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LONDON (TCA) — Study material publicised over summer last year by the World Travel & Tourism Council on the development of Central Asia’s tourism sector shows disappointing figures in terms of the contribution from the sector to the region’s overall economic development. Opening up the area for larger numbers of tourists would make transportation and accommodation cheaper, and the destination, which has many interesting things to offer, more competitive. Continue reading
TASHKENT (TCA) — The gross domestic product (GDP) of Uzbekistan is expected to grow by 7.5 percent in 2016, according to the World Bank’s Global Economic Prospects published on January 6, the Jahon information agency reported. Continue reading
TASHKENT (TCA) — Azerbaijan’s state energy company SOCAR and Uzbekistan’s national oil and gas company Uzbekneftegaz plan to establish a joint venture to introduce energy-saving technologies to the Uzbek oil and gas industry during the first six months of 2016, AzerNews reported. Continue reading
BISHKEK (TCA) — Here below is an analysis by Stratfor’s analyst Eugene Chausovsky that explores the past, present and future of the confrontation between Russia and the West on the Eurasian landmass. This article is focused on Central Asia. Continue reading
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
TASHKENT (TCA) — Starting from 1 January 2016, foreign managers of Uzbekistan’s joint stock companies have been exempted from the income tax for private individuals, Novosti Uzbekistana news portal reported. Continue reading
