Tag "Kazakhstan"
Is Kazakhstan’s economic growth enough?
Despite the economic growth seen over the past few years, culminating in the 2017 Expo, Kazakhstan still has a long way to go before it can be thought of as
Modi’s subtle message to China
While Modi has reached out to China publicly in an attempt to foster a bilateral rapprochement, the Prime Minister’s recent visits suggest the undertaking of an aggressive political-economic stance on
Eurasian Economic Union jeopardised by trade war
Fears of Russia’s declining ruble led Belarus’ government to impose a 30 percent commission on the purchase of foreign currency on December 19th. It comes just weeks before both former Soviet states
Kazakhstan becomes centrepiece in Eurasian diplomacy
In a phase of declining oil prices and economic storm in neighbouring Russia, Kazakhstan has engaged in intense diplomatic activity with the West and other Central Asian countries. Kazakhstan is
New oil tax laws in Russia could backfire
Eurasian integration in the new Eurasian Economic Union forces Russia to introduce a so called “tax maneuver” in its oil industry with negative consequences. Eurasian economic and political integration acquired special importance
Eurasian Economic Union gains momentum
As the Eurasian Economic Union continues to gain momentum, interested parties are lining up and critics are speaking out. Despite the continuing unrest in Eastern Ukraine, economic integration processes are continuing
Caspian Summit may revive Iran’s oil industry
Three previous Caspian Sea summits have failed to produce a consensus on the legal status of the regions natural resources. However, the discovery of energy resources near the Iranian Caspian
Kazakh currency devaluation triggers fuel shortage
The devaluation in February of Kazakhstan’s currency, the tenge, could have far-reaching effects on the availability of fuel in Kyrgyzstan and Tajikistan. On February 11, 2014, the National Bank of
Sino-Russian gas deal: Alliance or partnership?
Does the recent gas deal between Russia and China signal a broader geopolitical alliance between the two countries, or is it simply an economic partnership? The recent announcement of a
Putin wins with Eurasian Economic Union
Russia, Kazakhstan and Belarus recently agreed to establish the Eurasian Economic Union. Like the Custom Union before it, Russia looks to benefit the most. On May 29, Russian President Vladimir Putin,
