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BISHKEK (TCA) — There was an opinion that the United States was leaving Central Asia, which was the case in the past decade, but now the US is reconsidering its attitude to the region, Central Asia-Caucasus Institute (CACI) Chairman S. Frederick Starr said in his interview with Kazakhstan’s Sayasat.org about America’s role in Central Asia. Continue reading
ASTANA (TCA) — Kazakhstan’s 2050 Strategy envisages a radical restructuring of the government and the economy by 2050 and recognizes that “the era of the hydrocarbon economy is coming to its end.” The world’s current oversupply of oil adds urgency to the need to accelerate broader reforms of economic structure and fiscal policy, Ato Brown, World Bank Country Manager for Kazakhstan, wrote in an opinion piece published on the World Bank website. Continue reading
TASHKENT (TCA) — A video conference analyzing the work of the Ministry of Foreign Affairs and embassies of Uzbekistan in foreign countries was held on January 11 under the chairmanship of President Shavkat Mirziyoyev, the Jahon information agency reported. Continue reading
ASTANA (TCA) — The European Bank for Reconstruction and Development (EBRD) is supporting French company Urbasolar SAS in its plans to build a solar power plant in Kazakhstan, a country which leads this field in Central Asia, the EBRD press office said. Continue reading
ASTANA (TCA) — The year 2017 was marked in Kazakhstan by the authorities’ efforts to lay the ground for a smooth state power succession and to overcome the country’s economic and financial problems accumulated in the recent years. We are republishing this article by George Voloshin on the issue, originally published by The Jamestown Foundation’s Eurasia Daily Monitor: Continue reading
BISHKEK (TCA) — The Publisher’s note: Throughout the 19th and 20th centuries, Central Asia was the scene of intense geopolitical struggle and the Great Game between the British and Russian Empires, and later between the Soviet Union and the West, over Afghanistan and neighboring territories. Into the 21st century, Central Asia has become the area of a renewed geopolitical interest, dubbed the New Great Game, largely based on the region’s hydrocarbon and mineral wealth. On top of that, the region now is perhaps the most important node in the implementation of China’s One Belt, One Road initiative through which Beijing aims to get direct access to Western markets. Every week thousands of news appears in the world’s printed and online media and many of them may escape the attention of busy readers. At The Times of Central Asia, we strongly believe that more information can better contribute to peaceful development and better knowledge of this unique region. So we are presenting this Weekly Digest which compiles what other media have reported on Central Asia over the past week. KAZAKHSTAN Businessman Seeks Sale Of $5.2B Stake In Kazakhstan Oil Field An investment dispute in Kazakhstan has ended up in international court, proving that the Central Asian country is still a risky place for foreign investors Jan 9 — “Moldovan businessman Anatolie Stati will ask courts to sell US$5.2 billion worth of a stake in Kazakhstan’s biggest oil field, Kashagan, held by a Kazakh sovereign wealth fund if Kazakhstan continues to refuse to pay an arbitration award of US$500 million, a spokeswoman for Stati told Reuters on Tuesday.” READ MORE: https://oilprice.com/Latest-Energy-News/World-News/Businessman-Seeks-Sale-Of-52B-Kazakh-Stake-In-Kashagan-Oil-Field.html Investing in Kazakhstan Is Still a Risky Business EU Parliament members say that in relations with Kazakhstan, “economic interests cannot take precedence over human rights”, which is also true for doing business with the country Jan 10 — “Kazakhstan and the European Union are celebrating a landmark partnership agreement that was sealed in December 2017, with an “overwhelming majority” of Parliament members voting to pursue the bloc’s first such deal with a Central Asian country.” READ MORE: https://www.fairobserver.com/region/central_south_asia/kazakhstan-european-union-partnership-agreement-human-rights-central-asia-latest-news-18501/ How a Trump SoHo Partner Ended Up With Toxic Mining Riches From Kazakhstan Many in Kazakhstan would like to know how did so much of the country’s natural-resources wealth end up in the hands of a few businessmen Jan 11 — “Green smoke paints the landscape on the outskirts of Aktobe, the hub of a Central Asian mining empire that produces a third of the world’s chromium — the essential ingredient in stainless steel. Locals say that the air gets so bad in summer it’s hard to breathe. Industrial waste contaminates the groundwater.” READ MORE: https://www.bloomberg.com/news/features/2018-01-11/how-a-trump-soho-partner-ended-up-with-toxic-mining-riches-from-kazakhstan Kazakhstan's President Heads To Trump's White House The US is interested in more cooperation with Kazakhstan, the country that has raised its international profile and become an even more important regional player over recent years Jan 12 — “Their mobile internet is faster than Brazil's, Russia's and India's; make that twice as fast as India's. Their fixed...
