Russia: Challenges and Energy Risks

The most important products exported by the Russian Federation are oil and petroleum products according to the World Trade Organization (WTO) statistical data. Russia also exports petroleum and petroleum products, natural gas, coal, different types of metals, wood, fertilizer, machinery and equipment. The major oil and gas companies are Tyumen Oil Company (TNK), Lukoil, Gazprom,Continue reading “Russia: Challenges and Energy Risks”

New rounds of talks regarding the bilateral cooperation between Georgia and Turkmenistan

On 30 August 2017, Ashgabat hosted the third reunion of the Joint Georgian-Turkmen Intergovernmental Comission for Economic Cooperation. This meeting brought together experts from the ministers and departments of the two countries. Taking into account both parties’ interest to improve their cooperation in the field of transport, the talks underlined the importance of developing aContinue reading “New rounds of talks regarding the bilateral cooperation between Georgia and Turkmenistan”

Vladimir Putin: central elements of the Sochi speech (October 11th)

On October 11, in Sochi, Russia, two summits were held at the level of the Council of Heads of State of the Commonwealth of Independent States (CIS) and the Supreme Eurasian Economic Council (SEEC). Russia holds the status of coordinator for 2017. The summit was attended by President of Russia Vladimir Putin, President of ArmeniaContinue reading “Vladimir Putin: central elements of the Sochi speech (October 11th)”

Turkey’s possible proposal for a customs agreement with the Eurasian Economic Union

During the 85th edition of the International Izmir Fair, the Turkish economic minister Nihai Zeybekci stated that Turkey works on drafting a proposal to begin the negotiations with the Eurasian Economic Union for signing a customs agreement. According to the minister, such action does not breach the corresponding agreements with the European Union but showsContinue reading “Turkey’s possible proposal for a customs agreement with the Eurasian Economic Union”

Turkey as key regional player in Central Asia

The influence currently exercised by Turkey in the Central Asian republics is developed through bilateral projects focused on education and commercial relations. Central Asian states have declared their sovereignty in 1991 immediately after the collapse of the Union of Soviet Socialist Republics(USSR) and Turkey was the first to recognize their new status and has initiatedContinue reading “Turkey as key regional player in Central Asia”

The meeting of the Turkmen and Russian Presidents and its significance for the relationship between countries

The President of Turkmenistan, Gurbanguly Berdimuhamedow, and his Russian counterpart, Vladimir Putin, met in Ashgabat on October 2, 2017, to sign the Strategic Partnership agreement aimed at furthering the social, cultural and economic relations between the two countries. In addition to this partnership, a large number of agreements on economic, social and cultural-educational issues haveContinue reading “The meeting of the Turkmen and Russian Presidents and its significance for the relationship between countries”

Crimea: strategic importance and post-annexation transformations (2014-2017)

The annexation of Crimea by the Russian Federation triggered a change in the regional balance of power, affecting the entire Extended Black Sea Area. Post annexation transformations  Strategically, through the militarization of the Crimean Peninsula, initiated in March 2014, Russia can generate major security risks by deploying Anti-Access / Area Denial Capabilities (A2/AD). These “umbrellas”Continue reading “Crimea: strategic importance and post-annexation transformations (2014-2017)”

Diplomatic meeting on the future of the nuclear agreement with Iran

During the 72nd United Nations General Assembly, held in New York on September 12- September 25, 2017, Iranian Foreign Minister Mohammad Javad Zarif raised the issue of non-acceptance of the nuclear agreement by the United States of America. He discussed on the future of the nuclear agreement with US Secretary of State Rex Tillerson alongContinue reading “Diplomatic meeting on the future of the nuclear agreement with Iran”

The Shanghai Cooperation Organization and China-Central Asia military cooperation

The Republic of India and the Islamic Republic of Pakistan officially became members of the Shanghai Cooperation Organization (SCO) at the SCO summit that took place on 8-9 June 2017 in Astana. According to the heads of state present at the meeting, full membership of the two countries will facilitate the development of the OrganizationContinue reading “The Shanghai Cooperation Organization and China-Central Asia military cooperation”

Oil price and management of the ruble’s influence from Moscow perspective

The Russian Federation wants its national currency to no longer act like a petrocurrency (national currency of a producing oil country which fluctuates directly proportional to the price of oil). On 5 June 2017, Deputy Finance Minister Vladimir Kolychev declared that, as a result of the operations implemented by the Finance Ministry, the dependency ofContinue reading “Oil price and management of the ruble’s influence from Moscow perspective”