New codes regarding the subsoil use and taxes will stimulate investments in the oil and gas industry of Kazakhstan, effectively regulate the level of tax burden on subsoil users and intensify the development of new fields on the Caspian Sea shelf.
The international economic forum "Sughd-2018" will be held on October 11 in Khujand in honor of the 10th anniversary of the creation of free economic zones of Tajikistan, Asia-Plus reports.
President of Turkmenistan Gurbanguly Berdimuhamedov, speaking at a meeting of the Turkmen Parliament noted that Turkmenistan has turned from the agrarian country into an industrially developed one during its independence, Turkmen state news agency reported.
The World Bank plans to provide the Ministry of Employment and Labor Relations of Uzbekistan with a preferential loan in the amount of $50 million, Podrobno.uz reported.
The Board of Directors of the Asian Development Bank (ADB) has approved a $10 million grant to support Tajikistan in disaster preparedness and response, Tatiana Evstifeeva, Associate External Relations Officer of the ADB Tajikistan Resident Mission, said, Sputnik Tajikistan reported.
BISHKEK (TCA) — Growth remains stable across most of developing Asia due to robust domestic demand, buoyant oil and gas prices, and a consolidation of India’s growth rebound. But escalating trade tensions will test the region’s resilience, underscoring the importance of efforts to bolster trade ties among its countries, says a new Asian Development Bank (ADB) report.
Kazakhstan has plans to significantly increase gas exports to China, Interfax Kazakhstan reported citing the Minister of Energy of Kazakhstan Kanat Bozumbayev.
Uzbekistan and Kazakhstan will create a joint venture that will be engaged in railway container transportation to China, the Uzbek media reported on September 26.
A number of Canadian companies from the province of Alberta in Canada are ready to establish their subsidiaries in Kazakhstan and invest in the oil and gas and energy sector of the country, the Director General for Trade and Investment, Environment and Energy of Europe Branch of the Government of Alberta Laurent Auger said at the conference, Kazinform reported.
The Turkmenistan-Afghanistan-Tajikistan (TAT) railway line looks to be a casualty of warming Tajik-Uzbek relations as officials suggested recently that Tajikistan would postpone its work on the line.