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 […]
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 […]
The Abraham Accords Are Attracting Chinese & Western Investment In The Middle East
Dubai is repositioning itself as a Gateway to billions of dollars of Asian investment Op/Ed by Chris Devonshire-Ellis They’ve tended to be under the radar for many, however the Abraham Accords (AA), a series of treaties normalizing diplomatic relations between Israel, the United Arab Emirates (UAE), Bahrain, Sudan, and Morocco are already having a […]
China and Iran: Bilateral Trade Relationship and Future Outlook
Iran is an important economic and trade partner for China in the Middle East. China’s trade with Iran dates back to the ancient Silk Road in the first century BC. In recent years, the two countries have maintained regular high-level contacts, and bilateral economic and trade cooperation has continuously deepened. Iran is also an important […]
