometer (1,860–mile) passage that’s beyond […]
Read more »Via Russia Briefing, a look at growing economic connections between Russia and Venezuela: Russia’s trade and development strategy with Venezuela has been taking significant steps as the two countries coordinate and enhance their joint investment plans, with significant implications for the global energy market and other markets. We explain these developments as follows: Energy Venezuela […]
Read more »Via The Diplomat, an article on Russia’s efforts to find new export markets for its piped gas or users of its gas infrastructure following its invasion and Central Asian states’ fear that Russia could use the states’ increased economic dependence on Russia as a result of the deal to secure political concessions from the countries in the […]
Read more »Via Reuters, an article on Cuba’s efforts to seek help to end its economic crisis: China, Russia, Algeria and Turkey have pledged to restructure Cuba’s debt, provide new trade and investment financing, and help ease an energy crisis, Cuban President Miguel Diaz-Canel told state-run media following a rare trip abroad last week. Any help would be […]
Read more »Via Eurasianet, commentary on a highly touted deal between Baku and Brussels that was meant to wean Europe off Russian gas, but Azerbaijan is now importing Russian gas itself in order to meet its obligations to Europe: Azerbaijan has begun importing gas from Russia under a deal which should enable Baku to meet its own domestic […]
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