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Iran will raise exports even if the oil prices fall

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

1Iran’s Oil Minister Bijan Namdar Zanganeh said that Iran will not give up its quota in OPEC and its share in world market.Speaking on Iranian State TV Aug. 26, Zanganeh said Iran will raise exports even if the oil prices fall.“The Islamic Republic of Iran will by no means ignore its quota in OPEC and the world oil market. We have no problem with slashing of oil prices on the global market because we can double our oil exports,” said Zangeneh, adding, “We should bypass the tyrannical conditions imposed on our country because maintaining Iran quota in OPEC and world market is among our vital parameters.” He said. Noting that the OPEC members should reconsider current oil production, Zanganeh said to this end, OPEC members have been asked to hold an extraordinary session that will be held if all the 13 members agree to it on consensus. Certain OPEC members do not wish increase in the prices and want to harm other members through low prices as a result of oversupply, he concluded.

2The next meeting of the Working Group on the legal status of the Caspian Sea is scheduled for early September in Moscow, Iran’s special envoy for Caspian affairs, Ibrahim Rahimpur told Trend. Rahimpur said the meeting would discuss the issues on the legal status of the Caspian Sea still uncoordinated by the littoral states.There are two possible solutions to the issue on the legal status of the Caspian Sea: delimitation using a midline modified method or division into five equal parts of 20 percent share.Baku supports defining the Caspian Sea’s legal status based on the sovereign rights of the littoral states, a mutually beneficial partnership, and peaceful negotiations.Kazakhstan, Azerbaijan and Russia signed an agreement on the delimitation of their respective Caspian maritime borders on May 14, 2003. Azerbaijan, together with Kazakhstan and Russia, agreed on the delimitation of the sea in early 2000. Turkmenistan and Iran, however, have not reached a consensus yet.

3China and Russia: Cyber Cousins but not Cyber Brothers. “There seems to be a strong divergence in perception behind China’s desire to command cyberspace offensively. On the one hand, there is the assumption that this is a natural manifestation of its growing desire to achieve global superpower status. On the other hand, there is the counter-argument that emphasizes China’s own perception to be unable to operate effectively against the United States in a conventional military confrontation. Indeed, many Chinese writings suggest cyber warfare is considered an obvious asymmetric instrument for balancing overwhelming US power” Dr. Matthew Crosston for Modern Diplomacy.

4Putin To Visit China Next Week, Sign 20 Bilateral Deals. Putin will attend celebrations dedicated to the 70th anniversary of the victory of Chinese people over Japan and the 70th anniversary of victory in WWII. The Russian and Chinese leaders also plan to hold negotiations on energy and other issues, and sign more than 20 bilateral documents, many implementing agreements reached during Xi’s visit to Russia in May 2015 and in meetings in Ufa in July 2015.Russia’s Ambassador to China Andrey Denisov said cooperation between the two countries has “already become a powerful stabilizing factor of security” in the world.

5Pakistan and Kazakhstan on Wednesday agreed to bolster bilateral ties through enhanced cooperation in trade, economy, energy, science and technology and education for the mutual benefit of two brotherly countries.“As we move forward, we would be taking concrete steps to expand mutual cooperation in diverse fields, including regional connectivity, energy, security, education, culture, and people-to-people exchanges,” said Prime Minister Nawaz Sharif, while addressing a joint press conference with Kazakhstan President Nursultan Nazarbayev. The prime minister said the two sides also agreed to strengthen economic cooperation by optimally utilising the existing institutional mechanisms, adding, the bilateral trade between the two countries was not commensurate with the actual potential and needed to be revitalized.

6Kazakhstan Steering through Troubled Waters. “Perhaps, with the exception of multinational oil companies, potential investors are turned off by the many disadvantages there are to investing in Kazakhstan. In addition to being quasi-democratic and geographically landlocked, Kazakhstan’s private sector lacks experience, still has to develop a larger educated workforce, and suffers from global doubt as to its financial ability to follow through on the aforementioned promises. It also doesn’t help that Kazakhstan acts like an autocracy at times in that its government is known for its lack of transparency and has high levels of corruption. It maintains tight controls over the press, lacks diversity, and has an unimpressive civil rights record. Dealing with these political complications would be an inevitable headache for investors” Jeanette “JJ” Harper for Modern Diplomacy.

7The Western flow of Caspian natural gas. Azerbaijan has been a reliable energy partner with the West for more than 20 years now, after the country opened up to international investment and partnership following the restoration of its independence from the Soviet Union. Since 2006, it has pumped nearly a million barrels of crude oil each day through the Baku-Tbilisi-Ceyhan oil pipeline to Europe, the U.S. and Israel, and much-needed natural gas through the Baku-Tbilisi-Erzurum gas pipeline.Unlike those pipelines, which were designed and driven by international companies, Azerbaijan itself is now a major player in the Southern Gas Corridor. The corridor will start in Azerbaijan, initially tapping into its giant, Manhattan-size Shah Deniz gas field. Azerbaijan’s state energy company, SOCAR, is also a major stakeholder in the Trans-Adriatic Pipeline and will operate the Trans-Anatolian Pipeline; and its input will also be essential if the Trans-Caspian Pipeline is built. Nasimi Aghayev Azerbaijan’s consul general to the Western United States, based in Los Angeles [Washington Times]

8Azerbaijan to regulate activity of social networks. The Azerbaijani Ministry of Communications and High Technologies will certify the activity of instant messengers (Viber, WhatsApp, Skype and others) and social networks, Azerbaijani Minister of Communications and High Technologies Ali Abbasov told reports August 27. He said that the negotiations with these companies have already started.“Most of them have reacted positively to this action of the regulatory body of the country, moreover, a number of them render services over the Internet. As a regulatory body, we believe that the companies engaged in mass collection of information in Azerbaijan must work in accordance with the country’s law about the personal data, that is, get a certificate. This certificate is issued by our ministry.”

9Why an Iranian New Deal was Necessary. “Several conceptual and theoretical explanations have been used to highlight key indicators that counteract the effectiveness of sanctions within the Middle East and how the spread of certain ideologies and social practices have impacted the success of international mediations. This microcosm analysis of the various social variables, mostly stemming from historical and political events, supports the need to judge more harshly the long-term efficacy of sanctions. It provides an analysis concerning weapons proliferation within Iran and will question the overall potential success of sanctions against such targeted states” Dianne A. Valdez for Modern Diplomacy.

10Russia Overtakes Botswana as World’s Top Diamond Producer. Canada emerged third in production value, Angola fourth and South Africa fifth. Russia saw its output leap 20% to $3.73 billion, while the value of precious stones rose 19% to $97.47 per carat. Its volume jumped 1% to 38.303 million carats. Botswana saw its diamond value drop 5% to $147.84 per carat as the growth in value of the country’s diamond output remained at $3.65 billion despite a 6% leap in volume to 23.187 million carats.

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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EU Facility for Refugees in Turkey: Solid progress in supporting refugees

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The Commission reported today good progress in the implementation and programming of €6 billion of the EU Facility for Refugees in Turkey. More than 80 projects are currently up and running delivering tangible results to refugees and host communities in particular on education and health.  Out of the €6 billion, some €4.2 billion has been allocated, of which €3.45 billion has been contracted and €2.22 billion disbursed to date. 

Johannes Hahn, Commissioner for European Neighbourhood Policy and Enlargement Negotiations,said: “We continue to make good progress in the implementation and programming of the Facility. More than 80 projects to date provide vital assistance in the areas of education, health, protection and socio-economic support, and more projects are in the pipeline. We remain committed to continue our support to refugees and host communities in Turkey, addressing current needs and increasing resilience and self-reliance for the longer term.”

Christos Stylianides, Commissioner for Humanitarian Aid and Crisis Management,added: “The European Union is continuing to support refugees in Turkey, in line with its commitment. 1.6 million refugees are receiving humanitarian assistance to meet their basic needs. Looking ahead to the future, we are working to make our support more sustainable. We remain committed to continue working closely with Turkey to make this possible.”

Today, the twelfth Steering Committee meeting of the EU Facility for Refugees in Turkey took place in Brussels. It was chaired by the Commission and brought together representatives of EU Member States and Turkey.

The Committee reviewed the third annual monitoring report on the implementation of the Facility and confirmed the progress made in the programming of the second €3 billion tranche of the budget of the Facility. It completed the evaluation of project proposals in the areas of socio-economic support and municipal infrastructure to the tune of €845 million.

The 84 projects set up in the framework of the Facility bring forth concrete outcomes and a significant positive impact for refugees and host communities alike, facilitating the integration of refugees in the Turkish society.

For education, one of the priority areas of action, the EU signed a €400 million contract to continue its support to existing programmes, which is to be complemented by a further €100 million before the summer. This involves the construction of 136 school buildings and 50 prefabricated schools well under way. This progress in education infrastructure goes hand in hand with the implementation of the project for Promoting Integration of Syrian Children into Turkish Education System (PICTES), which benefits 400,000 students.

In the area of health, 5 million healthcare consultations have been carried out, with 178 migrant health centres now operational, employing over 2,600 staff, two thirds of which are Syrian refugees.

The EU is highly focused on ensuring the sustainability of the Facility’s humanitarian and development activities, which aim to support the Turkish authorities in a structural manner and to facilitate refugee integration. Under the humanitarian strand of the second tranche, the EU is implementing projects for a total of €50 million in addition the ongoing projects under the first tranche, those have already delivered tangible results for refugees and host communities.

Background

The EU Facility for Refugees in Turkey was set up in 2015 in response to the European Council’s call for significant additional funding to support Syrian refugees in Turkey.

It has a total budget of €6 billion divided into two equal tranches of €3 billion each, allocated over two periods: 2016-2017 and 2018-2019.Out of the operational funds of €6 billion, €2.22 billion has already been disbursed, €3.45 billion contracted, with over 80 projects rolled out.

The Facility provides a joint coordination mechanism, designed to ensure that the needs of refugees and host communities are addressed in a comprehensive and coordinated manner. The support seeks to improve conditions for refugees in Turkey as part of the EU’s comprehensive approach to addressing the refugee crisis inside and outside the EU.

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European Union and World Bank Support to Help Enhance Georgia’s Innovation Ecosystem

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The European Union (EU) and the World Bank launched today the Increasing Institutional Capacity for Innovation (IICI) project, at an event held at Tech Park Georgia. Nika Alavidze, Deputy Minister of Economy and Sustainable Development of Georgia, Mercy Tembon, World Bank Regional Director for the South Caucasus, and Stig Kjeldsen, First Secretary at Delegation of the European Union to Georgia offered opening remarks at the event.

“The World Bank is proud to continue to stand by GITA as it transforms from a young ‘startup’ agency into a mature framework for Georgia’s coordination of its innovation and entrepreneurship policy and practice,” said Mercy Tembon, World Bank Regional Director for the South Caucasus. “With support from the EU, and the Bank’s technical assistance, this project will allow GITA to take the next step toward greater institutional capacity and effectiveness, test the potential for technology transfer, and improve opportunities for investing in innovative, early stage companies in Georgia.”

“Innovation increases SME competitiveness and creates jobs, and innovation policy is actually at the heart of the EU’s own Europe 2020 strategy for growth and job creation,” said Stig Kjeldsen, Cooperation Officer at the EU Delegation to Georgia. “Further assisting GITA in building Georgia’s innovation ecosystem falls naturally in line with the EU’s commitment to supporting business development in Georgia.”

The IICI project is financed by the EU to the amount of €2.7 million and will be implemented by the World Bank. The overall objective of the project is to increase GITA’s capacity to develop and implement innovation and entrepreneurship policies and programs with medium- and long-term strategies and results; test and demonstrate the viability of technology transfer between educational institutions and the private sector in Georgia; improve the deal flow of innovative start-ups ready for investment, and fund availability for early-stage companies.

The IICI project is expected to generate important results, including: easier access to support and finance for a greater number of small and medium enterprises and innovative firms, a more coherent public approach to supporting entrepreneurs and SMEs and a boost in overall innovative economic activity.

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World Bank Group Releases Little Data Book on Gender

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The World Bank Group today released the Little Data Book on Gender 2019 to provide an easily accessible entry point to statistics tracking gaps between men and women, boys and girls for 217 economies around the world with comparable data for 2000 and 2017.

In addition to demographic and economic information, the Little Data Book on Gender indicators include the proportion of women and men who use the internet, sex-disaggregated smoking prevalence, and the percentage of female graduates from science, technology, engineering and mathematics programs in tertiary education.

The book includes two indicators from the Women, Business and the Law database: the length of paid maternity leave and whether women are legally able to work in the same industries as men.

“Progress in eliminating poverty and ensuring shared prosperity can be enhanced and accelerated when we have good data,” said Caren Grown, World Bank Group Senior Director for Gender. “The Little Data Book on Gender offers policymakers and development practitioners easy access to data on males and females in the domains in which we work – health, education, and economic life.  As sex-disaggregated data becomes increasingly available, there is no excuse to not use it in our policy dialogue and to inform choices about interventions.”

This edition of the Little Data Book on Gender also features online tables that will be updated quarterly.

“Regular online updates will make it easier than ever to see how women and men are faring across a range of global indicators, and to track progress over time,” said Haishan Fu, Director, Development Data Group. “This supplements the fuller, curated data and analysis tools provided by the World Bank Group, including through the Gender Data Portal.”

The Little Data Book on Gender shows remarkable broad progress toward gender equality in education enrollment and health, while gender inequality remains stubbornly persistent in access to economic opportunities. On virtually every global measure, the Little Data Book on Gender reveals that women are more likely than men to be engaged in low productivity activities, and to work more in vulnerable employment.

The Little Data Book on Gender can be accessed online through the World Bank’s Gender Data Portal, and can be used by researchers, journalists, policy makers, and anyone interested in gaps between men and women.

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