EMerging Equity
Mongolia
Russia May Help Launch A Trade Corridor With South And North Korea This Week
By Andrew Korybko, Sputnik News This week’s East Russia Economic Forum in Vladivostok has the chance to bring the two Korea’s closer together with Russia. North and South Korea just barely walked back from the brink of war this week, with both deciding instead to enact concessions to the other and set dates for future talks. Although they have drastically different ideologies … Continue reading
The Ufa Summit: Enlargement Of The Shanghai Co-Operation Organization
The recent summit of the Shanghai Co-operation Organization (SCO) held in the Russian city of Ufa agreed to enlarge the organization. President Putin declared “For the first time since its establishment, we have launched a procedure for admitting new members – India and Pakistan”. By Süreyya Yiğit Documents were signed to begin the accession of … Continue reading
China’s New Silk Road Initiative Is Credit Positive For Emerging Markets Involved, Moody’s Says
China’s ambitious New Silk Road initiative — that aims to deepen the country’s economic integration with more than 40 countries in Asia, the Middle East, and Europe by creating an unbroken transport and infrastructure network to boost connectivity — is credit positive for the emerging market sovereigns involved, Moody’s Investors Services said on Tuesday. Moody’s says … Continue reading
Troublesome Times For The Mongolian Economy
By Mark Goleman In early October of 2014, the Mongolian coalition democratic government, because of its policy known as the “Reform Government” at the initiative of Prime Minister Norovyn Altankhuyag proposed a reform of the government by reducing the number of ministries from 16 to 13 by their merger, updating their composition, etc. Norovyn Altanhuyag, in … Continue reading
India Provides $1 Billion Credit Line To Mongolia, Upgrades Relationship To Strategic Partnership
Indian Prime Minister Narendra Modi on Sunday announced a $1 billion line of credit to Mongolia in addition to upgrading the relationship of the two countries from comprehensive to “strategic partnership”. India will provide Mongolia with a $1 billion line of credit to help the nation fund railway, power, and other infrastructure projects, a much-needed boost for the east-central … Continue reading
China-Led New Silk Road Meets Russia-Led Eurasian Union
By Pepe Escobar, Sputnik News Any – exceptionalist – wishful thinking that Russia and China will abandon their solid “win-win” strategic partnership, fully crafted to their mutual national interests, was dispelled by a crucial visit to Moscow by Chinese Foreign Minister Wang Yi. In Moscow, Wang stressed both Russia’s Look East policy and China’s Go West … Continue reading
China Proposes Creation Of Economic Corridor With Russia, Mongolia
China has proposed the creation of an economic corridor that would link Russia, China, and Mongolia, Russian news agencies reported on Thursday. Chinese Foreign Minister Wang Yi proposed the creation of a “new platform” for economic development between the three nations during a meeting in Beijing with his Mongolian counterpart Lundeg Purevsuren. “Setting up a trilateral economic corridor is one … Continue reading
Emerging Asia Set For “Strong Growth” In 2015, 2016: ADB
Emerging Asia will maintain its strong economic growth in 2015 and 2016, supported by soft commodity prices and recovery in the major industrial economies, a new report from the Asian Development Bank (ADB) says. The ADB’s annual economic report, Asian Development Outlook 2015 (ADO), released on Tuesday, forecasts gross domestic product (GDP) growth in emerging … Continue reading
No Legal Hurdles In Expanding The Shanghai Cooperation Organization (SCO), Secretary General Says
There are no legal hurdles in expanding the Shanghai Cooperation Organization (SCO) and expansion talks will be discussed in the near future with a decision possibly being announced at the summit of SCO and BRICS (Brazil, Russia, India, China and South Africa) in Russia over the summer, the SCO’s Secretary General Dmitry Mezentsev told TASS news agency on … Continue reading
Mongolia: The Future Of Eurasia?
By Neil Thompson, Geopolitical Monitor The country of just 2.8 million is encased between her two giant neighbors, Russia to the north and China to the south. For most of the twentieth century Mongolia was, like many Eastern European states, part of the Soviet empire. Then in 1990 the withdrawal of the Soviet military and of Russia’s … Continue reading
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