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Business & Economy KZ

Average life satisfaction around 70% in Kazakhstan, shows World Bank survey

According to the latest findings from the “Listening to Kazakhstan” survey conducted by the World Bank and presented at a roundtable in Astana on January 31, around 70 percent of Kazakhstan’s citizens express satisfaction with their life – a number that has remained the same since the start of the survey in 2021. This survey, conducted in

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Geo Politics KG KZ

Kazakhstan a reliable partner and ally for Kyrgyzstan, says Kyrgyz FM

There are no political contradictions between Kazakhstan and Kyrgyzstan, the Minister of Foreign Affairs of the Kyrgyz Republic, Jeenbek Kulubaev, said during negotiations with the Deputy Prime Minister-Minister of Foreign Affairs of Kazakhstan, Murat Nurtleu, who was in Bishkek on an official visit on January 29th, 24.kz reported. Minister Kulubaev emphasized that Kazakhstan is an

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Eurasia Geo Politics KZ

Europe and Central Asia to build sustainable transport network

The Global Gateway Investors Forum in Brussels on January 29-30 marks a pivotal moment in EU-Central Asia relations, particularly in enhancing transport connectivity. European Commission Executive Vice President Valdis Dombrovskis’ announcement of €10 billion in investments underscores a commitment to sustainable development in Central Asia. With a focus on transforming the Trans-Caspian Transport Corridor, the

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Eurasia Geo Politics KZ

Trans-Caspian Transport Corridor to receive €10 billion investment to link Europe and Central Asia

The Global Gateway Investors Forum for EU-Central Asia Transport Connectivity opened on January 29 in Brussels, bringing together high-level representatives from the European Commission, EU Member States, Central Asia and Caucasus countries, and Türkiye. At the forum, European Commission Executive Vice President Valdis Dombrovskis announced that European and international financial institutions will commit €10 billion in support and investments

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International Affairs TKM

German company to participate in creation of medical cluster in Turkmenistan’s Arkadag

On January 27, a meeting was held between the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov and the managing director of the consulting company Goetzpartners Emerging Markets GmbH Vladimir Mathias and the senior advisor of this company Hans Gerd Prödel. The parties discussed construction of industrial facilities

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International Affairs UZB

EBRD approves new country strategy for Uzbekistan

The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved a new strategy for Uzbekistan, setting out the Bank’s priorities in the country until 2029. The Bank’s strategic approach to operations in Central Asia’s most populous state will be based on activities in three areas: supporting decarbonisation, greater water efficiency and cleaner energy; developing

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International Affairs KG KZ TJK UZB

EBRD invested over €1.2 billion in Central Asian economies in 2023

The European Bank for Reconstruction and Development (EBRD) says it invested more than €1.2 billion in projects across Central Asia in 2023 to stimulate the region’s sustainable and inclusive growth. Uzbekistan remained the leading recipient of EBRD funding in the region for the fourth year running, by attracting more than €700 million. The remaining €518 million

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Business & Economy UZB

China’s BYD launches assembly of electric vehicles in Uzbekistan

During his state visit to China, on January 25 in Shenzhen, Uzbekistan President Shavkat Mirziyoyev visited the headquarters of Chinese company BYD, a global leader in the manufacturing of new energy vehicles and next-generation batteries. Together with the president of the company, Wang Chuanfu, Mirziyoyev took part in the launch ceremony of a project for

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Geo Politics UZB

Uzbekistan president participates in Uzbek-Chinese Investment Forum

During his state visit to China, Uzbekistan President Shavkat Mirziyoyev, together with the Secretary of the Communist Party Committee of Guangdong Province, Huang Kunming, participated in the Uzbek-Chinese Investment Forum in the city of Shenzhen on January 25. Opening the forum, which brought together heads of government agencies and regions of the two countries and

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Geo Politics KZ

Kazakhstan and Italy set to enhance economic cooperation

Kazakhstan President Kassym-Jomart Tokayev’s recent visit to Italy underscores the robust economic and cultural ties between the two nations. The Kazakh President’s emphasis on the close economic cooperation and dynamic growth potential reflects a positive trajectory in bilateral relations. Italy’s substantial investments in Kazakhstan, totaling $7.3 billion, showcase a strong commitment to mutual prosperity. The

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International Affairs KZ

Kazakhstan is Thailand’s leading partner in Central Asia

The Ministry of Foreign Affairs of Thailand on January 23 in Bangkok hosted a seminar on investment and trade opportunities in Kazakhstan. The event was held with the participation of around 60 Thai businessmen to strengthen economic contacts between Kazakhstan and Thailand, the Kazakh Foreign Ministry reported. In a welcoming speech, Deputy Permanent Secretary of

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Geo Politics UZB

China and Uzbekistan announce ‘all-weather’ strategic partnership

China and Uzbekistan have upgraded their ties to an “all-weather” comprehensive strategic partnership. This was announced during negotiations in Beijing on January 24 between Chinese President Xi Jinping and his Uzbekistani counterpart, Shavkat Mirziyoyev. President Mirziyoyev arrived in Beijing on January 23 for a three-day state visit to China. During their negotiations the two leaders

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Business & Economy KZ

Kazakhstan and Indonesia expand business partnership

Ambassador of Kazakhstan to Indonesia Serzhan Abdykarimov on January 23 in Jakarta held a meeting with Vice Chairman of International Relations of the Indonesian Chamber of Commerce and Industry Bernardino Vega. The parties discussed measures to strengthen business contacts between Kazakh and Indonesian entrepreneurs, increase mutual trade, and realize transit-transport potential. Special emphasis was placed

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International Affairs TKM

Turkmenistan and Japan to expand economic and energy cooperation

During his official visit to Japan on January 22, the Minister of Foreign Affairs of Turkmenistan Rashid Meredov met with the Minister of Economy, Trade and Industry of Japan, Ken Saito. The ministers discussed strengthening trade and economic ties between Turkmenistan and Japan, noting the successful joint implementation of various projects, including the construction in

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Geo Politics UZB

Uzbek-Chinese relations see the best period in their history, Uzbekistan president says

Uzbekistan is a friendly neighbor and comprehensive strategic partner of China. The development of multifaceted relations with China has been, and remains, one of the main priorities of Uzbekistan’s foreign policy, the President of Uzbekistan Shavkat Mirziyoyev wrote in his article, entitled “Uzbekistan and China: millennia-long friendship and cooperation,” published by People’s Daily Online (China)

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Geo Politics KZ

Kazakhstan president visits Italy

On January 18, Kazakhstan President Kassym-Jomart Tokayev paid an official visit to Italy. Tokayev held talks with the President of the Council of Ministers of Italy, Giorgia Meloni. During the talks, Tokayev said that Kazakhstan and Italy have established close economic cooperation, as well as fruitful cultural and humanitarian ties. “We are proud to be

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Business & Economy UZB

OSCE supports the launch of digital platform for self-employed women entrepreneurs in Uzbekistan

The OSCE Project Co-ordinator in Uzbekistan organized the launch in Tashkent of a digital platform developed by the social start-up Coozin, aimed to further develop women’s entrepreneurship and increase their self-employment skills by using advanced digital technologies. The Coozin start-up was launched in 2020, in the midst of the COVID-19 pandemic. Since then, it has

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Geo Politics KZ

Kazakhstan and EU seek to strengthen economic cooperation

On January 15 in Astana, the Prime Minister of Kazakhstan, Alikhan Smailov and Vice-President of the European Commission, Margaritis Schinas discussed further steps to strengthen trade and economic relations between Kazakhstan and the European Union. The parties considered issues of increasing trade turnover, attracting investment, strengthening cooperation in the transport and logistics sector, easing the

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International Affairs KG

World Bank supporting Kyrgyzstan’s digital transformation

The World Bank’s Board of Executive Directors on January 12 approved $7 million in additional financing to the ongoing Digital Central Asia South Asia (Digital CASA) project for the Kyrgyz Republic. This additional financing complements the original $50 million Digital CASA–Kyrgyz Republic Project approved in March 2018 to support Kyrgyzstan’s digital transformation through increasing access to more

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International Affairs KG

‘Work in the EAEU’ app expands its services with Kyrgyz segment for labor migrants

The “Work in the EAEU” mobile app, developed by the Eurasian Development Bank’s (EDB) Fund for Digital Initiatives, has incorporated public and commercial services for labour migrants in the Kyrgyz Republic. This development enables citizens of Armenia, Belarus, Kazakhstan, Russia, and Tajikistan moving to work in the Kyrgyz Republic to access the services necessary for

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