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BISHKEK (TCA) — Iran, Russia and Azerbaijan have vowed to work together to prepare the grounds for the construction of a North-South Transit Corridor (NSTC), which is expected to provide a faster trade connectivity between Europe and South East Asia and become a rival to the Suez Canal, Iran’s PressTV news agency reported. Continue reading
ALMATY (TCA) — The first train carrying liquefied natural gas (LNG) from Kazakhstan to China has arrived in the Chinese westernmost region of Xinjiang, Chinese media reported on July 31. Continue reading
TASHKENT (TCA) — While on a state visit in Uzbekistan on June 22, Chinese President Xi Jinping and Uzbek President Islam Karimov inaugurated the Qamchiq railway tunnel in Uzbekistan, saying it is a major achievement of China’s Belt and Road Initiative, Xinhua reported. Continue reading
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
ASTANA (TCA) — A forum aimed at attracting Chinese investors in the development of the Khorgos-Eastern Gates Free Economic Zone located on the Kazakh-Chinese border was held late last week in Nanjing, the main city of China’s Jiangsu province, said the press service of Kazakhstan’s national railway company Kazakhstan Temir Zholy (KTZ). Continue reading
ASTANA (TCA) — Kazakhstan's economy has been hurt by the economic slowdown in China and recession in Russia, Kazakh President Nursultan Nazarbayev said during his meeting with the heads of foreign diplomatic missions in Astana on March 2, RFE/RL reported. Continue reading