Economy News

Economy · Trade

Fueling Stability: South Caucasus Gas and the Future of Energy Security in the Levant

On August 2, Azerbaijan began natural gas exports to Syria via Türkiye, marking a new phase in regional energy cooperation. The project, led by SOCAR and supported by both governments, supplies 6 million cubic meters per day of gas to power Syria’s reconstruction and electricity generation. Azerbaijani Minister Mikayil Jabbarov and Syrian Minister Mohammed al-Bashir hailed the initiative as both an economic and humanitarian partnership, symbolizing solidarity and regional unity. With Türkiye’s logistical support, the project establishes a new energy corridor linking the South Caucasus and the Middle East, reinforcing Azerbaijan’s role as a global energy hub and a symbol of post-conflict recovery for Syria.

İsmail PolatOctober 19, 2025

Economy · Investment

Gateway to Eurasia: Kazakhstan’s Rise as a Strategic Investment Hub

In an interview with EUReflect, Aykerim Absamatova, Director of the SEZ “TURAN” in Turkistan, highlights Kazakhstan’s growing appeal as a strategic investment hub linking China, Russia, and the EU. She emphasizes the country’s strengths in political stability, logistics modernization, green energy, agro-processing, and digital innovation. Supported by the Belt and Road Initiative and strong government incentives within Special Economic Zones, Kazakhstan offers investors a reliable, future-oriented environment for sustainable growth and regional expansion.

Botakoz UnbayevaOctober 19, 2025

Economy · Global Economy

Arizona Cornered, Brussels Out of Breath

Belgium faces a dual fiscal crisis: the Federal "Arizona" government (N-VA, MR, Les Engagés, CD&V, Vooruit) is deadlocked over a mandatory €10 billion austerity plan demanded by the EU, while the Brussels Region struggles to fill a €1.5 billion budget hole without a governing majority or a budget deal.

Kadir DuranOctober 25, 2025

Economy · Investment Entrepreneurship

Kadir Duran, Leading Figure of “Tax Man Bruxelles”, Shines During the Turkey–Belgium Economic Mission

The hub.brussels Economic Mission (Oct 20-23, 2025) successfully fostered economic and cultural ties in Türkiye. Highlighted delegate, businessman Kadir Duran (Tax Man Bruxelles, Bruxelles Korner), spearheaded high-level meetings in Istanbul to discuss investment, media partnerships, and long-term cooperation between Brussels and Anatolia.

Kadir DuranOctober 25, 2025

Economy · Global Economy

Nigeria: the new power?

EUReflect NewsOctober 24, 2025

Economy · Trade

Kazakhstan Surpasses Russia and China in GDP Per Capita

In 2025, Kazakhstan has emerged as Central Asia’s leading economy, surpassing both Russia and China in GDP per capita ($14,770), according to the IMF. Backed by low inflation, stable currency, and a balanced budget, the nation continues its transformation into a regional hub for trade, logistics, and innovation. With $35 billion invested in infrastructure and strong growth in transport, digitalization, and renewable energy, Kazakhstan is steering toward economic diversification and non-oil growth. Close ties with the EU—its largest trading partner—are driving industrial modernization and sustainable development. Under President Kassym-Jomart Tokayev’s leadership, Kazakhstan is positioning itself as a multi-vector power and a key connector between Europe and Asia.

Derya SoysalOctober 19, 2025

Economy · Markets

An Interview with the Uzbek Deputy Minister

foreign investment, and sustainable growth. Deputy Minister Ilhom Umrzakov outlined the nation’s priorities: expanding renewable energy, reducing state dominance, and promoting private enterprise. The country targets upper-middle-income status by 2030, driven by FDI, digital infrastructure, and green transformation. Uzbekistan is positioning itself as a regional hub for trade, logistics, and renewable energy, while deepening cooperation with Central Asian and Turkic partners. With legal protections, incentives for investors, and major reforms in energy, infrastructure, and climate resilience, Uzbekistan stands as one of Central Asia’s most promising investment destinations.

Derya SoysalOctober 19, 2025

Economy · Markets

Intelligent Spending in China

As China prepares its 15th Five-Year Plan (2026–2030), the narrative of a “consumption downgrade” is being replaced by one of transformation. Chinese consumers are shifting from materialism to smart, experience-driven consumption — prioritizing quality, emotion, and sustainability over status. Domestic brands like Pop Mart, Laopu Gold, and Mixue Bingcheng reflect this new rational luxury trend. With booming tourism, rising demand for “China-chic” products, and strong service consumption, China’s market shows resilience and maturity. The focus has moved from goods to experiences — signaling an evolution, not a decline, in the world’s second-largest economy.

Botakoz UnbayevaOctober 19, 2025

Economy · Finance Banking

UK on the Brink: Can it Recover?

UK’s household debt is increasing and nearly three in four adults report that their monthly cost-of-living expenses have risen in the past year, pushing them toward reliance on credit and debt to cover necessities.

Uroosa KhanSeptember 19, 2025

Economy · Global Economy

Kazakhstani Products Enter U.S. Supermarket Shelves

Located at the very heart of Eurasia, Kazakhstan is a strategic hub of the New Silk Road between China and Europe.

İsmail PolatSeptember 19, 2025

Economy · Global Economy

Bridging Continents: Kazakhstan’s Rise as a Eurasian Trade Power

Through the expansion of the Trans-Caspian International Transport Corridor (TITR), Kazakhstan is not only reviving the legacy of the ancient Silk Road but also asserting itself as a modern logistics powerhouse.

Derya SoysalAugust 1, 2025

Economy · Global Economy

Kazakhstan and the Netherlands Strengthen Strategic Ties with New Vision for Green Growth and Innovation

Kazakhstan and the Netherlands are deepening their strategic partnership, focusing on increased trade, sustainable development, and technology exchange.

Botakoz UnbayevaJuly 31, 2025

Economy · Global Economy

Azerbaijan and Turkmenistan Deepen Economic and Humanitarian Ties at Baku Summit

Azerbaijan and Turkmenistan have reaffirmed their commitment to strengthening bilateral cooperation during the 8th session of the Joint Intergovernmental Commission on Economic and Humanitarian Collaboration, held in Baku.

Derya SoysalJuly 29, 2025

Economy · Finance Banking

Kazakhstan: Emerging Powerhouse in the Crypto Economy

Cryptocurrency and the creation of strategic Bitcoin reserves have become major initiatives worldwide. Kazakhstan has now joined the ranks of countries preparing to establish their own digital asset reserves.

Derya SoysalJuly 18, 2025

Economy · Finance Banking

Kazakhstan: Born Bold

“Born Bold” is Kazakhstan’s recent international promotion campaign to showcase the country’s dynamic, forward-thinking approach to economic growth, social progress and innovation.

Derya SoysalJuly 9, 2025

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