It is also important to note that almost all of the major economic projects between China and Central Asian countries have been done bilaterally, or outside the SCO framework. It has been a decade since China proposed an SCO free trade zone. It remains on paper only because of a lack of support among member countries, especially Russia, which is more interested in setting up a separate Eurasian Economic zone with Moscow at the center. Similarly, the SCO member states have not been able to reach a consensus about how to finance the 30 or so proposed joint SCO projects.
Armed Bunker Pirates Strike MT Oriental Glory Again, Steal 2,500 mt of Fuel Off East Malaysia
Putin's Glory and Xi's Dream - Comparative Connections
The cargo vessel was set free by its Somali pirate hijackers around noon on Friday, local time. The Asian Glory has set sail for Oman escorted by a British naval ship. The exact conditions under which the pirates have agreed to release the vessel have not been released. The Bulgarian Foreign Ministry has not provided any information about the condition of the Bulgarian sailors. The "Asian Glory" was hijacked on January 1, , almost 1 km off the coast of Somalia, with 10 Ukrainians, 8 Bulgarians, 5 Indians, and 2 Romanians on board.
Somali Pirates Release 'Asian Glory', Kidnapped Bulgarian Sailors
A headline from Lloyds list: However, the opportunistic hijack of a car carrier took most experts by surprise as they were previously thought to be too challenging for pirates to bother attacking given their high freeboard and relatively high speed. Evidently these "experts" have taken a quick glance at photos of car carriers such as the one above from Wikipedia.
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