The European Bank for Reconstruction and Development (EBRD) and Kazakhstan are joining forces to support the modernization and development of the national mining sector. They will cooperate on activities that can contribute to better governance, transparency and regulation of the sector in line with best international standards and practices, the EBRD reported. The Memorandum of Understanding (MoU)
Uzbekistan’s Foreign Labor Migration Agency on May 17 called on the Central Asian nation’s citizens who may have broken laws in Russia to avoid travel to neighboring Kazakhstan, citing Kazakh-Russian agreements on joint efforts against crime, RFE/RL’s Uzbek Service reported. According to the agency, Uzbeks registered in Russia’s database as violators will be arrested if they cross
The European Bank for Reconstruction and Development (EBRD) says it is supporting inclusive lending in Kazakhstan by providing new funds to the country’s leading microfinancier, KMF. KMF has been an EBRD client for almost two decades. The financial package of up to US$ 25 million (€ 23.2 million) will be disbursed in local currency, the Kazakh tenge (KZT)
On May 16 in Astana, Kazakhstan President Kassym-Jomart Tokayev met with secretaries of the Security Councils of the five Central Asian countries. The Kazakh president noted that the meeting was an important stage in the preparation for the Sixth Consultative Meeting of the Heads of State of Central Asia, which will be held in Astana
According to the latest Regional Economic Prospects (REP) report published by the European Bank for Reconstruction and Development (EBRD), Central Asian economies in 2024 are expected to see growth slowing to 5.4 percent. However, a rebound to 5.9 percent is expected in 2025. The report notes that intermediated trade with Russia, which had been a significant growth
The 16th Senior Officials Meeting of the Central Asia + Japan Dialogue took place on May 14 in Astana under the chairmanship of Nazira Nurbaeva, Deputy Minister of Foreign Affairs of Kazakhstan. The meeting was attended by the heads of the foreign ministries of Japan, Kyrgyzstan, Tajikistan, Uzbekistan, and the Ambassador of Turkmenistan to Kazakhstan.
Yerzhan Yelekeyev, Chairman of the Management Board of National Company Kazakh Invest, on May 13 met with Pascal Zappone, Vice President of the Swedish company Scania CV AB, to discuss the company’s plans to expand investment activities in Kazakhstan, including implementing an investment project to assemble electric generators, Kazakh Invest reported. Scania manufactures industrial and marine engines, trucks,
A court in Astana on May 13 sentenced former Economy Minister Quandyq Bishimbaev to 24 years in prison for the “violent beating” to death of his wife, Saltanat Nukenova, in November 2023 in a local restaurant. Bishimbaev’s cousin Baqytzhan Baizhanov was sentenced to four years in prison for not reporting the crime, which he witnessed
The First Deputy Minister of Foreign Affairs of Kazakhstan Kairat Umarov visited Brazil last week for political consultations. At the meeting with the Deputy Minister of Foreign Affairs of Brazil, Eduardo Paes Saboia, the parties discussed current aspects of bilateral relations, the global agenda, as well as multilateral interaction on issues of mutual support for
Since the beginning of this year, about 70 thousand women have used the service of traveling in “women’s carriages” in trains of Kazakhstan’s national railways company, Kazakhstan Temir Zholy. This figure has doubled compared to the same period last year — more than 34 thousand women, the company’s press service reported. Since the introduction of
