Azimzhan Khitakhunov – Page 2

April 15, 2023

Foreign Policy of the European Union: The Role of China

The foreign policy of the European Union (EU) has experienced substantial changes over the last few years. In 2021, the EU announced the launch of the Global Gateway, a new European strategy to boost smart, clean and secure links in digital, energy and transport sectors and to strengthen health, education […]

April 11, 2023

Russia and Sanctions: How Moscow Looks for Alternatives

Russia’s economy is under significant pressure due to tough sanctions imposed by the United States (US), the European Union (EU), and other countries. The main goal of the sanctions is to restrict Russia’s ability to continue the war against Ukraine. Sanctions targeted almost all key industries of Russia, including mineral […]

January 9, 2023

Geopolitical Crisis and Trade in Agricultural Products: Perspectives for Central Asian Countries

Food is a key product in international trade. Global trade in agricultural products improves food security, affects prices, and directly influences many agricultural input-dependent industries. Higher supplies of agricultural and food products keep prices low and stable, which is important for low-income economies. Therefore, the political stability of the global […]

November 25, 2022

The Risks of Inflation in Central Asia

Inflation remains one of the most important challenges for the global economy. Demand and supply shocks, supply chain issues, changes in fiscal and monetary policy, higher production costs, labor market shocks, geopolitical crises, and external instability, including wars and sanctions, cause higher prices. High inflation affects the well-being and expectations […]

November 1, 2022

The Sixth CICA Summit: Asian Vision of the Global Development

The political situation in the Eurasian countries is one of the frequently discussed issues given the Russian invasion of Ukraine, which led to unprecedented sanctions from the Western countries on Russia. This invasion brought food security risks, especially in low-income countries, an energy crisis in Europe, disruption of supply chains, […]

October 25, 2022

Economic Cooperation of Kazakhstan and Russia: Risks and Perspectives

Russia is one of the key economic partners of Kazakhstan in terms of trade and investments. The countries jointly implement many important projects. However, since the Ukrainian invasion and international sanctions and pressure, economic cooperation with Russia may bring substantial costs for Kazakhstan and other Central Asian countries. Therefore, this […]

July 30, 2022

Does Uzbekistan Turn to the South?

Uzbekistan’s foreign economic policy plays an important role in the implementation of its economic reforms. The country actively supports Central Asian integration, became an observer state in the Eurasian Economic Union, and deepens its cooperation with the European Union and China. At the same time, Uzbekistan’s cooperation with the countries […]

June 20, 2022

Economic Cooperation between Russia and China

Russia’s economy is under severe pressure after it decided to invade Ukraine. The United States, members of the European Union, and other countries imposed sanctions against Russia. Many representatives of the global corporations, which have been working in Russia for decades, left the country. Russia’s major corporations and banks are […]

May 16, 2022

Economic Cooperation between Uzbekistan and China

Uzbekistan remains one of the key countries in Central Asia. Since the implementation of the new economic policy, the country’s economic cooperation with external powers, including Russia, China, and the countries of the European Union has deepened considerably. In this sense, China’s presence in Uzbekistan increased significantly. Therefore, this commentary […]

May 13, 2022

China’s Outward Investments

China’s economic and political rise was driven mainly by its economic reforms, which stimulated a significant inflow of foreign direct investments. These investments allowed China to develop its key sectors, increasing the country’s competitiveness and contributing to the growth of trade. The rise of China’s economy and the accumulation of […]