The U.S. Government’s Agency for International Development (USAID) in partnership with the Public Organization Ilmhona, and other international and private donors, on November 23 hosted the Regional Tech Jam Forum 2024 in Dushanbe. Since its inception in 2021, Tech Jam has become an important platform for young professionals, IT experts, and industry leaders to connect
On November 22, Tashkent hosted the opening of the regional office of the Export-Import Bank of China (China Exim Bank). The ceremony was attended by Yang Dongning, Vice President of China Exim Bank; Yu Jun, Ambassador of China to Uzbekistan; Ilzat Kasimov, Deputy Minister of Investment, Industry, and Trade of Uzbekistan; and representatives from the business
Chairman of the Management Board of JSC National Company Kazakh Invest Yerzhan Yelekeyev held a meeting with Li Yantao, the founder of Qingdao Wanlin Food Co., Ltd, to discuss the company’s plans to build a plant for the production of dehydrated onions in Kazakhstan. Wanlin specializes in the production of food products, particularly deep processing of agricultural products. Wanlin representatives
The Embassy of Kazakhstan in the U.S. on November 19 hosted an event on Capitol Hill to discuss the prospects of repealing the Jackson-Vanik Amendment in relation to Kazakhstan. The discussions involved members of Congress, U.S. State Department officials, diplomats, business and expert community, the Kazakh Foreign Ministry reported. Opening the event, Ambassador of Kazakhstan
On November 20, Kazakhstan President Kassym-Jomart Tokayev paid a state visit to Hungary and held talks with Hungarian Prime Minister Viktor Orban. Emphasizing that Hungary is a reliable strategic partner of Kazakhstan in the European Union, Tokayev said that the main goal of his visit was to “give new impetus to our cooperation”. Tokayev noted
Kazakhstan President Kassym-Jomart Tokayev and Serbian President Aleksandar Vucic have pledged to strengthen economic cooperation between their countries during Tokayev’s first visit to Serbia as the Central Asian country’s president, RFE/RL’s Balkan Service reported. At a joint press conference on November 19, Tokayev highlighted the commitment of both nations to expand their bilateral relations, focusing
The Asian Development Bank (ADB) has approved a $250 million policy-based loan to support the Government of Uzbekistan’s efforts to strengthen institutional frameworks for climate transition, enhance links and interaction of climate change adaptation priorities, and accelerate climate change mitigation actions. The Accelerating the Climate Transition Program will support the Government of Uzbekistan in three reform areas:
Turkmenistan remains the only state in Central Asia with no free economic zones operating in the country. Although the Law on Free Economic Zones (FEZs) was enacted in Turkmenistan in October 2017, no free economic zones are known to be in operation, according to the U.S. Department of State’s 2024 Investment Climate Statements: Turkmenistan. The
At the Kazakhstan-Serbian Business Forum held in Belgrade on November 12, Ulugbek Orazov, deputy general director for commerce of KTZ Express JSC (a subsidiary of Kazakhstan’s national railway company Kazakhstan Temir Zholy), presented the company’s key initiatives aimed at developing infrastructure along the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor, which
On November 13, Kazakhstan’s Prime Minister Olzhas Bektenov held a government meeting on the development of the industry of rare and rare earth metals. Kazakhstan is home to one of the world’s three full-cycle plants for the production of beryllium and scandium, and one of the world’s four tantalum and niobium production facilities. According to
On November 10-11, a delegation from Uzbekistan, led by Minister of Investment, Industry, and Trade Laziz Kudratov, visited Qatar. The Uzbek delegation participated in the inaugural meeting of the Intergovernmental Commission on Economic Cooperation and attended the Uzbek-Qatari Business Forum, engaging in discussions with leaders from Qatar’s key companies. In his opening remarks at the Commission
In Xi’an (China), Yerzhan Yelekeyev, the Chairman of the Board of JSC National Company Kazakh Invest, took part in the opening ceremony of the office of Shaanxi Baosheng Silk Road Construction Engineering Co., Ltd, an independent partner of the national company in China. The Chinese company has opened a representative office within the framework of a cooperation
Member countries of the Central Asia Regional Economic Cooperation (CAREC) Program have endorsed a new Climate Change Action Plan (CCAP) and launched the CAREC Climate and Sustainability Project Preparatory Fund (CSPPF) to strengthen regional collaboration on climate resilience, low-carbon growth, and sustainable development. The endorsement took place at the 23rd CAREC Ministerial Conference held in Astana on
The Asian Development Bank (ADB) and Ipak Yuli Bank have signed a 625 billion Uzbek sum loan (equivalent to about $50 million) to enhance access to financing for urban micro, small, and medium-sized enterprises (MSMEs) in Uzbekistan. A majority of loan proceeds will be allocated to support financial inclusion for MSMEs, 60% outside the capital
Climate action offers Tajikistan an opportunity to rejuvenate its economy and create jobs while protecting its people from the growing risks of extreme weather events induced by climate change, says the World Bank Group’s Tajikistan Country Climate and Development Report (CCDR), released on November 7. “Tajikistan is in urgent need of an economic reset that can help
On November 6, Kyrgyzstan’s capital, Bishkek, hosted the 11th Summit of the Council of Heads of State of the Organization of Turkic States (OTS). The summit was chaired by Kyrgyzstan President Sadyr Japarov and attended by President of Azerbaijan Ilham Aliyev, President of Kazakhstan Kassym-Jomart Tokayev, President of Turkey Recep Tayyip Erdoğan, President of Uzbekistan
Turkish President Recep Tayyip Erdoğan paid a state visit to Kyrgyzstan on November 4-5 and, together with Kyrgyz President Sadyr Japarov, chaired the 6th meeting of the Kyrgyzstan-Turkey High-Level Strategic Cooperation Council. Presidents Japarov and Erdoğan signed a Joint Declaration elevating relations between Kyrgyzstan and Turkey to the level of comprehensive strategic partnership, which Japarov
President of Kazakhstan Kassym-Jomart Tokayev made a state visit to France on November 4-5. In Paris, Tokayev held talks with French President Emmanuel Macron on the development of trade and economic cooperation. According to Tokayev, last year, the trade turnover between Kazakhstan and France amounted to $4.2 billion, and this year this figure was achieved
Kazakhstan has signed eight commercial agreements worth $2.5 billion with Chinese companies, significantly enhancing bilateral economic relations between the two countries. The agreements were signed on November 4 during Kazakh Prime Minister Olzhas Bektenov’s visit to Shanghai, RFE/RL reported. The agreements support a broader strategy of the two countries to double trade turnover, which reached
The 17th “Central Asia – Republic of Korea” Cooperation Forum took place in Seoul on November 4. The forum addressed key areas of partnership between Central Asian countries and the Republic of Korea, focusing on sectors such as transport and logistics cooperation, energy collaboration, digital transformation, and environmental issues, the Kazakh Foreign Ministry reported. In
