Demand for inexpensive foreign-made cars will be stable in Kazakhstan

ASTANA (TCA) — Demand for inexpensive foreign-made cars will remain stable in Kazakhstan for several years, Andrei Lavrentev, the chairman of the board of JSC Group of Companies Allur (Allur Group) and president of the Kazakhstan Association of Car Business, said at the Kazakhstan International Automotive Forum in Astana on March 1, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on its website.

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Times of Central Asia

A test for EEU: expansion or consolidation

BISHKEK (TCA) — Back in 2014, then minister of economic affairs of Kazakhstan Kairat Kelimbetov stated at the Astana Economic Forum that the Eurasian Economic Union (EEU) in the course of its formation “is learning a lot from the European Union – not just from the latter’s successes, but also from its mistakes”. Today, that statement is being put to the test – especially concerning the admission of Kyrgyzstan and Armenia by the bloc’s three founding members: Russia, Belarus and Kazakhstan.

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Times of Central Asia