Other Briefings
Turkmenistan Joins Caspian Nations With The International North-South Transport Corridor
Turkmenistan plans to join the International North-South Transport Corridor (INSTC) being established by Russia, Iran and India, the Turkmen Deputy Prime Minister and Foreign Minister Rashid Meredov stated on Friday (August 19).
The Kish Island Free Trade Zone: Iran’s Popular Visa Free Middle East Tourism Hub
Iran has completed a 127-kilometer gas pipeline from its Hormozgan Province to Kish Island, turning connectivity this Monday (August 22).
China-Türkiye: Bilateral Trade and Future Outlook
China and Türkiye are finding more areas of common interest, such as the Belt and Road Initiative, which has increased bilateral trade and investments. In this article, we provide a short brief on bilateral political relations, Chinese investments in Türkiye, and the state of bilateral trade. China-Türkiye relations In terms of official visits, in 2008, […]
Investing In Indonesia’s Halal Market: A US$200 Billion Opportunity For Middle East Businesses
Indonesia’s Government Regulation 39 of 2021 (GR 39/2021) sets out the requirements for businesses to obtain Halal certification for their goods and services. Under the law, products that enter, circulate, and are traded in Indonesia must be Halal certified. To obtain certification, businesses must first apply to the Halal Product Assurance Agency. The agency will […]
Turkish Retailers Snap Up Contracts To Distribute Western Brands In Russia
One way around the Russia sanctions: get someone else to do it for you The Turkish holding FLO Retailing has received the right to sell goods under the Reebok brand in Russia, according to an August 22, mailing that the participants of the Reebok loyalty program began to receive.
Uzbek INSTC Routes To Europe & South Asia Given A Logistics Boost
The Uzbekistan Ministry of Transport has agreed to simplify the regulations for international freight traffic with Iran and Turkmenistan. This is significant as Uzbekistan is a double-landlocked country and needs to reply on neighboring states to facilitate trade. The country, one of Central Asia’s most liberal, signed extensive trade agreements with the European Union and […]
China, Saudi Arabia Announce Massive Strategic Partnership Energy Agreement
Links China’s Belt & Road Initiative with the Saudi Vision 2030 National Development Plan and bodes well for UAE based services and product suppliers. The world’s largest oil-exporting company Saudi Arabian Oil Company (Saudi Aramco) has signed a memorandum of understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec). According to an official statement from […]
Iran’s Regional Foreign Trade Volumes Increase
Iran’s trade with Russia, Turkiye and EAEU all show increases Iran’s regional foreign trade has increased, although some of the figures are patchy due to the changing geopolitical situation concerning Russia. Iran exported 681,000 tons of goods worth US$233 million to member countries of the Eurasian Economic Union (EAEU, including Armenia, Belarus, Kazakhstan, Kyrgyzstan, and […]
Russia And Türkiye Agree To Trade In Rubles And Dump US Dollar
Plans to increase bilateral trade to US$100 billion by 2030 Turkish President Recep Tayyip Erdogan has said that at his meeting with Russian counterpart Vladimir Putin in Sochi on Friday (August 5) they reached an agreement to start using the Ruble in bilateral trade. Erdogan stated “At the meeting in Sochi with Mr. Putin, we […]
Iran Wants To Work With Russia’s Gazprom To Build Gas Pipelines To Pakistan & Oman
Pakistan’s energy consumer market is a population of 221 million with massive CPEC industrialization programmes underway creating huge future demands. Iran’s Petroleum Minister Minister Javad Owji has said that Iran sees prospects for cooperation with Gazprom in joint gas deliveries to neighbouring Pakistan and Oman.
