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Stratfor: Russia re-evaluates security ties in Central Asia

BISHKEK (TCA) — Here below is an article originally published by Stratfor, which analyzes Russia’s re-evaluation of its military and security positions across the former Soviet periphery, including Central Asia. Continue reading

Kyrgyzstan developing women entrepreneurship

BISHKEK (TCA) — Women entrepreneurs significantly contribute to the development of Kyrgyzstan. According to the National Statistical Committee, women make up 41% of the total employed population of the country and 31.3% of entrepreneurs engaged in small and medium-sized businesses. Continue reading

Organized crime in Kazakhstan and Kyrgyzstan

LONDON (TCA) — When in late summer 2014 Kyrgyzstan’s then Interior Minister Abdulla Suranchiyev revealed names of local people’s representatives accusing them of “ties with organised crime,” a shockwave went through the country and beyond. Crime in Central Asia is a long ignored fact that is a deadly danger for the society. Of course, everyone knew about the organized crime groups and their ringleaders dubbed “avtoritety,” an equivalent for the western “godfathers,” but hardly anyone so far had realised that their power over the economy and indeed society itself had become so dangerously strong, exceeding that of the much-feared terrorism made in Afghanistan and the Near East. Continue reading

Russian-Kyrgyz Development Fund softens lending terms

BISHKEK (TCA) — The fourth meeting of the Russian-Kyrgyz Development Fund (RKDF) Council held in Moscow last month decided to soften the Fund’s lending terms. The decision is extremely important for further development of Kyrgyzstan's economy during the next decade, RKDF Board Chairperson Nursulu Akhmetova said this week in Bishkek. Continue reading

Kyrgyzstan holds tender for country’s largest coal deposit

BISHKEK (TCA) — The government of Kyrgyzstan on March 1 announced a tender for the use and development of brown-coal deposits Kara-Keche and Min-Kush (Ak-Ulak area), the Kyrgyz Economy Ministry said.    Continue reading

EDB and ADB to invest $3b in Armenia, Kazakhstan, Kyrgyzstan, Tajikistan

BISHKEK (TCA) — The Eurasian Development Bank (EDB) and the Asian Development Bank (ADB) have signed a framework co-financing agreement, setting forth the main areas and mechanisms of cooperation in the EDB and ADB member states. The document states that the banks will invest in projects in Armenia, Kazakhstan, Kyrgyzstan, and Tajikistan. EDB will provide US $1 billion and the ADB US $2 billion until 2021, EDB’s press service said on March 2. Continue reading