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Kazakhstan president outlines plan to make ‘Kazakh dream’ come true

ASTANA (TCA) — On 1 January 2016 Kazakhstan started practical implementation of the National Plan “100 concrete steps for implementation of five institutional reforms”. It is aimed at fulfilling the Kazakh dream of becoming one of the world’s 30 leading nations in the 21st century, Kazakhstan President Nursultan Nazarbayev wrote in his article “The nation’s plan — the way to the Kazakh dream”, published on January 6.    Continue reading

Uzbekistan to set up new JV for geological exploration

TASHKENT (TCA) — Uzbekistan’s state oil and gas company Uzbekneftegaz will set up a joint venture on a parity basis with a foreign investor for geological exploration of investment blocks Sechankul, Akdjar, and Chimbai, as well as for development of Urga, Akchalak, and Chandyr deposits, the company’s press service said.      Continue reading

President promises economic breakthrough for Uzbekistan

TASHKENT (TCA) — In 2016 the economy of Uzbekistan will receive an equivalent of US $17.3 billion of capital investment, 23.5 percent of which will be foreign investments, Uzbek President Islam Karimov said in his New Year address to the nation. Continue reading

Central Asia outlook for 2016: a geopolitical stalemate

BISHKEK (TCA) — Politically and economically, Central Asia will largely depend on Russia’s and China’s recovery and any prediction for 2016 can make sense only with consideration of the political and economic capabilities of these two countries. Continue reading

Tajikistan president visits Saudi Arabia

DUSHANBE (TCA) — Tajikistan President Emomali Rakhmon met with the King of Saudi Arabia Salman bin Abdulaziz Al Saud in Riyadh City on January 3. Continue reading

Domestic drugs account for 20% of Kazakhstan’s pharmaceutical market

ASTANA (TCA) — Domestically produced drugs account for 20 percent of the pharmaceutical market of Kazakhstan, the official website of the Prime Minister of Kazakhstan reported citing Deputy Chairman of LLP SK-Pharmacy Maxim Kasatkin. Continue reading