Sergey Kwan
DUSHANBE (TCA) — The banking system in Tajikistan is experiencing hard times, with four banks facing a liquidity crisis due to reckless lending policies. The situation owes much to dubious practices in the banking system, but it is ordinary customers of the banks who now pay for that. We are republishing this article on the issue, originally published by EurasiaNet.org:
Lidia Savina
BISHKEK (TCA) — For the first time over recent years, the water level in the reservoir of the Toktogul hydro power plant, the largest in Kyrgyzstan, has reached its maximum. The reservoir has currently 19.6 billion cubic meters of water, 2.7 billion cubic meters more compared to the same period last year. This gives Kyrgyzstan an opportunity to export electricity to neighboring countries, Vice Prime Minister of Kyrgyzstan Duishenbek Zilaliyev said.
Sergey Kwan
BISHKEK (TCA) — The Publisher’s note: Central Asia is an important geopolitical area between Europe, Russia and China. It is in Central Asia that world powers have confronted each other for centuries; it is here that China needs to succeed with its new Silk Road Belt for direct access to the Western markets; and it is here that a large wealth of raw materials has its origin. Every week thousands of news appears all over the world in printed and online media and it is quite understandable that many of them may escape the attention of busy readers. At The Times of Central Asia, we strongly believe that more information can better contribute to peaceful development and better knowledge of the region, and for this reason we are presenting this Weekly Digest of Central Asia which compiles what other media have reported during the past week.
Sergey Kwan
BISHKEK (TCA) — For over 25 years, the United States has partnered with Kyrgyzstan on a diverse set of programs to ensure greater stability, prosperity, and security in the country, including programs for the protection of endangered species like the snow leopard, Kimberly Rosen, USAID Kyrgyz Republic Mission Director, said after Kyrgyzstan successfully hosted International Snow Leopard and Ecosystem Forum held in Bishkek August 23-25. The twelve snow leopard range-countries reaffirmed their strong support for the conservation of snow leopards and high mountain ecosystems and signed the Bishkek Declaration 2017: Caring for Snow Leopards and Mountains – Our Ecological Future.
Sergey Kwan
BISHKEK (TCA) — For the 25th consecutive year US Peace Corps Volunteers joined local English teachers, their counterparts to welcome students back to school at educational institutions across Kyrgyzstan as the new academic year started in the country on September 1, the US Peace Corps in the Kyrgyz Republic said.
Sergey Kwan
TASHKENT (TCA) — The Chamber of Commerce and Industry of Uzbekistan jointly with the British Embassy in Uzbekistan on August 29 held a seminar entitled “Export of horticultural and agricultural products to the UK”. The event focused on issues of exporting local fruits and vegetables, agricultural products to the United Kingdom, the Jahon information agency reports.
The event was attended by representatives of the government and business entities, including 19 entrepreneurs who will take part in “Fine Food 2017” international exhibition that will be held September 2-5 in London.
In 2016, the trade turnover between Uzbekistan and Great Britain amounted to $151 million. There are 559 enterprises with participation of British investors in Uzbekistan. Representative offices of 68 British companies are accredited in the Ministry of Foreign Affairs of Uzbekistan.
Companies such as British-American Tobacco for manufacturing tobacco products, WorleyParsons, specialized in project and engineering sphere, Rio Tinto, operating in the mining industry, as well as the well-known organizer of exhibitions, ITE, are working in the country.
The work of the Uzbek-British Trade and Industry Council plays an important role in bilateral trade and economic partnership. The most recent, 23rd meeting of the Council was held in November 2016 in Tashkent.
At the seminar, Uzbek exporting enterprises were provided with information on conditions for export of fruits and vegetables, agricultural products to the United Kingdom, and on requirements for imported products, and the overall potential of the market.
