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BISHKEK (TCA) — The three hydrocarbons-rich Caspian Sea states of Azerbaijan, Kazakhstan and Turkmenistan offer an increasingly attractive proposition to companies affected by the slowdown in oil and gas projects activity in the Gulf Cooperation Council (GCC) region, according to new data released by MEED Projects on May 20. Continue reading
KABUL (TCA) — Entrepreneurs in Afghanistan can obtain a permit for setting up a business with relative ease, but they face considerable hurdles in other areas which are important for a firm to start up and operate, says the World Bank Group’s Subnational Doing Business in Afghanistan 2017 report, released this week. Continue reading
DUSHANBE (TCA) — The World Bank has launched a consultation process with key stakeholders in Tajikistan on the Country Partnership Framework for 2019-2022. In this context, the World Bank’s Regional Director for Central Asia, Lilia Burunciuc, and the newly appointed World Bank Country Manager for Tajikistan, Jan-Peter Olters, on May 17 met with the President of Tajikistan, Emomali Rahmon, to discuss medium-term development opportunities, constraints, and priorities for the country, the World Bank said. Continue reading
DUSHANBE (TCA) — Tajikistan's Foreign Minister Sirojidin Aslov has defended his country's huge Rogun hydroelectric power plant project, which has been questioned by neighboring Uzbekistan for years, RFE/RL reported. Continue reading
TASHKENT (TCA) — Sodiq Safoyev, First Deputy Speaker of the Senate of Parliament of Uzbekistan and European Bank for Reconstruction and Development (EBRD) Governor for Uzbekistan, spoke about the country’s strategic reform program at the EBRD 2017 Annual Meeting in Cyprus. He stressed the importance of regional integration and highlighted Uzbekistan’s potential for growth, the EBRD Press Office reported on May 10. Continue reading
DUSHANBE (TCA) — On May 10, Tajikistan President Emomali Rahmon visited Rogun city to inspect construction works at the Rogun hydropower plant (HPP) on the Vakhsh River, the president’s press service said. Once completed, the Rogun HPP dam would be the world's tallest and should give Tajikistan a stable power supply. Continue reading