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LONDON (TCA) — It is almost two years now that Belarus, Kazakhstan, and Russia proceeded with the formation of the Russian-led Eurasian Economic Union (EEU), a step forward from their Customs Union. Armenia and Kyrgyzstan afterwards joined the Union, and as things stand today the EEU is consolidating and trying to transform the principles that hold it together from just good will into a well-regulated system. Continue reading
BISHKEK (TCA) — The President of the European Bank for Reconstruction and Development (EBRD), Sir Suma Chakrabarti, is visiting three Caspian states next week. Continue reading
TASHKENT (TCA) — Investors from South Korea in 2016 and 2017 will acquire 15-percent stakes in two large joint-stock commercial banks in Uzbekistan — Uzpromstroibank and Asaka Bank, Novosti Uzbekistana news agency reported. Continue reading
ASTANA (TCA) — Banks in Kazakhstan will get 200 billion tenge (more than $610 million) from the Common Saving Pension Fund to on-lend the money to domestic businesses, Novosti-Kazakhstan news agency reported with reference to the country’s National Bank. Continue reading
ASTANA (TCA) — Public procurement specialists from across Europe and Central Asia gathered in the Kazakh capital Astana on May 17 to share experiences and best practices in public procurement reforms. They discussed and promoted cross regional cooperation in public procurement and good governance at the 12th Procurement, Integrity, Management and Openness (PRIMO) Forum, the World Bank reported. Continue reading
DUSHANBE (TCA) — The European Bank for Reconstruction and Development (EBRD) is partnering with the government of Tajikistan to finance further improvements in solid waste management in Khujand, the main city in the country’s north. Continue reading
