Viewing results 1 - 6 of 65
ASHGABAT (TCA) — Top Chinese legislator Li Zhanshu on October 16 called on China and Turkmenistan to strengthen the synergy of their development strategies for mutually beneficial cooperation, China’s Xinhua news agency reported. Continue reading
NUR-SULTAN (TCA) — Kazakhstan is set to play a pivotal role in promoting transcontinental trade as a member of the Russia-led Eurasian Economic Union and a reliable partner of China’s Belt and Road Initiative (BRI), Kazakh President Kassym-Jomart Tokayev said at the General Debate of the 74th UN General Assembly in New York on September 24, China’s Xinhua news agency reported. Close and constructive political dialogue among all five Central Asian countries will be instrumental for trade, economic, investment and people-to-people interaction, Tokayev said, voicing his conviction that Central Asia "is becoming a global stakeholder". On the same day, speaking at the Fourth Meeting of Speakers of Eurasian Countries' Parliaments held in the Kazakh capital, Nur-Sultan, First President of Kazakhstan Nursultan Nazarbayev said that his country supports the China-proposed Belt and Road Initiative (BRI) as it is beneficial to the country's development. He said the number of containers transported from the Pacific Ocean to Europe through Kazakhstan and Russia are increasing every year, which means that "Kazakhstan has become a transit country effectively connecting Asia and Europe, the Northern and Southern parts of Eurasia." Proposed by China in 2013 to promote trans-continental connectivity for common growth, the BRI involves infrastructure development, trade and investment facilitation and people-to-people exchanges. Kazakhstan has built and renovated 15,000 km of roads and railways in a very short period of time, which helps the land-locked nation connect to the Pacific and Atlantic oceans and the Gulf, the first president said.
NUR-SULTAN (TCA) — President of Kazakhstan Kassym-Jomart Tokayev held talks with Chinese President Xi Jinping in Beijing on September 11, as he is paying a state visit to China from September 10 to 12. “Today we will sign a Joint statement confirming that Kazakhstan and China will develop a long-term, strategic, comprehensive partnership. This agreement, reached at the highest level, is a solid legal and political basis for our further cooperation,” the President of Kazakhstan stressed as reported by his official website. In his welcoming words, Chinese President Xi Jinping stressed that Kazakhstan is a major country in Central Asia and has a great influence in Central Eurasia. “Under the leadership of the First President of Kazakhstan Nursultan Nazarbayev, your country has achieved impressive success, created a model of development with national specifics. When you became President, you proclaimed the three principles of your policy — continuity, justice and progress. Your goals are to develop the economy, create jobs, combat corruption, and increase the level of social protection. All these meet the aspirations of the people of Kazakhstan. All your undertakings are aimed at it. I wish the friendly people of Kazakhstan well-being and prosperity,” the Chinese leader said. Xi said that China is willing to deepen all-round cooperation with Kazakhstan, seek synergy between the Silk Road Economic Belt and Kazakhstan's Bright Path new economic policy, and strengthen connectivity, Xinhua news agency reported. He also called on the two sides to boost cooperation in industrial capacity and science and technology innovation, increase people-to-people and cultural contacts, and facilitate exchanges at sub-national level. Tokayev said that Kazakhstan is looking forward to cementing high-level exchanges with China, and strengthening pragmatic cooperation in the areas of economy, trade, infrastructure, energy, 5G, science and technology, and people-to-people and cultural exchanges under the framework of the Belt and Road initiative. Following the talks, Tokayev and Xi, among other documents, signed the Memorandum of Understanding between the Government of Kazakhstan and the Government of China on the implementation of the cooperation Plan for the connectivity of Kazakhstan’s Nurly Zhol (Bright Path) New Economic Policy and the construction of China’s Silk Road Economic Belt.
BISHKEK (TCA) — Plans to integrate the Russia-backed Eurasian Economic Union (EEU) — which includes Kazakhstan and Kyrgyzstan — and China’s Belt and Road Initiative (BRI) may face obstacles as countries participating in both projects have somewhat different goals and interests. We are republishing the following article on the issue, written by Vladislav Inozemtsev: Continue reading
NUR-SULTAN (TCA) — The Astana International Financial Center (AIFC), Kazakhstan's regional financial services hub, says it is keen to attract Chinese investment in the Belt and Road Initiative projects and medium-sized enterprises in central Eurasia countries, China’s Xinhua news agency reported. Continue reading
BISHKEK (TCA) — China’s Belt and Road Initiative (BRI) could speed up economic development and reduce poverty for dozens of developing countries, including in Central Asia — but it must be accompanied by deep policy reforms that increase transparency, improve debt sustainability, and mitigate environmental, social, and corruption risks, a new World Bank Group study on the BRI transportation corridors has found. Continue reading
