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Geoeconomics

MIDDLE EAST:

IRAN:

  • Iran is reaching out to its old customers in Asia to gauge interest in its crude as the Persian Gulf oil producer ramps up diplomacy in a bid to get U.S. sanctions lifted. Prior to the penalties — put in place to pressure the country into renegotiating a nuclear deal — China and India were Iran’s biggest buyers in Asia, followed by South Korea and Japan. Iran’s crude shipments dwindled to a trickle after sanctions by the former U.S. administration in 2018 and the end of waivers for some countries in 2019, although a number of Chinese refiners continued to take some oil.

SOURCE: BBN BLOOMBERG


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SOUTH ASIA:

MYANMAR:

  • The United States looks to build a coalition to further punish Myanmar’s generals, but it’s not having much success convincing governments in Asia to follow suit. No countries in the region so far have indicated they would support sanctions or any other measures that would hit the military’s finances. Asean, which is based on the principle of nonintervention, was ready “to assist Myanmar in a positive, peaceful and constructive manner”.

SOURCE: STRAIT TIMES


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EURASIA:

RUSSIA:

  • The U.S. Department of the State imposed sanctions on six Russian research institutions, which are known to be involved in the development of chemical weapons program. The decision is made within the case of Alexei Navalny’s poisoning last year. The Western governments have been accusing Russian government with the attempt on the life of the major Russian opposition figure.

SOURCE: 112


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WHAT IS HAPPENING IN GEOPOLITICS? MIDDLE EAST:

NUCLEAR DEAL:

  • UK, France & Germany urge Iran to reverse ‘dangerous’ decision to suspend agreement on short-notice nuclear inspections, as part of its campaign against US sanctions. Washington re-imposed sanctions on Iran and added new ones, including restrictions on the nation’s oil trade and financial sector.

SOURCE: RT


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WHAT IS HAPPENING IN GEOPOLITICS? EUROPE:

RUSSIAN GAS PIPELINES:

  • The EU countries are divided when it comes to the matter of constructing new Russian gas pipelines. As a result of the imprisonment of Alexei Navalny upon his return to Russia in January 2021 and the repression of the opposition in many Russian cities, the European Parliament adopted a resolution calling to halt the Nord Stream 2 project. However, this decision was not unequivocally supported by Germany, which continues to back the construction of the gas pipeline. Washington’s position is contrary to that of Berlin, which seeks to finish the project regardless of the position of the US.

SOURCE: WARSAW INSTITUTE ORG


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WHAT IS HAPPENING IN GEOPOLITICS? EUROPE:

RUSSIAN GAS PIPELINES:

  • It seems that the position of the new American administration remains identical to that of Donald Trump in terms of sanctions against EU-Russia energy projects. Thus, it could be assumed that a number of sanctions against entities involved in the Nord Stream 2 project would be uphold. This is not only due to strictly political but also economic attitudes. Washington is eager to export LNG to European markets, but the Nord Stream 2 project limits the demand for further supplies of this energy source to Europe.

SOURCE: WARSAW INSTITUTE ORG


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EUROPE:

RUSSIA:

  • Russia is ready to sever ties with the EU if the bloc imposes new, economically painful sanctions, Russian Foreign Minister Sergei Lavrov says. The EU has raised the prospect of further sanctions amid a row over the treatment of the jailed Russian opposition leader, Alexei Navalny.

SOURCE: BBC


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MIDDLE EAST:

IRAN:

  • Iranian President Hassan Rouhani urged new US President Joe Biden on the day of his inauguration to return to the 2015 nuclear deal and to lift the sanctions on the Middle Eastern country.

SOURCE: TREND AGENCY


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EUROPE:

BELARUS:

  • Belarusian President Alexander Lukashenko instructed the government to impose tit-for-tat sanctions against Western nations that had earlier slapped sanctions on some Belarusian enterprises as punishment for Lukashenko election’s outcome.

SOURCE: TASS


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LATIN AMERICA:

CUBA:

  • The U.S. announced a decision to designate Cuba as a “state sponsoring terrorism” once again more than five years after removing the country from the list. Cuba strongly condemned the U.S. decision as a hypocritical move full of “political opportunism.” China firmly opposes the United States imposing political suppression and economic sanctions on Cuba under the pretext of fighting terrorism.

SOURCE: CHINA ORG


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