Latest news with #Overchuk
The Print
16-05-2025
- Business
- The Print
Survey in Afghanistan for Trans-Afghan Railway to be completed by 2026, says Russian ministers
The trans-Afghan transport corridor will connect the European Union, Russia, Uzbekistan, Afghanistan, Pakistan, India and Southeast Asia. Uzbekistan's southern-most town Termez is already linked with North Afghanistan's Khairaton by the Soviet built railway. The feasibility study of the trans-Afghan railway is due to be ready in early 2026, Russian Deputy Prime Minister Alexei Overchuk said at the 16th international economic forum Russia-Islamic World: KazanForum 2025. Moscow, May 16 (PTI) Russia and Uzbekistan are conducting a feasibility survey work in Afghanistan for the Trans-Afghanistan Railway project, which, if implemented, will provide access to landlocked central Asian countries to the Indian subcontinent, Russian ministers said Friday. 'Russian and Uzbek railway specialists are drafting the feasibility study of the trans-Afghan railway construction project together. We are expecting the project feasibility study to be ready in early 2026 so that decisions on its implementation could be made,' Overchuk was quoted by independent Interfax news agency as saying. State-run news agency TASS reported quoted Russian Deputy Transport Minister Dmitry Zverev as describing that the Trans-Afghan Highway will fundamentally change the geography and transport geography of the region. 'Thanks to the multilateral working group, surveys are currently underway on the territory of Afghanistan. They are being carried out by Uzbek Railways together with Russian colleagues, which will allow us to prepare the primary material for the preparation of a feasibility study,' Zverev announced at the Russia-Islamic World: KazanForum 2025 forum being held in Muslim-majority region Tatarstan's capital Kazan. Interfax said a preliminary agreement on Russia's participation in the project was reached in early April 2024, during Uzbek President Shavkat Mirziyoyev's visit to Moscow. The Uzbek Transport Ministry said earlier it would take at least five years to build the trans-Afghan railway, the tentative cost of which might reach USD 4.8 billion, it added. PTI VS NPK NPK This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Yahoo
28-03-2025
- Business
- Yahoo
Russia Says It Wants to Balance Relations With the US and China
(Bloomberg) -- Moscow must balance its ties with both Beijing and Washington, a top Russian official said, highlighting the emergence of a new geopolitical dynamic between President Vladimir Putin, China's Xi Jinping and Donald Trump. Why Did the Government Declare War on My Adorable Tiny Truck? Gold-Rush Fever Returns to Historic New Zealand Mining Town How SUVs Are Making Traffic Worse Trump Slashed International Aid. Geneva Is Feeling the Impact. These US Bridges Face High Risk of Catastrophic Ship Strikes 'As to the relationship between Russia, China and the United States, we should not develop a relationship with one other country at the expense of another and vice versa,' Deputy Prime Minister Alexei Overchuk told an audience Friday at the Boao Forum in the southern Chinese province of Hainan. Overchuk reiterated a common Kremlin line that, despite pressure from sanctions, the Russian economy is showing 'strong resilience,' and is expanding its range of partnerships, including with China, to mitigate the impact. 'We are the world's champion on sanctions,' he said, prompting laughter in the room. Russia's relationship with China is a 'very fast developing' one, he said, citing rising trade figures between the two countries as an example. Putin and Xi declared a 'no limits' partnership just before the Ukraine war started, and they have tightened relations since then. 'There's a desire on both sides to explore opportunities for expanding those ties because both nations are experiencing outside pressures,' Overchuk said. 'And naturally we look for ways of how to cooperate and work together to improve the living standard of people in our countries.' 'Russian food is extremely popular in China,' he added. 'And that's a huge market — believe me.' When asked whether Russia is open to China committing peacekeeping troops as part of an Ukraine peace settlement — an idea floated by some Chinese military experts — Overchuk said that question would be better for the country's foreign minister, Sergei Lavrov. Overchuk said the future of BRICS — a group of 10 emerging economies — was 'fine,' even after Trump threatened to impose a 100% tariff on member countries if they abandon the dollar for international trade. He accused the previous US administration of 'weaponizing the dollar.' 'They stopped our access to the international payment system,' he said. 'We didn't start it.' Business Schools Are Back Google Is Searching for an Answer to ChatGPT Israel Aims to Be the World's Arms Dealer A New 'China Shock' Is Destroying Jobs Around the World The Richest Americans Kept the Economy Booming. What Happens When They Stop Spending? ©2025 Bloomberg L.P.
Yahoo
27-03-2025
- Politics
- Yahoo
Russia reacts to Armenia's EU accession law: "Sitting on two chairs won't work"
Russian Deputy Prime Minister Aleksei Overchuk has stated that Armenia must choose between the European Union and the Eurasian Economic Union (EAEU), led by Russia, following the adoption of a new law launching Armenia's EU accession process. Source: European Pravda, citing Russian news agency Kommersant Details: Overchuk commented on the recently adopted Armenian law on initiating the EU accession process, saying it consists of "general, vague statements – for everything good, against everything bad". "But this is Armenia's internal affair. The country will, of course, need to make a decision and choose. Because sitting on two chairs won't work, that's absolutely clear," he concluded. Background: Armenia's parliament passed the EU integration law on 26 March. The Armenian government previously clarified that the law itself does not constitute an application for EU membership but formalises the deepening of bilateral relations. Armenian officials have also said that the country will remain in the Russia-led trade bloc for now, despite its EU aspirations. Prime Minister Nikol Pashinyan has stressed that any decision on joining the EU should be made through a national referendum. Support Ukrainska Pravda on Patreon!
