• KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
  • KGS/USD = 0.01149 0%
  • KZT/USD = 0.00189 0%
  • TJS/USD = 0.09153 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 -0.14%
07 January 2025

Viewing results 109 - 114 of 115

Recent murder in Kazakhstan draws attention to domestic violence and gender discrimination

A very public tragedy in Kazakhstan put on display domestic violence at its worst. A quarrel in a restaurant in Astana on the evening of November 8th is reported to have resulted in the death of Saltanat Nukenova, the 31-year-old wife of Kuandyk Bishimbayev. Bishimbayev, who served as Minister of National Economy under former President Nazarbayev, was detained on the same day for suspected murder and remains under arrest awaiting trial. On November 11th, Saltanat was buried in Pavlodar. This appalling incident highlighted the urgent need for stronger protections against domestic violence. An authorized rally was held in Almaty in late November. Around 200 participants came out onto the square behind the Sary Arka cinema, holding posters and chanting slogans against domestic violence. The event was organized by a public movement called Zhana Adamdar and the attendees mostly included young people and students from the movement. Relatives of Saltanat Nukenova also took part. The participants wanted to raise awareness about fighting any manifestation of violence against women and children. Most of the attendees were dressed in the same style, and many of them had scarves with the inscription “Say no to the animal world,” which was also the title of the rally. Speakers at the event detailed the most resonant cases of violence in recent times while the organizers of the rally held a small flash mob and arranged an installation with mannequins in cages with animal masks on them. A minute of silence was observed in honour those who died as a result of violence. Progress in protecting women What proceeded this public tragedy hopefully presents a silver lining. A month later, on December 8, Kazakhstan's current President Kassym-Jomart Tokayev signed a Decree to strengthen human rights with concrete steps towards preventing violence and promoting gender equality. The Decree instructs Kazakhstan’s government to take systematic measures to promote equal rights and opportunities in all spheres of society, as well as to overcome all forms and manifestations of gender discrimination. The decree also encompasses legislation to deter domestic violence and promotes equal rights and safety for both men and women in the Republic of Kazakhstan, as endorsed by UN Security Council resolution 13251. It further involves legislative measures to tighten criminal liability in cases of domestic violence, which have now been implemented. These measures aim to hold perpetrators accountable and ensure that victims can get justice. Additionally, offenders of domestic violence may be required to undergo comprehensive psychological correction as part of their rehabilitation process. The Decree also asks for creating specialized units within the Ministry of Internal Affairs staffed with female officers, who can enhance the effectiveness of combating domestic violence. While the timing of the Decree coincided with the aftermath of Saltanat’s death, there are signs that these steps may have already been in the works. President Tokayev had voiced concerns about domestic violence before the current headlines emerged. At a meeting in the Ministry of Internal Affairs in June 2023, for example, he had affirmed that “comprehensive...

Green Pitching Event at COP28 Focuses on Central Asia’s Sustainable Future

As reported on the United Nations Development Programme (UNDP) website, the UNDP in Kazakhstan organized a Green Projects Pitching Event for the countries of Central Asia, which aimed to spotlight innovative and sustainable initiatives across the region, showcasing a collaborative commitment to green growth and climate resilience. The 28th United Nations Climate Change Conference, or COP28, kicked off on November 30th and continues through to December 12th in Dubai, United Arab Emirates, with a growing urgency to increase action for meaningful change. The countries of Central Asia are presenting a common regional position on the most pressing climate issues at global scale, adopting the cooperative approach: Five countries – one region – one vote. As part of a region particularly vulnerable to the effects of climate change, the Central Asian nations are actively participating in the COP28 climate policy negotiations, advocating for commitments to reduce emissions, achieve carbon neutrality, and secure access to climate finance for the region. “The climate crisis knows no borders; it is a challenge that transcends individual nations,” said Nuri Ozbagdatli, UNDP Climate Change Specialist for Europe and Central Asia. “Success in addressing this global issue requires collective action. Together, the global community must pool our expertise, resources, and innovation to tackle climate change comprehensively, ensuring a sustainable future for all. In the countries of Central Asia, we strongly believe in the vast potential offered by the region's nature, population, and especially its youth. These factors form crucial elements in our joint endeavors to confront and overcome the challenges posed by climate change." The event was opened by the Ministers of Ecology from three Central Asian countries: Kazakhstan, Kyrgyzstan, and Uzbekistan. "Achieving a substantial reduction in greenhouse gases requires significant financial investment,” said Yerlan Nyssanbayev, Minister of Ecology and Natural Resources of Kazakhstan, in his welcoming speech. “The strategy of low-carbon development adopted by Kazakhstan this year estimates a net investment of US$610 billion in low-carbon technologies. At the same time, the importance of climate financing, which helps societies and economies build resilience and adapt to the impacts of climate change, cannot be overstated."

Government Buys ArcelorMittal Termirtau for $286 Million

The Minister of Industry and Construction of the Republic of Kazakhstan, Kanat Sharlapayev, announced at a briefing that after eleven rounds of negotiations, the purchase of Arcelor Mittal Temirtau has been completed, Kazinform has reported. Divulging the details of the deal, Sharlapayev stated that “$286 million is the cost of two fully functioning enterprises. In addition, ArcelorMittal will not make any claims against the Government of Kazakhstan. The agreement was reached within the legal framework, in full compliance with international law.” Against a backdrop of ongoing incidents at ArcelorMittal Temirtau JSC, in August of this year, President of the Republic of Kazakhstan Kassym-Jomart Tokayev pointed out serious violations by the company. The Head of State stated that consequences for the enterprise to remain in the Kazakh market were not excluded for AMT. At the time this statement was made, the government was already negotiating with the owners of ArcelorMittal Temirtau on the possible withdrawal of the company from the metallurgical plant. These talks began after the tragic accident that occurred on November 3rd 2022 at the Lenin Mine, a subsidiary of AMT. As a result of these intensive negotiations, on December 9th 2022, a “Standstill Agreement” was signed, which allowed the authorities to evaluate and audit the enterprise. During the negotiations, ArcelorMittal requested $3.5 billion, which did not correspond to the calculations of international consultants. “This became one of the main reasons for the protracted negotiation process,” Sharlapayev said. “Our goal was to purchase the plant at a fair price without incurring costly and protracted international litigation. The urgency and acceleration of the negotiations were also dictated by the need to prevent the shutdown of the enterprise. The agreement between the Government of Kazakhstan and ArcelorMittal can be called a mega-deal, which is of exceptional importance to our country. We have avoided a lot of risks faced by the governments of other countries,” the minister stressed. Sharlapayev also announced three key elements of the deal: - The state has reduced the value of assets from $3.5 billion to $286 million; - Not a single tenge was spent from the state budget on the implementation of the transaction; - The new investor undertakes an obligation to the parent company, ArcelorMittal, to repay a short-term loan of $250 million and a long-term loan of $450 million over four years.

Kazakhstan’s Nuclear Energy Projects: Evaluating Potential Suppliers for a Sustainable Future

Kazakhstan, renowned for its abundant uranium reserves and expansive mining ventures, is making substantial progress in the realm of nuclear power. The country's inaugural venture into this field was marked by the BN-350 fast-neutron reactor in Aktau, which signified the launch of Kazakhstan's first nuclear power plant. At present, Kazakhstan operates 13 uranium mining projects. Kazatomprom, the national atomic company, fully owns three of these, while the remaining ten are joint ventures with foreign equity holders. In 2020, Kazatomprom's significant contributions to the uranium mining industry confirmed Kazakhstan's status as the global leader in uranium production, providing 28% of the world's production. However, Kazakhstan's nuclear aspirations are not confined to uranium mining. Plans are in motion to construct a nuclear power plant (NPP), projected to be operational by 2035, to cater to the country's escalating energy demands. The proposed NPP is expected to house two reactors, each with a capacity ranging from 1,000 to 1,400 megawatts. These reactors will help alleviate the shortage of base load power supply in the nation. Currently, the authorities are evaluating several potential suppliers of nuclear technology. The contenders include China National Nuclear Corporation (CNNC), South Korea's Korea Hydro & Nuclear Power (KHNP), France's Électricité de France (EDF), and Russia's state corporation Rosatom. The construction of the NPP has sparked significant debate within the country. In response to public sentiment, President Kassym-Jomart Tokayev has announced a referendum to decide the future of the plant. Despite the controversy, the nuclear sector continues to contribute to Kazakhstan's economy through job creation. Nearly 18,000 people are currently employed in the peaceful use of nuclear energy. The International Atomic Energy Agency (IAEA) has been closely monitoring Kazakhstan's progress in developing its nuclear infrastructure. The country operates several research reactors and other nuclear installations related to the front end of the nuclear fuel cycle10. While Kazakhstan's venture into nuclear energy offers significant benefits, including job creation, economic growth, and a sustainable solution to the country's escalating energy needs the course ahead depends on public sentiment and the outcome of the forthcoming referendum.

Kazakhstan Increases Oil Supplies to Germany via Russia by 54% in November

Kazakhstan Increases Oil Supplies to Germany via Russia by 54% in November The volume of transportation of Kazakh oil through the system of trunk oil pipelines of Russia’s Transneft PJSC in the direction of the Adamova Zastava oil delivery point in Russia for further delivery to Germany will increase from the planned 100,000 tons to 154,000 tons, the director of the transportation department of KazTransOil JSC, Abai Beisembayev said on November 30th. KazTransOil JSC is the national operator of the main oil pipeline in Kazakhstan. “Despite difficult meteorological conditions in the Black Sea, KazTransOil JSC fully fulfills its obligations to shippers”, Beisembayev said. “There are no restrictions on the part of Transneft PJSC today. Due to the limitations of oil transportation through the system of the Caspian Pipeline Consortium JSC, a number of shippers who would like to pump oil through our system have applied to KazTransOil JSC. Operational work was carried out with Transneft PJSC on additional pumping of the resources of Karachaganak Petroleum Operating B.V. In November, it was planned to deliver 100,000 tons of oil to Germany, but by the end of the month, the volume of transportation of Kazakh oil through the system of trunk oil pipelines of Transneft PJSC in the direction of the Adamova Zastava oil delivery point for further delivery to Germany will amount to 154,000 tons”. KazTransOil JSC confirmed its technical capability to supply 1.2 million tons of Kazakh oil a year towards the Adamova Zastava oil delivery point for further transportation to Germany, but the actual volume depends on requests from oil companies.

Taraz and Ancient Olympia: A Union of Cultural Exchange and Growth

On November 4th, a historically significant twinning ceremony was held between the city of Taraz in Kazakhstan and Ancient Olympia in Greece. The agreement was signed at the Temple of Hera, an ancient site revered by the Greeks. It's here that the rules of the original Olympic Games were kept, and where the Olympic Flame is ceremonially lit every two years, symbolizing the continuation of an ancient sporting tradition. Bakhytzhan Orynbekov, the Akim (Mayor) of Taraz, views this partnership as an opportunity to foster mutual growth. He believes that it will enhance exchanges in various sectors, including culture, sports, tourism, science, and education. These fields are seen as key areas of development that can benefit from international cooperation. Georgios Georgiopoulos, the Mayor of Ancient Olympia, echoed these sentiments. He expressed enthusiasm about forming bonds of friendship and brotherhood with Taraz. With a rich history stretching back 2000 years, Taraz has been a significant cultural crossroads between the East and West. This makes it an ideal partner for Ancient Olympia, which itself has a storied history dating back to antiquity. In a meeting with representatives from Ilia's business community, both parties agreed to strengthen economic ties and cultivate relations between their respective regions and business circles. This agreement underscores the importance of international collaboration in fostering economic growth and development. Ancient Olympia is renowned for its UNESCO World Heritage Sites and also for hosting the International Olympic Academy. This institution is the primary educational and cultural arm of the International Olympic Committee and plays a vital role in promoting the values and ideals of the Olympic movement. The initiative to twin Taraz and Ancient Olympia was spearheaded by the Embassy of Kazakhstan in Greece and the Kazakh-Hellenic Business Council, demonstrating the importance of diplomatic and business relations in fostering cultural ties.