Page 890 – The Times Of Central Asia

22 Jan 2024

Central Asia, Kazakhstan, Business & Economy, Kazakhstan Business & Economy

Italian Agricultural Holding Enters Kazakhstan Market

June 28, 2024
By Times of Central Asia

The Italian holding Bonifiche Ferraresi, which produces and markets agricultural products, has signed a memorandum of cooperation with Kazakhstan’s Agrofirm TNK. This was the result of negotiations between the Kazakh minister for agriculture, Aidarbek Saparov, and the management of Bonifiche Ferraresi in Rome last week, the Kazakh Ministry of Agriculture reported.

Agrofirm TNK produces agricultural products on 400,000 hectares of land in the Akmola region, northern Kazakhstan.

At the first stage of their partnership, the Italian and Kazakh companies intend to exchange experience regarding technology, seeds, and employee training. At the next stage they plan to develop processing, including pasta production.

Forty enterprises currently produce pasta in Kazakhstan, the largest of which use durum wheat flour as a raw material, which has a high content of protein and iron. Traditional Italian pasta is made from this type of flour.

“Kazakhstan has every opportunity to increase pasta production and exports, since it has its own raw material base. In 2022, Kazakhstan produced 15.6 million tons of soft wheat and 833 thousand tons of durum wheat, of which about 400,000 tons were exported to Italy, which is enough to increase the volume of pasta production, including in order to expand exports,” Mr Saparov said during the negotiations.

The minister also told the Italian partners about the favorable investment climate in Kazakhstan, pointing out that investors can directly enter into an investment agreement with the Kazakh government to implement large investment projects, and receive certain benefits and preferences.

22 Jan 2024

Central Asia, Justice, Kazakhstan Local Politics, Kazakhstan Justice, Local Politics, Kazakhstan

Senator Zhanna Asanova: the bill against domestic violence is ready to be submitted to the Mazhilis

September 25, 2024
By Times of Central Asia

According to the prominent Kazakh senator Zhanna Asanova, in 2023 domestic violence claimed the lives of 69 women and children, and more than 99,000 people sought help for this reason. A total of 2,452 crimes against children were registered.

In a post on Facebook, Ms Asanova announced that a bill aimed at countering domestic violence is ready to be submitted to Kazakhstan’s parliament, the Mazhilis. She stressed that a number of experts on women’s and children’s rights were involved in creating the bill.

Senator Asanova also emphasized that state agencies, in partnership with Kazakhstan’s children’s ombudsman Dinara Zakiyeva, are working to increase the number of guardianship officers to 1,650 people. Currently there are only 309 of them in the country.

Ms Asanova wrote: “As the president noted, any legislative changes will not be effective unless there is complete rejection, ‘zero tolerance’ in society, for any form of aggression and violence.”

The bill includes the following measures:

1. Criminalization of violence, which implies the establishment of criminal liability for battery and causing minor harm to health (currently these crimes are regulated by the Code of Administrative Offences of the Republic of Kazakhstan).

2. Classifying these crimes as criminal offenses requiring public prosecution in order to increase the effectiveness of law enforcement.

3. Toughening the punishment for these crimes and excluding the possibility of reconciliation of the parties to all forms of violence against children, in order to ensure the protection of the rights and interests of children.

4. Creation of infrastructure for assistance to families and children, including the opening of Family Support Centers and Centers for Psychological Support of Children, to provide comprehensive assistance to victims.

5. Introduction of special requirements in the Criminal Code, including psychological work with the aggressor, in order to prevent repeated cases of violence and to rehabilitate perpetrators of such crimes.

22 Jan 2024

Uzbekistan Environment, Central Asia, Uzbekistan, Life & Culture, Uzbekistan Life & Culture

Uzbekistan’s senators amend legislation to improve environmental safety

June 28, 2024
By Times of Central Asia

During a meeting on January 20th, the Senate of the Oliy Majlis introduced amendments to legislation aimed at improving environmental safety.

The amendments are aimed at reducing the negative impact on the environment. They will also contribute to increasing the responsibility of state bodies. The amendments establish clear mechanisms and procedures for responding to threats to the life and health of the population.

According to the senators, the increase in construction, production and urbanization leads to increased emissions of pollutants into the environment. Urbanization is often accompanied by the expansion of production capacity, construction of factories, enterprises and infrastructure, which leads to an increase in emissions of harmful substances into the atmosphere. In Uzbekistan this takes place due to the active development of industry, construction of new infrastructure facilities, increase in motor traffic, and poor quality of waste treatment systems.

In accordance with the proposed amendments, the legislation now provides for the possibility of limiting and temporarily suspending the operation of facilities that have a negative impact on the environment for a period of up to 10 working days, in order to prevent possible emergencies, epidemics and other threats to people’s health.

According to the senators, these changes contribute to improving the environmental situation and protecting enterprises, as well as fighting corruption and increasing the responsibility of government agencies.

However, Senate chairwoman Tanzila Narbayeva expressed doubts and noted that environmental laws should not contain ambiguous norms that can be interpreted and applied differently.

“In practice, such a situation can cause various problems, misunderstandings, discontent and, worst of all, cases of corruption. From this point of view, these amendments are very important. Because the level of industrialization in our country is growing every year. Under such conditions, the scale of environmental impact will increase. Especially today, in our big cities, such as Tashkent, such clear legal norms are very important for prevention of exceeding the level of air pollution.”

Due to this, additional changes are possible in the future, which will more precisely justify the laws “On Nature Protection”, “On Atmospheric Air Protection” and “On Environmental Control”.

22 Jan 2024

Central Asia, Uzbekistan, Uzbekistan Justice

Uzbekistan Ratifies Agreement on Transfer of Prisoners with Iran

June 27, 2024
By Times of Central Asia

The forty-ninth plenary session of the Senate of Oliy Majlis of the Republic of Uzbekistan took place in Tashkent on January 20th. Tanzila Norboeva, the head of the Senate presided over the plenary meeting, which was conducted via video conference, wherein discussions were held regarding a bill entitled, On the ratification of the Agreement on the transfer of prisoners between the Republic of Uzbekistan and the Islamic Republic of Iran (Tehran, June 18, 2023).

The agreement’s ratification gives Iranian and Uzbek citizens who have been detained in each other’s territories a legal foundation on which to serve out their sentences in their home nation, thus allowing for regular visits with close relatives and easing the transition to civilian life. The agreement also opens up the possibility of bilateral cooperation in the area of the transfer of convicts.

22 Jan 2024

Central Asia, Kazakhstan, Kazakhstan Business & Economy

Air Astana Preparing for IPO

June 27, 2024
By Times of Central Asia

Air Astana has officially confirmed its participation in the listing of securities on the London Stock Exchange, the IFCA Stock Exchange (AIX), and the Kazakhstan Stock Exchange (KASE). This was first announced at a briefing on January 19th, which was attended by Dastan Adikhodzhaev, the director of privatization and restructuring of assets of Samruk Kazyna JSC, and Peter Foster, the president of Air Astana JSC. Adikhodzhaev noted that this decision was taken to support the instructions of the President of Kazakhstan, and to maintain a comprehensive plan for privatization for 2021-2025.
“Privatization of part of state blocks, especially by bringing our largest companies to IPO, SPO is an important part. Tasks are being solved progressively, and in recent years we have made significant progress in this direction,” said Adikhodzhaev.
At the upcoming IPO it is planned to sell common shares in the national currency, as well as global depositary receipts in U.S. dollars. For the realization of the local offering, the company has attracted Halyk Finance JSC as joint bookrunner, Freedom Finance Global PLC as lead manager, as well as BCC Invest JSC, SkyBridge Invest JSC and Jusan Invest JSC as co-managers.
The IPO is scheduled to begin on January 29th.
“On behalf of the Company, I am pleased to officially confirm our intention to take Air Astana Group public,”President and CEO of Air Astana, Peter Foster commented. “As the largest airline group in Central Asia and the Caucasus, we believe that our industry status, market position and growth profile represent an attractive investment opportunity. This is an important milestone in our long-term strategy and we look forward to welcoming new Kazakhstani and international investors as shareholders of the group. The Company intends to raise an additional $120 million.”
According to the Skytrax World Airline Awards, Air Astana was the Best Airline in Central Asia and the CIS in 2023, the eleventh time the company has won this title. Air Astana also has a five-star rating in the category of the largest airlines by APEX (Airline Passenger Experience Association).

22 Jan 2024

Central Asia, Kazakhstan Environment, Life & Culture, International Affairs, Kazakhstan Life & Culture, Kazakhstan, Kazakhstan International Affairs

The Senate of Kazakhstan approves an agreement with France on fighting climate change

June 28, 2024
By Times of Central Asia

Kazakhstan has signed an agreement with France concerning issues related to climate change.

This agreement helps Kazakhstan to contribute to the fight against climate change, and provides for joint efforts to implement major projects in the field of renewable energy and sustainable development in the country.

One of the biggest initiatives envisaged under this agreement is the Mirny project. Its main goal is to create a hybrid power plant with a total capacity of 1 GW, which will operate using wind energy. This power plant is planned to be located in the Zhambyl region, close to the town of Mirny. This project will be vital in developing energy sources that do not harm the environment.