... between Iran and EAEU. Therefore, serious attention should be paid to this issue in the process of converting the PTA into an FTA.
Nikita Smagin:
Iran in the SCO: a Forced “Look East” Strategy and an Alternative World Order
The forth problem lies ... ... low shipping capacities of Iranian ports in the Caspian Sea, although the country shares a maritime border with Kazakhstan and Russia. The capacity of Turkmen port in Golestan province, Nowshahr and Amirabad ports in Mazandaran province and Anzali and Astara ...
... launching of the RCEP project led by China and the ASEAN economies
The launching of the African Continental Free Trade Area (ACFTA)
BRICS+ summit in South Africa, with invitees being representatives of regional blocs from the Global South
The signing of ... ... the EAEU and ASEAN (2018)
The creation of regional centers of the BRICS New Development Bank (NDB) in South Africa, Brazil and Russia.
Approval of the expansion in the membership of the BRICS New Development Bank (NDB) to include Bangladesh and Uruguay ...
... as oil and gas from the country. These special relations are reflected in the fact that Iran makes up almost 9% of Armenia’s trade turnover.
Definite changes were recorded in the dynamics of trade relations following the conclusion of the interim FTA agreement. In the case of Russia, both exports and imports increased (by 19% and 100%, respectively). Meanwhile, Iran’s trade with Belarus and Kyrgyzstan remained negligible. In the case of Armenia, slight changes have taken place, with exports increasing by 1% and imports falling ...
... Belt and Road Initiative: Towards a New World Order
The EAEU signed its first ever free-trade area (FTA) agreement with Vietnam on May 29, 2015. The agreement entered into force on October 5, 2016. From the outset, the agreement was concluded in the FTA+ format, which stipulates both duty-free trade rules and other interaction formats. Simultaneously with this agreement, the bilateral Russia–Vietnam and Belarus–Vietnam intergovernmental protocols on supporting automotive manufacture in Vietnam entered into force. These agreements established a preferential regime for implementing investment projects for the industrial assembly ...
... diversifying trade will be created. However, there is not much progress being made in this field. Negotiations are still going on the FTA between India and EAEU. The trade between the EAEU members and India is still low. The trade volume between New Delhi and ... ... billion in 2012. In contrary, India’s trade volume with the US and China is higher than its with the EAEU countries, including Russia.
Defence and Space
Debasis Dash:
Recalibrate India — Russia Relationship
On the defense sector, India and Russia have ...
... investment) is due to be finalized by the end of this year. Discussions on an FTA agreement are also under way with India, Israel, Indonesia and a number of other developing countries. Furthermore, on June 20 South Korean Trade Minister Yoo Myung-hee and Russian Economic Development Minister Maxim Oreshkin launched FTA negotiations in services and investment in Moscow.
Currently, more than 20 countries and blocs have expressed interest in creating an FTA with the Eurasian Economic Union, including the likes of Egypt, Jordan, Thailand and Chile. There are also memoranda ...
Working Paper No. 37/2018
This working paper explores the prospects, risks and positive effects of Serbia joining a Free Trade Agreement
with the EAEU. An analysis of current free trade agreements has demonstrated that Serbia strives to maintain a
multi-vector foreign economic policy that straddles Europe and Eurasia. Serbia’s agreements with its European
partners clearly reflect its tendency to systemically fit into the European context, while its agreements with the
countries of the EAEU are...
... differences in their strategic interests, is supported by
3.9 million
Indian diasporas and
USD 126.7
billion of bilateral trade over the years and continues to grow. Today, Indian businesses are more dependent on the U.S and Europe as preferred markets than Russia.
A survey report
on the prospects of Free Trade Agreement (FTA) between India and Eurasian Economic Union (EAEU) prepared by Federation of Indian Chambers of Commerce (FICCI), has highlighted the series of challenges faced by the Indian businesses in the EAEU region. Over 80% of the total respondents have their ...
The emergence of new political formats is usually accompanied by mistrust of the critically minded expert community. However, the emergence of the Russia-Azerbaijan–Iran bloc spanning the western coast of the Caspian Sea could become a powerful impetus for the interpenetration of the three countries’ economies and for institutionalizing political dialog. Are the summit participants themselves ...
... for boosting trade with the EEU. During his four-day trip, Prime Minister Lee Hsien Loong noted that, notwithstanding Russia's current economic woes, the medium to long-term prospects were good. Mr Lee said he hoped Singapore and the EEU could sign an FTA in 2018 when the city-state and Russia celebrate 50 years of diplomatic relations. So far, only Vietnam has signed an FTA with the EEU.
In the realm of sociocultural affairs, the third pillar of the ASEAN Community, 2016 is the ASEAN-Russia Year of Culture. This initiative is designed ...