BISHKEK (TCA) — Three leading stone processing companies from the Kyrgyz Republic attended one of the largest industry events dedicated to stone, marble and ceramics – Middle East Stone 2016 in Dubai, United Arab Emirates, USAID said on June 15. More than 230 companies showcased their products and 12,000 visitors attended for live demonstrations and networking opportunities. The United States through USAID sponsored the participation of the three Kyrgyz companies to promote exports of Kyrgyz construction materials.

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BISHKEK (TCA) — A cooperation agreement has been reached between the European Bank for Reconstruction and Development (EBRD) and the Silk Road Fund, established to implement China’s Belt and Road initiative, inspired by the ancient Silk Road connecting China and Europe, the EBRD press office said.

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ASTANA (TCA) — Ten representatives from Kazakhstan will attend the Global Entrepreneurship Summit (GES), which will take place from June 22-24 in Palo Alto, California, the U.S. Diplomatic Mission to Kazakhstan said. One of the participants will be Magzhan Madiyev, famous for founding the naimi.kz project; Madiyev was a participant in the Open World 2015 program and was also one of the trainers at TechForum Central Asia 2016 held in Astana. Another participant is Kurmanagaliyeva Aizhan, an alumna of the Ugrad 2004 program; Aizhan is currently director of the “Best Education” private school in Oskemen. They will be joining more than 700 entrepreneurs from around the world along with investors, speakers, and leaders in the entrepreneurship space.

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TASHKENT (TCA) — The World Bank’s Board of Executive Directors on June 14 discussed a new Country Partnership Framework for Uzbekistan for 2016-2020. The new strategy is aligned with the country’s own goal of achieving upper middle-income status by 2030 by increasing the economy’s competitiveness, improving the business environment, and developing its infrastructure to support rapid job creation, the World Bank said.

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DUSHANBE (TCA) — Construction of a large metallurgical plant to produce zinc and lead has begun in the city of Istiklol in the Sughd province in northern Tajikistan. It will be the first production facility of a new Tajik-Chinese industrial zone in the city, Avesta news agency reported.

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ASTANA (TCA) — At the meeting of the Government of Kazakhstan on June 14, Prime Minister Karim Massimov said the President of Kazakhstan had approved some adjustments to the country’s current economic policy, the official website of the Prime Minister of Kazakhstan reported.

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