Other Briefings
Iran-Afghanistan Railway Back On The Agenda
Would link the industrial Afghanistan city of Herat to the INSTC The two heads of Iran Railways (RAI) and Afghanistan Railways have met to discuss ways to resume the launch of Khaf-Herat Railway. This planned route would extend into Afghanistan’s Western border to the industrial city of Herat and assist with Afghani reconstruction and development. Iran […]
Russian Businesses Seek Trade Advice From Iran, Russia-Iran Exports Up 73%
Russian businessmen have been seeking out Iranian expertise in getting around Western sanctions, and learning how Iranians live under such trading conditions. A report in the Financial Times discusses how that experience is now being shared to reduce US and EU impact on living standards – including accessing products from the global black market, which […]
Iran’s Central Bank Approves Establishing Offshore Banks In Free Trade Zones
The Central Bank of Iran (CBI) has approved the establishment of offshore banks in free trade and industrial zones, according to the Secretary of the Supreme Council of Free and Special Economic Zones Saeed Mohammad, with an Offshore bank already to be established by the Organization of Free Trade-Industrial Zones.
Russia – Iran 2022 Trade Shows Significant Increases
Multiple considerations illustrate massive growth in repositioning global energy resources east instead of west. Javad Owji, Iran’s Minister of Oil said yesterday that Russia-Iran bilateral trade has significantly increased, reaching US$40 billion in the last 18 months. 2021 figures were at US$4 billion, signalling huge 2022 increases.
Iran Ready To Assist In Distribution Of Russian Wheat Harvest
The EU, short of grain, sanctioned the Russian Agricultural Bank, cannot now buy supplies, and has cut Iranian alternative transit routes off from SWIFT. The 2022 Harvest is now heading East. With the West seemingly in knots over wheat and grains supplies from the upcoming 2022 harvest, sanctions appear poised to bite them back with […]
Iran Air Cargo & Passenger Transits Up 128% On 2021
Iranian INSTC trade routes between Europe and Asia are flourishing but when will the EU be pressured into conducting its trade purely with North America? The Ukraine conflict has resulted in unexpected increases in trade flows east, with one of the beneficiaries being Iran. This is because the International North-South Transportation Corridor (INSTC), originally intended […]
Turkmenistan And United Arab Emirates Discuss Upgrading Bilateral Ties
Turkmenistan is continuing its regional integration objectives following decades of relative isolation as it continues to reach out to regional countries in efforts to maximise its potential as a regional trade transit hub and energy supplier. The latest bilateral talks have been with the United Arab Emirates (UAE), the collection of smaller Gulf States that […]
European-Asian Geopolitics – The Implications Of Shifting Supply Chains In Wake Of The Russia-Ukraine Conflict. Part Two: The Caucasus & Iran
By Chris Devonshire-Ellis European Union supply chain routes through to South and Southeast Asia via the International North-South Transportation Corridor. Is Iran stable enough? The Russia-Ukraine conflict is imposing significant changes on global geopolitics and is re-arranging the Eurasian political and supply chain map with considerable impact. In this article I examine the key areas […]
Iran, Turkmenistan Plan Increasing Trade, Investment And Cooperation Ties
Bilateral Trade Grew By 84% in 2021 Iran’s President Ebrahim Raisi discussed developing trade ties with his Turkmen counterpart Serdar Berdimuhamedow on Tuesday (May 3) and that he was sure that the process of expansion of ties between the two countries would be accelerated in Berdimuhamedow’s term of office.
Turkey’s Gemlik Port Transshipments Shoot Up March & April
Gemlik Free Trade Zone facilities will be of interest to adding value to Asian-EU markets More evidence of adaption to the northern rail routes from Russia being sanctioned with the subsequent drop in transshipments between Asia and the EU can be seen in the performance of Turkey’s Gemlik Port on the Marmara Sea, which has […]
