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 12, Kazakhstan’s Prime Minister Olzhas Bektenov took part in the opening of Korkyt Ata airport’s new terminal in Kyzylorda. The launch of the new terminal will increase the capacity of the air harbour from 300 thousand to 2 million passengers per year. The renovated Korkyt Ata terminal meets the high standards of the
The Asian Development Bank (ADB) and the Government of Kazakhstan have moved a step closer toward the possible early retirement of a coal plant in Kazakhstan under the bank’s Energy Transition Mechanism (ETM) program. Under a memorandum of understanding (MOU) signed at COP29 by ADB and Kazakhstan’s Ministry of Energy, the two sides will work toward a
The parties signed the relevant agreement at the UN Climate Change Conference (COP29) held in Baku. Kazakh Deputy Prime Minister and Minister of National Economy Nurlan Baybazarov noted that this is the largest project financed by the Islamic Development Bank in its history, the press service of the Kazakh Government reported. In addition, the Islamic Development
The Kazakh Foreign Ministry has said that starting from November 18, 2024, Kazakhstan is implementing updated visa regulations aimed at creating favorable conditions for business immigrants, skilled professionals, and travelers. The new measures include: – B9 Visa – for representatives of sought-after professions, which allows further registration of a residence permit; – Digital Nomad Visa
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
Kazakhstan’s Altyn Dala Conservation Initiative has been named the winner of the prestigious Earthshot Prize 2024 in the “Protect and Restore Nature” category, awarded by His Royal Highness Prince William. The Altyn Dala Conservation Initiative has received the prestigious prize in recognition of its vision and results to conserve and restore the steppe ecosystem in
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
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
Climate finance, infrastructure, agriculture, and micro and smaller businesses in Central Asia were just some of the areas that benefited from strong funding from IFC, a member of the World Bank Group, over the last fiscal year. The funds, coupled with advisory support, are helping to increase private sector participation, create jobs, boost financial inclusion,
On November 1, the VII Kazakhstan Global Investment Roundtable (KGIR-2024) was held in Astana under the “Global Investment Trends: A Vision of the Future” agenda. Speaking at the forum, Kazakhstan Prime Minister Olzhas Bektenov noted that the roundtable is a logical continuation of the meeting of the Foreign Investors’ Council, which was held the day
On October 31, Kazakhstan President Kassym-Jomart Tokayev chaired the 36th meeting of the Foreign Investors’ Council in Astana. Tokayev noted that the Council has become the most important dialogue platform for discussing issues of improving the investment climate in the country. “We have set ourselves a rather ambitious goal – to attract an additional $150
The European Bank for Reconstruction and Development (EBRD) says it is helping to introduce a public-private partnership (PPP) model to Kazakhstan’s healthcare-sector by arranging a financing package of €365 million provided by six financial institutions for the construction and operation of a 630-bed multidisciplinary hospital in the city of Kokshetau. The financing, including the EBRD’s own
The European Union says it is launching a new four-year project to strengthen engagement with civil society organizations (CSOs) in Central Asia, in partnership with the United Nations Office for Project Services (UNOPS), and in collaboration with the UN Resident Coordinators’ and national governments. The project, which will be coordinated by a regional project team
The Asian Development Bank (ADB) has approved a sovereign-guaranteed local currency loan of up to $291.49 million equivalent to KazAvtoZhol National Company to reconstruct 208 kilometers of road in central Kazakhstan that will improve domestic and regional connectivity, road safety, and promote national and international trade. The ADB project will upgrade the existing two-lane highway
The European Bank for Reconstruction and Development (EBRD) announced that its President, Odile Renaud-Basso, will visit Kazakhstan from 31 October to 1 November for meetings with senior government officials and multilateral financial institutions. During her two-day program, the EBRD President will meet with Kazakhstan’s President Kassym-Jomart Tokayev, hold a bilateral meeting with the leadership of the Asian Development Bank
Kazakhstan’s national soccer team coach Stanislav Cherchesov, a Russian national, has been fined by the national federation for making an insensitive comment regarding the Kazakh language, RFE/RL’s Kazakh Service reported. The incident occurred earlier this month, when Cherchesov responded to a reporter’s question in Kazakh with a joke comparing the language to French, sparking public outrage.
