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East Asia
SCO expected to embrace new members in upcoming Tashkent summit
By Zhao Cheng from People’s Daily The heads of state from the Shanghai Cooperation Organization (SCO) countries are expected to take India and Pakistan to the next stage in a process of attaining full membership at the Tashkent summit to be held in late June. If so, the SCO will…
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Central Asia
Eurasian Union to hold expert talks with Iran
Member-countries of the Eurasian Economic Union (EAEU) will hold expert-level talks on creating a free trade zone (FTZ) with Iran at the end of June, Russia’s First Deputy Economic Development Minister Alexei Likhachev told TASS on June 16. “The talks are scheduled for late June. These will be consultations at…
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Central Asia
“Turkey seeks reconciliation with Russia”
Turkey, which bears primary responsibility for the tension, was expected to be the first to seek to settle disagreements – and it has been doing so for several months, expert in Turkic studies Gevorg Petrosyan told Tert.am as he commented on the latest developments in Russia-Turkey relations. “I think it…
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Central Asia
Three International Space Station astronauts land in Kazakhstan
An International Space Station crew including an American, a Briton and a Russian landed safely on June 18 in the sun-drenched steppes of Kazakhstan. The Soyuz space capsule carrying NASA’s Tim Kopra, Tim Peake of the European Space Agency, and Roscosmos’s Yury Malenchenko landed on June 18 about 145 kilometers…
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Central Asia
Western Europe remains Russia’s largest foreign investor
Russia retained the eighth position among European countries by level of foreign direct investment, Tass reports. The number of foreign direct investment (FDI) projects in Russia grew 61% to 201 in 2015, which made Russia one of the leaders in terms of growth rates of the number of such projects,…
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Central Asia
Outflow of Capital From Russia Decreased Almost by 9 Times
Vladimir Putin said that the outflow of capital from Russia has decreased almost by nine times, Sputnik reports. The outflow of capital from Russia has decreased almost by nine times, Russian President Vladimir Putin said on June 17. “The outflow of capital in our country has decreased by [many] times……
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Central Asia
Cash collectors bring $212,000 fake money to Russian bank
A bank in Tatarstan’s capital Kazan has reported to police the swapping of banknotes worth 14 million rubles (over $212,000) for counterfeit money, a spokesperson for the Russian Interior Ministry said on June 16, TASS reports. “According to preliminary reports, some banknotes brought to the bank by cash collectors were…
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East Asia
India to join Shanghai Cooperation Organisation within a year
India is to attain full membership of the Shanghai Cooperation Organisation (SCO) within a year, Secretary General of the six-member political, economic and military alliance led by China and Russia has said, The Indian Express reports. “For almost a year, we held consultations with top representatives from India. To become…
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South East Asia
Putin: Russia, India have great room for expanding economic cooperation
Russia and India need to step up economic cooperation, Russian President Vladimir Putin said, emphasizing that the current trade turnover between the two countries has not reached its potential maximum, Trend reports. “As for our [India-Russia] relations, they have very deep roots, and we highly value this. We have very…
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Central Asia
Iran and Tajikistan stress enhanced cultural cooperation
Iran’s cultural counselor in Tajikistan Ebrahim Khodayar on June 16 underlined the need for enhanced cultural cooperation between Tehran and Dushanbe, IRNA reports. Khodayar was speaking during a meeting with the director of international affairs department of Tajikistan’s Ministry of Culture. During the meeting, the two sides discussed ways for…
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