EURASIA REGION
Chabahar Port: Southeast Asia’s gateway to Central Asia
The city state is India's strategic partner in Southeast Asia and the financial hub for the Indo-Pacific region. It has a free trade agreement (FTA) with Eurasian Economic Union (EAEU) and is exploring the establishment of a trade and transit corridor with Kazakhstan, in which the Chabahar port would be a key link between SE Asia and Central Asia, according to people in the know.
Putin arrives in Kazakhstan for Russia-China dominated SCO summit
Russian President Vladimir Putin arrived in Kazakhstan for regional security and defense talks, along with bilateral meetings with Chinese and Turkish leaders. The Shanghai Cooperation Organisation (SCO) summit, set for July 3-4 in Astana, will address deepening cooperation among member countries. While Russia and China will dominate the discussions, leaders from several countries, including India, Iran, and Turkey, will attend. UN Secretary-General Antonio Guterres is also expected. Putin plans bilateral talks with Chinese President Xi Jinping and Turkish President Tayyip Erdogan. India's Prime Minister Modi will be represented by Foreign Minister Subrahmanyam Jaishankar.
Modi's coalition government will be beneficial for India, says Eurasia Group
Eurasia Group President Ian Bremmer considers India’s new coalition government under Prime Minister Narendra Modi the best outcome for the country. The divided power structure necessitates consensus-building, benefiting Indian democracy. Modi’s need for allies to govern will drive economic reform but may slow contentious agendas like Hindu nationalism.
Singapore may eye Chabahar Port to create trade & transit corridor between SE Asia & C Asia
Singapore aims to access resource-rich Eurasia through India's Chabahar port in Iran, managed by New Delhi. The port plays a vital role in establishing a trade corridor with Kazakhstan, connecting Southeast Asia and Central Asia.
Russia’s premier foreign policy forum to focus on BRICS role in shaping global financial architecture
The 'Primakov Readings' Forum in Moscow will discuss BRICS priorities in the context of Russian Presidency of BRICS. The theme is 'Russia in the Global Context' with key attendees like Yury Ushakov and Sergey Lavrov.
Singapore and Kazakhstan plan Eurasia to ASEAN trade & transit corridor
Singapore and Kazakhstan strengthen economic ties, enhancing India's role as a link between Southeast Asia and Eurasia. Kazakhstan's transport initiatives and Singapore's expertise create new business opportunities. The countries sign agreements to boost trade and investment, with Singapore investing in Kazakhstan's economy. Cooperation focuses on innovation and digitalization for mutual benefit.
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Asserting its strategic choice, China backs Russia to the hilt
China supports Russia in the Ukraine conflict, defying calls for neutrality. Xi Jinping and Vladimir Putin, autocratic leaders, reaffirm their alliance during Putin's visit to mark the 75th anniversary of diplomatic relations. They strengthen military cooperation, denounce US actions, and agree on deep-space exploration, satellite navigation systems, telecommunications, and a multipolar world order.
Xi, Putin hail ties as 'stabilising' force in chaotic world
Xi Jinping and Vladimir Putin emphasized the crucial role of China-Russia relations in maintaining global peace and stability.
Kabulov's Delhi Trip: India and Russia discuss Kabul engagement, ISIS threat
India and Russia held talks on dealing with the Taliban in Kabul, upcoming UN meetings on Afghanistan, and combating terrorism originating from the Af-Pak and Eurasia regions. They discussed the Taliban's engagement, ISIS/Daesh threats, narcotics trafficking, and the need to prevent a vacuum in Kabul that could lead to ISIS rule. Both countries want to cooperate with the Taliban, although they haven't recognized them officially.
India signs deal with Iran to run Chabahar port
At the end of the 10-year period, both sides will extend their cooperation in Chabahar. IPGL will invest about $120 million in equipping the port, officials said. India has also offered a rupee credit window equivalent to $250 million for mutually identified projects aimed at improving Chabahar-related infrastructure, they said.
As the Ukraine war enters a third year, Putin waits for Western support for Kyiv to wither
The conflict between Russia and Ukraine, now entering its third year, has evolved into a protracted struggle with significant implications. Despite initial predictions of a quick victory for Russia, the conflict has become a prolonged and draining endeavor. Russian President Vladimir Putin appears to be banking on Western support for Ukraine waning over time, while maintaining steady military pressure. Putin has expressed a desire to negotiate an end to the fighting but insists on retaining Russia's gains. The conflict has strained Russia's resources and society, with a recent crackdown on dissent highlighting the Kremlin's authoritarian tactics.
Eurasian states may explore creation of a common digital platform for sharing solutions and best practices
Countries of Eurasia, including Russia and Central Asia, may explore creating a common digital platform for the exchange of technological solutions, patents, and innovative ideas. Kazakhstan's Prime Minister Alikhan Smailov mooted this idea at the Digital Almaty 2024 Forum. India, a leader in the digital world, may play a key part in this process.
We’re going to see more violence in the Mid-East: Ian Bremmer, Eurasia Group
In a Davos interview, political scientist Ian Bremmer, CEO of Eurasia Group, highlighted artificial intelligence (AI) as a major global issue, affecting every sector of the economy, geopolitics, and security. He expressed concerns about the US democracy facing a crisis, especially with the potential candidacy of Donald Trump in the 2024 election. Bremmer emphasized the absence of global leadership at Davos, referring to it as a "G0 Davos.
Russia's Northern Sea Route emerges as key connectivity initiative in Indo-Pacific region
In 2023, cargo shipments along the Northern Sea Route (NSR) reached a record-breaking 36.254 million tons, exceeding the federal project target set by Russia's nuclear entity, Rosatom. This achievement was noted before the year's end, with partner companies, including NOVATEK, Gazprom Neft, LUKOIL, and Nornickel, contributing significantly.
Russia's enduring interests in Asia-Pacific region
Simultaneously, Japan wants to maintain its energy ties with Russia. Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project in Russia in which it has a stake, Industry Minister Yasutoshi Nishimura said early November.
Pollen grains analysis unveils secret of 1st human migration into Eurasia 50,000 yrs ago
Dispersal of people occurred during some of the highest temperatures in the late Pleistocene, which also would have featured higher humidity, the ancient pollen record suggested.
SCO assisting Central Asia to usher in economic stability: Akramjon Nematov
India hosted the SCO summit on July 4 eyeing to expand ties with Central Asia. Sustainable development of Central Asia strengthens the region's role as a gateway and land bridge connecting several strategically important regions of Eurasia. India's just concluded SCO presidency ushered in economic initiatives to benefit the Eurasian economic space.
Uzbekistan President Shavkat Mirziyoyev backs PM Modi on countering terror in Eurasia
Speaking about the vast economic opportunities in the SCO region, he pointed out that SCO accounts for approximately one-third of the global GDP, about 27 percent of foreign direct investments, and up to 20 percent of global trade. “In this context, the initiative to establish a common space for increasing inter-regional trade and industrial-technological cooperation has never been more relevant,” he said.
Kazakhstan calls for boosting INSTC for Eurasian connectivity
Tokayev emphasized the work carried out within the union on transport and communications and transportation and logistics with third countries. Tokayev specifically mentioned connectivity via INSTC that connects India with Russia via Iran. Kazakhstan is also interested in connecting with Chabahar for access to the Indian Ocean Region.
SCO Meet: India is set to pitch for shared Buddhist heritage in Eurasia
The SCO Council of Foreign Ministers will also formalise Iran's entry to the grouping at the summit due in July and deliberate on launching the process for the entry of Belarus. Besides, the foreign ministers will also focus on the entry of India's neighbours, the Maldives and Myanmar, and extended neighbours, Bahrain and Kuwait, as SCO partners, ET has learnt.
Hoteliers to step up hiring this year to fuel expansion plans
Rajesh Kumar, senior vice president for human resources at Lemon Tree Hotels, said the chain will hire at least 2,000 workers for new hotel openings this year.
Wyndham Hotels & Resorts appoints Nikhil Sharma as market managing director for Eurasia
Wyndham Hotels & Resorts has promoted Nikhil Sharma as the new market managing director for Eurasia. In his new role, Sharma will have a full management remit incorporating franchise operations support, regional sales, and revenue management services, alongside the responsibility of steering development strategy for the region.
India needs to simplify pre-construction process: CEO-Eurasia region of Hines
Challenges always exist in every market, and India is no different. India has some challenges with the pre-construction timelines, from the moment you make the determination to invest, to when you can start construction, which means planning the permits, the approvals, all of that aspect. Simplifying the process would be beneficial for developers," said S Lee Timmins, CEO (Eurasia Region) Hines.
India-Russia to explore Technological Alliances in the Greater Eurasia at a Forum in March
Representatives of Russian and Indian government agencies, commercial and industrial organizations will be taking part in the event. The focus of the ‘Technological Alliances in the Greater Eurasia’ plenary session will be the question of how to perfect cooperation between Russia and India in high-tech. Over the course of the two days, panellists will also be discussing an action plan for stakeholders to bolster increased bilateral trade and investment in areas such as smart cities, healthcare, IT and the digitalization of the transport sector.
Greed feeds instability around Eurasia
Over the next five years, as Germany, Japan and India look at scaling up firepower, arms factories will be working overtime to meet demands for a variety of destructive weaponry — from stealth fighter jets to artificial intelligence-enabled swarm drones, air defence systems, maritime force multipliers and beyond.
Russian volcano climbers death toll rises to eight
Russian media initially reported on Saturday that five climbers died while trying to ascend to the top of the Klyuchevskaya Sopka volcano in Russia's far eastern Kamchatka peninsula. The accident occurred about 500 metres below the 4,750-metre (15,884-foot) summit, the reports cited the prosecutor's office of the Kamchatka region as saying.
Rajnath Singh on 3-day Uzbekistan visit from Tuesday to push ties with Eurasia
Singh's Chinese counterpart besides Russian counterpart are also expected to be part of the SCO meet. The meeting held in the run up to the SCO Summit assumes significance amid current geo-political tensions.
Foreign supplied weapons to Ukraine raise fears of smuggling to far away conflicts, terror groups
Weapons smuggling from Ukraine is emerging as a headache both for EU states and interestingly Israel. Ukraine has a history of illegal arms trade with the most prominent case being that of the MV Faina, a Ukrainian cargo ship that was caught trafficking tanks, artillery and AKM assault rifles to Sudan in 2009. The incident came to light when the ship was captured by Somali pirates.
Wyndham announces three new development appointments in Eurasia
The move follows the recent promotion of Govind Mundra to the position of head of development, Eurasia, concentrating on exploring hotel conversion opportunities across the Indian sub-continent.
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