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The Economy section of Eurasia Baike explores the major financial, commercial, and developmental trends shaping Eurasia. Here you will find clear analyses of markets, industries, trade routes, and economic policies across countries such as China, Russia, Central Asian states, Turkey, Iran, and the wider European and Asian regions.
Kang Yoon-seung | Yonhap News Agency – Prime Minister Han Duck-soo said Thursday (22 August) that South Korea will push to expand free trade agreements (FTAs) with emerging markets in Asia and Africa to boost the export-driven economy and enhance supply chain resilience. Han unveiled the trade policy road map during a ministerial meeting to […]
Ulviyya Shahin | AzerNews – In a significant development for regional energy markets, Azerbaijan and Turkiye are poised to formalize an “Operation Agreement” between the Nakhchivan State Energy Service and the Turkish Electricity Transmission Corporation (TEIASH). This upcoming agreement, reported by Azernews via the Telegram channel of the Ministry of Economy of Azerbaijan, aims to streamline and […]
Güler welcomed Umerov with a military ceremony, according to a statement from Turkey’s Ministry of National Defense. After the ceremony, Güler and Umerov had a discussion in the ministry building. On Thursday, August 1, the launching ceremony of a new Ukrainian corvette, “Hetman Ivan Vygovsky”, took place in Istanbul. Today, in Istanbul, together with the […]
According to official statistics, in Russia today there is a rapid increase in the average income of the population, even adjusted for rising prices. However, polls show that about 18-20% of Russians note a deterioration in their financial situation. Experts explain this paradox by the fact that the sample used by sociologists may have a higher share […]
Russia is an important state when it comes to the extractive industry, with exports of USD 319 billion in 2022. This places the Federation as the second largest exporter of raw minerals, the first being the United State of America. This category of exports ranks first in the Russia’s total exports. However, there are a number of […]
In the period between July 2023 and July 2024, rental prices in ”million-plus” cities (cities with over 1 million population) have seen sharp increases, even as much as 40%. The Russian newspaper Izvestia reported about a market study done by Zhilfond that în this 12 months period, rental prices for a one-room apartment in Moscow […]
Iran has made great progress by increasing agricultural production by almost a fifth in a single year, Mohammad Ali Nikbakht, the Minister of Agriculture of the Islamic Republic of Iran, said on July 21, 2024. The results refer to the Iranian calendar year which usually ends on March 20. Therefore, the increase of 19% refers to the […]
The lack of workers is difficult and unnecessary to deny, the problem is getting worse, writes the Russian newspaper Независимая газета | Nezavisimaya Gazeta. From what can be seen, it is the lack of workers, and not sanctions or other factors, that will have an increasing negative impact on the economy of the Russian Federation. These difficulties could […]
The Rasht – Caspian Sea Railway in Gilan province, Iran, was inaugurated on Thursday (June 20) morning in the presence of Iranian and Russian officials, led by the interim President of Iran, Mohammad Mokhber, and the assistant to the President of the Russian Federation, Igor Levitin, along with Igor Babushkin, the governor of Astrakhan province. The […]
Mehdi Soltani, an independent researcher from the Islamic Republic of Iran, wrote for the journal “Международный бизнес | International Business” edited by the Moscow State Institute of International Relations, also known as MGIMO University, a detailed and comprehensive article on “The role of the SCO in economic relations in the context of sanctions, with an […]