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☆ India downplays SCO Summit but Putin and Xi may not be complaining
▼ + stars: | 2023-07-05 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Last year, the world watched closely as China’s Xi Jinping, Russia’s Vladimir Putin, Narendra Modi of India and other world leaders within a Moscow-friendly group gathered in the Uzbek city of Samarkand for a high-profile, two-day summit. World leaders pose for a photo during the Shanghai Cooperation Organization summit in Samarkand, Uzbekistan, on September 16, 2022. It remains unknown how tight a grip Putin now has on power in Moscow, and although he attended last year’s SCO summit, he has rarely left Russia since his invasion of Ukraine. Face-to-face meetings, however, can also provide opportunity for world leaders to talk out sensitive issues or push on points of contention that may be handled less delicately in a virtual setting. Given their respective ties with Moscow, both China and India have received pressure from the West to limit their relations or even push Putin toward peace.

Persons: Hong Kong CNN —, Xi, Russia’s Vladimir Putin, Narendra Modi, Putin –, Putin, Modi –, –, Modi, ”, Manoj Joshi, India didn’t, Murat Kula, what’s, Wagner, Steve Tsang, It’s, “, Moritz Rudolf, Paul Tsai, Tsang, Putin “ Organizations: Hong Kong CNN, Shanghai Cooperation Organization, SCO, “, Observer Research, Anadolu Agency, Getty, SOAS China Institute, University of London, Moscow, Paul Tsai China Center of, Yale Law School, Central, Soviet, Ukraine Locations: Hong Kong, India, Moscow, Uzbek, Samarkand, Ukraine, Eurasia, Russia, China, New Delhi, Pakistan, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, –, Iran, Washington, ”, Europe, Beijing, Belarus, Central Asia, Soviet Union

Putin spoke to Modi in a call last week to discuss the aftermath of the quashed mercenary mutiny. The summit on Tuesday will also see Modi sharing the virtual stage with Xi for the first time since November when the two leaders were present for the G20 summit in Indonesia. It will also bring Modi face to face online with his Pakistani counterpart Shehbaz Sharif, 10 months after they both attended the SCO summit in Uzbekistan. New Delhi announced last month that the summit will be held virtually, without providing any justification. SCO member nations are expected to discuss Afghanistan, terrorism, regional security, climate change and digital inclusion, among other topics.

Persons: Xi Jinping, Vladimir Putin, Wagner, Narendra Modi, Joe Biden, Putin, Modi, Uzbekistan Modi, Xi, Biden, Shehbaz Sharif, Krishn Kaushik, William Maclean Organizations: Shanghai Cooperation Organisation, Belarus, China’s, SCO, Indian, U.S, Foreign, Thomson Locations: DELHI, India, Iran, China, Russia, Soviet, Pakistan, Eurasia, Belarus, Moscow, Europe, Asia, Ukraine, Uzbekistan, New Delhi, Indonesia, Uzbekistan . New Delhi, Kazakhstan, Afghanistan, Goa, Kashmir

Summary Kazakhstan plans selective mining tax increasesWants to raise VAT rates, cut fuel subsidiesWill borrow to finance China-EU shipping route bypassing RussiaASTANA, June 9 (Reuters) - Kazakhstan plans to raise taxes on mining companies and cut fuel subsidies to balance its budget, while borrowing to develop the shipping route between China and Europe bypassing Russia, Economy Minister Alibek Kuantyrov told Reuters. Kazakhstan has already hiked the mineral extraction tax rate for exchange-traded metals by 50% and other solid minerals by 30% this year, but Kuantyrov said there was room for further increases in the new tax code the cabinet is drafting. "Our minerals extraction tax rates are among the lowest in the world," he said in an interview. The government also wants to raise the VAT rate for most sectors from the current 12%, while cutting it for "socially important" ones such as food staples and medicines. The government wants to tax banks more heavily and will continue cutting car fuel subsidies, a move announced earlier this year.

Persons: Alibek Kuantyrov, Kassym, Jomart Tokayev, Kuantyrov, Mariya Gordeyeva, Tamara Vaal, Olzhas Auyezov, Toby Chopra, Kim Coghill Organizations: EU, Russia ASTANA, Reuters, RUSSIA Kazakhstan, European Bank for Reconstruction, European, Thomson Locations: Kazakhstan, China, Europe, Russia, Ukraine, Soviet, Caucasus, Moscow, Central Asia

☆ These economies benefited from Russia's isolation — but they now risk Western retaliation
▼ + stars: | 2023-06-07 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +9 min

Changing trade patterns in the region are an opportunity, but also a risk. Georgian public support for EU membership has resurged over recent months, with four-fifths (81%) of the population currently in favor joining the bloc, according to a recent poll from U.S.-founded non-profit the National Democratic Institute. Armenia, meanwhile, has never submitted an application for either membership, and other Central Asian countries would not be eligible to join the EU. The geopolitical context with which we [Georgia] are now thought of is with other Central Asia countries. But they don't have EU membership as a target — we do," Kukava said.

Persons: Armenia's, haven't, Mikheil Kukava, Subir Lall, —, Kukava, they're, Ursula von der Leyen, Armen Nurbekyan, Nurbekyan Organizations: Anadolu Agency, Getty, International Monetary Fund, Institute for Development of, CNBC, Russia Western, European Bank for Reconstruction, Development, European Union, Georgia's National Statistics Office, European Commission, of Seven, Central Bank of, EU, NATO, of Information, U.S, National Democratic Institute, Central Locations: Tbilisi, Russian, Moscow, Georgia, Armenia, Ukraine, Russia, Soviet, Russia's, Caucasus, Central Asia, Kazakhstan, Turkey, United Kingdom, United States, Kyrgyzstan, Tajikistan, Azerbaijan, East, Central Bank of Armenia, Armenia's, U.S, of Information Georgia

☆ Turkey at a crossroads: Will it turn to the East or West?
▼ + stars: | 2023-06-06 | by ( Idil Karsit | ) www.cnbc.com time to read: +2 min

Turkey joined NATO in 1952, formally cementing its place in the free world and within the Western fold. The two countries doubled their trade to $68 billion in 2022, despite sanctions on the Russian economy by Turkey's NATO allies. "This creates a system in which midsize players have more space to conduct partially independent foreign policies from the United States," she explained. "As the United States is less interested to play the regional politics, I think Turkey becomes an important actor — a stabilizing actor," he added. As Erdogan secures a third term in office, Turkey is at a crossroads: will it pivot to the East or West?

Persons: Recep Tayyip Erdogan, China —, Senem Aydin, Talha Kose, Erdogan Organizations: NATO, Shanghai Cooperation Organization, China, United, Sabanci University, Foundation for Political, Social Research Locations: Turkey, Ottoman, Russia, United States, China, India, Turkish

☆ Cuban immigrants are joining the Russian army to fight in Ukraine in exchange for citizenship, a report says
▼ + stars: | 2023-05-28 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Cuban immigrants in Russia are reportedly joining the army to fight in Ukraine. In exchange, the immigrants will be given Russian citizenship. The Russian military has been recruiting immigrants, hoping to avoid another mandatory mobilization. Earlier this month, Russian President Vladimir Putin announced that foreigners who enlisted in the Russian army to fight in the war would be entitled to get Russian citizenship along with their families. It has previously been reported that Russian authorities were also trying to recruit Central Asian migrant workers to fight in Ukraine to avoid another mandatory mobilization.

☆ Russia's Wagner claims Bakhmut; Kyiv says situation critical
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +6 min

But meanwhile, to the north and south, they have made their most rapid gains for six months in the surrounding area, seizing swathes of territory from Russian troops. "Wagner troops climbed into Bakhmut like rats into a mousetrap," Oleksander Syrskyi, commander of Ukraine's ground forces, told troops at the Bakhmut front this week. The battle for Bakhmut has revealed a deepening split between Wagner, a mercenary force that has recruited thousands of convicts from Russian prisons, and the regular Russian military. For two weeks, Prigozhin has been issuing daily video and audio messages denouncing Russia's military leadership, often in expletive-laden rants. Moscow has long claimed that capturing Bakhmut would be a stepping stone towards advancing deeper into the Donbas region it claims to have annexed from Ukraine.

☆ China's Xi calls for stable, secure central Asia
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +1 min

[1/2] Chinese President Xi Jinping speaks at the round table during the China-Central Asia Summit in Xi'an, Shaanxi province, China, 19 May 2023. MARK CRISTINO/Pool via REUTERSXIAN, May 19 (Reuters) - China's President Xi Jinping said on Friday that the security, independence and territorial integrity of central Asian nations must be safeguarded. Delivering the keynote speech at the China-Central Asia Summit in the historic city of Xian, Xi said the world needs "a central Asia that is stable, prosperous, harmonious, and well-connected", state media reported. Xi, who is hosting Asian leaders from five central Asian countries, characterized relations between China and its western neighbours as having great vigour and vitality. Leaders from Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan and Tajikistan were on hand for meetings that cover trade and bilateral relations.

☆ China-Central Asia Summit: Ukraine war weakens Russian influence
▼ + stars: | 2023-05-18 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Xi will present visiting Central Asian leaders with “a series of proposals” on the long-term development of ties and sign agreements, Chinese officials said this week. It is “of great interest to Central Asia nowadays to cooperate with China as one of its important alternative markets,” he added. However, Khitakhunov said, Central Asian leaders would be just as keen to have discussions about trade, investment and joint projects with Western players like the European Union. Central Asian countries have also seen and cracked down on popular protests and unrest in recent years. Like China, Central Asia leaders have typically avoided condemning Russia in forums like the UN, for example abstaining on major General Assembly resolutions calling for the withdrawal of Russian troops.

☆ Russia's war on Ukraine latest: Russian retreats reported
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +3 min

[1/3] Ukrainian servicemen of the 128th territorial defence brigade attend a military training, amid Russia's attack on Ukraine, in Donetsk region, Ukraine, May 18, 2023. REUTERS/Bernadett SzaboMay 18 (Reuters) - Ukraine's military and Russia's Wagner private army both reported fresh Russian retreats on the outskirts of Bakhmut, as Kyiv pressed on with its biggest advance for six months ahead of a planned major counteroffensive. FIGHTING* Ukraine's military said its troops had advanced in places by more than a mile. Some of its soldiers on the front line said Russian troops were pounding supply lines to try to halt the gains. But he accused commanders of Russia's regular forces of abandoning vital ground north of the city, exposing his troops.

☆ As the U.S. Attends the G7, China Hosts a Summit of Its Own
▼ + stars: | 2023-05-18 | by ( Nicole Hong | ) www.nytimes.com time to read: +1 min

The inaugural China-Central Asia summit is part of China’s broader aim to strengthen economic and political partnerships with like-minded countries, to counter what it sees as a U.S.-dominated world order that is trying to contain and suppress China. Notably, Mr. Xi’s summit was scheduled on the eve of the annual Group of 7 summit in Hiroshima, Japan, which begins Friday and will be attended by leaders of the world’s wealthiest large democracies, including President Biden. A major topic for the G7 leaders will be how to address what the United States describes as China’s growing assertiveness. Mr. Xi has sought to deepen China’s influence in Central Asia, part of his efforts to burnish his image as a global statesman. China greeted the leaders of five former Soviet republics — Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan — on the tarmac with a huge crowd of dancers and jumping children chanting: “Welcome, welcome!

☆ Central Asia leaders converge in China as Xi touts 'enduring' friendship
▼ + stars: | 2023-05-18 | by ( Andrew Hayley | ) www.reuters.com time to read: +2 min

The first to land was President Kassym-Jomart Tokayev of Kazakhstan - China's largest trading partner in Central Asia - with his face-to-face meeting with Xi on Wednesday ending with a deal to build "enduring friendship" and share "weal and woe". Tokayev's deal with Xi will set the tone for the other bilateral meetings, where China will seek deeper cooperation with other Central Asia states in its quest to achieve greater food, energy and national security. Two-way trade between China and Central Asia hit a record $70 billion last year, with Kazakhstan leading with $31 billion. Kyrgyzstan followed with $15.5 billion, Turkmenistan with $11.2 billion, Uzbekistan with $9.8 billion and Tajikistan with $2 billion. Reporting by Andrew Hayley; writing by Ryan Woo; Editing by Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

XIAN, China, May 17 - China will for the first time host an in-person summit of central Asian leaders this week, seeking to cement ties in a region seen as Russia's backyard as its relations with the West sour. "Beijing wants to promote a new alternative to the global order, and try to persuade the Central Asian region that this new global order is better for them too," said Adina Masalbekova, a research fellow at the OSCE Academy in Bishkek. For the first in-person summit, Xian is a symbolic nod to the importance of economic ties as the city was pivotal in the ancient Silk Road trade route that spans Central Asia. "One of the biggest trump cards that we expect to see at this summit is a serious opening for Central Asian products to enter the Chinese market. But with the region's main backer Russia caught up in a grinding war with Ukraine and subject to international sanctions, analysts say the Central Asian states will welcome Beijing's overtures.

☆ Russia is floating a plan to build a village for conservative Americans who want to move to a 'Christian country' and are tired of liberal ideology in the US
▼ + stars: | 2023-05-12 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Russia is building a village for US expats who are tired of liberal ideology, a lawyer told state media. Russia has in recent years sought to position itself as a bastion for "traditional" moral values. Putin has, in recent years, sought to portray Russia as a country that stands for "traditional" moral, social, and religious values. It said Russia was in a "unique position" to defend and spread conservative views, which the decree called "traditional Russian moral and religious values." The village project also comes as Moscow's war on Ukraine and resulting international sanctions have sullied Russia's reputation among tourists and expatriates.

☆ Russia's military is copying the Wagner playbook of recruiting prisoners to fight in Ukraine, with up to 10,000 signing up in April alone, UK intel says
▼ + stars: | 2023-05-11 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia's military is recruiting fighters for Ukraine directly from prisons, UK intelligence said. The method was previously used by the pro-Kremlin Wagner Group, but it lost access earlier this year. Other investigations have also found Russia is recruiting prisoners to fight. Getting prisoners to fight in Ukraine was a tactic widely used by the Wagner Group, a private mercenary force that has sent tens of thousands of prisoners to Ukraine. It is not clear exactly how many prisoners Wagner sent to Ukraine before it lost access to prisons earlier this year.

☆ The thousands of 'soldiers' marching in Russia's Victory parade weren't actual combat troops, UK intel says
▼ + stars: | 2023-05-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

The "soldiers" that marched in Russia's Victory Day Parade weren't combat soldiers, UK intel said. UK intel said that the majority were auxiliary, paramilitary, and cadets from training camps. The parade featured only one old tank, no aircraft, and a few reluctant world leaders. But UK intelligence says the majority of them likely weren't actual, deployable soldiers fighting in combat. The annual Victory Day Parade — which commemorates the Soviet defeat of Nazi Germany in 1945 — typically shows off Russia's military might and equipment.

☆ Victory Day analysis: Putin tried to project strength, but Moscow parade revealed only his isolation
▼ + stars: | 2023-05-09 | by ( Nathan Hodge | ) edition.cnn.com time to read: +7 min

CNN —For Russian President Vladimir Putin, this year’s Victory Day parade in Red Square was a chance to continue his war on history. It has become a pawn to their cruel and selfish plans.”Despite the pomp of the parade, Putin cuts an increasingly isolated figure. In Russia, Putin and his regime have destroyed these values. A lone Soviet-era T-34 tank leads the procession in Moscow in contrast to the large array of military hardware on display on previous Victory Day parades. “Victory Day is the victory of our grandfathers,” he said.

☆ Putin's Victory Day parade only featured a handful of world leaders, and most seemed reluctant to be there, report claims
▼ + stars: | 2023-05-09 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Vladimir Putin was joined by a small number of world leaders in Moscow for Victory Day. Their attendance certainly marked an improvement on last year, when no foreign leaders joined Putin in Moscow for Victory Day, which was held amid international condemnation of Russia's Ukraine invasion. "The late announcement of Central Asian leaders' attendance likely indicates their reticence to show direct and public support of the war despite Kremlin efforts to project power," said the ISW. Japarov was the only Central Asian leader to confirm his attendance well in advance, accepting his invitation on April 24, Vedmosti reported. Some of the Central Asian leaders who attended the Victory Day parade have been critical of Russia's invasion, and sought to steer a more independent path from Moscow while apparently seeking not to excessively aggravate the Kremlin.

☆ Belarus leader Lukashenko avoids stroll, skips lunch after Moscow parade
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +2 min

Lukashenko, a close Putin ally, looked tired and a little unsteady on his feet, and a bandage was visible on his right hand. His appearance sparked speculation online about his health, though he otherwise showed no obvious sign of being unwell. In a rare departure from custom, the Belarusian president then missed the state lunch hosted by Putin in the Kremlin and attended by the other leaders. Lukashenko later on Tuesday resurfaced for the Victory Day wreath-laying ceremony in Minsk but in another departure from tradition he wore civilian clothes - not a military uniform - and made no speech. At Tuesday's Victory Day parade Putin said Russia was engaged in a "sacred" fight with the West over Ukraine.

☆ The Russian military is trying to recruit Central Asian migrant workers to fight in Ukraine to avoid another mandatory mobilization, UK intel says
▼ + stars: | 2023-05-08 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Russia is attempting to recruit Central Asian migrants to fight in Ukraine, UK intelligence said. They are reportedly being enticed with high payments and offers of a fast track to Russian citizenship. Russia is likely trying to avoid another mandatory mobilization to minimize domestic anger. Recruiters have visited mosques and immigration offices, where staff who speak Tajik and Uzek attempt to recruit migrants, the update said. The attempts to recruit migrants come amid reports that Russia is trying to sign up 400,000 additional soldiers.

☆ China assures Russia, India of deepening 'cooperation'
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +3 min

[1/3] India's Foreign Minister Subrahmanyam Jaishankar and his Chinese counterpart Qin Gang pose for a photograph during the SCO Council of Foreign Ministers' meeting in Goa, India, May 4, 2023. Currently the bloc includes Russia, India, China, Pakistan and four Central Asian countries - Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. Iran and Belarus are expected to be inducted into the SCO at a summit in New Delhi in July, an Indian foreign ministry official said. In a separate meeting with Indian Foreign Minister Subrahmanyam Jaishankar, Qin said China is willing to deepen "coordination and cooperation" on international and regional issues with India and bring ties back to a "healthy" track of development. China's ties with India have deteriorated since 2020, when their troops clashed on a disputed Himalayan border and 24 people were killed.

☆ Uzbek leader wins referendum on extending powers
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +1 min

TASHKENT, May 1 (Reuters) - Uzbekistan has passed a package of constitutional amendments in a referendum, preliminary data showed on Monday, which will allow President Shavkat Mirziyoyev to run for two more seven-year terms when his current one ends in 2026. The reform, passed with 90.21% of Sunday's vote, resets Mirziyoyev's term count, while promising the Central Asian nation's citizens greater social and legal protections. Mirziyoyev, 65, has opened up the former Soviet republic's economy, greatly improved ties with the West, and curbed the powers of security services whose dominance had in previous decades turned the country of 35 million into a police state. Although Tashkent's Western partners are unlikely to approve of the extension of presidential powers, Uzbekistan risks little given the West is seeking support from ex-Soviet nations in its efforts to isolate Russia over its war in Ukraine. Reporting by Mukhammadsharif Mamatkulov, Writing by Olzhas Auyezov, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

The case for investing in India — a nation of 1.4 billion — is clear, and only bolstered by recent geopolitical shifts. As Western leaders look to boost economic cooperation with countries that share similar values, India, the world’s largest democracy, stands to gain. Arun Sankar/AFP/Getty ImagesIndia’s so-called “demographic dividend,” the potential economic growth arising from a large working-age population, represents a major opportunity. A recent Air India order for more than 200 Boeing planes could support more than 1 million American jobs. One consistent with our democratic values, and another not.”‘Economic miracle?’Beyond geopolitics, India’s economic and demographic fundamentals are driving business interest.

SHANGHAI/SINGAPORE, April 28 (Reuters) - Chinese banks are ramping up efforts to promote international use of the yuan, and reporting a surge in cross-border yuan business from the country's booming trade with Russia and deepening ties with the Middle East. Harbin Bank Co (6138.HK), in China's Heilongjiang province neighboring Russia, saw its cross-border yuan business grow nine-fold last year to a record, as the Sino-Russia trade grew briskly after the Ukraine war began. Industrial Bank Co (601166.SS), whose cross-border, corporate payment business jumped 50% last year, has also been actively promoting CIPS, China's own global payment system. The bank said it currently helps 153 foreign and Chinese banks connect to CIPS, to advance China's yuan internationalisation strategy. "Increasing the use of yuan in pricing, and settling cross-border oil and gas trade will give a boost to yuan internationalization."

New Delhi CNN —India’s defense minister told his Chinese counterpart on Thursday that violations of their shared border erode the “entire basis” of relations between the two Asian neighbors. Indian Defense Minister Rajnath Singh made the comments during a meeting with newly appointed Chinese Defense Minister Li Shangfu in New Delhi ahead of a regional security summit on Friday. “He reiterated that violation of existing agreements has eroded the entire basis of bilateral relations and disengagement at the border will logically be followed with de-escalation,” the statement added. His visit comes four days after India and China concluded the 18th round of talks to attempt to resolve the border issue. Pakistan’s Foreign Minister Bilawal Bhutto Zardari’s visit to the country will be the most senior-level one in seven years.

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