• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00212 0%
  • TJS/USD = 0.10456 0.19%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%

Kazakhstan: Khorgos border trade center sees increase in visitors

ASTANA (TCA) — More than 1.2 million people visited the Khorgos International Center of Boundary Cooperation (ICBC) in 2018, an 8-percent increase compared to 2017, the press service of national railways company Kazakhstan Temir Zholy said.

The Khorgos ICBC is located on the Kazakh-Chinese border in Kazakhstan’s Almaty province, and is a major international transport, transit and trading hub between Kazakhstan and China.

The growth of visits was facilitated by measures to create conditions for conducting transparent business of investors and visiting tourists. Thus, the luggage terminal was reconstructed and enlarged from 900 to 3,500 square meters. The fleet of 15 low-tonnage cargo vehicles has been updated. This allowed reducing the time of delivery of visitors’ goods from the baggage collection points to the point of delivery in the baggage terminal. There is a single operator for comfortable movement of visitors.

Currently, the issues of exemption of Kazakhstan and foreign participants of FEZ ICBC Khorgos from payment of basic taxes, except the social tax, are being resolved.

The assignment to ICBC Khorgos — a unique project of Kazakhstan and China for trade, economic, tourism and investment cooperation — of the status of Free Economic Zone (FEZ) created favorable conditions for the development of business and investment in the territory of Kazakhstan.

In 2018, 12 investment companies were attracted with a total construction area of 32.7 hectares and a building area of 193,000 square meters. Over the years of operation of ICBC Khorgos, 21 contracts for the construction of investment facilities were signed. The area of land plots at Khorgos was 113.5 hectares with the exception of infrastructure facilities, and the area of premises was 805.4 thousand square meters.

India signs agreements for 26 development projects in Afghanistan

KABUL (TCA) — India and Afghanistan have signed agreements to implement 26 projects worth $9.5 million in Afghanistan amid a changing geopolitical scenario in the region. While the US has been urging India to send its armed forces to the war-torn nation, India has reiterated its commitment to complete infrastructure projects it has promised to Afghanistan, Russia’s Sputnik news agency reported.

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EBRD invests in modern power generation in Uzbekistan

TASHKENT (TCA) — Power supply in south Uzbekistan will be significantly improved thanks to the creation of additional generation capacity at the existing Talimarjan power plant (TPP) with the help of a sovereign loan of up to US$ 240 million provided by the European Bank for Reconstruction and Development (EBRD) to JSC Uzbekenergo. The project will be the largest EBRD investment in Uzbekistan to date, the Bank said on January 14.

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Tajikistan’s growth to average at 6% in 2019–2020 — World Bank

DUSHANBE (TCA) — Tajikistan’s short-term and medium-term outlooks are positive, as growth in the Russian economy, elevated prices for major export commodities—cotton and aluminum—and growing regional cooperation will support external proceeds, the World Bank says in its latest issue of the Country Economic Update for Tajikistan, entitled “Rogun HPP – Potential Resource for Building Human Capital”.

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