US tensions prompt closer China-Russia cooperation

2019 ◽  
Keyword(s):  
Natural Gas ◽  
Consumer Goods ◽  
The Other ◽  
High Tech ◽  
Content Type ◽  
Economic Relations ◽  
Economic Interaction ◽  
Economic Ties ◽  
The Eu

Subject China-Russia cooperation. Significance Beijing and Moscow are compensating for deteriorating ties with Washington by building -- or at least declaring -- close political and economic relations with each other. Chinese exporters of production and consumer goods are replacing Western companies that are curtailing activities due to Western sanctions and Moscow’s countersanctions. However, neither Beijing nor Moscow sees the other as a true substitute for normal relations with Washington. Impacts China and Russia will more actively use the renminbi and ruble as settlement currencies. Russia will preserve its position as China’s key supplier of oil and will significantly expand deliveries of natural gas. Russia will press for closer ties in high-tech industries; China will be wary, fearing this might prompt new US sanctions. The epicentre of Russia’s foreign economic ties will shift further from the EU to China. Greater economic interaction with Russia will help China cement its relations with other former Soviet countries.

Cyprus and Aegean rows are cooling Greco-Turkish ties

2018 ◽  
Keyword(s):  
Natural Gas ◽  
Eastern Mediterranean ◽  
Content Type ◽  
Economic Relations ◽  
Political Relations ◽  
The Eu

Subject Renewed tensions in the Eastern Mediterranean. Significance After two decades of relative calm, military tensions are on the rise again in the Eastern Mediterranean. At the same time as Turkey is trying to prevent efforts to explore for natural gas off the coast of Cyprus, relations between Athens and Ankara are being strained in the Aegean. These events seem to be driven by an increasingly nationalist outlook in Turkey, which appears to be fuelled by developments in Syria, Ankara’s growing estrangement from its NATO partners and the prospect of elections. Impacts As political relations between Greece and Turkey further deteriorate, economic relations between them will decrease. Calls may grow for Cyprus talks to restart, but a settlement will be harder to find without goodwill between Athens and Ankara. Turkey’s relationship with the EU will be put under further strain as Athens and Nicosia demand solidarity from their European partners.

TRENDS IN THE DEVELOPMENT OF ECONOMIC RELATIONS OF ISRAEL IN THE MIDDLE EAST

2019 ◽  
pp. 13-24
Author(s):  
Evgenii V. Palamarenko ◽  
Keyword(s):  
Middle East ◽  
Russian Language ◽  
Economic Relations ◽  
Trade Relations ◽  
Major Trading Partner ◽  
Economic Interaction ◽  
History Of ◽  
Close Cooperation ◽  
Economic Ties ◽  
Israeli Economy

The lack of Russian-language research on the features of the economic development of Israel as an OECD member state underlines the urgent need to identify new trends in the Israeli economy. Not taking into account the existing variety of humanitarian studies, and especially the concentration of studies on the political history of Israel and its modern component, we can recognize a clear lack of work that would cover Israeli economy. Current trends in Israeli trade relations, which have begun to make the mselves clear, require both consideration of effective trade and economic interaction between Israel and Palestine, and identification of the peculiarities of hidden regional trade and economic ties. Israel and Palestine are in close cooperation on the exchange of labor and goods, despite the lack of a political settlement. For Palestine, Israel is a major trading partner, and Palestine plays a key security role for Israel. The second important aspect in covering new trends in the Israeli economy may be the need to study the nascent format of cooperation between Israel and the Middle East. The article explores the specifics of economic relations between Israel and the countries of the Middle East, reveals the growing role of economic relations between Israel and the countries of the region.

scholarly journals Nothern European Lessons for Eurasian Integration

2021 ◽  
Vol 1 (1) ◽  
pp. 79-91
Author(s):  
L. S. Voronkov
Keyword(s):  
European Union ◽  
Regional Integration ◽  
Nordic Countries ◽  
The Other ◽  
Northern Europe ◽  
The European Union ◽  
Economic Relations ◽  
Eurasian Economic Union ◽  
Economic Union ◽  
The Eu

The paper is dedicated to the differences between the classical instruments for regulating interstate political and trade-economic relations from those used in the development of regional integration processes. Traditionally, the Eurasian Economic Union is compared with the European Union, considering the EU as a close example to follow in the development of integration processes. At the same time, there exist the other models of integration. The author proposes to pay attention to the other models of integration and based on the analysis of documents, reveals the experience of Northern Europe, which demonstrates effective cooperation without infringing on the sovereignty of the participants. The author examines the features of the integration experience of the Nordic countries in relation to the possibility of using its elements in the modern integration practice of the Eurasian Economic Union.

scholarly journals INDIA-RUSSIA ENERGY COOPERATION BLOOMING TIES BEYOND THE HORIZON

2020 ◽  
Vol 8 (11) ◽  
pp. 705-709
Author(s):  
Bhagyadhar Sethy ◽  
Keyword(s):  
Soviet Union ◽  
Natural Gas ◽  
Vital Role ◽  
Policy Framework ◽  
Economic Relations ◽  
Current State ◽  
The Soviet Union ◽  
History Of ◽  
Economic Ties ◽  
Rates Of Growth

Russia and India have a long history of cooperation in the energy sector. The prospects for the development of the energy dialogue are as promising now as they were during the period of friendship between the Soviet Union and India. Since the late 2000s, the Russia–India energy partnership has been enjoying a renaissance. So why is now the time for Russia to think seriously about giving a new impetus to the energy dialogue with India? India is the worlds third largest energy consumer and a major energy importer with steadily growing demand. Russia is a key global producer and exporter of petroleum and natural gas. The two countries needs naturally complement each other. The current energy bilateral cooperation, already strong, can significantly extend to new sources such as Liquefied Natural Gas (LNG). Building on these can be an industry in natural gas vehicles and renewable energy, enabling economic instruments, such as energy benchmarks, and a policy framework, including labour mobility, to develop a skills corridor in energy. This paper examines the current state of Energy and economic relations between India and Russia. It flags the major issues that hinder development of economic ties between the two countries and discusses future prospects for growth. India and Russia have a long-standing relationship and securing an economic and energy partnership is important from both the diplomatic and geopolitical perspectives. Russia has a vital role in ensuring Indias energy security in the coming decade. India imports oil, mostly from the volatile region of the Middle East. However, to sustain current high rates of growth, India needs to secure and diversify its energy sources. How Russia is an obvious choice in this respect?

Tehran and Muscat could deepen economic ties

2017 ◽  
Keyword(s):  
Saudi Arabia ◽  
Political Agenda ◽  
The Political ◽  
Economic Diversification ◽  
Content Type ◽  
Economic Relations ◽  
Military Alliance ◽  
Gcc Countries ◽  
Financial Benefits ◽  
Economic Ties

Significance Oman has historically maintained strong business and diplomatic links with Iran, cutting across the anti-Iranian political agenda pressed by Saudi Arabia on the other Gulf Cooperation Council (GCC) countries. Economic relations are now more important for Muscat than Tehran, while the political ties are most useful for Iranian foreign policy. However, Oman in January 2017 joined the Saudi-led Islamic Military Alliance to Fight Terrorism, comprising 40 countries excluding Iran and Iraq. Impacts Oman’s urgent need for economic diversification will broaden its search for economic partners. If the Iran-Saudi Arabia regional confrontation worsens, Oman’s midway stance could be tilted by financial benefits from either side. In case of a serious Washington-Tehran showdown, Muscat would maintain quiet links with Iran, but ultimately prioritise US relations.

European Parliament vote will raise more TTIP doubts

2015 ◽  
Keyword(s):  
The United States ◽  
European Parliament ◽  
Content Type ◽  
Transatlantic Trade ◽  
Eu Membership ◽  
Deep Integration ◽  
Economic Ties ◽  
Trade Deals ◽  
Trade And Investment ◽  
The Eu

Subject The European Parliament and the Transatlantic Trade and Investment Partnership. Significance The last-minute decision of the European Parliament (EP) to postpone a June 10 debate and vote on the Transatlantic Trade and Investment Partnership (TTIP) has exposed important divisions among its members (MEPs) over whether and how closer EU-US economic ties can be secured. While non-binding at this stage, the debate and vote would have provided important guidance to the European Commission on its priorities and room for manoeuvre as it engages in further negotiations with the United States. TTIP must ultimately be ratified by the EP, which has voted down international agreements in the past. Impacts The EP's difficulties in finalising its views could constrain the Commission in the TTIP negotiations. However, given the EP's ultimate veto over the deal, time spent now on hammering out an ISDS formula it could accept may not be wasted. Any rejection of TTIP, particularly over ISDS, could raise questions over future international trade deals premised on deep integration. TTIP rejection could even jeopardise concluded trade deals awaiting ratification, such as that between the EU and Canada. Progress on TTIP is among the measures sought by UK Prime Minister David Cameron before his EU membership referendum.

Opposition split may mean more violence for Kosovo

2016 ◽  
Keyword(s):  
The Other ◽  
Self Determination ◽  
Content Type ◽  
The Future ◽  
United Front ◽  
The Government ◽  
The One ◽  
The Eu

Subject Kosovo's violent and fragmenting opposition. Significance Three parties which had formed a united front against the government have split into two camps. Vetevendosje (Self-Determination) is on the one side; the Alliance for the Future of Kosovo (AAK) and the Initiative for Kosovo (Nisma), which have formed a formal coalition, are on the other. The split strengthens the government's position. Impacts Further unrest will have damaging consequences for the economy, implementing the Brussels Agreement and Kosovo's passage towards the EU. The governing parties will gain from opposition disunity in any electoral contest, increasing the prospect of early elections. Kosovo's Serbs may implement the devolution aspects of the Brussels Agreement unilaterally, further exacerbating tensions.

Turkey attracts East Europe more than Western ‘core’

2017 ◽  
Keyword(s):  
United States ◽  
The United States ◽  
Former Yugoslavia ◽  
Content Type ◽  
East Europe ◽  
Radical Islam ◽  
Turkish State ◽  
Economic Ties ◽  
The Eu

Subject Erdogan’s visit to Serbia. Significance The Turkish president’s visit to Serbia on October 9-11 was much publicised. Recep Tayyip Erdogan received a hero’s welcome at a rally in Novi Pazar, where he appeared alongside Serbian President Aleksandar Vucic. Both governments are keen to boost economic ties. Impacts Size and location make Serbia a key economic and diplomatic partner for Turkey in former Yugoslavia. The Turkish state will continue to claim leadership over Balkan Muslims and seek to contain the influence of radical Islam. All Balkan governments will seek good ties with Turkey and to minimise any fallout from Erdogan’s spat with the EU and the United States.

Trump Warsaw visit will widen intra-European rifts

2017 ◽  
Keyword(s):  
Foreign Policy ◽  
Czech Republic ◽  
Natural Gas ◽  
Us Foreign Policy ◽  
The Czech Republic ◽  
Content Type ◽  
Policy Success ◽  
Russian President ◽  
Arms Exports ◽  
The Eu

Significance Poland is looking to forge closer ties with Washington to establish its leadership in CEE, counterbalance Franco-German dominance of the EU and present a united front against Russia. Other CEE countries are looking elsewhere for allies, as Russian President Vladimir Putin's upcoming visit to Hungary demonstrates. Impacts Germany and Austria will move to maintain influence in CEE, probably through partnering with the Czech Republic and Slovakia. Russia will work to avoid any threat to its natural gas monopoly in CEE, with Bulgaria and Hungary its levers of influence. Trump will point to gas and arms exports to Poland as a US foreign policy success, though US hawks will remain sceptical about Russia.

Russia's policy on Bosnia seems to be hardening

2019 ◽  
Keyword(s):  
United States ◽  
European Commission ◽  
The United States ◽  
Content Type ◽  
Economic Relations ◽  
Balkan States ◽  
The Eu ◽  
Political Game

Subject Russian influence in Bosnia. Significance Russia seems much more adept at playing the Balkan political game than the EU or the United States. Thanks to that and the gradual weakening of Bosnia’s EU perspective, Russia has managed to fill the EU vacuum and establish influence over Bosnia-Hercegovina (BiH) with a minimum of investment. Impacts BiH could achieve EU candidate status in 2019 if it can satisfy the European Commission that it is meeting required conditions. The EU’s much stronger economic relations with Balkan states will limit Russian influence. Russia’s presence in both Bosnia and Serbia will continue to take the form solely of being able to influence Serbs.

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