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BISHKEK (TCA) — The Government of Kyrgyzstan has finally found funds to continue the reconstruction of the Balykchy—Tamchy—Cholpon-Ata—Korumdu section of the planned Ring Road around Lake Issyk-Kul. There is no information on sources of funding. Continue reading
MINSK, Belarus (TCA) — Turkmenistan views Belarus as a promising partner in a large-scale transit project, Turkmenistan President Gurbanguly Berdymukhammedov told reporters after his talks with Belarus President Alexander Lukashenko in Minsk on May 11, BelTA information agency reported. Continue reading
ASTANA (TCA) — The European Bank for Reconstruction and Development (EBRD) is supporting better regional integration — one of its core strategic priorities — by strengthening trade and transportation along the ancient Silk Road trade routes. Continue reading
LONDON (TCA) — With the recent removal of the sanctions on Iran, Europe and the former Soviet republics have jumped on the platform to announce “breakthrough” deals on the occasion. Today most of those “new” deals are in fact a lot older, and it will take several years before a concrete benefit will be achieved both for Central Asia and Iran. Today Iran needs every bit of cash to cope with its huge socioeconomic problems while Central Asia access to the sea and alternative export routes has always been of high priority. Continue reading
TEHRAN (TCA) — India says it is ready to invest $20 billion in the development of Iran’s southeastern Chabahar port in a move that would enable New Delhi to establish a strategic connectivity to Afghanistan and Central Asia, Iran’s PressTV news agency reported on April 10. 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
