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ASTANA (TCA) — Kazakhstan authorities say they will continue their efforts to prosecute fugitive banker Mukhtar Ablyazov and his associates despite his release from custody in France, RFE/RL's Kazakh Service reports. Continue reading
BISHKEK (TCA) — In Kazakhstan, a crooked private entrepreneurial sector emerged in the early years of independence and “poisoned” the state-run part of the economy. In Kyrgyzstan and Tajikistan, the opposite happened as corrupt regimes entangled the private sector, forcing entrepreneurs to comply with white collar crime in state echelons and thus become involved in it themselves. The case of Uzbekistan is more complicated, since it appears to involve international fraud chains along with local culprits. Continue reading
ASHGABAT (TCA) — A presentation of the third phase of the international project “Support for further sustainable Agriculture and Rural development in Turkmenistan”, implemented with the European Union assistance, was recently held in Ashgabat. The event was organized by the Ministry of Agriculture and Water Industry of Turkmenistan with the support of the Ministry of Foreign Affairs of Turkmenistan, Turkmenistan: the Golden Age online newspaper reported. Continue reading
BISHKEK (TCA) — The Asian Development Bank (ADB) and the Government of the Kyrgyz Republic have signed the loan agreement for the third and final phase of support to rehabilitate the Toktogul hydropower plant and increase the reliability of the national and regional power systems, ADB’s Country Office said on December 13. Continue reading
ASTANA (TCA) — The European Bank for Reconstruction and Development (EBRD), a key international investor in Kazakhstan, is providing support to the national energy company, Samruk-Energy, as it embarks on an ambitious programme of privatisation in line with the strategy of its parent holding, the sovereign wealth fund Samruk-Kazyna, the Bank said on December 12. Continue reading
BISHKEK (TCA) — On December 12, National Literature Day, U.S. Ambassador to the Kyrgyz Republic Sheila Gwaltney announced USAID's donation of over 264,000 books that will be distributed among all Kyrgyz-language public primary schools. Each Kyrgyz-language public primary school will receive a set of 123 Kyrgyz language books featuring tales, stories, riddles, and poetry tailored to the needs of early readers, the U.S. Embassy said. Continue reading