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ASTANA (TCA) — The European Bank for Reconstruction and Development said it is providing a financial package of up to US$ 45 million to Bank CenterCredit, a long-term financial partner in Kazakhstan with 19 branches and over 100 outlets across the country.
BISHKEK (TCA) — A convention on the legal status of the Caspian Sea, expected to be signed this Sunday, would pave way to implementation of the Trans-Caspian gas pipeline — a project that will diversify gas-export routes for Turkmenistan. We are republishing this article on the issue, written by Peter Leonard, originally published by Eurasianet:
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ASTANA (TCA) — President of Azerbaijan Ilham Aliyev, President of Iran Hassan Rouhani, President of Russia Vladimir Putin, and President of Turkmenistan Gurbanguly Berdymukhamedov will, at the invitation of Kazakhstan President Nursultan Nazarbayev, take part in the fifth Caspian Summit to be held on August 12 in the Kazakh city of Aktau.
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DUSHANBE (TCA) — ANDRITZ Group, a leading supplier of equipment and services for hydropower stations (headquartered in Austria), has received an order from Tajikistan’s state energy company, Barqi Tojik, for rehabilitation and modernization of the entire electro-mechanical equipment, including the inspection and repair of nine penstocks, for the existing Nurek hydropower plant in Tajikistan.
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BISHKEK (TCA) — The Eurasian Development Bank (EDB) and Halyk Bank Kyrgyzstan entered into framework agreements for a total of US $5 million to support trade finance and SME finance programs. The instruments were signed on 8 August by Dmitry Ladikov-Roev, Managing Director for Assets and Liabilities at the EDB, and Aikyn Kabulov, Chairman of the Management Board at Halyk Bank Kyrgyzstan. The trade finance agreement is the EDB’s first transaction of this kind in Kyrgyzstan.
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TASHKENT (TCA) — Uzbekistan’s Tashkent Oblast and Belarus’ Minsk Oblast intend to step up mutual trade and expand cooperation in agriculture, civil engineering, and personnel training. The governors of the two oblasts — Gulomzhon Ibragimov and Anatoly Isachenko — reached the relevant agreement during their meeting in Minsk on August 8, Belarus’ BelTA news agency reported.
