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Belt and Road Initiative to cut trade costs, enhance investment in Central Asia, Caucasus

BISHKEK (TCA) — China’s massive Belt and Road Initiative (BRI) plans to build roads, railways, seaports and other trade infrastructure in dozens of countries in the Eurasian continent. The BRI aims to connect Asia to Europe, and the initiative has steadily expanded economic corridors and projects as far as Africa, the World Bank reported on its website. Continue reading

EBRD to step up cooperation with China, EU on Central Asia investment

BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) plans to step up its cooperation with China and the European Union (EU) in order to deliver increased levels of high-quality investment in Central Asia and beyond. The EBRD made this commitment during a meeting attended by EBRD President Suma Chakrabarti, the European Commissioner for International Cooperation and Development, Neven Mimica, and the Deputy Governor of the People’s Bank of China (PBoC), Chen Yulu, at the EBRD-PBoC Central Asia Investment Forum held in Beijing on November 14. Continue reading

EBRD forum in Beijing to promote investment in Central Asia

BISHKEK (TCA) — Highlighting the vast investment opportunities in Central Asia will be one of the main goals of the Central Asia Investment Forum (CAIF) to take place in Beijing on November 14, the European Bank for Reconstruction and Development (EBRD) said. Continue reading

Towards a Central Asia and Caucasus trade bloc for Belt and Road

BISHKEK (TCA) — The ongoing trade war between the U.S. and China could create a huge opportunity for Central Asia countries which could increase trade and economic cooperation with Beijing. We are republishing this article on the issue, written by Tristan Kenderdine: Continue reading

New Silk Road offers significant investment opportunities in Kazakhstan

ASTANA (TCA) — The third New Silk Road Forum focused on the potential to create new infrastructure, energy and trade links through the Belt & Road Initiative (BRI) was organized in Zurich, Switzerland last week in partnership with the Swiss-Chinese Chamber of Commerce, Kazakh Invest National Company for Investment Support and Promotion reported on its website. Continue reading

China and Russia to strengthen the synergy of Belt and Road Initiative and Eurasian Economic Union

BISHKEK (TCA) — China and Russia should strengthen the synergy of Beijing-proposed Belt and Road Initiative and the Eurasian Economic Union (EEU), Chinese President Xi Jinping said during his talks with Russian President Vladimir Putin at the fourth Eastern Economic Forum (EEF) in the Russian port city of Vladivostok on September 11, China’s Xinhua news agency reported. Continue reading