Georgia and Azerbaijan sign landmark energy and transport agreements in Baku
In a sweeping diplomatic push in Baku, Georgia and Azerbaijan have signed a landmark package of energy and transport agreements, cementing a partne...
The 18th meeting of the Joint Commission on Economic Cooperation between Iran and Russia is scheduled to take place in Moscow from April 23 to 25. The event aims to strengthen bilateral collaboration across a wide range of sectors.
The meeting will be co-chaired by Iran’s Oil Minister, Mohsen Paknejad, and Russia’s Minister of Energy, Sergei Tsivilev.
Expert delegations from both countries will participate in specialized working groups to explore opportunities for expanded cooperation. They will address current challenges and formulate a roadmap for future joint initiatives, which will be formalized in a memorandum of understanding.
The discussions are expected to encompass a broad range of sectors, including energy, trade and economy, finance and banking, transportation and logistics, customs, industry and mining, agriculture, healthcare, tourism, science, and technology.
This meeting follows the signing of the Comprehensive Strategic Partnership Treaty between Iran and Russia on January 17, 2025, and the subsequent ratification of a free trade agreement between Iran and the Eurasian Economic Union by Iran’s Parliament, which created a foundation for deepening bilateral ties.
Today, Russian President Vladimir Putin has signed the law ratifying the agreement on the comprehensive strategic partnership with Iran.
This agreement establishes a long-term legal framework for deepening cooperation between Moscow and Tehran. It formalizes their status as strategic partners and encompasses a wide range of sectors, including defense, counterterrorism, energy, finance, transport, industry, agriculture, science, culture, and technology.
The agreement was originally signed in January 2025 during the visit of Iranian President Masoud Pezeshkian to Moscow.
The World Urban Forum (WUF13) continues in Baku, Azerbaijan on 18 May, addressing the global housing crisis. The day’s agenda includes the official opening press conference, the WUF13 Urban Expo opening and a ministerial dialogue on the Nairobi Declaration to advance Africa's urban agenda.
United Nations World Urban Forum 13 continues in Baku, Azerbaijan on 19 May with sessions and roundtable discussions focused on strengthening dialogue and advancing cooperation in urban development. Organisers say there are nearly 3 billion people globally who face some form of housing inadequacy.
U.S. President Donald Trump said on Monday he had paused a planned attack on Iran after appeals from the leaders of Qatar, Saudi Arabia and the United Arab Emirates, allowing negotiations to continue over a possible deal to end the conflict.
A 5.2 magnitude earthquake struck China’s Guangxi region early on Monday, killing two people and forcing more than 7,000 residents in Liuzhou to evacuate as rescue efforts continued.
The World Health Organization (WHO) has declared an Ebola outbreak in the Democratic Republic of Congo (DRC) and Uganda a Public Health Emergency of International Concern (PHEIC), warning that the situation poses a significant risk of cross-border spread in Central Africa.
Government bond markets from Tokyo to New York extended losses on Monday (18 May) as rising energy prices linked to the Middle East conflict heightened inflation concerns and reinforced expectations that major central banks could keep interest rates higher for longer.
Negotiations between Samsung Electronics and its workforce on Wednesday have broken down, officials said, raising fresh concerns over potential disruption to South Korea’s export-heavy economy.
By the time American shoppers began noticing higher prices on everything from trainers to televisions, the world's two largest economies were already deep in a trade war that left the world wondering how it would end.
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Persian Gulf to international energy markets. With approximately 20% of global oil and gas shipments transiting this waterway, it is the backbone of energy security for Asia, Europe, and beyond.
China’s exports grew faster than expected in April, as overseas buyers moved quickly to secure supplies amid fears that the conflict involving Iran could drive up global energy and transport costs.
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