Foreign Relations

Funds pledged for uranium legacy cleanup
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Funds pledged for uranium legacy cleanup

A pledging event for the Environmental Remediation Account for Central Asia held on 8 November at the EBRD's London headquarters saw the European Union increase its contribution by EUR10 million (USD11.3 million). Belgium, Norway, Switzerland and the USA also pledged "significant" contributions, and Lithuania also made a donation, the EBRD said. This is sufficient to extend the work of the fund to additional contaminated sites but more will be required to tackle all high priority sites in the region, it added.

ADB Signs Deal to Enhance Operations of Kazakhstan's Samruk-Energy
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ADB Signs Deal to Enhance Operations of Kazakhstan's Samruk-Energy

The FINANCIAL -- The Asian Development Bank (ADB) has signed loan agreements for loans equivalent to $80 million in Kazakhstani tenge with Samruk-Energy, Kazakhstan’s largest power generation company, to help increase its balance sheet flexibility by reducing foreign exchange risk, enhance its operational efficiency, and identify a renewable energy pipeline for the company.