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Parallel imports continue to support Russia’s economy

Location:

RUSSIA

Parallel imports have played a crucial role in securing the supply of goods for the Russian economy. The creation and management of parallel import channels is now an important…

Russia will use CIS partners to conclude more FTAs

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CIS

Unprecedented Western sanctions have pushed Russia to seek new bilateral free trade agreements (FTAs). Moscow is moving fast to create a wide network of agreements with emerging…

China’s AI chip industry will grow but still lag

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CHINA

China is working hard to boost its domestic AI chip industry in response to US restrictions. The support significantly impacts the development of its entire AI sector, the…

Global South will become even more important to Russia

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RUSSIA

Fostering closer trade and financial ties with countries outside the West is essential if Russia is to improve its economic security and enhance its sovereignty. For Moscow it is…

Politics will drive growth in trade de-dollarisation

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INTERNATIONAL

A move away from the US dollar is gaining momentum, driven by the West’s use of economic sanctions, high levels of sovereign debt and a desire to de-link monetary policy from the…

Middle East states will benefit from SCO ties

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MIDDLE EAST

In the past 12 months, Bahrain, Egypt, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates (UAE) have become dialogue partners of the SCO, while Iran has become a full member.

Iran-Azerbaijan relations will improve

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IRAN/AZERBAIJAN

Relations between Azerbaijan and Iran have tended to oscillate between distrust and outright animosity. However, recent events and official statements signal that the two sides…

War in Ukraine will impel Kazakhstan to diversify

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KAZAKHSTAN

Kazakhstan’s economy has weathered well the turbulences created by the war in Ukraine. A new context for the country’s traditional aspirations to balance and diversify economic…

Russia’s car industry will struggle to recover

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RUSSIA

Russia’s full-scale invasion of Ukraine and subsequent Western sanctions caused a severe crisis in the automotive sector. Supply chains were severed, output collapsed and exports…

US trade exposure to China will remain high

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CHINA/UNITED STATES

In January-November, imports of Chinese goods dropped more than 20% year-on-year. China’s share of total US imports plunged to 13.9% from 16.7% in the same period in 2022, while…