Via Bloomberg, a report on Iraq and Turkey’s efforts to convince Gulf states to help finance a $17 billion trade route stretching from Iraq’s Faw Port in its southern Basra province to Turkey, and then on to Europe: Ankara, Baghdad want to build a new trade route to Europe Deal comes as neighbors try to […]
Read more »Courtesy of the New York Times, a look at how Russia – once dependent on Europe for trade – has been forging new routes that will allow it to skirt Western restrictions. A planned railway through Iran could be key for those ambitions. For centuries, trade with Europe was the main pillar of Russia’s economy. […]
Read more »Via The East African, a report on growing Turkish/Somalia ties: Turkey signed an oil and natural gas cooperation deal with Somalia on Thursday, the Turkish Energy Ministry said, further strengthening bilateral ties after agreeing a defence deal last month. The Energy Ministry said the energy deal includes exploration, evaluation, development and production of oil in […]
Read more »Via Modern Diplomacy, a report on the recent signing of the “Framework Agreement for Defense and Economic Cooperation” between Somalia and Turkey, signifying a shift in the relationship between these two countries in terms of defense and economic partnership: The recent signing of the “Framework Agreement for Defense and Economic Cooperation’‘ between Somalia and Turkey […]
Read more »Via Foreign Policy Research Institute, commentary on how the Central Asia’s Middle Corridor expansion presents an opportunity for China and Iran: The sustained attacks on merchant shipping in the Red Sea have given a fresh boost to a budding Central Asian trade network known as the Middle Corridor, whose participant countries recently met to discuss […]
Read more »Via Jamestown Foundation, a report on Armenian-Azerbaijani discussions over regional transit corridors: Frustrations in Baku, Yerevan, and Moscow are growing over delays in Armenian-Azerbaijani peace negotiations, as key differences remain on unblocking regional transit corridors. Azerbaijan remains committed to opening the Zangezur Corridor, while the Kremlin calls for Russian border guards to oversee administration of […]
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