• KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09264 0.54%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09264 0.54%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09264 0.54%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09264 0.54%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09264 0.54%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09264 0.54%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09264 0.54%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09264 0.54%
  • UZS/USD = 0.00008 0%

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Kyrgyzstan Bans Inspections of Businesses Until End of 2024

On January 9th, the President of the Kyrgyz Republic, Sadyr Japarov signed a Decree “On the introduction of a temporary ban (moratorium) on conducting inspections of business entities.” The Decree has been issued with the purpose of stabilizing the economic activities of businesses, ensuring the further development of the business environment, improving the investment climate, and eliminating unjustified and unnecessary interference by government bodies, the presidential press service said in a statement. The moratorium will run until December 31st, 2024. In a post on Facebook, President Japarov called on representatives of small and medium-sized businesses to report unjustified inspections to him. Japarov wrote that only enterprises against which a criminal case has been initiated will be subject to inspections. “If representatives of government agencies come to check businessmen without reason, without identifying signs of an economic crime, you can contact me through the Presidential Administration,” Japarov stated, promised that measures will be taken in such cases.

Kazakhstan to Host Sixth Digital Almaty Forum

The forum, Digital Almaty 2024, “Industry X: the Digital Evolution of the Future,” will be held in Almaty from February 1st to 3rd, bringing together officials from the Shanghai Cooperation Organization (SCO) and Eurasian Economic Union (EEU), leading experts and entrepreneurs to exchange ideas aimed at creating a new era of digital industry. The Forum will also include Industry 4.0 Startup Battle - a large-scale challenge for the title of best industrial startup - and an exhibition of Kazakhstan's largest subsoil users, technology parks, and technology companies that will share their experience about projects in the IT ecosystem. Panel discussions will feature more than 200 speakers, including international experts, industry leaders, and leading innovators in IT and business. “The Digital Almaty International Forum annually brings together the world’s leading experts from fifteen countries,” Bagdat Mussin, the Minister of Digital Development, Innovations and Aerospace Industry of Kazakhstan said. “In the new year, new digital solutions are needed that will help improve business processes. This platform provides ample opportunities for the presentation and discussion of key trends, projects, and technologies in this industry.” The organizers of Digital Almaty are the Ministry of Digital Development, Innovation and Aerospace Industry, the Ministry of Foreign Affairs, the Almaty municipality, and the Autonomous Cluster Fund “Park of Innovative Technologies” (Tech Garden).

Uzbekistan Taking Measures to Increase Employment

At a government meeting on January 8th, President Mirziyoyev listened to proposals aimed at increasing levels of employment in the country. According to official statistics, the number of unemployed in now stands at 1.3 million, and this year another 2.4 million people will enter the domestic labor market. Taking this into account, officials said that this year they will create sustainable and well-paid jobs for five million people, including 2.5 million in the services sector, 2.1 million in agriculture, 250,000 in investment projects and industry, and 140,000 in construction. In addition, it is planned to involve two million people in business through the widespread introduction of new financial instruments, including a new microfinance system. At the meeting, the importance of vocational training for those without work experience was emphasized; 2024 has been declared the “Year of Support for Youth and Business,” with a focus on establishing more favorable conditions for doing business in the country.

Tajikistan Seeking to Become Key International Transit Hub

Over the next two years, 317 kilometers of international highways will be put into operation in Tajikistan, confirmed representatives of the Ministry of Transport. In 2024, Tajikistan will continue implementing projects for the reconstruction of highways, with the construction of 32 bridges, 5 tunnels with a length of 11.2 km and 7 avalanche corridors aiming to turn the country into an international transit route. "Special attention will be paid to the reconstruction of the Guliston-Kulyab (32.5 km), Dangara-Guliston (49.2 km), Guliston-Farkhor (40 km), and Bokhtar-Levakant-Dangara (40 km) highways," the ministry stressed. Earlier, at a meeting of the heads of transport departments of Central Asia, it was agreed to create the conditions for the development of the transport industry, Transport Minister of Tajikistan, Azim Ibrohim stated. The improvement of transport and logistics is aimed at strengthening trade between the countries of the region. The parties also approved a draft agreement on improving the connectivity of land transport to create new transport corridors in Central Asia, which will be signed during the meeting of the heads of the state.

Kazatomprom Qualifies for Production of Advanced Nuclear Fuel

Kazakhstan’s National Atomic Company, Kazatomprom, the world's largest producer of uranium, says it has successfully completed the qualification process for the production of AFA 3G TM type A fuel assemblies at the Kazakh-Chinese Joint Venture, Ulba-FA LLP, which produces nuclear fuel for Chinese nuclear power plants. A document confirming the technical compliance of the product with all the mandatory quality requirements, norms and standards was provided by Framatome, the holder of technology. Work on the qualification for fuel assemblies’ production started in March 2023. As a result, the plant successfully received confirmation on the quality of its products. The qualification allows the plant to produce AFA 3G TM type A fuel assemblies, in addition to AFA 3G TM AA fuel assemblies, thus expanding the product line, Kazatomprom said. In 2024, Kazatomprom plans to commission industrial production of AFA 3GTM type A fuel assemblies and supply a batch of fuel assemblies of this type to nuclear power plants in China. The Ulba-FA plant has allowed Kazatomprom to diversify its production, expanding its product line and producing advanced, export-oriented uranium products with a high added value. With a production capacity of 200 tons of uranium in the form of fuel assemblies per year, the Ulba-FA plant has a guaranteed sales market for the next 20 years, Kazatomprom said. The launch of this innovative production has allowed Kazakhstan to enter the limited circle of countries which produce and supply nuclear fuel for nuclear power plants.

Forum to Attract Foreign Investment in Turkmenistan’s Energy Sector to be Held in Paris

The Forum to Attract Foreign Investments in Turkmenistan’s Energy Sector will take place on April 24th and 25th, 2024 in Paris. The Forum's organizers are the State Concerns Turkmengaz, Turkmennebit (Turkmen oil), and the State Corporation Turkmengeology in partnership with the Turkmen Forum and U.K.-based GaffneyCline, according to the official website of the event. The purpose of the Forum is to expand the opportunities for attracting foreign direct investment in all aspects of the energy industry of Turkmenistan, and to strengthen regional dialogue on further sustainable development of the energy sector. Upstream, midstream and downstream opportunities will also be addressed. The Forum will bring together leading national and international energy companies, as well as experts who shape the future of the oil and gas industry not only in Turkmenistan, but also in the wider region. Turkmenistan has repeatedly stated that increasing production and diversifying the export of its hydrocarbon resources is a priority task of the country’s oil and gas sector.

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