by Ralph Jennings & Mandy Zuo in SCMP, Nov 8, 2023China is expanding its agricultural trade with Afghanistan, deepening relations with the war-torn country as it attempts a return to normal economic activity, tangles with sanctions from the West and rebuilds after a devastating earthquake in October. The world’s second-largest economy may start importing Afghan pomegranates next month with an initial shipment of 1,000 tonnes via an “agricultural cooperation” deal, a trader at the China…
Posts tagged as “west”
by Rejaul Karim Byron in The Daily Star,Mar 16, 2023Russia has proposed a direct payment system bypassing the global standard SWIFT to settle the dues for Rooppur nuclear power plant as the Soviet nation looks to navigate the sanctions from the West following the Ukraine war. SWIFT is the messaging system used by financial institutions globally to convey instructions to carry out tens of millions of transactions each day. Most Russian banks are banned from…