• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09648 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09648 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09648 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09648 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09648 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09648 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09648 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00197 0%
  • TJS/USD = 0.09648 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
14 May 2025

Viewing results 1291 - 1296 of 1369

Uzbek President Mirziyoyev Lauds Strategic Partnership with China

The president of Uzbekistan Shavkat Mirziyoyev will make a state visit to China from January 23rd to 25th, at the invitation of the Chinese president, Xi Jinping. On the eve of the visit, the Chinese People's Daily Online published an article by Mirziyoyev, entitled “Uzbekistan and China: millennia-long friendship and cooperation,” in which the Uzbek leader says that Uzbekistan is a friendly neighbor and committed strategic partner to China, and that the development of multifaceted relations with China has always been one of the main priorities of Uzbekistan's foreign policy. Mirziyoyev wrote that Uzbek-Chinese relations are experiencing the best period in their history, with trade, economic and investment cooperation steadily growing. Last year bilateral trade turnover grew by 40 per cent, Mirziyoyev wrote, with China being Uzbekistan’s “top trade partner”. In recent years the volume of Chinese investments in Uzbekistan has increased five-fold, and the number of enterprises with Chinese capital in various sectors of the economy has tripled. A number of large joint investment projects are underway, spanning sectors including technology, alternative energy, chemicals, mechanical engineering, metallurgy, electrical engineering and infrastructure modernization. Mirziyoyev added that “thanks to our Chinese partners, we are taking important steps in developing green energy to create 27 gigawatts of renewable energy generation capacity by 2030”. Mirziyoyev emphasized that Uzbekistan is actively involved in implementing China's Belt and Road Initiative (BRI), which has become a global consolidating force. “In 10 years, this grandiose idea of the revival of the Great Silk Road has gained supporters in all corners of the planet, uniting two-thirds of the world's countries. Today, from an appealing concept, it is turning into a practical reality. For us, the BRI is not just an infrastructure project. Through the joint implementation of the initiative, the region is becoming an important link in global connectivity, overcoming transport remoteness.” “Today, we can firmly state that the earlier voiced predictions of skeptics about the predestined fate of the region's countries to become only a transit corridor for China's trade with Europe, South Asia and the Middle East failed to come true,” Mirziyoyev stressed. “Today, investments are increasing in Central Asia, with the number of joint high-technology industries growing, enhancing the economic potential of our countries. China's strategic role enables Central Asia to be open to broad cooperation with the rest of the world, turning the region's geographical disadvantages into advantages.” The Uzbek president also said that the first summit between the heads of state of the Central Asian countries and China, held in May 2023 in Xi'an, was a breakthrough in their relations and set out the future development of multilateral cooperation. “This format has huge potential for building a model of comprehensive development of the states of the region and the western provinces of China, opens the prospects for the transition to close industrial and technological cooperation, as well as the development of transport, digital and humanitarian connectivity of the Central Asian countries with China,” Mirziyoyev said.

Italian Agricultural Holding Enters Kazakhstan Market

The Italian holding Bonifiche Ferraresi, which produces and markets agricultural products, has signed a memorandum of cooperation with Kazakhstan’s Agrofirm TNK. This was the result of negotiations between the Kazakh minister for agriculture, Aidarbek Saparov, and the management of Bonifiche Ferraresi in Rome last week, the Kazakh Ministry of Agriculture reported. Agrofirm TNK produces agricultural products on 400,000 hectares of land in the Akmola region, northern Kazakhstan. At the first stage of their partnership, the Italian and Kazakh companies intend to exchange experience regarding technology, seeds, and employee training. At the next stage they plan to develop processing, including pasta production. Forty enterprises currently produce pasta in Kazakhstan, the largest of which use durum wheat flour as a raw material, which has a high content of protein and iron. Traditional Italian pasta is made from this type of flour. “Kazakhstan has every opportunity to increase pasta production and exports, since it has its own raw material base. In 2022, Kazakhstan produced 15.6 million tons of soft wheat and 833 thousand tons of durum wheat, of which about 400,000 tons were exported to Italy, which is enough to increase the volume of pasta production, including in order to expand exports,” Mr Saparov said during the negotiations. The minister also told the Italian partners about the favorable investment climate in Kazakhstan, pointing out that investors can directly enter into an investment agreement with the Kazakh government to implement large investment projects, and receive certain benefits and preferences.

Infrastructure development: Qatari investors see prospects in Tajikistan

During a state visit to Qatar, Tajik president Emomali Rahmon met with Ahmad Muhammad Tayyib, the head of investment at the Qatari company Diyori, to discuss the implementation of the ‘Diar Dushanbe’ construction project. Qatari companies see prospects for investing in Tajikistan’s tourism infrastructure and social facilities. During the meeting with Mr Rahmon the parties expressed the need for timely realization of the next stages of construction of the project. The Diar Dushanbe project was identified as a “5-star multifunctional complex", which emphasizes its importance for the development of the region. Diar Dushanbe will have an autonomous system for water and energy supply. It will also include business and shopping centers, restaurants, cafes and apartments.

Year of Kazakhstan Tourism in China to Begin in March

On January 22nd, Kazakhstan’s minister for tourism and sports, Ermek Marzhikpayev, discussed with his Chinese counterpart, Sun Yeli, plans for holding the ‘Year of Kazakhstan Tourism in China’ in 2024, the Kazakh Ministry of Tourism and Sports has reported. During the meeting, the Kazakh Ministry of Tourism and Sports presented the concept for the Year of Kazakhstan Tourism, which includes a number of large events in major Chinese cities. This year was declared the ‘Year of Kazakhstan Tourism in China’ during an official visit to China in 2023 by Kazakhstan’s president Kassym-Jomart Tokayev. The official opening of the Year of Tourism is scheduled for the end of March, and in total more than 25 different events are planned. “China is one of the priority tourism markets and partners for Kazakhstan. This is due to the geographical location of the two countries and deep historical ties along the Silk Road. Today, the tourist flow between our countries is returning to pre-pandemic levels,” Mr Marzhikpayev said. China was second on the list of countries whose citizens visited Kazakhstan in 2023, behind only Russia. According to official statistics, over the first nine months of last year more than 75,000 Chinese tourists stayed in Kazakh hotels, while over 200,000 visitors from China came to Kazakhstan overall. With the introduction of a visa-free regime for Chinese citizens from November 10th last year, and the planned increase in the number of direct flights between Kazakhstan and China to 30 per week this year, a further increase in the tourist flow from China is expected, the ministry said.

Kazakhstan Seeks FAO Support in Promoting Exports of Aport Apples

During his official visit to Italy on January 18th, President Kassym-Jomart Tokayev met with Director General of the Food and Agriculture Organization of the United Nations (FAO), Qu Dongyu. Tokayev and the FAO head attended a presentation of the famous Kazakh aport apples as part of the FAO’s One Country One Priority Product program, the Kazakh Ministry of Agriculture reported. “Kazakhstan is widely known as the birthplace of apples,” the President said. “Aport apples grow in the vicinity of Almaty, the largest metropolis in our country and my hometown. Translated from Kazakh, ‘Almaty’ means ‘place of abundance of apples.’” Aport apples are distinguished by their large size, distinct smell, and their succulent nature. One of the main landmarks in Almaty, the first sight to greet visitors to the Kok-Tobe Mountain which looms over the city is a granite statue of an apple with water gushing from its core.[/vc_column_text][vc_single_image image="13860" img_size="full" el_class="scond-image" parallax_scroll="no" woodmart_inline="no"][vc_column_text woodmart_inline="no" text_larger="no"]Tokayev expressed his hope that Kazakhstan’s initiative to promote aport exports on world markets will be supported by the FAO. In 1970, there were 3.8 million aport trees in Kazakhstan, but by 1984, only 1.4 million remained. In 2012, scientific research began on the revival and rejuvenation of the variety, including the establishment of an experimental garden of aport grafted onto Sievers apple trees, where in 2023, Kazakh scholars harvested the first large fruits weighing 400-500 g. FAO's One Country One Priority Product program was launched in September 2021. It focuses on initiatives for the green development of high-value agricultural products with unique qualities and special characteristics associated with a geographic region, agricultural practices, and cultural heritage. Other countries with their own distinct products also participate in the program. For example, Turkey is represented by figs, Moldova by table grapes, and Uzbekistan by cherries.

New Trade and Logistics Center Opened on Kazakhstan-China Border

On January 19th, a new international trade and logistics center began operations on the Kazakh-Chinese border near the village of Dostyk, with the aim of improving cross-border logistics infrastructure and increase the capacity of the Alakol customs post, the Ministry of Transport of Kazakhstan reported. President Kassym-Jomart Tokayev has repeatedly spoken about speeding up the passage of freight trucks across the Kazakh-Chinese border. “To fulfil the instructions given by the head of state, we are planning to open more such hubs for the processing and storage of cargo. The new transport and logistics center is the first hub on [Kazakhstan’s] eastern borders,” Vice Minister of Transport, Maksat Kaliakparov said at the opening ceremony of the new logistics center. The new logistics center will increase the capacity of the Alakol customs post from 200 to 600 trucks per day, thereby increasing the daily cargo turnover from 4,000 to 12,000 tons. In annual terms, cargo turnover will increase from one million to three million tons. “Currently, 180 vehicles pass through the Alakol customs post in one direction. This year we plan to complete the modernization of this post and increase the cargo flow to 500 vehicles,” said Zhandos Duysembiev, Chairman of the State Revenue Committee of the Ministry of Finance of Kazakhstan. The new logistics center is located on an area of 13.5 hectares, 3.5 of which are occupied by warehouse premises and infrastructure, whilst 10 hectares are allocated for the parking of freight vehicles. For the next three years, the logistics center has been transferred to the management of the state company, Nur Zholy customs services, which is wholly-owned by the State Revenue Committee.