Page 1147 – The Times Of Central Asia

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04 Feb 2016

EBRD marks launch of Tajikistan Climate Resilience Financing Facility

February 4, 2016
By TCA

DUSHANBE (TCA) — The European Bank for Reconstruction and Development (EBRD), in partnership with the Pilot Program for Climate Resilience (PPCR) of the Climate Investment Funds, held an event to mark the formal launch of CLIMADAPT, the Tajikistan Climate Resilience Financing Facility, on February 3 in Dushanbe. CLIMADAPT aims to help Tajik households, businesses and farmers cope with the effects of climate change and to support the country’s transition towards a green economy, the EBRD press office said.

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03 Feb 2016

Opinion Head

Iran’s opening-up: southern comfort for Central Asia

February 3, 2016
By Douglas Green

LONDON (TCA) — Amidst the wildest speculations that predominantly Shiite Iran might emerge as a powerful buffer to keep Sunnite extremism at bay for Central Asia and take the shape of a regional power broker, realities speak a different language. For the moment, Iran needs everybody else’s help a lot more than anybody else needs Iran’s. But where politics face a long haul, trade might have a unique and immediate opportunity – especially where the landlocked Central Asian former Soviet republics are concerned.

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03 Feb 2016

NEWS

Korea’s LG Chem cancels $4.2 billion project in Kazakhstan

February 3, 2016
By TCA

ASTANA (TCA) — LG Chem, South Korea’s largest chemical company, said it has decided to scrap a plan to jointly build a $4.2 billion petrochemical plant in Kazakhstan due to the continued slump in global oil prices, The Korea Times reported late in January.

Times of Central Asia

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03 Feb 2016

NEWS

Chinese investors ready to build oil refinery in Kazakhstan’s Mangistau province

February 3, 2016
By TCA

ASTANA (TCA) — Investors from China support the idea of construction of Kazakhstan’s fourth oil refinery in the western Mangistau province, Novosti-Kazakhstan news agency reported citing Mangistau province Governor Alik Aidarbayev.

Times of Central Asia

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03 Feb 2016

NEWS

Some $1.6 billion legalized in capital amnesty campaign in Kazakhstan

February 3, 2016
By TCA

ASTANA (TCA) — Assets worth 588 billion tenge (around US $1.6 billion) had been legalized during the ongoing property legalization campaign in Kazakhstan as of end-January 2016, Novosti-Kazakhstan news agency reported citing Finance Minister Bakyt Sultanov.

Times of Central Asia

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03 Feb 2016

NEWS

European Union grants additional trade incentives to Kyrgyzstan

February 3, 2016
By TCA

BISHKEK (TCA) — The decision of the European Union to grant GSP+ status to the Kyrgyz Republic opens up new potential of economic relations between the two partners and offers opportunities for Kyrgyzstan to increase and diversify its export and strengthen its economy, the European Union’s Delegation to the Kyrgyz Republic said on February 2.

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