... means that all investment in the Belt and Road is effectively backstopped by the state and denominated in RMB. For host economies, there is nothing wrong with letting the China side take the financial risk if the project is of direct benefit to the host economy. But if the
RMB denominated risk is on the Eurasian side
, and the project is to the benefit of Beijing, such as with Uzbekneftgaz’s pipeline construction, then who is really win-winning?
As the major underwriter for China’s key industrial ...
... between Chinese and Russian transport and communication companies has already yielded results. Thus, the joint efforts of the two countries in the alignment of the Belt and Road Initiative and the Eurasian Economic Union look promising.
2. The Chinese economy continues to demonstrate moderately high growth rates. Its ongoing structural reform creates favourable conditions for developing trade and economic relations with Russia. China and Russia are expected to further expand bilateral trade and investment ...
On June 6, 2018, representatives of Denmark’s Export Credit Agency and the Embassy of Denmark visited Russian International Affairs Council.
On June 6, 2018, representatives of
Denmark’s Export Credit Agency
and the Embassy of Denmark visited Russian International Affairs Council.
The following issues were discussed in the course of the meeting: various aspects of relations between Russia and the West, application of new U.S. sanctions against Russia and Russia's response measures, recent developments...
... the assessments of experts and international organizations range from
optimistic
to
alarmist
. However, even if we were to eliminate the most extreme case scenarios, we could still say with certainty that a fundamental restructuring of the global economy, comparable to the one that took place in the 18th–19th centuries during the First Industrial Revolution, awaits us in the foreseeable future.
According to the World Economic Forum (WEF)
Future of Jobs
report, 65% of today’s primary school ...
On May 17–18, 2018, London hosted an annual international conference «Assessing Risk: Business in Global Disorder» organized by Aspen Institute, Italy, in cooperation with Chatham House, Royal Institute of International Affairs. The conference was organized for the 4th time and traditionally gathered the heads of large European corporations, financial institutions, consulting companies, as well as leading international experts, diplomats, journalists, and government officials from several European...
A new government in Berlin is always a new opportunity — not only for Germany itself, but also for its international partners, Russia including
I understand the fundamentals. Russia lost Germany back in 2014 or even earlier. Seventy-three years after the end of WW2 and twenty-eight years after the reunification, the new generation of Germans owes Russian nothing. After the Ukrainian crisis, no ‘business as usual’ is possible in any foreseeable future; Moscow and Berlin continue to sharply disagree...
... the enemy defences and impose a peace on its own terms.
In a protracted conflict, it is usually the side with the stronger rear that fairs the best. Russia thus faces the vital issue of selecting a development strategy, primarily with regard to its economy. Moscow could go with its habitual pattern of mobilizing the economy, just like the USSR did during World War II. Back then, Nazi Germany had virtually all the economic resources of Europe at its disposal, which significantly exceeded the Soviet ...
... and clients.
In the course of the meeting the participants exchanged views on topical issues of the international agenda, including the prospects for relations between Russia and the West, the impact of American and European sanctions on the Russian economy, and opportunities for international cooperation in resolving current regional conflicts.
Following the meeting, the sides noted the fruitfulness of the dialog and confirmed their readiness to continue the interaction.
... confrontation between the two geopolitical poles. Following the victory of Euromaidan in 2014, one of the first steps taken by the new Ukrainian authorities was to implement association with the European Union. This decision defined the future of the Ukrainian economy, and to a large extent its social life, for years to come.
An Economy of Slow Growth and Debts
Even those experts who are clearly against Russia or oppose the multi-vectored policy adopted by Ukraine admit today that the European Union’s association ...
The European Union has been active in Central Asia since the collapse of the Soviet Union in 1991. The impact of its activities have varied across the five independent Central Asian states: - The political impact of the EU's policies has been the most evident in Kyrgyzstan and to a slightly lesser extent, in Kazakhstan; on the other hand, Tajikistan, Uzbekistan, and Turkmenistan have experienced much less of an impact thus far; - The EU's economic impact has been the strongest in Kazakhstan and to...
