BISHKEK (TCA) â€” The government of Kyrgyzstan is interested in attraction of investments from South Korea, Kyrgyzstanâ€™s First Deputy Prime Minister Taiyrbek Sarpashev said yesterday during his meeting with investors from South Korea.
ALMATY (TCA) â€” Kazakhstanâ€™s copper miner Kazakhmys has said it will start shipping concentrate from its Bozymchak copper and gold mine in Kyrgyzstan to the companyâ€™s Balkhash smelter in Kazakhstan in November this year.
31/10/2014 Russiaâ€™s Sberbank CIB organizes $400 million financing for modernization of Shymkent Oil Refinery in Kazakhstan
ASTANA (TCA) â€” Sberbank CIB together with its subsidiary bank in Kazakhstan has organized financing worth $400 million for Joint Stock Company KazMunayGaz â€“ Refinery and Marketing (Kazakhstan) for a period of ten years. The funds will be used to finance LLP PetroKazakhstan Oil Productsâ€™ modernization project at Shymkent Oil Refinery, the press service of Sberbank announced yesterday.
BISHKEK (TCA) â€” The economic situation is not easy in the world, but despite this, the growth in Kyrgyzstan is good, although there is a slowdown trend, Kyrgyz President Almazbek Atambayev said at a meeting of the National Council for Sustainable Development on October 27. The Government should work to ensure that ordinary people are better off, added Atambayev.
30/10/2014 Where cotton revenues go to in Uzbekistan
TASHKENT (TCA) â€” The authors of a new report entitled â€śUzbekistanâ€™s Cotton Sector: Financial Flows and Distribution of Resourcesâ€ť claim that cotton revenues do not go to the countryâ€™s budget and are controlled by President Islam Karimov, Uznews.net reported.
ASTANA (TCA) â€” More than 40 percent of foreign labor force in Kazakhstan is engaged in the construction industry, Novosti-Kazakhstan information agency reported citing the countryâ€™s Deputy Minister of Healthcare and Social Development, Daulet Argandykov.
ASTANA (TCA) â€” The Development Bank of Kazakhstan (DBK) has joined the funding of the project to expand high carbon ferrochrome production at Aktobe Ferroalloy Plant (AFP) in Kazakhstan. The project costs $843 million, and more than 40 percent of the funding comes from the Development Bank, the Bankâ€™s press service said yesterday.
ALMATY (TCA) â€” Last Friday, 21 Asian states signed an agreement to become founding members of the China-backed Asian Infrastructure Investment Bank (AIIB) to aid the infrastructure development in the Asian region and reduce the dependence on Western-dominated World Bank and IMF, which dominate the finances of economic development in the region either directly or through its closely related partner the Asian Development Bank. Following an earlier similar initiative with the Shanghai Cooperation Organization to create a development bank for its member states which include Russia and China, fears across the Atlantic increase that this could be the beginning of the end of the US dollarâ€™s predominance in the global monetary constellation.
29/10/2014 Tajikistan needs comprehensive structural reforms to bolster economic growth â€” World Bank report
DUSHANBE (TCA) â€” Tajikistanâ€™s economic growth is slowing and vulnerability to shocks is increasing while the country faces a range of external and domestic risks, the World Bank said on Monday referring to its latest Tajikistan Economic Report.
ASTANA (TCA) â€” Kazakhstan is ready to deliver products worth $6.7 billion to Russia as part of industrial cooperation development within the Eurasian Economic Union of Belarus, Kazakhstan, and Russia, Novosti-Kazakhstan reported citing Kazakhstanâ€™s Deputy Minister of Investments and Development, Albert Rau.
ASTANA (TCA) â€” Kazakhstan is strongly committed to further strengthening and development of the Islamic world, Kazakhstan President Nursultan Nazarbayev said during the 10th World Islamic Economic Forum in Dubai yesterday, the Kazakh presidential press service reported.
BISHKEK (TCA) â€” On October 24, the Arbitration Tribunal in Paris ordered that the Government of Kyrgyzstan has to pay Valeri Belokon $16.5 million, the Baltic Course news agency reported. The award has come into force, it is final and binding and may not be challenged, said Belokon Holdings.
ASTANA (TCA) â€” Aviation authorities of Kazakhstan expect that in 2015, all of Kazakhstanâ€™s airlines companies will be removed from the blacklist that bans them to fly to the European Union, the Ministry of Investments and Development of Kazakhstan said after last Fridayâ€™s meeting on flight safety chaired by the ministryâ€™s head, Aset Isekeshev, Novosti-Kazakhstan reported.
ASTANA (TCA) â€” Grain harvest in Kazakhstan in 2014 will amount to 15 million tons net weight and grain export potential to be eight million tons, Novosti-Kazakhstan reported citing Kazakhstanâ€™s Deputy Agriculture Minister Saparkhan Omarov.
ALMATY (TCA) â€” U.S. Consul General Theresa Grencik yesterday opened the â€śWorkshop for Regional Cooperation in Seismology and Earthquake Engineering in South and Central Asiaâ€ť in Almaty, Kazakhstan. The week-long conference is coordinated by the U.S. Geological Survey (USGS), Institute of Seismology in Kazakhstan, the Helmholtz-Centre Potsdam-GFZ German Research Centre for Geosciences, the United Nations, the International Science and Technology Center, and other international organizations, the U.S. Embassy in Kazakhstan said.
27/10/2014 Turkmen-Uzbek summit talks in Ashgabat
ASHGABAT (TCA)Â â€” President of Turkmenistan Gurbanguly Berdimuhamedov and President of the Republic of Uzbekistan Islam Karimov held talks in in Ashgabat, as part of the Uzbek Presidentâ€™s official visit to Turkmenistan.
27/10/2014 Negative effects of global challenges pose threat to many OIC member nations, says Tajik leader
DUSHANBE (TCA) â€“ Negative effects of global challenges today pose threat to many member nations of the Organization for Islamic Cooperation (OIC).
BISHKEK (TCA) â€” The best way to solve the problem with Stans Energy is to negotiate with the company, believes Aktilek Tungatarov, Executive Director of the International Business Council (IBC) based in Bishkek.
BISHKEK (TCA) â€” Last Saturday, a Kyrgyz government delegation headed by Kyrgyzstan's Deputy Prime Minister Valery Dil held talks with Turkmenistan President Gurbanguly Berdymukhammedov and Turkmen government officials in Ashgabat. The talks paid special attention to possible Turkmen electricity exports to Kyrgyzstan, the Kyrgyz governmental press service said.
TASHKENT (TCA) â€” Public-sector employees and students are still working hard in the fields across Uzbekistan as the country is trying to meet this year's government harvest quota of 3.3 million tons of raw cotton, Uznews.net reports.
- 27/10/2014 Forum of young leaders held in Kazakhstan 
- 24/10/2014 Kazakhstan mining sectorâ€™s challenges: reserve replacement and capital needed 
- 24/10/2014 Japanese exploring rare-earth metals in Uzbekistan 
- 24/10/2014 Uzbekistan and UNDP extend cooperation 
- 24/10/2014 Kazakhstan hosts international forum on future energy 
- 23/10/2014 Kazakhstan and World Bank discuss enhanced collaboration 
- 23/10/2014 Oil price fall even to $60 would not cause devaluation in Kazakhstan â€” National Bank chief 
- 23/10/2014 Kazakhstanâ€™s capital Astana has new mayor 
- 22/10/2014 Tajik foreign minister meets EAS deputy secretary general in Brussels 
- 22/10/2014 Tajikistan, Kyrgyzstan to jointly practice disaster relief 
- 22/10/2014 Upper houses of Tajik and Russian parliaments to sign cooperation agreement 
- 22/10/2014 Creation of a banking syndicate proposed in Kazakhstan 
- 22/10/2014 Japan interested in importing agricultural products from Kyrgyzstan 
- 22/10/2014 Uzbekistan announces tender for solar power plant construction in Samarkand 
- 22/10/2014 Kazakhstan to develop energy saving program for transport 
- 21/10/2014 Kyrgyzstan to promote economic reforms 
- 21/10/2014 EBRD and Switzerland finance wastewater improvement in Tajikistan 
- 21/10/2014 Tashkent International Airport among the worldâ€™s five worst airports 
- 21/10/2014 Two opposition parties unite in Kyrgyzstan 
- 20/10/2014 EU-Tajikistan Cooperation Council meets in Luxembourg today