Economy & Trade

The China-Iran 25-Year Cooperation Agreement: What is it and Should Investors be Encouraged?

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We take a look back at the China-Iran 25-Year Cooperation Agreement, signed on March 27, 2021, and its implications for the status quo. China and Iran signed a 25-year strategic cooperation agreement on March 27, 2021, addressing economic issues amid crippling US sanctions on Iran. The deal was reached on the 50th anniversary of the […]

Turkey to Forge Closer Ties with ASEAN and Asia

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Turkey is seeking to forge closer ties with ASEAN and Asia through its Asia Anew initiative which was launched in late 2019. The Turkish government is keen to point that the Asia Anew initiative does not constitute an axis shift in its foreign policy, but a way to diversify its economic partnerships.

Russia, Iran, and Turkey Establish Foreign Trade Action Plan to Cease US Dollar Trade

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Russia, Iran and Turkey will establish a Foreign Trade Action Plan among themselves and will cease to use the US$ as a trading currency between them.

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