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BISHKEK (TCA) — All said, nothing done. Yes – the Aral Sea must be restored; no – not at our expense. This was roughly the goodbye message Kyrgyzstan gave to one of the (many) paper tigers bearing the banner of Aral preservation before slamming the door. Continue reading
ASTANA (TCA) — A ground-breaking ceremony was held for construction of a solar power plant in the village of Kabanbai Batyr in the Akmola province, some 30 kilometers from Kazakhstan’s capital city, Astana, Novosti-Kazakhstan news agency reported. Continue reading
ASTANA (TCA) — Last year trade between Kazakhstan and Italy fell by 45 percent due to a decrease in Kazakh exports mainly caused by low oil prices, said Acting Chairman of the Chamber of Commerce of Kazakhstan Ruslan Sultanov, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported. Continue reading
ASTANA (TCA) — Kazakhstan faces new challenges due to the decline in commodity prices and the slowdown of key regional economies. The Kazakh authorities have taken steps to address these challenges, notably floating the tenge, which will help the economy adjust. Going forward, it will be important to modernize policy frameworks, create more efficient and transparent institutions, and deepen Kazakhstan’s into regional and global markets, Christine Lagarde, Managing Director of the International Monetary Fund (IMF), said in her statement on May 24 at the conclusion of her visit to Kazakhstan. Continue reading
ALMATY (TCA) — An official groundbreaking ceremony for a new lube blending plant of PJSC LUKOIL, the largest private oil company in Russia, was held in Kazakhstan last week. Continue reading
ASTANA (TCA) — Security forces in Kazakhstan detained hundreds of journalists, activists, and demonstrators on May 21 in various Kazakh cities amid a call by the opposition for nationwide demonstrations against changes to the country’s Land Code, RFE/RL's Kazakh Service reported. Continue reading