ASTANA (Reuters) - Seeking to attract more foreign investment from its prime position in China’s huge Belt and Road trade project, Kazakhstan launched a new financial hub on Thursday which has already secured the backing of its giant neighbor.
Kyrgyzstan may face a shortage of oil products in the coming months, the State Committee for Industry, Energy and Subsoil Use of the country said in a statement.
AKIPRESS.COM - An international conference dedicated to the 90th anniversary of the first protocol on water sharing of the Talas River between the Kyrgyz Republic and the Republic of Kazakhstan was held on June 27. The conference brought together representatives of regional administrations, specialized agencies, water sector specialists and representatives of the scientific community from Kazakhstan and Kyrgyzstan. The parties discussed the history of water cooperation in the region, current accomplishments, challenges, as well as a strategic action program for the Chu and Talas river basins, the Regional Environmental Center for Central Asia said.
Manager of the Astana International Financial Center (AIFC) Kairat Kelimbetov held a meeting with the Executive Chairman and Founder of the World Economic Forum (WEF) Klaus Schwab on June 21, in Geneva,"Kazinform" reported, referring to the press service of the AIFC.
Kazakhstan and Uzbekistan will increase the number of flights. The relevant agreement was concluded in Astana by Chairman of the Civil Aviation Committee of the Ministry of Investment and Development of Kazakhstan Talgat Lustaev and Deputy Head of the Uzbek State Inspectorate for Supervision over Safety of Operations Oleg Lim, the Civil Aviation Committee of the Ministry of Investment and Development of Kazakhstan said in a message.
In Central Asia, where 10 million people are estimated to be on the move, the phenomenon of out-migration for work is felt most prominently in rural areas. Following the collapse of the Soviet Union, civil wars, and the subsequent decline in job opportunities, men are moving on from the farms they traditionally managed. Increasingly, women are being put in charge.
Kyrgyzstan and Tajikistan to bid for non-permanent UN SC seat, following successful run by Kazakhstan
Kyrgyzstan and Tajikistan intend to bid for non-permanent seat of the UN Security Council, countries’ representatives announced during the SCO Summit in Qindao, China, according to the report by the SCO Regional Anti-Terrorist Structure.
... Beijing's infrastructure projects in Central Asia make some in the bloc uncomfortable — particularly India, which alone among members has refused to endorse the program. Russia, too, is wary of China's expanding influence, and though it has somewhat reluctantly embraced the Belt and Road, it is also seeking to expand its own economic and political leverage in the region through a customs union it dominates known as the Eurasian Economic Union.
Although some western media outlets often criticize the Shanghai Cooperation Organization (SCO) as unproductive, the Chinese government sees it as an important platform to deepen regional trade cooperation and maintains financial support to the SCO.
ALMATY (TCA) — On May 31, in Almaty, Kazakhstan’s First Deputy Prime Minister Askar Mamin took part in the ceremony to launch the construction of the Big Almaty Ring Road, the official website of the Prime Minister of Kazakhstan reported.