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World Bank and AIIB sign first co-financing framework agreement

BISHKEK (TCA) — World Bank Group President Jim Yong Kim and Asian Infrastructure Investment Bank President Jin Liqun on April 13 signed the first co-financing framework agreement between the two institutions. Continue reading

India to invest $20 billion in development of Iran’s Chabahar port

TEHRAN (TCA) — India says it is ready to invest $20 billion in the development of Iran’s southeastern Chabahar port in a move that would enable New Delhi to establish a strategic connectivity to Afghanistan and Central Asia, Iran’s PressTV news agency reported on April 10. Continue reading

ISIS acting quietly to expand presence in Afghanistan — Russian envoy

KABUL (TCA) — The loyalists of the Islamic State of Iraq and Syria (ISIS) are acting quietly in Afghanistan as the terrorist group plans to use the country for wider expansion, Khaama Press Afghan News Agency reported last week citing Zamir Kabulov, the Russian presidential envoy for Afghanistan. Continue reading

Stratfor’s Global Intelligence: Week of April 11, 2016

BISHKEK (TCA) — The Times of Central Asia presents to its readers Stratfor’s Global Intelligence, a weekly review of the most important events that happened in the world — from Europe to Middle East to Russia to Central Asia to Afghanistan to China and the Americas. Continue reading

Kyrgyzstan’s border trouble between crime and economics

OSH, Kyrgyzstan (TCA) — In the southwest of Kyrgyzstan, with its important Uzbek minority and arguable borders there is a potential cause for confrontation with Uzbekistan and Tajikistan. At stake are precious irrigation water and mineral resources. Continue reading

Central Asia countries and US to foster international trade, investment

BISHKEK (TCA) — The business forum "Kyrgyzstan the country of new opportunities" was held in Bishkek on April 6 as part of the 10th meeting of the Council of the Central Asia Trade and Investment Framework Agreement (TIFA). The forum gathered government officials and business people from the TIFA member countries. Continue reading