Russia’s Pivot to Africa
In October 2019, the first Russia-Africa summit was held in the Russian resort city of Sochi, chaired by the presidents of Russia and Egypt, Vladimir Putin and Abdel Fattah el-Sisi, the latter in his capacity of the current chair of the African Union. In total, 43 heads of state and […]
China’s Arctic Policy and Polar Silk Road
In recent years, China has been actively pursuing a policy of strengthening its naval position. The dynamically growing economic and diplomatic influence of China can be detected in nearly every maritime region of the world.
Transport Potential of ECO Region
Developed and developing countries, in addition to taking part in international integration initiatives, strive for creating regional unions among themselves. One such regional structure is the Economic Cooperation Organization (ECO), which focuses on contributing to the development of its member states, removing trade barriers within the ECO region, improving intra-regional […]
Social Media and Language
Each person is constantly changing. To-day we are not the same as yesterday, and this happens not by chance, but under the influence of various factors – the environment, education, the people with whom we interact, the information that we receive daily from various sources. Views, values, thinking are changing, […]
Current Developments ın Kazakhstan’s Insurance Market
In many developed countries, insurance is one of the important strategic sectors of the economy. The financial strength of insurance companies can turn them into the most powerful financial lending institutions. In general, insurance market assessment is based on the volume and growth rate of real insurance premiums. Another equally […]
The First Freight Train Traveling from China to Europe via Turkey
On November 6, 2019, the Chang’an freight train of the China Railway Express Company (CRE), an important tool of the Belt and Road Initiative, reached the destination in Europe using Istanbul’s Marmaray subsea tunnel. The CRE freight train departed from Xi’an, China, traveling through the territory of Kazakhstan with ferry […]
Denuclearization of the Korean Peninsula: Lessons from Kazakhstan
There were high expectations in the international community that the second Trump-Kim summit held in Vietnam in February 2019 would be a turning point in the nuclear disarmament of the Democratic People’s Republic of Korea (DPRK) eventually leading to the complete denuclearization of the Korean Peninsula.
Foreign Economic Policy of the Eurasian Economic Union: The Case of Free Trade Agreements
The Eurasian Economic Union (EAEU) is not only seeking to promote trade between its member states, but also paying much attention to foreign economic policy by signing free trade agreements (FTAs) with third countries. In this context, the EAEU signed an FTA with Vietnam, an interim trade agreement with Iran, […]
Future World Energy Outlook and Global Oil Industry
September 2019 was marked by a an important milestone in the global oil industry when oil and gas stocks’ weighting in the S&P 500 fell to the record low in 40 years since 1979. Exxon Mobil, one of the major oil companies, fell out of the top ten stocks of […]
Transport and Logistics Potential of Turkistan Region
Transport and logistics infrastructure re-mains a priority on the agenda of Kazakhstan’s economic development. Currently, there are several projects and programs for the development of transport infrastructure in Kazakhstan, which are being implemented in the border regions of the country.