• KGS/USD = 0.01150 0%
  • KZT/USD = 0.00222 0%
  • TJS/USD = 0.09386 0.64%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00222 0%
  • TJS/USD = 0.09386 0.64%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00222 0%
  • TJS/USD = 0.09386 0.64%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00222 0%
  • TJS/USD = 0.09386 0.64%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00222 0%
  • TJS/USD = 0.09386 0.64%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00222 0%
  • TJS/USD = 0.09386 0.64%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00222 0%
  • TJS/USD = 0.09386 0.64%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01150 0%
  • KZT/USD = 0.00222 0%
  • TJS/USD = 0.09386 0.64%
  • UZS/USD = 0.00008 0%

Viewing results 1 - 6 of 33

Turkmenistan Hosts European Exhibition on Energy-Saving

An ambitious and multi-faceted  traveling exhibition “Transition to Renewable Energy Sources—Energy of the Future” has just opened at the Technology Center of the Academy of Sciences of Turkmenistan. As reported by “Turkmenistan: Golden Age”, the exhibition, curated by  the Embassy of the Federal Republic of Germany and the German Society for International Cooperation (GIZ), presents the various means and  measures developed by European countries to save energy. Divided into five sections, the exhibition provides a hands-on exploration of energy efficiency practices through interactive touch panels and  by immersing themselves in virtual reality, visitors can envisage the world in the future. The exhibition highlights the multilevel aspects, challenges, and potential of the global energy transition from society, politics, economics, and science perspectives, and during its tour, aims to encourage widespread dialogue and an exchange of knowledge and views on decarbonization and global energy transition. Regarding the tour,  project manager Yasmine Deren, stated, “This exhibition started three years ago and has already visited Europe, Asia, the Gulf States and in Central Asia, Tajikistan and Uzbekistan. We are happy that the exhibition is now being shown in Ashgabat,  Turkmenistan and afterwards, Kyrgyzstan and Kazakhstan." The exhibition will be displayed Monday - Saturday in Ashgabat until 25 June and thereafter, in Turkmenistan's city of Mary.

New Program Lets Kyrgyz Students Study For Diplomas in Germany

Kyrgyz students can now study at vocational schools in Germany, under a new project between the country's ministry of education and a German company, FAV Service gGmbH. As 24.kg reports, referencing the agency's press service, the partnership has been created to train Kyrgyz professionals to work in both countries. Applicants must be citizens of Kyrgyzstan between 18-26 years old, who speak German to at least a "B2" level. Project participants will be provided with a place to study in Germany. During three years of study, students will receive support from German partners in finding housing, help in setting up an account in a German bank, and will receive a stipend from 939 euros per month and medical insurance. After graduation, participants will receive a diploma that is recognized worldwide.

Russian Comments Put Kazakhstan’s Oil Transit to Germany Under Threat

Russia has warned Kazakhstan about the possible suspension of Kazakh crude oil transshipment to Germany through the Druzhba oil pipeline system. The stated reason is the debt of Polish pipeline operator PERN, according to a report by Reuters. Reuters, citing people familiar with the matter, claims that Russia's Transneft has warned its Kazakh partner KazTransOil about the suspension of oil deliveries to the Schwedt refinery. The reason for this demarche is the outstanding debts of Polish state pipeline operator PERN. If the Polish company doesn't pay for the services of oil acceptance and transfer at the Polish transit point Adamova Zastava on the border with Belarus by June, the transit will be stopped. The amount of the debt is unknown. PERN explained its version of the situation by citing western sanctions against Russia. Payment of money to the Russian side can lead to violations of the sanctions regime. According to comments made by the Kazakh Ministry of Energy, the Kazakh government itself looks at the possibility of transit suspension very negatively. KazTransOil said that the plan of deliveries to Germany remains unchanged, and that negotiations with all participants of the process are underway. Curiously, the Ministry of Energy denied the Reuters report, claiming that "the information does not correspond to reality." In early April it was reported that the Kazakh side intends to supply 1.2 million tons of oil to the Schwedt refinery by the end of the year. This would not be the first case involving a cessation of Kazakh oil transiting Russian territory. Earlier, there were repeated problems with the Caspian Pipeline Consortium (CPC) terminal in Novorossiysk, Russia, on the Black Sea. Some analysts believe that Russia uses oil transportation as an instrument to apply pressure to the Kazakh government.

Germany Increases Investment and Trade in Kazakhstan

In a report on the implementation of Kazakh-German projects at a meeting of the Investment Promotion Council on 24 April, Kazakh Invest stated that investment from Germany in Kazakhstan reached an all-time high of $770 million in 2023. To date, the pool of German initiatives planned for Kazakhstan includes 63 projects with a value of around $54.4 billion and the potential to create 14.7 thousand jobs. The 32 projects already in operation, have created some 6,000 permanent posts. Bilateral trade turnover between Kazakhstan and Germany is also very positive , having leapt by 24.7% in 2022 and 41.3% in 2023. Kazakhstan, as its key partner in Central Asia, currently ranks as one of Germany’s top 50 trading partners.

German Company to Manufacture Ultralight Aircraft in Kazakhstan

Germany’s Flight Design GmbH, a leading manufacturer of ultralight aircraft with over 25 years of experience, is set to produce ultralight CT series aircraft in Kazakhstan. The project was announced at the Flight Design and Kazakh Invest press conference at the 30th AERO Friedrichshafen General Aviation Exhibition in Friedrichshafen, Germany, on 19 April. According to Flight Design CEO Daniel Guenther, the aircraft will be produced with support from the Virage group of companies under a newly created joint venture, Flight Design Kazakhstan. Aircraft assembled in the free economic zone (FEZ) in Almaty, Kazakhstan, will be sold to both local and foreign markets.

German Company To Help Create Medical Cluster In Turkmen City Of Arkadag

On January 27th Gurbanguly Berdimuhamedov, the chairman of the Halk Maslahaty (People’s Council) of Turkmenistan, met with the managing director of the German consulting company Goetzpartners Emerging Markets GmbH, Vladimir Mathias. Goetzpartners won an international tender to consult on the creation of a medical cluster in the Turkmen city of Arkadag, the Turkmen Foreign Ministry has reported. Germany is one of Turkmenistan’s key European partners. Several German companies are involved in large-scale projects in the fields of transport, communications and logistics in the country. At the meeting Mr Mathias explained to Mr Berdimuhamedov that the planned medical cluster in Arkadag is designed to produce various types of medical products not only for the domestic market, but also for export.  The city of Arkadag was unveiled on June 29th, 2023. The “smart” city, designed to be home for 70,000 people and costing billions of dollars to construct, is located 30km south of the capital, Ashgabat.

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