Belt and Road Weekly Investor Intelligence #91
There's plenty of activity in the Middle East and Central Asian regions this week to look at, as supply chains and recent regional agreements lead the focus of the Belt and Road Initiative investment party further West. It's the Middle East as a hot spot as we discuss the Abraham Accords and what this means for Dubai and Asia overall as an investment hub. Hundreds of billions of dollars are flowing into and out of the region, yet little is known about what is occurring - except by us.
We also look at supply chain developments and the increasing freight cargo through the Caspian routes, impacting Turkiye, Azerbaijan, Iran and Kazakhstan as well as rerouting Russian transits, and important completion news as concerns the INSTC.
Kazakhstan's President has been talking up Central Asian trade while we finish with our usual BRI global headlines round up.
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The Presidents of Russia, Iran and Turkiyie have met in Tehran to discuss the Syria peace process, however bilateral talks also took place which impact the energy and food crisis's, as well as discussions concerning Ukraine.
We discuss what happened.
The Turkish port of Ambarli handled 9.6 million tons of cargo from January through June 2022, the Ministry of Transport and Infrastructure of Turkiye has stated, showing a significant improvement over 2021, driven by the Ukraine conflict.
EU energy needs may override Armenia's geopolitical issues.
The Rasht-Atara and Rasht-Caspian rail routes are an integral part of Iran's International North-South Transportation Corridor (INSTC) which links Caspian maritime trade directly via rail to Iran's Persian Gulf ports, giving access in the Middle East, East African, India and South Asian supply chains.
Dubai is repositioning itself as a gateway to hundreds of billions of dollars of Asian investment.
Kazakhstan's revenues from the transportation of cargo via its internal water transport infrastructure amounted to 433.8 million tenge (US£907,530) over the period from January through June 2022, an increase of over five times more than during the same period of 2021.
Kazakhstan's President has been talking up Central Asia trade at the Central Asian Heads of State Summit In Kyrgyzstan.
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About Us 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.
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