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Regional economic integration is key to development success in Central Asia, Caucasus

BISHKEK (TCA) — As the countries of Central Asia and the Caucasus celebrate the 25th anniversary of their independence, structural reform has become critical. The key to meeting many of the challenges, and seizing the opportunities of the changing global environment is closer regional economic integration with the rest of Asia and the Pacific. Continue reading

S. Korea company to produce gas cylinders for motor vehicles in Uzbekistan

TASHKENT (TCA) — South Korea company Young Shin Tech plans to organize production of gas cylinders for motor vehicles in Uzbekistan, Novosti Uzbekistana news agency reported.   Continue reading

Kyrgyzstan introduces compulsory real estate and vehicles insurance

BISHKEK (TCA) — As Kyrgyzstan faces state budget deficit the Government is trying to raise budget revenues at the expense of the citizens. In February 2016, compulsory insurance of residential real estate and motor transport will be introduced in Kyrgyzstan. Continue reading

Kyrgyzstan chooses route for railway to China

BISHKEK (TCA) — After the China-Kyrgyzstan-Uzbekistan railway is constructed, Kyrgyzstan will have access to sea and become a transit country, Prime Minister of Kyrgyzstan Temir Sariyev said on Kyrgyz national radio this week. Currently, the railway track gauge is being discussed with the Chinese side, he added. Continue reading

China to finance reconstruction of part of strategic road in Tajikistan

DUSHANBE (TCA) — Chinese investments will be used to reconstruct the Kalai Khumb – Rushon motor road section in Tajikistan, Avesta news agency reported with reference to Tajikistan’s Transport Ministry. Continue reading

Kazakhstan approves list of state companies offered for privatization

ASTANA (TCA) — The government of Kazakhstan has approved a list of state companies to be offered for privatization, Novosti-Kazakhstan news agency reported with reference to the country’s Ministry of National Economy. Continue reading