BISHKEK (TCA) — The newly created destination management organization, Destination Karakol, unveiled plans last week to develop and promote the greater Karakol area as an appealing, year-round tourism destination in Kyrgyzstan’s Issyk-Kul province. This initiative is supported by the United States through the USAID Business Growth Initiative, the USAID BGI Project said.
BISHKEK (TCA) — OSCE Chairperson-in-Office and Germany’s Foreign Minister Frank-Walter Steinmeier and Kyrgyzstan’s Foreign Minister Erlan Abdyldaev on March 31 signed an agreement on extending the current operating modalities and academic independence of the OSCE Academy in Bishkek.
BISHKEK (TCA) — The Times of Central Asia presents to its readers Stratfor’s Global Intelligence, a weekly review of the most important events that happened in the world — from Europe to Middle East to Russia to Central Asia to Afghanistan to China and the Americas.
LONDON (TCA) — The dream of operating a railways system from China to Europe via Kyrgyzstan and Uzbekistan seems to have taken a detour since the present situation shows that with the exception of Kazakhstan, the other Central-Asian post-Soviet republics find themselves on the losing end of China’s rail expansion scheme – due to various “realities”.
BISHKEK (TCA) — Foreign direct investments amounted to $818.8 million in 2015 in Kyrgyzstan, 12.6% more than in 2014, Prime Minister of Kyrgyzstan Temir Sariyev said on March 31. Of this amount, $120 million was received due to tenders for development of two major gold fields, Jerooy and Terekkan-Perevalnoye.
ALMATY (TCA) — Today in Central Asia several banks bearing fancy names and based in fancy offices have multiplied in places like minor-size former Soviet republics with no economic achievement to speak of — all over among local banks from Dushanbe to Baku in the former USSR’s “soft belly” stretching from the Pamir to the Caucasus. In this regard, only Kyrgyzstan and Uzbekistan have kept aloof from cash trouble up till now.
