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LONDON (TCA) — The dream of operating a railways system from China to Europe via Kyrgyzstan and Uzbekistan seems to have taken a detour since the present situation shows that with the exception of Kazakhstan, the other Central-Asian post-Soviet republics find themselves on the losing end of China’s rail expansion scheme – due to various “realities”. Continue reading
ALMATY (TCA) — Today in Central Asia several banks bearing fancy names and based in fancy offices have multiplied in places like minor-size former Soviet republics with no economic achievement to speak of — all over among local banks from Dushanbe to Baku in the former USSR’s “soft belly” stretching from the Pamir to the Caucasus. In this regard, only Kyrgyzstan and Uzbekistan have kept aloof from cash trouble up till now. Continue reading
ASTANA (TCA) — A joint communique was signed on March 31 in Astana at the meeting of the Consultative Council of the Kazakh-Hungarian Investment Fund of direct investments, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — The Asian Development Bank (ADB) and Kazakhstan’s Tsesnabank on March 31 signed an agreement under which the Trade Finance Program (TFP) will provide guarantees in support of Tsesnabank’s trade finance operations, the ADB Country Office in Kazakhstan said. Continue reading
ASTANA (TCA) — Kazakhstan will drastically reform the approach to attracting investments, the country’s Minister of National Economy Erbolat Dossaev said at a press conference with members of the National Commission for modernization and implementation of the Nation’s Plan "100 concrete steps" on March 30, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — Kazakhstan President Nursultan Nazarbayev met with European Commission President Jean-Claude Juncker in Brussels on March 30. The meeting focused on ratification of the EU-Kazakhstan Enhanced Partnership and Cooperation Agreement signed in December 2015 and sanctions against Russia that affect Kazakhstan, RFE/RL reported. Continue reading
