In the early 2000s, in order to reduce the costs of production, a large number of Western companies moved their industrial facilities to regions with an undeveloped market, cheap labor and low industrial costs for environment.
After the collapse of the Soviet Union, the newly independent states of Central Asia have confronted a number of unresolved issues related to the Soviet legacy of Weapon of Mass Destruction (WMD) development programs.
As it is well known, the economy of Kazakhstan is highly dependent on extractive industries, which has implications for coordinating fiscal policy. During 2014- 2016, Kazakhstan's oil and gas revenues decreased by almost two thirds.
As one of the main global political and economic actors, the European Union (EU) has a special place in Azerbaijan’s foreign policy, which adheres to a multivector cooperation and partnership. The relationship between the two parties dates back to 1991.
The China-Europe Railway Express (CR Express), which includes rail links connecting Chinese cities and European countries, is an international railway transportation service organized by China Railway.