Tag: economy

The recent meeting between the Iranian ambassador in Rome and the managers of selected Italian companies underscores a significant potential for economic cooperation between the two parties. Tehran’s keen interest in attracting foreign investors and companies, particularly those from Italy, is palpable.

The “Business Springboard” competition, which has been organised by Visa, demonstrates the significant interest foreign entities hold for the SMEs sector in Kazakhstan. It unequivocally signifies their commitment to solidifying their footprint in the local market and forging enduring relationships with the burgeoning community of small and medium enterprises.

This analysis investigates the economic hardships experienced by Mongolian herders and explores the profound influence of global forces on their traditional way of life, shedding light on the intricacies of their livelihoods amidst an ever-changing landscape.

The St. Petersburg International Economic Forum (SPIEF) serves as a significant milestone in Russia’s foreign policy and economic strategy.

The recent meeting between Russian Foreign Minister Sergei Lavrov and Tajikistan’s President Emomali Rahmon has unveiled the Central Asian republic’s strategic role for Moscow’s foreign policy in the region in defence, security, economy and social sectors.

SpecialEurasia will participate in the Astana International Forum 2023, as part of our ongoing commitment to monitoring and evaluating emerging markets and investment prospects in strategic countries like Kazakhstan and the broader Central Asian region.

Dagestan and Tajikistan’s entente on developing cooperation confirms the North Caucasus’s role in promoting relations between Russia and foreign countries, especially those in the blizhnee zarubezhe (near abroad) where the Kremlin wants to confirm its presence and influence.

On May 30th, 2023, SpecialEurasia Managing Director, Silvia Boltuc, attended the event “Bahrain yesterday and today” organised by Laila Khrais on behalf of the Assadakah and Welcome Association Italy.

The first China-Central Asia Summit and the second EU-Central Asia Economic Forum highlighted Beijing and Brussels’ interests and competition in the region.

The North Atlantic Treaty Organization (NATO) suffers from disproportionate financial burden-sharing., exacerbated by the fact the NATO has expanded its area of operations beyond the borders of NATO countries. A dedicated NATO bank could be the solution.

Kazakhstan’s desire to increase exports to Iran might hugely impact geopolitical dynamics in Eurasia, considering Astana’s desire to diversify and enhance its trade and economic partners to decrease Russia and China’s influence and Tehran’s necessity to overcome Western sanctions.

The creation of the Shavat-Dashoguz trade zone might strengthen Uzbek-Turkmen’s economic cooperation and bilateral relations and attract foreign investors interested in establishing their business in Central Asia by exploiting local government’s trade agreements and logistic projects.

Increased Russian investments in Adygea confirm the Kremlin’s strategy to implement the North Caucasus’ socioeconomic development and transform the region into a logistics hub supporting the diversification of Russian exports.

Since Uzbekistan and Vietnam are expanding their economic cooperation and relations, Tashkent might promote its role in Central Asia as a regional interconnector. At the same time, Hanoi might support its foreign policy by establishing a strategic partnership with international and regional actors.

The recent meeting between the Turkmen ambassador to Italy and the Italian Trade Agency’s representatives highlighted business potentialities between the two countries, Rome’s desire to increase its presence in the Turkmen and Central Asia markets, and Ashgabat’s strategy to diversify its commercial partners.

The Russian invasion of Ukraine has sparked economic sanctions, which are meant to cripple the economy while detracting from Russia’s ability to wage war. This paper will analyse the sanctions’ impact, the war on the Russian economy and possible future implications.

The pandemic crisis, the interruption of the supply chain, and the war in Ukraine with soaring fuel prices and shortages of flour and corn have put a strain on Egypt’s economic stability. In 2022, the Egyptian government adopted measures which resulted in harsher conditions for companies and local citizens, which Cairo currently hopes to overcome with the support of the International Monetary Fund.

Stavropol authorities’ desire to open trade offices abroad might underline Russia’s strategic economic goal in the Eurasian geopolitical chessboard, especially in Azerbaijan, Iran, China, and the United Arab Emirates.

The recent meeting between Zhaparov and the U.S.-Kyrgyzstan Business Council stressed Bishkek’s desire to strengthen economic relations with the United States and attract U.S. investors in its country. Balancing among these international players could be one of the main challenges that Kyrgyzstan should address, as well as the necessity to maintain control over the population and avoid possible socioeconomic problems.

SpecialEurasia met Vahan Kerobyan, the Minister of Economy of the Republic of Armenia, to investigate current Armenian economic trends and performance, the main drivers’ sectors, investment opportunities and fiscal policy.

During SpecialEurasia’s official mission to Yerevan, our team met with Armenian female entrepreneurs who founded the brand Udivila, which promotes Armenian culture and attempts to carve out a slide of a market where Armenia has not yet been present.

Since August 2022, Tajikistan has started a deflationary process in the consumer sector to reduce the prices of goods and tariffs and stimulate the national economy.

The discovery of a massive deposit of rare earth elements in Turkey might change the geopolitical dynamics in the Eurasian chessboard since Ankara might challenge China, which has had the leading role in the market until now. Furthermore, this finding might change the domestic political scenario in Turkey and quiet doubts and disappointment about the country’s economic performance.

The Russian Federation will host international business companies and government representatives at the St. Petersburg International Economic Forum (SPIEF 2022), an event that underlines the Kremlin’s economic strategy and foreign politics in Eurasia and the global arena.

The Western sanctions against Russia caused by the Ukraine conflict have changed the Kremlin’s foreign policy, which currently seems to be more oriented toward the Eurasian market, as the recent Iran-Russia trade conference highlighted.

Sauri Arabia and Kyrgyzstan discussed investments partnership confirming Riyadh’s desire to improve its economic presence in the Kyrgyz market and Central Asia and Bishkek’s necessity to diversify its financial partners and foreign investors. 

Since the early morning hours, the Russian invasion of Ukraine has affected the financial markets, particularly the Russian economy, creating fears and scepticism among investors and the Russian citizens.