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EU provisionally agrees on mechanism against economic coercion
29 March 2023
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- "Georgia is a core country of the South Caucasus. It is not possible to visualise the region without Georgia."
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- Monday Commentary: Forged in fire: Volodymyr Zelensky has defined the new Ukraine
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Kazakhstan and China sign commercial agreements worth $565m
29 March 2023
On Tuesday (28 March) it was announced that Kazakh and Chinese business leaders signed 16 different documents strengthening bilateral relations. The agreements were signed on the sidelines of the "Second friendly dialogue of cross-border cooperation between the Republic of Kazakhstan and the Xinjiang Uygur Autonomous Region (XUAR) of the People's Republic of China". The documents included six interregional agreements, five memoranda of understanding, and five commercial agreements totalling a value of $565m. The agreements cover the sectors of construction, energy, mining, agriculture, food industry, engineering, tourism, investment, and others. The forum was held alongside a visit of the Political Bureau of the Central Committee of the Chinese Communist Party and Communist Party Secretary of XUAR, Ma Xingrui, to Kazakhstan. At the meeting, Chinese and Kazakh officials and entrepreneurs discussed ways to improve the efficiency of checkpoints, logistics centers, and transport infrastructure along the almost 1,800km-long border. Speaking at the event, the Kazakh Deputy Prime Minister and Minister of Trade and Integration Serik Zhumangarin said Kazakhstan is ready to export some 135 industrial and agricultural products worth over $1 billion to China.
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Commentary: Yemen is where the resilience of the Iran-Saudi deal will be tested
28 March 2023
Developments in Yemen over the last days do not augur well for the 10 March Iran-Saudi Arabia normalisation deal, writes commonspace.eu in this commentary, writing that "it is in Yemen where the biggest test for the resilience of the Beijing agreement will come, sooner rather than later." On 10 March in Beijing, Iran and Saudi Arabia together with China signed an agreement that amongst other things provides for the restoration of diplomatic relations between Tehran and Riyadh. The agreement has many other provisions, and remains confidential, but it is widely understood that it contains provisions for lessening tensions in the region and taking the heat out of some hotspots where the two regional powers continue to look each other in the eye. Yemen invariably is at the top of the agenda.
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Hungarian Parliament approves Finland NATO membership
28 March 2023
Over 10 months after Finland applied to join the NATO military alliance, the Hungarian Parliament has ratified Finland's application to the currently 30-member bloc in a vote on Monday (27 March). The vote was passed by 182 votes for and only 6 votes against. In order to become a NATO member, an applicant country must be approved by every member state individually, and following Hungary's approval yesterday only one country remains, Turkey. Turkey's approval of Finland's application to NATO is indeed expected soon as the country after the country's parliamentary committee on foreign affairs approved their application last week. A parliamentary vote on accession is expected before the country's presidential elections on 14 May. Yesterday's vote comes after months of delay in both Budapest and Ankara over Finland and Sweden's NATO membership prospects. While Hungarian officials had spent months insisting that they simply busy with other business, at the end of last month the Hungarian Prime Minister Viktor Orbán threatened to throw a spanner in the works over Finland and Sweden's history of open criticism of rule-of-law in Hungary.
