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Oil Price Drops Raise Fears of Unrest

Dimitris Giannakopoulos

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Welcome to the Caspian Daily, where you will find the 10 most important things you need to know on Caspian Sea Region. We appreciate ideas, reports, news and interesting articles. Send along to Caspian[at]moderndiplomacy.eu or on Twitter: @DGiannakopoulos

1Oil, the lifeblood of many countries that produce and sell it, appears to be rapidly turning into an ever-cheaper economic curse.While the price has been declining for months, forecasts have always been hedged with the assumption that oil would eventually stabilize or at least not stay low for long. But new anxieties about frailties in China, the world’s most voracious consumer of energy, have raised fears that the price of oil, now 30 percent lower than it was just a few months ago, could remain depressed far longer than even the most pessimistic projections, and do even deeper damage to oil exporters. [New York Times]

2Russian President Vladimir Putin will meet with his Egyptian counterpart Abdel Fatah Al-Sisi along with King Abdullah II of Jordan and the crown prince of Abu Dhabi, Sheikh Mohammed Al-Nahyan, in a series of talks starting on Tuesday in Moscow. Putin’s meeting with King Abdullah will pay special attention to the implementation of joint projects, including the construction of the first Jordanian nuclear power plant, according to a statement released by the Kremlin on Monday. Talks with Crown Prince Al-Nahyan, also the deputy supreme commander of the armed forces of the United Arab Emirates, will focus on enhancing security and stability in the Middle East and North Africa, in addition to bilateral cooperation in energy and investment.

3New gas field discovered in Turkmenistan. A powerful commercial natural gas inflow was obtained at the ‘Bagly-1’ area in the Karakum Desert in Turkmenistan’s Mary Province, the Turkmen newspaper ‘Neutral Turkmenistan’ said. According to the newspaper this happened after the first exploration well at the area reached a depth of 4,690 meters. The daily hydrocarbon output at the new field exceeds one and a half million cubic meters. The newspaper said the new field’s prospect can also be judged from its being located a few dozen kilometers away from the gigantic Galkynysh field, which is famous worldwide for its explored and proven natural gas reserves.

4Azerbaijan`s investment potential will be discussed as part of “Milan Expo-2015″ international exhibition on Tuesday.”Invest in Azerbaijan: Business environment and opportunities” event will be co-organized by the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and Azerbaijan-Italy Trade Institute (ITAZERCOM).The agenda includes discussions on prospects for cooperation between the two countries in the fields of information and communication technologies, agriculture, chemistry, mechanics, environment, industry and construction.The event will bring together representatives of AZPROMO, Azerbaijan Investment Company, Sumgait Chemical Industrial Park, and Clean City company.

5Kazakhstan’s Air Defence Forces have received five air defence missile systems from Russia according to the press-office of Kazakhstan’s Ministry of Defense.“These S300PS air defence missile systems will be tested during live fire exercise and transferred to military bases of Kazakhstan’s Air Defence Forces to be in operation readiness covering the airspace of the Republic of Kazakhstan,” the Commander of Kazakhstan’s AA Troops Nurzhan Mukanov said. The S300PS AA missile systems were given to Kazakhstan free of charge.

6Preparation for the official visit of Turkmen President Gurbanguly Berdimuhammadov to Afghanistan, scheduled for August 27 was discussed at the last meeting of the Cabinet of Ministers in Ashgabat, the Turkmen government reported. The president of Turkmenistan said that the country’s stance is exclusively peaceful settlement of the situation in Afghanistan by taking concrete steps to restore the Afghan economy and social infrastructure, according to the message.All this is proved by large-scale projects initiated by the Turkmen side, such as the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline and the construction of Turkmenistan-Afghanistan-Tajikistan railway, which started in 2013.

7Azerbaijan has expanded the investment in the social and economic spheres of the country in January to July, 2015.The investments in the mentioned spheres increased by 3.5 percent as compared with the same period of the past year, according to the report of the Azerbaijan State Statistical Committee.The total amount of investments amounted to 9.37 billion manats (over $8.94 billion), including 58.6 percent of internal investments.The government allocated the largest investments in the field of the construction and installation works for this period, amounting to 74.7 percent of the total volume of investments.

8Ahead of a high-level technical delegation from Iran, the Ministry of Commerce on Monday explored various avenues to enhance bilateral trade to $5 billion in the next five years after lifting of international sanctions against Iran. A delegation from Iran will visit Islamabad on August 25-26 to revive the trade links. Pakistan has a narrow export basket to Iran because 63 per cent of exports comprised of rice alone. Pakistan’s exports to Iran fell to a low level of $43 million in 2014 from $182m in 2010. While Iranian imports fell to $186m in 2014 from $884m in 2010.

9Duda on Top of Russian Threat. Poland sees Russia as a pre-eminent threat. This has been the essence of speeches made by Andrzej Duda, the newly appointed President who has called for additional security guarantees from NATO and has plans to create an anti-Russian bloc within the organization alongside other Eastern European countries. Given Duda’s attitude, it would seem that Russian–Polish relations could deteriorate even further, while tensions in the Baltic–Black Sea Region as a whole will increase sharply. Vadim Trukhachev for RIAC.

10The first lady of Azerbaijan, ISESCO Goodwill Ambassador Mehriban Aliyeva is a very dynamic person with great talents and open-mindedness, Director General of the Islamic Educational, Scientific and Cultural Organization (ISESCO) Dr. Abdulaziz Othman Altwaijri said in an interview with Trend news agency.“She has always been an advocate of dialogue and positive interaction between cultures,” he said.The ISESCO director general went on to add that Mehriban Aliyeva’s support to the World Forum on Intercultural Dialogue is a strong factor of its success in achieving its noble objectives.

Journalist, specialized in Middle East, Russia & FSU, Terrorism and Security issues. Founder and Editor-in-chief of the Modern Diplomacy magazine. follow @DGiannakopoulos

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Eurasian Research on Modern China-Eurasia Conference

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October 26-27, 2018,National Academy of Sciences, Armenia.

Address: Marshal Bagramyan 24, Yerevan, Armenia.

Organizers:“China-Eurasia” Council for Political and Strategic Research, Foundation, Armenia,Institute of Oriental Studies,National Academy of Sciences, Armeniaand Department of Oriental Studies, ISEC, National Academy of Sciences, Armenia.

Supported by:“Transport Project Implementation Organization” SNCO,Armenia,“Diplomatic Foundation of Armenia” and “Modern Diplomacy”, Greece.

Table of Contents

(English Language Panels)

  • Panel 1։ China and Eurasian Economics
  • Panel 2։China’s One Belt, One Road and the World
  • Panel 3։ China and One Belt One Road Initiative
  • Panel 4։ China, Eurasia and Politics
  • Panel 5: The History of Interaction between China and Eurasia
  • Panel 6։ China and the South Caucasus
  • Panel 7:China and Eurasia (International Relations)

October 26, 2018

Welcome Address (11:00-11:30)

Panel 1: (English Language). China and Eurasian Economics(11:45-13:40)

Ma Bin, (Fudan University, China), “Railway Express between China and EU:New Model of International Transportation or Traditional tool of Economic Growth?”.

Connor Judge (SOAS, University of London, Great Britain), “Competing Narratives for Chinese Investment: Serbia and Mongolia”.

Srdjan Uljevic, (American University of Central Asia, Kyrgyz Republic),

“India’s Foreign Policy in the Age of China’s Dominance in Asia”.

Arjun Chapagain, June Wang, Linda Che-lan Li, (City University of Hong, China),

“The Trans-Himalayan Trade of Medicinal and Aromatic Plants: AGeo-Historical Political Lens”.

Anna Zalinyan, (Armenia), “Peculiaritiesbetween China and European Countries on Public Administration Reforms”.

Key note Speech 13:40-14:00

Zachary Paikin (University of Kent, Great Britain, Senior Editor at Global Brief Magazine)

“The Future of Liberal Order: Russia-China Relations and Eurasian Consequences”.

October 26, 2018 (11:50-12:30)

Panel 2: (Russian Language) China’s One Belt, One Road and the World-Панель 2 Китайская инициативаОдин пояс, один путь и мир

AnatolyTsvyk, (RUDN University, Russia),

“The EU and OBOR: Mutual Benefit or Competition?” / ЦвыкАнатолий. (Российский университет дружбы народов, Россия).«Европейский союз и инициатива «Один пояс, один путь»: взаимная выгода или конкуренция?».

Konstantin Tasits,(Russian Institute for Strategic Studies, Russia),

“Sino-Georgian Economic Relations in Modern Era”. Тасиц Константин. (Российский институт стратегических исследований Россия).  «Экономические отношения Грузии и Китая на современном этапе».

Coffee/Pastries (14:00-14:30)

October 26, 2018

Panel 3։ (English Language) China and One Belt One Road Initiative (14:30-17:00)

Jukka Aukia, (University of Turku, Finland),

“Belt and Road: the Baltic States within the 16+1”.

Uzma Siraj,(Federal Urdu University Islamabad, Pakistan),

“Eastern Europe Between Constraints, Coercion, and Opportunities: BRI and China Challenging Russia and EU in their Backyard”.

Mher Sahakyan, (“China-Eurasia” Council for Political and Strategic Research, Armenia).

“China’s One Belt, One Road Initiative and Armenia”.

Ma Xiaoyun, (Party School of CPC Tongling Municipal Committee, China),

“OBOR and China’s Midland Open Economy Development-A Case Study on Anhui”.

Gabriel de Rezende Piccinini, Alena Vysotskaya Guedes Vieira(University of Minho, Portugal),

“The Eurasian Economic Union and the One Belt, One Road Initiative: how Brazil and the European Union See It”.

Clayton HazvineiVhumbunu, (University of KwaZulu-Natal, Republic of South Africa).

“The Economic Impact of China’s One Belt, One Road Initiative on Eurasia”.

Ani Hakhverdyan (Russian-Armenian University, Armenia), “The Energy Silk Road”.

October 26 (17:20) ****Drinks and Pizza (Reception).

October 27

Panel 4։ (English Language) China, Eurasia and Politics(10:00-12:20)

Anahit Parzyan, (“China-Eurasia” Council for Political and Strategic Research, Foundation, Armenia), “Some aspects of Digitalization of China”.

Maximilian Ohle, (Nankai University), Richard J. Cook, (Nankai University), Zhaoying Han, (Nankai University China, the Editor-in-Chief of the Nankai Journal),

“China’s Engagement with Kazakhstan and Russia’s Zugzwang: Why is Astana Incurring Regional Power Hedging?”

Izabella Muradyan, (Chinese Centre Culture and Science, Armenia),

“Geo-Economic Cooperation with China under One Belt, One Road Initiative: Armenian Keys from EAEU”.

Luiza Grigoryan, (European University in Armenia),

“China and the Brics”.

October 27, 2018 (10:00-11:20)

Panel 5: (Russian Language) The History of Interaction between China and Eurasia-Панель 5. Историясношения (Китай-Евразия)

Sergey Kozlovsky, (The Ivan Franko National University of Lviv, Ukraine), “The Theory and genesis of Pax Sinica”/КозловскийСергей. (Львовский национальный университет имени Ивана ФранкоУкраина). «Теория фронтира и генезис PaxSinicia».

KhusnutdinovaLiailia, (Ufa State Petroleum Technological University, Russia), “On Historical Aspect of Chinese nation in Republic of Bashkortostan”. /ХуснутдиноваЛяйля. (Уфимский государственный нефтяной технический университет. Россия).«К проблеме истории Китайского народа в Республике Башкортостан».

Coffee/Pastries (12:30-13:00)

Panel 6: (English Language)China and South Caucasus (13:10-14:30)

Vakhtang Charaia,(Ivane Javakhishvili Tbilisi State University, Georgia),

“Trade and Investment between South Caucasus, China and EU”.

Gabriela Radu, (Strategic Analyst,Romania),

“Foreign Direct Investment Trends in the Southern Caucasus”.

Saren Abgaryan. (Shanghai Jiao Tong University, China),

“China-Armenia Bilateral Investment Treaty (BIT) in the Context of Chinese Evolving BIT Practice and Jurisprudence”.

October 27 (11:20-12:30)

Панель 7. (Russian Language)КитайиЕвразия (Внешняяполитика)- China and Eurasia (International Relations)

Andranik Hovhannisyan, (Russian-Armenian University, Armenia), “The Pivot towards Asia: Perspectives of Formation of Asian NATO”. /ОваннисянАндраник(Российско-Армянскийуниверситет, Армения).«ПовороткАзии: перспективыформирования «АзиатскогоНАТО»».

OganesyanArusyak, (RUDN University, Russia), “The Role of Eastern Asia in China’s Foreign Policy”. /ОганесянАрусяк.(Российский университет дружбы народов, Россия).«Роль Восточной Азии в современной китайской внешней политике».

KhubrikovaBadma, (BuryatStateUniversity, Russia), “SoftPowerintheEraofXiJinping”. /ХубриковБадма, Бурятскийгосударственныйуниверситет.

«Мягкая сила» в эпоху Си Цзиньпина».

October 27 (15:00) ****Drinks and Pizza (Reception).

National Academy of Sciencesis in the Center of the city, in the front of National Assembly of Armenia.Address: Marshal Bagramyan 24, Yerevan, Armenia.

Nearest Subway station is “Marshal Bagramyan”.

Working languages in different panels are English or Russian.

All audience members are required to register for the conference. Please contact info@chinastan.org

Conference Facebook Page:

https://www.facebook.com/ChinaEurasiacouncil/ and

https://www.facebook.com/DiscoverChinastan/

Conference Website:

Main

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A new bioeconomy strategy for a sustainable Europe

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European Commission has put forward an action plan to develop a sustainable and circular bioeconomy that serves Europe’s society, environment and economy.

As announced by President Juncker and First Vice-President Timmermans in their letter of intent accompanying President Juncker’s 2018 State of the Union Address, the new bioeconomy strategy is part of the Commission’s drive to boost jobs, growth and investment in the EU. It aims to improve and scale up the sustainable use of renewable resources to address global and local challenges such as climate change and sustainable development.

In a world of finite biological resources and ecosystems, an innovation effort is needed to feed people, and provide them with clean water and energy. The bioeconomy can turn algae into fuel, recycle plastic, convert waste into new furniture or clothing or transform industrial by-products into bio-based fertilisers. It has the potential to generate 1 million new green jobs by 2030.

Vice-President for Jobs, Growth, Investment and Competitiveness Jyrki Katainen said: “It has become evident that we need to make a systemic change in the way we produce, consume and discard goods. By developing our bioeconomy – the renewable segment of the circular economy – we can find new and innovative ways of providing food, products and energy, without exhausting our planet’s limited biological resources. Moreover, rethinking our economy and modernising our production models is not just about our environment and climate. There is also great potential here for new green jobs, particularly in rural and coastal areas.”

Commissioner for Research, Science and Innovation, Carlos Moedas, added: “The EU aims to lead the way in turning waste, residue and discards into high value products, green chemicals, feed and textiles. Research and innovation plays a key role in accelerating the green transition of the European economy and in meeting the United Nations Sustainable Development Goals.”

Delivering a sustainable circular bioeconomy requires a concerted effort by public authorities and industry. To drive this collective effort, and based on three key objectives, the Commission will launch 14 concrete measures in 2019, including:

Scaling up and strengthening the bio-based sectors:

To unleash the potential of the bioeconomy to modernise the European economy and industries for long-term, sustainable prosperity, the Commission will:

  • establish a €100 million Circular Bioeconomy Thematic Investment Platform to bring bio-based innovations closer to the market and de-risk private investments in sustainable solutions;
  • facilitate the development of new sustainable bio-refineries across Europe.

Rapidly deploying bioeconomies across Europe:

Member States and regions, particularly in Central and Eastern Europe, have a large underused biomass and waste potential. To address this, the Commission will:

  • develop a strategic deployment agenda for sustainable food and farming systems, forestry and bio-based products;
  • set up an EU Bioeconomy Policy Support Facility for EU countries under Horizon 2020 to develop national and regional bioeconomy agendas;
  • launch pilot actions for the development of bioeconomies in rural, coastal and urban areas, for example on waste management or carbon farming.

Protecting the ecosystem and understanding the ecological limitations of the bioeconomy

Our ecosystem is faced with severe threats and challenges, such as a growing population, climate change and land degradation. In order to tackle these challenges, the Commission will:

  • implement an EU-wide monitoring system to track progress towards a sustainable and circular bioeconomy;
  • enhance our knowledge base and understanding of specific bioeconomy areas by gathering data and ensuring better access to it through the Knowledge Centre for the Bioeconomy;
  • provide guidance and promote good practices on how to operate in the bioeconomy within safe ecological limits.

The Commission is hosting a conference on 22 October in Brussels to discuss the action plan with stakeholders and highlight tangible bio-based products.

Background

In their letter of intent to the Presidencies of the European Council and Parliament, President Juncker and First Vice-President Timmermans announced this Communication as part of the Commission’s priority to boost jobs, growth and investment in the EU. It is an update to the 2012 Bioeconomy Strategy.

The bioeconomy covers all sectors and systems that rely on biological resources. It is one of the EU’s largest and most important sectors encompassing agriculture, forestry, fisheries, food, bio-energy and bio-based products with an annual turnover of around €2 trillion and around 18 million people employed. It is also a key area for boosting growth in rural and coastal areas.

The EU already funds research, demonstration and deployment of sustainable, inclusive and circular bio-based solutions, including with €3.85 billion allocated under the current EU funding programme Horizon 2020. For 2021-2027, the Commission has proposed to allocate €10 billion under Horizon Europe for food and natural resources, including the bioeconomy.

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UN resolution paves way for mass use of driverless cars

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A resolution to ensure the safe use of automated vehicles was passed at the UN Economic Commission for Europe (UNECE) Global Forum on Road Traffic Safety in Geneva, on Wednesday.

In a statement, the UNECE said that automated vehicles have the potential to create safer, more efficient and environmentally friendly transport, which could reshape entire sectors of the economy and improve the lives of millions of people, notably those unable to drive or with limited access to mobility.

However, there are still many questions relating to areas such as road safety standards, traffic rules, insurance regimes, cybersecurity and data protection, which must still be addressed before the mass introduction of driverless cars to the market.

The resolution offers recommendations to ensure the safe interaction between automated vehicles, and road users, and stress the key role that people need to play, whether as responsible drivers, occupants or on the road in general.

These include making road safety a priority, safely interacting with the surrounding traffic environment and safely tolerating user error.

The resolution also recommends that the high-tech cars should be able to communicate with their users and other road users, in a clear, effective and consistent way, react to unforeseen situations, and enable their deactivation in a safe manner.

“With this resolution, we are paving the way for the safe mobility of the future, for the benefit of all road users” said UNECE official Luciana Iorio.

In September, a UNECE automated/autonomous and connected vehicles working group met for the first time in Geneva, to begin addressing issues such as technical requirements, cyber security and software updates, and innovative testing methods.

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