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Turkey is one of Russia’s strongest trade partners. Imposing economic sanctions on yet another country is likely to hurt Russia itself the most.
Putin's visit to China is his first since the West's introduction of sectoral sanctions against Russia. Moscow’s hopes for greater engagement with China have gone unfulfilled. Due to falling commodity prices, sanctions, the volatility of the ruble and the economic crisis in Russia, trade and investments continue to decline, while agreeing on new deals is becoming increasingly difficult.
The heads of the BRICS states who gathered in Ufa for another summit have rather different ideas about why their countries are participating in this organization. The Carnegie Moscow Center asked a number of experts to comment on the motivation of BRICS’ key players: Brazil, India, Russia, and China
Vladimir Putin will likely see the BRICS summit as proof that the West’s attempts to isolate Russia have failed. However, Russia’s growing fascination with the BRICS and the SCO coincides with diminishing Chinese interest in both projects.
This year media publications, state visits, and lofty declarations implied an unprecedented boom in Russian-North Korean relations. However, official 2014 statistics paint a different picture
The Xi’s visit to Moscow was the realization of a “win-win” formula beloved by the Chinese. The negotiations between Xi Jinping and Vladimir Putin can be seen as a shared symbolic victory and as a broad declaration of good intentions, but the fight over who can benefit more in practical terms has already begun
It will take Iran a long time to make up the ground it has lost in the South Caucasus since the end of the Soviet Union.
The story with the Asian Infrastructure Investment Bank, which ended to the benefit of Russian national interests, nevertheless exposes the weakness of the Russian decisionmaking process in relation to the Asia-Pacific.
The European and U.S. sanctions seem to be the most challenging factor for western companies doing business in Russia. As sanctions lists and types of sanctions have got more and more complicated during the last year, clarity has decreased and risks have increased dramatically.
2014 was a year of crisis. Ebola, ISIS, and Donbas are now part of the global lexicon. Eurasia Outlook experts weigh in on how crises on Russia’s periphery affected the country, and what these developments mean for Moscow in 2015.