On May 14, the Joint Conference of Turkmenistan and the European Union, entitled “30 years of cooperation between Turkmenistan and the European Union: working together for a better future,” was held at the Ministry of Foreign Affairs of Turkmenistan. The event was attended by representatives of ministries, state agencies and public organizations of Turkmenistan, the
On May 14, a high-level delegation from the Government of Switzerland will arrive in Bishkek to strengthen cooperation ties with the Kyrgyz Republic and familiarize with the results of the Swiss funded projects implemented in Kyrgyzstan, the Swiss Embassy in Bishkek announced. The delegation will be composed of Ambassador Mr. Arno Wicki, Assistant Director General of
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,
The U.S. Agency for International Development (USAID) will host the 13th Central Asia Trade Forum, entitled “Trade Connections: Bridging Globally,” on May 14 and 15 in Almaty, the U.S. Embassy in Kazakhstan announced. With more than 10,000 government and business leaders from 25 countries in Central and South Asia, Europe, and the United States participating since
On May 8, Russian President Vladimir Putin, President of Belarus Alexander Lukashenko, President of Kazakhstan Kassym-Jomart Tokayev, President of Kyrgyzstan Sadyr Japarov, and Prime Minister of Armenia Nikol Pashinyan gathered in Moscow for a meeting of the Supreme Eurasian Economic Council, the governing body of the Eurasian Economic Union (EEU). This year marks the tenth anniversary of the establishment of the Russian-led economic integration
The European Bank for Reconstruction and Development (EBRD) says it is supporting micro, small and medium-sized businesses and improving access to finance for young entrepreneurs in Uzbekistan by providing a financial package of up to US$ 20 million (€18.8 million) to a major private lender, Ipak Yuli Bank. The package consists of a US$ 10 million loan under
Significant steps towards expanding relations between Kazakhstan and Uzbekistan were made within the framework of the III Tashkent International Investment Forum on May 2-3, the Ministry of Foreign Affairs of Kazakhstan reported. Deputy Minister of Foreign Affairs of Kazakhstan Nazira Nurbayeva spoke at the event, saying that last year, the trade turnover between Kazakhstan and Uzbekistan reached
The European Bank for Reconstruction and Development (EBRD) on May 2 said it is contributing to the development of sustainable transport connections in Central Asia by financing the upgrade and expansion of a key transportation route in Uzbekistan. The EBRD’s sovereign loan of up to US$ 238 million (€224 million) will help rehabilitate around 81 km of
Speaking at the Third Tashkent International Investment Forum on May 2, President of Uzbekistan Shavkat Mirziyoyev said that in the past few years, Uzbekistan has attracted over 60 billion dollars in foreign investments, and more than 14 billion dollars from international financial institutions have been directed to social and infrastructure projects. The volume of foreign
The World Bank’s Board of Executive Directors on April 30 approved a $84 million grant from the International Development Association (IDA) for the Afghanistan Community Resilience and Livelihoods Project, which complements $70 million in additional financing from the Afghanistan Resilience Trust Fund (ARTF). The project started in 2022 with a grant of $265 million from the
The first meeting of the Business Council of Kazakhstan and Croatia was held in Zagreb on April 25 as part of a joint business forum with the support of the Embassy of Kazakhstan in Croatia. During the event, Ulbosyn Sarybayeva, the representative of National Company Kazakh Invest, told Croatian businessmen about measures of state support for investments and
The European Bank for Reconstruction and Development (EBRD) says it is providing funds to upgrade key infrastructure and develop sustainable transportation solutions for Tajikistan’s capital. This is the third project under the Dushanbe Green City Action Plan (GCAP). The EBRD’s sovereign loan of up to €28.45 million will help finance major transportation improvements in the riverside part of
A Kazakh delegation led by Deputy Prime Minister Serik Zhumangarin this week visited Afghanistan to discuss cooperation in regional transport projects. The Kazakh side announced its readiness to participate in projects for the development of the trans-Afghan corridor: the construction of the Termez – Mazar-i-Sharif – Kabul – Peshawar and Herat – Kandahar – Spin
During the official visit of UK Foreign Secretary David Cameron to Kazakhstan, a ceremony was held on April 25 to sign two commercial documents. The Ministry of Healthcare of Kazakhstan, the Almaty City Administration, National Company Kazakh Invest, and AstraZeneca signed a Plan for the implementation of an investment project for contract manufacturing of biotechnological
On April 24, Kyrgyzstan President Sadyr Japarov arrived in Azerbaijan for a state visit. In Baku, Japarov and Azerbaijan President Ilham Aliyev chaired the 2nd meeting of the Interstate Council of Azerbaijan and Kyrgyzstan. Following the talks and the Interstate Council meeting, President Aliyev said that Azerbaijan and Kyrgyzstan actively cooperate in the trade and
On April 24, Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Murat Nurtleu held talks with UK Foreign Secretary David Cameron, who was in Astana with an official visit. The ministers signed the historic Strategic Partnership and Cooperation Agreement between Kazakhstan and the UK that is aimed at strengthening bilateral relations in key
The President of Tajikistan Emomali Rahmon on April 23 in Rome met with the President of the Council of Ministers of Italy, Giorgia Meloni, to discuss issues of expanding bilateral ties in the political, economic, trade, cultural, humanitarian, and security spheres. Both sides expressed interest in expanding cooperation in the fields of hydropower, light, food,
On April 23, Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Murat Nurtleu paid an official visit to Thailand upon the invitation of Deputy Prime Minister – Minister of Foreign Affairs of Thailand Parnpree Bahiddha-Nukara. During the talks, the sides discussed the current state and prospects for the development of Kazakh-Thai relations in
On April 22, UK Foreign Secretary David Cameron arrived in Tajikistan as part of his visit to Central Asia. In Dushanbe, Cameron met with the President of Tajikistan Emomali Rahmon and the parties discussed attraction of British investments to the mining, metallurgical, light, food, pharmaceutical, and agricultural sectors of Tajikistan, the Tajik president’s press service
The United States Government, through the U.S. Agency for International Development (USAID), has launched a new initiative that will support long-term economic opportunities in Tajikistan. USAID’s new five-year, $18 million Employment and Enterprise Development Activity (EEDA) will catalyze sustainable development and inclusive economic opportunities in Tajikistan. EEDA will partner with firms to improve the productivity
