foreign-economic-relations

The PRC and DPRK in Late 2020 and Early 2021

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Two factors have the greatest impact on the development of relations between the two countries: the coronavirus pandemic, which is hitting economic ties very hard (the closure of borders has caused more damage to the North Korean economy than international sanctions), and the international situation, which continues to position…

On Some Results of China’s Foreign Trade in 2020

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In mid-January 2021 the PRC published a very noteworthy document summarizing its foreign trade in goods for 2020. Its main summary by Xinhua News Agency is defined as follows: “China emerged from the global economic and trade challenges in 2020 as the world’s only major economy to have registered positive growth in foreign trade in goods…

American Advances, Indian and Chinese Money Force Sri Lanka into Difficult Choice

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For several years now, there has been an intense phase of political and economic struggle between the United States and China. PRC claims to be the new major superpower and seeks to push America out of its traditional areas of influence, even in the most literal sense, such as through lucrative trade, massive credits…

The United States and China in Oceania: the Showdown Is Heating Up

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During the modern stage in the geopolitical rivalry among world powers to gain influence in the Asia-Pacific, where it shows up most vividly is in the southern part of the Pacific Ocean: Australia, China, the United States, and Japan are all trying hard to become chummy with the countries in Oceania, but each of those is pursuing…

US is Concerned about the Steps China is about to Take in Central Asia

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Recently, a new stage in the confrontation between China and the United States has unfolded in the vast expanses across Central Asia (CA), Afghanistan, India, and Pakistan. As Washington and Delhi draw closer to each other, Beijing is developing closer ties with the countries in Central Asia, Iran, and Pakistan. Afghanistan…

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…


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