There has been a recent accelerating trend towards “de-dollarization” in emerging markets. According to media reports, on April 1, the Indian Ministry of Foreign Affairs announced that India and Malaysia had agreed to settle trade in Indian rupees. Earlier, India and Russia were also pushing for a local currency settlement …

The president of Azerbaijan Ilham Aliyev issued the presidential order for the adoption of a five priorities list (1) for the Socio-Economic development of the country in 2021. These priorities under the tagline Azerbaijan Vision 2030 are primarily concerned with the transformation of the oil-centric economy to a multi-centric economy, …

Russians are showing a growing interest in obtaining Kyrgyz passports as a way out of their country — which has been isolated in the wake of Moscow’s invasion of Ukraine early last year. Private Russian firms promote the Kyrgyz passport as a door opener to subsequently being able to travel, …