foreign-economic-relations

Tokelau’s Interests amid Struggle between Global Powers

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Tokelau is a dependent territory of New Zealand comprised of three tropical coral atolls, or ring-shaped islands, situated about halfway between New Zealand and Hawaii. The islands only have a population of about 1,500 people. The nationals of Tokelau are called Tokelauans, most of whom are ethnic Polynesians and speak their own language, Tokelauan…

Russia and New Zealand, the Dialogue Continues

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In 2019, the Russian Federation and New Zealand marked the 75th anniversary since diplomatic ties between the two nations had been established. At present, when Oceania and the entire Asia-Pacific region have become the battleground for the political and economic confrontation between China and the West, the Russian Federation…

Global Tourism and International Environment 2018-2019

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It is 2020 and time for the world to sum up the outcomes of different economic sectors, including tourism. At first glance, the tourist industry does not appears to be an important part of the business sphere, unlike the sale of oil and weapons is. However, nowadays, there are hundreds of millions of tourists who not only pay…

The Coal Industry and its Future

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Hydrocarbons are part of the foundation of modern civilization, and the production and sale of these natural resources is one of the most profitable businesses. It would be fair to say that any country with hydrocarbon deposits and a highly-developed mining industry can count them as major assets. These days however, some fossil fuels are valued less than others…

Uzbekistan Decided to Join the EAEU

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As it’s been demonstrated by the results of the recent meeting of the Supreme Eurasian Economic Council (SEEC), which just came to a closure in Yerevan, the Eurasian Economic Union (EAEU) is expanding the geography of cooperation. On top of Iran and Singapore, that have already joined the EAEU free trade zone, Uzbekistan is planning…

Economic Cooperation between South Korea and Russia

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Russia has for some time now supported the idea of Eurasian integration and the creation of a single economic space in Eurasia. With this aim in mind, the Russian Federation has been collaborating with the nations on the continent in a bilateral format as well as within frameworks of various organizations, such as the Eurasian Economic Union (EAEU)…

What Does Mongolia Want and What Do Others Want from Mongolia?

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Mongolia is truly a bridge between Europe and Asia, and its location is fairly important strategically. However, because of economic inequality and numerous social problems plaguing this nation at the end of the previous century, there was limited interest in Mongolia from leading…

The EAEU Expands Westward

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The Eurasian Economic Union (EAEU) was established at the beginning of 2015. The founding member states were Russia, Belarus, and Kazakhstan, joined by Armenia on January 2 and Kyrgyzstan in August 2015. The EAEU has not accepted any new countries as full member states since then, but the Union is open to the possibility of cooperating with countries all around the world, not just countries in Eurasia, and…

Korea-Japan Relations Plunge: Japan Strikes Again

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The trade war between Japan and South Korea caused by the decision of Seoul to ignore the results of the 1965 Agreement is reaching a new level. As expected, all attempts to somehow de-escalate the confrontation failed. On July 31, 2019 a group of members of the National Assembly of South Korea paid a two-day visit to Japan in…

KAMAZ: Globally Recognized Russian Technology

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Among the numerous products of the Russian industry which are in considerable demand abroad, one of the important ones is the trucks of the Kama automobile plant (KAMAZ). The KAMAZ brand trucks have seen several decades of popularity in various countries of the world thanks to their loading capacity and…

Railway Engineering Technologies are Helping Russia Consolidate its Position in Africa

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Improving rail connectivity is one of the key priorities for African nations. The continent’s railway network is far from developed and consists of tracks built a long time ago by European colonizers or other foreign partners working on local initiatives. Train lines in the Northern…

OBOR Initiative: Critics and New Members

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The second BRF-2019 Summit in Beijing became a landmark event that marked achievements of this infrastructure project, which, in 2016, changed its former name One Belt, One Road (OBOR) to Belt Road Initiative (BRI). The word ‘Belt’ refers to land routes, while ‘Road’ to maritime routes, the words “one, one” were removed from…


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