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World Bank, ARTF provide additional financing to Afghanistan project

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

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Business & Economy Eurasia KZ World

Business Council of Kazakhstan and Croatia holds first meeting

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

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International Affairs TJK

EBRD helps upgrade key infrastructure in Tajikistan’s capital

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

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International Affairs KZ

Kazakhstan to participate in construction of trans-Afghan railways

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

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Business & Economy KZ

Kazakhstan and Great Britain sign commercial agreements

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

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Eurasia Geo Politics KG World

Kyrgyzstan president visits Azerbaijan

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

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Eurasia Geo Politics KZ World

Kazakhstan, Great Britain sign Strategic Partnership and Cooperation Agreement

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

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Eurasia Geo Politics TJK World

Tajikistan president visits Italy to expand ties

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,

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Eurasia Geo Politics KZ World

Kazakhstan foreign minister visits Thailand

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

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Eurasia Geo Politics KG TJK World

UK foreign secretary visits Tajikistan, Kyrgyzstan

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

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International Affairs TJK

USAID launches $18 million initiative to boost economic growth in Tajikistan

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

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Business & Economy KZ

Carlsberg opens new production facility in Kazakhstan

With the support of the Ministry of Foreign Affairs of Kazakhstan and National Company Kazakh Invest, Carlsberg Kazakhstan on April 19 opened a new production site in Almaty worth $50 million. The launch of the new production facility will contribute to ensuring 100% localization of brewing and non-alcoholic products to meet the domestic needs of the

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Geo Politics KG KZ

Kazakhstan and Kyrgyzstan deepen multifaceted cooperation

Kyrgyzstan President Sadyr Japarov was on an official visit in Astana on April 19, where he held talks with Kazakhstan President Kassym-Jomart Tokayev and co-chaired the sixth meeting of the Supreme Interstate Council of Kazakhstan and Kyrgyzstan. President Tokayev expressed gratitude to Sadyr Japarov and the people of Kyrgyzstan for the fraternal humanitarian assistance provided

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Geo Politics TJK UZB

Tajikistan and Uzbekistan cement strategic partnership

During his state visit to Tajikistan on April 18, the President of Uzbekistan Shavkat Mirziyoyev held talks with the President of Tajikistan Emomali Rahmon, and the two leaders signed a Treaty on Allied Relations between their countries. Mirziyoyev said that Tajikistan is the closest, most reliable and time-tested strategic partner of Uzbekistan. “The fraternal Uzbek

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Business & Economy Eurasia TKM

Turkmenistan opens new highway to boost international transit

Turkmenistan President Serdar Berdimuhamedov on April 17 opened a section of the Ashgabat-Turkmenabat high-speed highway linking the cities of Tejen and Mary in southeastern Turkmenistan. According to the State News Agency of Turkmenistan, the construction of the 600-kilometers-long Ashgabat-Turkmenabat highway started in January 2019. The highway will consist of three sections: Ashgabat-Tejen (203 kilometers), Tejen-Mary

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Geo Politics KZ

Kazakhstan cancels Astana International Forum amid floods

Kazakhstan has cancelled the Astana International Forum that was scheduled for June 13-14 this year due to the current unprecedented spring floods that hit the northern regions of the country. Central Asia’s leading international conference, the Astana International Forum 2024 was expected to gather government and business leaders from around the world to exchange perspectives

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Eurasia Geo Politics KZ

Kazakhstan president visits Armenia

On April 15, Kazakhstan President Kassym-Jomart Tokayev visited Armenia and held negotiations in Yerevan with Prime Minister of Armenia Nikol Pashinyan. Speaking to journalists after the talks, Tokayev said it was his first official visit to Yerevan and emphasized that Armenia is a very important and reliable partner of Kazakhstan in the South Caucasus. “Our

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Eurasia Geo Politics UZB World

Tashkent hosts 2nd Foreign Ministerial Meeting of Strategic Dialogue ‘Central Asia–Gulf Cooperation Council’

On April 15, the Second Foreign Ministerial Meeting of the Strategic Dialogue “Central Asia – Cooperation Council for the Arab States of the Gulf” was held in Tashkent under the chairmanship of the Foreign Minister of Uzbekistan Bakhtiyor Saidov. The event was attended by the Prime Minister, Minister of Foreign Affairs of Qatar Sheikh Mohammed

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Business & Economy UZB

ADB forecasts Uzbekistan’s economy to grow 5.5% in 2024

Economic growth in Uzbekistan is expected to decrease in 2024 due to the impact of higher prices on household disposable income, according to a new flagship report from the Asian Development Bank (ADB). In its Asian Development Outlook (ADO) April 2024, ADB projects gross domestic product (GDP) growth for Uzbekistan to be 5.5% in 2024, followed

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Business & Economy KZ

Egyptian company to build first full-cycle pharmaceutical production in Kazakhstan

Madina Abdikadyr, the Project Manager of National Company Kazakh Invest, on April 12 met with Ahmad Kilani, the Chairman of the Board of Directors of the Egyptian company EIPICO, to discuss the company’s plans to build a full-cycle biopharmaceutical plant on the territory of Saran industrial zone in Kazakhstan’s Karaganda region. The planned investment volume will

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