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NUR-SULTAN (TCA) — “Ukraine–Kazakhstan, Central Asia” business forum took place in Nur-Sultan on September 5.
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TASHKENT (TCA) — The European Bank for Reconstruction and Development (EBRD) is providing a boost to domestic importers and exporters in Uzbekistan by opening a limit of up to US$ 20 million under the EBRD’s Trade Facilitation Programme (TFP) to Asaka bank, the EBRD said on September 5.
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TASHKENT (TCA) — Major nuclear fuel cycle company Orano has signed a partnership agreement with the Uzbek State, represented by the State Committee for Geology and Mineral Resources (GoscomGeology) to develop mining exploration and operations activities in Uzbekistan, the French company said on September 4.
The two partners have decided to create a joint venture which will be established in few months, with 51% held by Orano and 49% held by GoscomGeology.
This agreement formalizes the desire of both parties to work together on uranium mining projects in Uzbekistan, in particular in the Navoi region in a desert area at the heart of the uranium-rich province of Kyzylkum.
The two partners plan to conduct borehole drilling works in the area to improve the classification of resources already identified by GoscomGeology and discover new uranium resources. The first works in the field are planned to commence in the first half of 2020.
“We are happy with and proud of this agreement which is part of the geographical diversification of the group’s mining activities and consolidates its presence in Central Asia,” said Nicolas Maes, Senior Executive Vice President of Orano’s Mining Business Unit. “It helps to strengthen relations within the framework of cooperation between France and Uzbekistan. Uzbekistan has extensive experience in the mining of uranium deposits by ISR, and combined with Orano’s experience, this gives this project the solid foundations expected to move into new territories and develop innovative solutions capable of improving our productivity and thus meet our customers’ expectations.”
Bobir Islamov, Chairman of the State Committee of Uzbekistan on Geology and Mineral Resources said: “Uzbekistan is rich in mineral resources and has a developed mining industry. The country mines major deposits such as the Muruntau gold deposit, the Kalmakyr porphyry copper deposit, and the Uchkuduk uranium mines in the province of Kyzylkum. The partnership agreement we are signing with Orano is about consolidating our efforts and carrying out mutually beneficial projects in order to diversify our uranium industry and create new production capacities by combining the expertise and experience of both parties. We believe cooperating with a reliable partner such as Orano, which has vast expertise and experience as well as a stable place in the global uranium market, will contribute to the success of the projects carried out by the JV we are creating. The agreement signed today is a symbolic event and will, without doubt, contribute to the development of a good relationship and friendship between France and Uzbekistan.”
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NUR-SULTAN (TCA) — The Turkish company DESA plans to establish production of leather products in Kazakhstan. In line with the initiative, the Turkish investors arrived on a working trip to Kazakhstan, Kazakh Invest national investment promotion company reported on its website.
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NUR-SULTAN (TCA) — The government of Kazakhstan has approved the Roadmap for Promoting the Export of Non-Primary Goods and Services, the press service of the Prime Minister of Kazakhstan said on September 4.
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DUSHANBE (TCA) — Representatives from the Global Financing Facility for Women, Children and Adolescents (GFF) met their Tajikistan counterparts in Dushanbe this week to mark the start of the country’s membership in the global initiative, the World Bank said on September 4.
A partnership of governments, multilateral and bilateral development institutions, technical partners, the private sector, and civil society organizations, GFF serves as a coordination platform for policy-makers around the world to tackle health and nutrition issues more effectively, not least by improving donor coordination and increasing the efficiency in the use of domestic and international resources. The GFF Trust Fund acts as a catalyst for additional financing and improved development effectiveness. Consequently, countries using modest GFF Trust Fund grants can significantly increase domestic resources and crowd in additional World Bank financing, aligned external financing, and/or private sector resources.
“We hope that by uniting efforts with the Global Financing Facility partnership, we will be able to reduce maternal and child mortality rates and support our overall health system reform agenda,” said Dr. Nasimkhuja Olimzoda, Minister of Health and Social Protection of Tajikistan. “Tajikistan is the youngest and fastest growing country in the region of Europe and Central Asia, so programs supporting the well-being of women and children are of greatest priority for us.”
In May 2019, nine new countries, including Tajikistan, joined GFF, supported by the World Bank Group. This has brought the total number of GFF-supported countries to thirty-six. In this, Tajikistan is a pioneer: it is the first country in the Europe and Central Asia region to have joined the GFF.
“We are pleased to support the Government of the Republic of Tajikistan as it seeks to improve the health and nutrition of women, children, and adolescents,” said Jakub Kakietek, GFF Focal Point for Tajikistan. “The Government’s leadership in investing in health and nutrition will save lives and, in so doing support the country’s economic growth potential for years to come.”
