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China Looking For Free Trade Agreement With Gulf Cooperation Council

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By Chris Devonshire-Ellis  Significant breakthroughs expected in trade, infrastructure and RMB internationalization. China has been the largest export market for GCC countries since 2012 and is the main oil and commercial partner to the GCC. China has upgraded relations with all of them to ‘strategic economic partnerships’ and all have joined the Belt and Road […]

China Opens New Consulate in Bandar Abbas To Support Iranian Belt And Road

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Mohammad-Hossein Malaek, former Iranian ambassador to China and Switzerland, has said a new Chinese consulate in Bandar Abbas port city will foster Beijing’s economic presence on Iran’s Gulf of Oman coastline. Malaek told the Iranian Labour News Agency (ILNA) that Beijing anticipated a leading role in developing the Makran region, the coastal strip along Iran’s […]

Pakistan-Iran-Turkey Rail Freight Line Reopens After Ten Years

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Islamabad-Istanbul rail service resumes and will boost trade among the Economic Cooperation Organisation countries The first freight train to run from Pakistan to Turkey through Iran has departed after a 10-year hiatus in a major boost to the trading capabilities of the three founders of the Economic Cooperation Organization (ECO).

Russia And Iran To Sign 20 Year Cooperation Deal

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By Chris Devonshire-Ellis A combination of Chinese and Russian infrastructure development will help replace decaying assets due to the countries sanctions problems and ensure that Iran’s huge mineral oil and gas assets – it owns 12% of global reserves – continue to supply Central Asia and China.  Tehran and Moscow are about to complete their […]

China And EU Work Together To Finance Turkey Rail Link To Europe

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By Chris Devonshire-Ellis New Istanbul rail link gives EU direct access to the BTK and INSTC rail networks  The China backed Asian Infrastructure Investment Bank (AIIB) and the European Bank for Reconstruction and Development (EBRD) are extending loans to the Turkish government for the construction of a 67 km section of the high-speed railway line from Istanbul to the […]

Russia And UAE To Discuss EAEU Free Trade Agreement

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By Chris Devonshire-Ells Bilateral trade between all EAEU members and the UAE is increasing Russia’s Industry and Trade Minister Denis Manturov has said that the United Arab Emirates (UAE) has suggested creating a free trade agreement with the Eurasian Economic Union (EAEU) and that the issue is being discussed.

Egypt & Saudi Arabia To Join Shanghai Cooperation Organisation As Dialogue Partners

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By Chris Devonshire-Ellis Move helps plan Afghanistan restructuring and means increased regional dialogue exists to solve regional issues Both Egypt and Saudi Arabia are about to become Dialogue Partners of the Shanghai Cooperation Organisation (SCO). The SCO includes China, as well as three EAEU nations Kazakhstan, Kyrgyzstan and Russia, the CIS nations of Tajikistan and Uzbekistan […]

China and Iran: Bilateral Trade Relationship and Future Outlook

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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 […]

Iran’s Chabahar Port And Bangladesh’s West Asian Reconnection Opportunity

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By Pathik Hasan  For decades now India has made requests to Pakistan concerning the provision of overland transit facilities to markets in Iran and beyond, in return for the millions of dollars Islamabad would earn in transit fees. Pakistan has never agreed.

Algeria To Coordinate National Development Plans With China’s Belt And Road Initiative

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El Hamdania Port to be one of the largest in the Meditteranean By Chris Devonshire-Ellis  Chinese Foreign Minister Wang Yi has concluded his Middle East tour – his second this year – with a trip to discuss bilateral matters with the Algerian President Abdelmadjid Tebboune and the Algerian Foreign Minister Ramtane Lamamra.

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