In 2023, with the support of KAZAKH INVEST national company, 47 new production facilities with foreign participation were put into operation in Kazakhstan for about $1.1 billion. These projects created more than 4.5 thousand jobs for Kazakhstani citizens, the acting Chairman of the Board of JSC National Company KAZAKH INVEST, Zhandos Temirgali said in an interview
As of the end of October 2023, the public debt of Kyrgyzstan (external and internal) amounted to $6.590 billion or 57.82 percent of the country’s GDP, said the Kyrgyz Ministry of Finance, providing the latest statistics on the country’s debt. The amount includes $4.482 billion of external debt and $1.518 billion of internal debt. More than half (52.4 percent) of the
On December 25, on the margins of the Supreme Eurasian Economic Council meeting in St. Petersburg, a free trade agreement was signed between the Eurasian Economic Union (EEU) and its member states, on one hand, and the Islamic Republic of Iran, on the other. The EEU unites Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. The agreement
The “One Village – One Product” project (OVOP) is being implemented within the framework of “Men Kasipker” instrument, developed in accordance with the National Entrepreneurship Development Project for 2021-2025. Its goal is to involve rural population in creation of a unique, high-quality regional product that is certified and has market attractiveness, the Kazakh Ministry of
On December 25, President Shavkat Mirziyoyev held a government meeting on the development of the electrical, chemical and pharmaceutical industries in Uzbekistan. It was stated at the meeting that over the past five years, production in these three industries has increased 2.6-fold, and their share in the country’s industrial sector has reached 7 percent. The
The 12th meeting of the Joint Intergovernmental Commission on Trade, Economic, Scientific, Technical and Cultural Cooperation between Kazakhstan and Pakistan was held in Astana on December 22. Co-chaired by the Vice Minister of Trade and Integration of Kazakhstan Kairat Torebayev and the First Deputy Minister of Economic Affairs of Pakistan Kazim Niaz, the event was
