Business & Economy KG

US government supports dairy sector in Kyrgyzstan

More than 500 people in the agricultural sector will benefit from advanced cattle management, fodder cultivation, and artificial insemination initiatives supported by the U.S. government through the United States Agency for International Development (USAID). The new partnerships drive economic growth in the south of the Kyrgyz Republic by strengthening the dairy value chain and livestock breeding.

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Business & Economy KZ

Kazakhstan is the leader in attracting investments for new projects in North and Central Asia region

The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has released its 2024 report on investments in the region. According to the report, Kazakhstan attracted $15.7 billion in new projects, securing its position as the leading destination for investments in the North and Central Asia region, Kazakh Invest reported. In 2024,

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Geo Politics KZ

Azerbaijan president: Our friendship and brotherhood with Kazakhstan have become even stronger

In an interview with Azerbaijan Television on December 29, Azerbaijan’s President Ilham Aliyev expressed his gratitude to Kazakhstan President Kassym-Jomart Tokayev, Kazakh rescuers and medical teams for their solidarity and assistance during and after the deadly crash of an Embraer 190 of the Azerbaijan Airlines on December 25. The plane with 62 passengers and five

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Geo Politics KG UZB

Construction of China-Kyrgyzstan-Uzbekistan railway begins

Kyrgyzstan President Sadyr Japarov, Chairman of the National Development and Reform Commission of the People’s Republic of China Zheng Shanjie, and Uzbekistan Deputy Prime Minister Jamshid Khodjayev on December 27 attended a ceremony to launch the construction of the China-Kyrgyzstan-Uzbekistan railway in the village of Tosh-Kutchu in Kyrgyzstan’s Jalal-Abad region. Speaking at the ceremony, Japarov

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International Affairs KG

Declaration of International Snow Leopard Day marked in Kyrgyzstan

The Ministry of Foreign Affairs of Kyrgyzstan and the Global Snow Leopard and Ecosystem Protection Program (GSLEP) last week held an event in Bishkek to mark the declaration of October 23 as International Snow Leopard Day by a resolution of the 79th session of the UN General Assembly. First Deputy Minister of Foreign Affairs Asein

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Eurasia International Affairs KZ

Azerbaijan and Kazakhstan show solidarity and mutual assistance after deadly plane crash

On December 27, Kazakhstan President Kassym-Jomart Tokayev had a telephone conversation with the President of Azerbaijan Ilham Aliyev. The presidents exchanged condolences and expressed words of support to the families of those killed in the crash of an Azerbaijani passenger plane in Kazakhstan’s Mangistau region. On December 25, the Embraer 190 of the Azerbaijan Airlines

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International Affairs KG

Kyrgyzstan introduces visa-free regime for citizens of Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain

The Ministry of Foreign Affairs of Kyrgyzstan has announced that a visa-free regime will be introduced for citizens of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Qatar, the State of Kuwait, the Sultanate of Oman, and the Kingdom of Bahrain starting from January 4, 2025. Citizens of these countries traveling

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Business & Economy Eurasia World

Chinese company to build cement plant in Afghanistan

Afghanistan’s Ministry of Mines and Petroleum has signed a contract for the construction of a major cement production plant in Logar with a Chinese company that also has an Afghan partner, TOLOnews reported. Hedayatullah Badri, acting minister of mines and petroleum, stated during the contract signing ceremony that approximately $145 million will be invested in

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Business & Economy Eurasia UZB

‘Work in the EAEU’ app launched in Uzbekistan

As of 20 December 2024, the “Work in the EAEU” mobile app, developed by the Eurasian Development Bank’s (EDB) Fund for Digital Initiatives, has launched public and commercial services for migrant workers in Uzbekistan. This enables individuals seeking employment in Uzbekistan to access the necessary services directly from their smartphones, the EDB said.  The Eurasian

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Business & Economy KZ

EDB and Qazaq Green to develop renewable energy in Kazakhstan

The Eurasian Development Bank (EDB) and the Qazaq Green Renewable Energy Association (Qazaq Green) have signed a Memorandum of Cooperation to facilitate research and exchange information on renewable energy projects, among other initiatives. The document was signed by Azamat Tyuleubai, Senior Managing Director and Head of the EDB Project Unit, and Nurlan Kapenov, Chairman of

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International Affairs UZB

European Union provides technical assistance to Tashkent Botanical Garden

The European Union Ambassador to Uzbekistan, Toivo Klaar recently visited the Tashkent Botanical Garden to see ongoing landscaping and improvement efforts. The European Union has contributed to the enhancement of the Tashkent Botanical Garden, a cherished landmark and one of the largest and oldest natural parks in the region. Nestled in the heart of Tashkent,

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International Affairs KZ

Dozens killed as Azerbaijani passenger plane crashes in Kazakhstan

A passenger plane flying from Azerbaijan’s capital, Baku, to Russia has crashed near the city of Aqtau in western Kazakhstan with 67 people on board, Kazakh authorities said on December 25, RFE/RL’s Kazakh Service reported. Authorities said that dozens of people had been killed but that there were several survivors. According to preliminary information, 28

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Business & Economy KZ

EDB to finance upgrade of heat and power plant in Kazakhstan’s Karaganda

The Eurasian Development Bank (EDB), represented by Ruslan Dalenov, Vice Chairman of the Management Board, and Karaganda Energotsentr, a 100% subsidiary of Kazakhstan Utility Systems, represented by Flyur Garipov, General Director, have signed a 13-year, US $240 million long-term loan agreement to finance the modernization and expansion of Karaganda Combined Heat and Power Plant 3

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Business & Economy UZB

Uzbekistan to establish project office to develop agriculture, industry and tourism in Karakalpakstan

On December 23, Uzbekistan President Shavkat Mirziyoyev chaired a meeting on the priority tasks for 2025 to utilize additional opportunities and increase investments and employment in the northwestern region of Karakalpakstan. A project office will be established to develop three main areas in Karakalpakstan – agriculture, industry, and tourism. The office will analyze the growth

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Business & Economy UZB

EBRD finances construction of high-voltage transmission line in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) says it is increasing the reliability and sustainability of Uzbekistan’s electricity supply by helping to finance the construction of a new high-voltage transmission line connecting the country’s north-western and south-western regions. The EBRD is issuing a sovereign loan of up to US$ 66.4 million (€63.9 million) to the

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Business & Economy UZB

Uzbekistan to launch a new solar plant with World Bank support

The World Bank has approved $3.5 million in financing for Uzbekistan in the form of a payment guarantee to support the country’s development of renewable energy. This support will secure the obligations of the state-owned National Electric Grid of Uzbekistan JSC to purchase electricity from a new 100-megawatt (MW) solar power plant to be constructed

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International Affairs KZ

Kazakhstan and EU set to expand cooperation in 2025

On December 23, Deputy Minister of Foreign Affairs of Kazakhstan Roman Vassilenko met with Ambassador of the European Union to Kazakhstan Aleška Simkić. The parties noted the high dynamics of bilateral cooperation in the outgoing year, welcoming both numerous and regular high-level contacts as well as a significant increase in trade turnover and investment activity.

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International Affairs KZ

Construction of school donated by Kazakhstan starts in Türkiye

A ceremony of laying the foundation stone of a school was held on December 19 which will be built in Nurdagy district of Gaziantep province of Türkiye on the instructions of the President of Kazakhstan Kassym-Jomart Tokayev. The event was attended by Ambassador of Kazakhstan to Türkiye Yerkebulan Sapiyev, Governor of Gaziantep province Kemal Çeber,

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Business & Economy UZB

ADB to help enhance financial access for rural MSMEs in Uzbekistan

The Asian Development Bank (ADB) and Hamkorbank have signed a 625 billion Uzbek sum (equivalent to about $50 million) loan to enhance access to financing to rural micro, small, and medium-sized enterprises (MSMEs) in Uzbekistan. A majority of the loan will be allocated to support financial inclusion for MSMEs outside the capital of Tashkent. At

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International Affairs KG

New fire and rescue station opens in Bishkek with Korean support

The opening ceremony of the new Fire and Rescue Station No. 9 took place in Bishkek last week. The construction of the station was part of the project “Improvement of fire safety of population by strengthening capacity of the Fire and Rescue Services in the Kyrgyz Republic”, implemented by the United Nations Development Programme (UNDP)

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