The FINANCIAL -- EBRD President Suma Chakrabarti is visiting Uzbekistan from 31 July to 1 August 2018 to meet with the country’s President Shavkat Mirziyoyev as well as with Deputy Prime Ministers Sukhrob Kholmuradov, Alisher Sultanov and Jamshid Kuchkarov.
With Iran and Afghanistan as neighbors, Turkmenistan is often overlooked due to its proximity to geopolitical hotspots. Recent measures by its government to restrict emigration may seem peculiar without greater context on the challenges facing the country. Economic mismanagement and issues in securing the country’s border against the Taliban and the Islamic State (ISIS) and affiliated groups are just some of the signs that without a change in approach, there is a risk of a destabilization in the country. With endemic corruption, systemic flaws, and a totalitarian leader, the impact of larger failings in Turkmenistan could have potentially significant geopolitical repercussions.
The accession of Kazkommertsbank JSC to Halyk Bank of Kazakhstan JSC has been completed, the joint Halyk Bank said in a statement. The certificate of ownership and merger as of July 27, 2018 was signed on July 28, the message of the bank says.
Abu Dhabi: Turkmenistan Airlines resumed biweekly flights between Ashgabat International Airport and Abu Dhabi International Airport, connecting the two nation’s capitals with flights operating every Friday and Sunday.
The Kazakh car industry requires pre-export financing of foreign supplies and a number of subsidies from the state in order to enter the Uzbek market, said Oleg Alferov, head of Kazakhstan’s Union of automotive industry enterprises KazAvtoProm.
Uzbekistan will allocate a loan of $100 million for the development of the business of three Tajik banks, Sputnik Uzbekistan reported, referring to Avesta news agency.
A wind power plant with a capacity of 42 megawatts will be built in Mangistau region of Kazakhstan, the press service of the mayor of the region said on July 23.
Why was a package of documents sent to Beijing from Xinjiang to suspend the creation of the Free Trade Zone (FTZ), which was planned to be launched this year on the Kazakh-Chinese border?
Uzbekistan and Central Asian countries are considering the possibility of holding the first Central Asian economic forum in autumn 2018, "Podrobno.uz" reported referring to the Ministry of Foreign Trade of Uzbekistan.
The National Bank of Kazakhstan has kept the base rate at the level of nine percent, Kazakh media reported July 9.