EU Energy Security and Kazakhstan’s Position on the Middle Corridor

Before the 24th of February 2022, freight through the New Eurasian Land Bridge (NELB) or so-called ‘Northern Corridor’ —with Russia, Belarus, and Ukraine as its most critical components— showed great promise. However, the war in Ukraine and the related Western sanctions against Russia and Belarus have created significant shifts in global geo-economics and supply chains. This has heavily affected various sectors such as global energy markets, transportation, and logistics, alongside infrastructural connectivity initiatives.

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Strengthening the EU-Vietnam Partnership: Financing a Green and Just Energy Transition

Vietnam is one of the fastest growing economies in Southeast Asia, expected to become one of the world’s top 20 leading countries by 2050. The country’s export-oriented economy and efforts to transform Vietnam into a manufacturing hub, make it well-placed to keep on attracting trade and investment from external partners from within and outside the region. Yet, despite its climate ambitions and corresponding engagements, Vietnam is also one of the most vulnerable countries in terms of facing high risk disaster levels. The question is how to finance Vietnam’s green and just energy transition.

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Framing the Future EU-Viet Nam Partnership – Green Development as a Catalyst for Trade and Political Cooperation?

Two years after the entry into force of the Free Trade Agreement (FTA) between Vietnam and the European Union (EU), this EIAS Briefing Paper outlines the evolution of economic and trade relations between the two partners, identifying relevant sectors for future cooperation. Taking into account both parties’ climate ambitions, as well as Vietnam’s need to develop its energy infrastructure, the EU and Vietnam should collaborate more intensively to secure and incentivise sustainable European investments in Vietnam, facilitated by the FTA. Sharing its experience, the EU can contribute to determining an energy policy adapted to Vietnam’s needs and will.

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