Economy

Kyrgyzstan will have to give its lands to China
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Kyrgyzstan will have to give its lands to China

Now Kyrgyzstan's foreign debt is about $4.2 billion, $2.5 of which, were accrued during the presidency of former presidents Askar Akayev and Kurmanbek Bakiyev. The remaining amount of loans was accrued during the presidency of Almazbek Atambayev. In fact, during his term, the Chinese gave us a loan and themselves implemented the projects under it. Is it normal? This money was given to us by a commercial bank, and not an international organization, which means that this loan will never be debited to us. I'm afraid that Kyrgyzstan will still have to give up land, the thermal power station or large deposits to pay off debts.

Op-Ed: AIFC has promising future - Kairat Kelimbetov
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Op-Ed: AIFC has promising future - Kairat Kelimbetov

The official unveiling ceremony of the Astana International Financial Center (AIFC) will be held on the sidelines of the Astana Finance Days in early July during the celebrations of the 20th anniversary of the Kazakh capital. AIFC Governor Kairat Kelimbetov sat down with Kazinform correspondent to share the details about two years the Center was in the making, its plans for the future and target indicators of the financial platform created in Kazakhstan. 

Tajikistan's foreign trade up
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Tajikistan's foreign trade up

Azernews.az: The volume of foreign trade turnover of Tajikistan in January 2018 amounted to $443 million. The trade turnover increased by 75.6 percent, or by $190.7 million, compared to the same period of the previous year, according to statistical data, Central Asian media outlets reported.