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
Russia and Egypt have agreed to sign an agreement on military cooperation that Russian Defense Minister Sergei Shoigu said will define the expanding bilateral defense relations between the two nations “for years to come”, Russian news agencies reported on Tuesday. The agreement will “determine the vector of our military cooperation for years to come,” Shoigu said. “The parties agreed to continue the … Continue reading
India has proposed creating a free trade zone with the Eurasian Economic Union (EEU*). “The question was raised by India, which is now considering a free trade agreement with the Eurasian Economic Union. This is a new level in our relationship. The possibility is being discussed,” Alexey Pushkov, head of the International Committee of Russian State Duma … Continue reading
A cargo train has just completed its maiden round trip journey of 16,156 miles on the world’s longest railway line that connects China to Spain and hopes are high that the new rail link will boost trade, according to an article on The Independent. The new Yixin’ou rail line spans from China and runs through Kazakhstan, Belarus, … Continue reading
President of Belarus Alexander Lukashenko said he was ready to take the role of a guarantor of the Ukrainian troops’ withdrawal from the Debaltseve ‘boiler’. By joinfo.com At a meeting with Sumomo Chakrabarti, President of the European Bank for Reconstruction and Development, President of Belarus Alexander Lukashenko said he was ready to solve the issue … Continue reading
By Naubet Bisenov Kazakh President Nursultan Nazarbayev has ordered his government to adopt new “anti-crisis” measures including cutting budget spending by 10% in order to overcome the current economic difficulties. Nevertheless he claimed that “there is no economic crisis in Kazakhstan” and blamed the “global” economic crisis for the country’s economic troubles. At a government meeting … Continue reading
Vladimir Putin met in Sochi with President of Belarus Alexander Lukashenko. By The Kremlin PRESIDENT OF RUSSIA VLADIMIR PUTIN: Mr Lukashenko, I am very pleased to have this opportunity to meet and discuss our bilateral affairs and development of the integration process between Russia and Belarus within the Union State and also within the new … Continue reading
By Paolo Sorbello Kazakhstan produces around 22 tons of gold each year, a figure comparable to neighboring Kyrgyzstan (18 tons), but only a quarter of Uzbekistan’s production (92 tons). Gold is not a major feature of Kazakhstan’s mining industry, which is dominated by chromium, copper, zinc, and uranium, but it is becoming a key asset … Continue reading
By Mark Adomanis BNE The Eurasian Economic Union (EEU) is an idea that looks great on paper. Clearly based on the European Union’s successful efforts to break down economic and trade barriers between its members, the EEU was supposed to create unified markets in capital, labor and goods. It was, to ape a famous phrase, … Continue reading
By Sergei Kuznetsov in Minsk BNE Russia’s ruble currency crisis has spilled over the border and brought neighbouring Belarus to the edge of its own currency crisis. Russia has shied away from currency controls, but on December 19 Belarus’ central bank was not so shy and introduced a limited set of capital controls in response to … Continue reading