Tuesday, August 10, 2021
This week we focus on the wider implications of the International North-South Transportation Corridor (INSTC), which runs from India through Iran’s Chabahar Port and onto Russia, Turkey, and Europe. It reconnects India with West Asia for the first time since the 1947 partition. Two articles examine the impact on neighboring Bangladesh, whose economy is booming and is also connecting to the INSTC via its Chittagong and Mongla Ports and India’s Ports at Chennai, Mumbai, and Kandala. The reconnecting of India and Bangladesh with Iran and Afghanistan has specific consequences with the resumption of South Asian trade with West and Central Asia.
We also look at how Chinese diplomacy with the Taliban may lead to a reshaping of Central Asia if Afghanistan can be settled down – China’s Foreign Minister met with Taliban leaders in Tianjin last week.
Concerning Chinese outbound investment, we examine with the help of China Investment Research how China has been structuring its terms and conditions for lending to Belt and Road countries, exploding a few misconceptions as we go. China’s upcoming Free Trade Agreements with Eurasia and the RCEP nations are also discussed in an illuminating webinar.
Further North, we look at Russian plans for resettling Asian Siberia – home to some of the world’s most valuable deposits of nickel, gold, lead, coal, molybdenum, gypsum, diamonds, diopside, silver, zinc, oil, natural gas, timber, and fisheries, bordering Kazakhstan, Mongolia, and China.
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Dezan Shira & Associates provide business intelligence, market research, legal, tax and compliance issues for foreign investors throughout Asia, and have 28 offices across the region. We are members of the Leading Edge Alliance, a network of related firms with offices throughout the world. For assistance with Belt & Road Initiative research, please contact us at firstname.lastname@example.org or visit us at www.dezshira.com. To subscribe to our Belt & Road Initiative portal, please click here.