On the 9th and 10th of July 2015, the Shanghai Cooperation Organization (SCO) has held a landmark summit in Ufa (Russia), its 15th to date. Ufa has simultaneously hosted the BRICS summit, which was meant to further strengthen economic ties between its five emerging economic powers. Founded in 2001 by Russia, China and four Central… » read more
Turkmenistan has broken Russia’s stranglehold on its gas exports by opening a pipeline through Uzbekistan and Kazakhstan to China. The country’s president Gurbanguly Berdimuhamedov has just made his first trip to New Delhi where the Turkmenistan-Afghanistan-Pakistan-India natural gas pipeline project was discussed. Earlier this year a short pipeline was opened in order to increase exports to Iran, and gas is in the process of being identified for eventual export to Europe via a Trans-Caspian Gas Pipeline and the EU’s Southern Corridor. The era of Russian control over the country’s exports is over, and Ashgabat is taking care to make certain that it is not squeezed between Moscow and Beijing.