Kazakhstan ratifies EEU free trade agreement with Vietnam
ASTANA (TCA) — On February 11 the Senate of Kazakhstan’s Parliament ratified the free trade agreement between the Eurasian Economic Union member states and Vietnam. Continue reading
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Falling remittances push housing and car prices down in Tajikistan
DUSHANBE (TCA) — The demand for real estate, especially for housing, and motor vehicles has been declining in Tajikistan, Avesta news agency reported. Continue reading
IMF ready to assist Tajikistan’s economic and reform program
DUSHANBE (TCA) — An International Monetary Fund (IMF) staff mission, led by Mr. Paul Ross, visited Tajikistan from February 1 to 10 to discuss the country’s macroeconomic policies and the structural reform agenda. Continue reading
Kyrgyzstan’s industrial policy and the need to change strategy
BISHKEK (TCA) — Official statistics and overall public opinion tell that foreign direct investment in Kyrgyzstan is declining and there is no investment at all in small and medium enterprises (SME). Kyrgyzstan has to react and the Government should understand that due to different factors such as international crisis, currency problems, cashless Russia, and Eurasian Economic Union membership, the country needs a new industrial approach with income from the China trade being replaced with local production and processing. Continue reading
Kazakhstan’s exports decreasing but still exceed imports
ALMATY (TCA) — The deficit of the balance of payments of Kazakhstan for 2015 is preliminarily estimated at US $5.3 billion compared to a surplus of $6 billion in 2014. The reason is the country’s decreasing exports, Novosti-Kazakhstan news agency reported with reference to the country’s National Bank. Continue reading
Kazakhstan can increase exports to Vietnam
ASTANA (TCA) — Kazakhstan can increase exports to Vietnam, Deputy Minister of National Economy of Kazakhstan Timur Zhaksylykov said on February 8, the official website of the Prime Minister of Kazakhstan reported. Continue reading
