China Criticised Much to the chagrin of the United States China has not outrightly criticised Russia's blatant invasion of Ukraine. China maintains that the US and NATO were to blame for provoking Russia to launch aggression against Ukraine. China and the US continue to exchange diplomatic barbs over Taiwan. The US , EU and UK
US & EU Sanctions Panama Canal is a marvel of maritime architecture and facilitates global ocean borne trade. The progressive development did not take place overnight though . Panama was targeted as a facilitator in illicit trade of petroleum and crude of Iran and after the conflict in Ukraine a fresh salvo has been fired
Russian Monopoly Russia retains a monopoly over the uranium conversion infrastructure. The world’s largest producer and exporter of natural raw uranium is Kazatomprom which has a joint venture with a Canadian firm.Kazatomprom has the largest uranium reserve base in the nuclear industry.Raw uranium has to be refined and enriched in order to be utilised
The evolving rail grid in Central Asia will financially incentivize Middle Corridor trade while making EU-Asian routes less regionally competitive. Russian Railways in collaboration with the railways of Kazakhstan, Turkmenistan and Iran is granting reduced container-kilometer rates in the year 2023 for using the infrastructure of the eastern route of the North-South international transport corridor
