BISHKEK (TCA) — Eurasian Development Bank’s (EDB) researchers believe that in 2017 direct investors from Eurasian countries will be more active in the Eurasian Economic Union (EEU) countries of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, EDB’s press office said on December 27. The development of China’s “One Belt, One Road” initiative is expected to become one of the stimuli for FDI inflows. Chinese investors have already begun to show interest not only in hydrocarbon production, but also in transport, infrastructure, and the power sector, says a report prepared by Eurasian Development Bank’s Centre for Integration Studies.

Continue reading

DUSHANBE (TCA) — China remains the largest foreign investor in the economy of Tajikistan, with Chinese investments accounting for 61.8 percent of the total foreign investments in the country in January-November 2016, Avesta news agency reported.

Continue reading

ASTANA (TCA) — Kazakhstan’s Foreign Minister Erlan Idrissov said that starting from 1 January 2017, citizens of 45 more countries, including member countries of the Organization for Economic Cooperation and Development and the European Union, and the United Arab Emirates, Malaysia, Singapore and Monaco, will enjoy visa-free entry to Kazakhstan for up to 30 days from the date of entry to the country, the official website of the Prime Minister of Kazakhstan reported on December 27.

Continue reading

TASHKENT (TCA) — During the next five years Uzbekistan plans to build and revamp 960 km of railway lines and electrify about 900 km of railways, the Jahon information agency reported.

Continue reading

ASHGABAT (TCA) — The United Nations Development Programme (UNDP) and the Global Environment Fund (GEF) together with the national partner State Committee for Nature Protection of Turkmenistan have launched a new project “Support to the economic climate resilient livelihoods in agricultural communities in arid regions of Turkmenistan”, UNDP in Turkmenistan said.

Continue reading

ASTANA (TCA) — Kazakhstan and Russia signed a concept of cooperation at Kazakhstan’s Baikonur space launch complex following talks between Russian President Vladimir Putin and Kazakh President Nursultan Nazarbayev in St. Petersburg on December 26, TASS news agency reported.

Continue reading