TCA
BISHKEK (TCA) — Kyrgyzstan’s Dastan agricultural company, with the support from the Single-Window Center in Foreign Trade under the Economy Ministry of Kyrgyzstan, in June concluded a contract with large Russian wholesale company Agrostar for the delivery of Kyrgyz fruit and vegetables to Russia.
TCA
BISHKEK (TCA) — Continued soft commodity prices and the recession in Russia have further dampened the growth outlook for Central Asia, with the earlier 2016 forecast of 2.1% trimmed to 1.7%, and 2017 cut to 2.7% from 2.8%. The slump in revenues from hydrocarbon exports are affecting fiscal consolidation efforts in Azerbaijan, Kazakhstan, Turkmenistan and Uzbekistan, while lower remittances, particularly from Russia, continue to hurt domestic consumption in the Central Asia region, says a new Asian Development Bank (ADB) report.
TCA
DUSHANBE (TCA) — The European Bank for Reconstruction and Development (EBRD) is providing a local currency loan of up to US $2 million equivalent to the Tajik microfinance institution Arvand for on-lending for local micro and small enterprises (MSMEs). This loan is a part of a larger financing package approved for Arvand which also includes an agricultural component, the EBRD said.
TCA
ALMATY (TCA) — Kazakh authorities say they believe they have captured the lone gunman in multiple attacks that President Nursultan Nazarbayev described as a “terrorist act,” which targeted police and left seven people dead and eight others injured in Kazakhstan’s largest city, Almaty, on July 18, RFE/RL’s Kazakh Service reported.
TCA
ALMATY (TCA) — A “red” alert has been issued for Kazakhstan’s commercial capital, Almaty, after gunmen attacked a police station on July 18, killing at least three officers and wounding several others, RFE/RL’s Kazakh Service reports.
LONDON (TCA) — Has the failed coup attempt in Turkey been a warning sign that its controversial head of state should behave? Or has it been an attempt by hardliners dissatisfied that he was starting to show signs of behaviour? What it has demonstrated is that a nation suffering from severe personality splits remains unpredictable and its future course, either with or without Erdoğan, unclear. For Central Asia’s regimes, it means that they have to remain on the alert on all levels while keeping their heads cool.
