Military transport aircraft of Indian Air Force with 29 militaries on board disappeared from radar over the Bay of Bengal on Friday, 22 July. AN-32 plane of the Russian manufacture was flying to the capital of the Union Territory of Andaman and Nicobar Islands - Port Blair, from the Indian city of Chennai. It is reported that on board the plane was service personnel, which was heading to India's strategic military base near the Strait of Malacca. Indian Navy are looking for the missing airliner by a rescue aircraft and ships. Two military planes and four naval ships are deployed in the Bay of Bengal. According to the media, the reason for the disappearance of the machine from the radar could be bad weather.

Read More

Because of the super popular game with augmented reality, Pokémon hunters fall into real incidents and romantic stories Millions of people in the United States, Australia, and New Zealand, chasing a Pokemon on the streets, beaches, shops and administrative buildings. Mobile application Pokemon Go, released by the Japanese developer of computer games Nintendo, was "lucky ticket" for IT-company, which has long been considered an outsider in the market of gaming services for smartphones. Since application release (July 6) Nintendo shares rose more than 50%. Less than in a week capitalization of Japanese corporations increased from $ 17 billion to $ 30.95 billion.

Read More

Leaders of countries from Spain to Indonesia met in the Mongolian capital, Ulan Bator, for a summit that has been overshadowed by an attack in Nice, France. The summit opened on July 15 with leaders holding a minute of silence for the victims of the attack in Nice. The main topic of the this year’s summit, which was celebrating its 20th anniversary, was to strengthen the global system of cooperation agreements in the wide range of areas including trade and transportation.

Read More

The Philippines filed a lawsuit to the Permanent Court of Arbitration in Hague. It concerned the China's claims to treat a large part of the South China Sea as its own economic zone. Court rules in favor of Philippines over China and agreed that claims are unfounded. In 1940s China draw on the map „nine-dash line” that includes large stretches of the South China Sea. This time, China has appointed a demarcation line, which gave them sovereignty over almost the entire eastern part of the South China Sea to the island of Borneo. The Tribunal said it has no legal basis and it's unlawful under the UNCLOS convention. There was no evidence that China had historically exercised exclusive control over the waters or resources.

Read More

American and South Korean military authorities agreed to deploy an innovative missile defence system in order to counter North Korean operations in the region and to improve the South Korean defence. Terminal High-Altitude Area Defence (THAAD) would be deployed mainly to counter the North Korean operations, especially that Pyongyang proceeded to new nuclear test and rocket launch earlier this year. American and South Korean military authorities claim that the THAAD would be a critical instrument to the South Korean security and defence and that the defence system is made in respect of the environmental, health and safety standards.

Read More

Chinese guided missile destroyers and missile frigate were deployed in Paracel Islands on the South China Sea. This region is an object of the territorial claims and disputes between China, Brunei, Malaysia, the Philippines and Vietnam. The exercises were partially a reaction from Beijing to the regular American drills in the area. However, China’s media claims that this kind of drills are a normal naval activity of the country in the region and are not “connected with the specific events or targeted at certain countries”.

Read More

From the American foreign policy point of view, China is concerned as a Russian combat confederate who tries to push the Asian states out of the influence of The People's Republic of China, and Russian Federation consequently. The USA managed to affect Russia not to dominate the Asian states. Such relationship ties create a complicated situation, what is more, the tensions among all nations mentioned above to push Bangladesh out of China. It is worth to mention that such split of interests could be explained by divided these states into two alliances.

Read More

Asian stocks finished trading day leading in terms of Nikkei index. Despite the fact, that the region entered the game on a positive note and maintained the ground, taking advice from the Wall Street, Asia went to regular losses due to global uncertainties over Brexit. Investors do not pay attention to the global uncertainties such as the oversupply and Brexit. Globally traded Brent futures with August delivery grown up to $47.70, which is 1.08% higher. Energy games were mixed in the region despite upward movement in oil prices.

Read More

According to Engr. Khurram Dastgir Khan Pakistan’s Minister for Commerce, they aimed to develop mutual cooperation with Tajikistan, by signing transit and Preferential Trade Agreement between Pakistan and Tajikistan already in 2016. The following agreements could stimulate a comprehensive activity in terms of trade and investment between Pakistan and Central Asian states. Tajik trade authorities have been provided with the draft of the proposed Preferential Trade Agreement by Pakistan. The draft of the agreement will be discussed later on.

Read More

China and Israel have officially started discussions for a free trade agreement (FTA), what means the emerging bilateral relations between two economies. Both China and Israel gradually become more politically isolated because of their assertive (Read more about assertiveness) geopolitical behavior. The two contradictory economies made the first step to growing their economic and political ties closer together. “China’s aggression” in the South China Sea became an occasion to redraw political alliances and makes Pacific countries nervous. Such close cooperation between China and Israel causes critical reaction of Israel’s economic and political partners in Western Europe and the United States to Israel, which was their Middle Eastern ally for a long time.

Read More