MoU signed by EBRD First Vice President Phil Bennett and Silk Road Fund President Wang Yanzhi

EBRD and Silk Road Fund agree to cooperate

BISHKEK (TCA) — A cooperation agreement has been reached between the European Bank for Reconstruction and Development (EBRD) and the Silk Road Fund, established to implement China’s Belt and Road initiative, inspired by the ancient Silk Road connecting China and Europe, the EBRD press office said.

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Times of Central Asia

Kazakh entrepreneurs to take part in Global Entrepreneurship Summit

ASTANA (TCA) — Ten representatives from Kazakhstan will attend the Global Entrepreneurship Summit (GES), which will take place from June 22-24 in Palo Alto, California, the U.S. Diplomatic Mission to Kazakhstan said. One of the participants will be Magzhan Madiyev, famous for founding the naimi.kz project; Madiyev was a participant in the Open World 2015 program and was also one of the trainers at TechForum Central Asia 2016 held in Astana. Another participant is Kurmanagaliyeva Aizhan, an alumna of the Ugrad 2004 program; Aizhan is currently director of the “Best Education” private school in Oskemen. They will be joining more than 700 entrepreneurs from around the world along with investors, speakers, and leaders in the entrepreneurship space.

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Times of Central Asia

Sustainable growth, job creation focus of new World Bank strategy in Uzbekistan

TASHKENT (TCA) — The World Bank’s Board of Executive Directors on June 14 discussed a new Country Partnership Framework for Uzbekistan for 2016-2020. The new strategy is aligned with the country’s own goal of achieving upper middle-income status by 2030 by increasing the economy’s competitiveness, improving the business environment, and developing its infrastructure to support rapid job creation, the World Bank said.

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Times of Central Asia

UN Information and Resource Center opens in Dushanbe

DUSHANBE (TCA) — The first UN Information and Resource Center (UN IRC) in Tajikistan was officially inaugurated on June 13 by Sirodjiddin Aslov, the Minister of Foreign Affairs of Tajikistan, and Ms. Cihan Sultanoglu, UN Assistant Secretary General, Assistant Administrator, Regional Director of the United Nations Development Programme for Eastern Europe and CIS countries.

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Times of Central Asia