The adoption of new sanctions by Western countries against Russia has accelerated the reorientation of Russian trade relations towards Eastern countries, which continue to conduct business with local companies and authorities. However, a full-scale shift…
The Middle Trade and Transport Corridor or Trans-Caspian Transport Route is an infrastructure project through which goods can be delivered from China to Europe through the territories of Kazakhstan, Azerbaijan, Georgia and Turkey, that is, bypassing Russia. The idea of the project was first expressed in 2013, and the first practical steps to create the necessary infrastructure and remove trade barriers between the participating countries began in 2015.
At the beginning of 2023, Russia announced the construction of two new transport corridors from China towards Europe, bypassing Kazakhstan. The first is through Kyrgyzstan, Uzbekistan to Turkmenistan, and then through the Caspian Sea to…
Despite statements by several Russian politicians that sanctions imposed on Russia by Western countries largely stimulate the development of the national economy, restrictive measures have led to serious problems for many sectors. In the article, you will learn how a year and a half after the introduction of new sanctions, Russian businesses are seeking a way out of the crisis.
