Kazakhstan’s growth is projected to moderate in 2024 amid a slowdown in industry due to stagnant oil production before recovering in 2025 with gains in mining and investment, according to a new Asian Development Bank (ADB) report. The Asian Development Outlook (ADO) April 2024, ADB’s flagship economic publication published on April 11, projects Kazakhstan’s gross domestic product
Asel Suankulova, Deputy Director of the Department for Attracting Investments and Marketing of JSC National Company KAZAKH INVEST, held a meeting with representatives of the Spanish company Roca. The parties discussed the strategic possibility of opening a logistics center and a brand gallery, Roca Gallery, in Kazakhstan and further launching production in the country. This strategic
The World Bank’s Board of Executive Directors on April 8 approved a $30 million financing for the Resilient Agri-food Clusters Development Project for the Kyrgyz Republic. The project will be complemented by a $5 million grant from the Global Agriculture and Food Security Program (GAFSP). With a combined financing of $35 million, the project aims to boost the
Another lawmaker in Russia has made remarks concerning Kazakhstan, which might create tension between the two countries, Orda.kz reports. In a comment to the Russian National News Service, Mikhail Delyagin, deputy chairman of the State Duma Committee on Economic Policy, said that long delays in processing money transfers from Russia to Kazakhstan are “sabotage by
The Ambassador of Kazakhstan to Pakistan Yerzhan Kistafin on April 8 held a meeting with the Secretary of Railways of the Islamic Republic of Pakistan Syed Ali Shah. During the negotiations, the Pakistani side outlined the ongoing efforts to attract foreign investors for rehabilitation and expansion of the country’s railway networks. Syed Ali Shah expressed
The construction of the Wakhan road connecting Afghanistan and China will soon be completed, the Afghan minister of rural rehabilitation and development announced during a meeting with the Chinese ambassador in Kabul, Afghan broadcaster TOLOnews reported. The Wakhan corridor is a narrow strip of land in the Badakhshan province of Afghanistan. The corridor stretches eastward,
Tajikistan President Emomali Rahmon called the current global situation “a new phase of the Cold War” and called on his compatriots to be politically vigilant amid “growing tensions as the process of the world’s repartitioning is intensifying,” RFE/RL reported. “In these difficult and dangerous circumstances, we should not let our citizens, our children, turn into
On April 8, a caravan of 15 trucks with 300 tons of humanitarian aid from Kyrgyzstan arrived in the city of Aktobe in Kazakhstan, where the convoy has been divided between four regions of Kazakhstan hit by unprecedented spring floods, the Kyrgyz Ministry of Emergency Situations reported. Three trucks with humanitarian cargo headed to the
Construction of a residential project called Nilabagh was launched in Kabul on April 7. The project will be implemented by a Chinese company that has invested $71 million in the construction of 1,400 residential apartments in 56 blocks, Afghan broadcaster TOLOnews reported. The construction project is planned to be completed within 3 years. “Today, we
The Ambassador of Kazakhstan to Pakistan Yerzhan Kistafin held a meeting last week with the Secretary of the Ministry of Communications of the Islamic Republic of Pakistan Ali Sher Mehsud. During the meeting, the parties discussed the prospects for cooperation in the transport and logistics sector taking into account the North-South corridor being established, for
Turkey has cancelled visa-free travel for Tajik nationals, the office of the Turkish president said on April 6, without giving any reason behind the decision, RFE/RL’s Tajik Service reported. Tajikistan’s Foreign Ministry later said that Ankara had not officially notified Dushanbe about its plan to scrap the visa-exemption rule, which had been in place since
The Tajik Foreign Ministry on April 6 rejected a statement by the director of Russia’s Security Council that Ukraine has recruited mercenaries in Tajikistan, RFE/RL’s Tajik Service reported. Nikolai Patrushev earlier last week accused officials of the Ukrainian Embassy in Dushanbe of recruiting mercenaries to participate in military operations, including against Russia. He made the
The Embassy of Kazakhstan in Egypt and KAZAKH INVEST National Company on April 4 in Cairo held a round table with major Egyptian companies that are part of the Business Council for International Cooperation. During the event, participants discussed investment, trade and economic opportunities between Kazakhstan and Egypt, the Kazakh Foreign Ministry reported. Kairat Lama
The Uzbek Culture Ministry said on April 5 that the Artdocfest/Asia film festival was blocked because its organizers “did not obtain permission” to hold a public event and failed to comply with regulations, RFE/RL’s Uzbek Service reported. The international documentary film festival began on April 2 in the capital, Tashkent, but was suddenly stopped by
The French Alliance in Bishkek announced the holding of the 2024 edition of the Week of the Francophonie from 5 to 13 April. The week of events is organized jointly with the Embassies of France, Switzerland, Belgium, Canada, Morocco, and the Delegation of the European Union. The program includes educational, cultural and entertainment events. This
With its ancient architectural monuments and beautiful natural landscapes, Central Asia is a magnet for travelers from around the world. The British publishing house Silk Road Media, through its publications such as Open Central Asia Magazine and travel guides to the countries of the region, has been promoting Central Asia as an attractive tourism destination,
The Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Akylbek Japarov on April 4 announced that Kyrgyzstan will provide humanitarian aid to neighboring Kazakhstan in response to unprecedented floods caused by abrupt warm weather that led to a mass snowmelt. Kazakhstan’s Ministry of Emergency Situations has reported that almost 19 thousand people have been evacuated
Yerzhan Yelekeyev, Chairman of the Management Board of JSC National Company Kazakh Invest, and Sultangali Kinzhakulov, Deputy Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, on April 3 met with the leadership of the Chinese company Zhejiang Sunny Group Co., Ltd. to discuss the possibility of building a plant for the
Kyrgyzstan’s Elkart Interbank Processing Center said that the Central Asian country’s banks will stop processing transactions with Russian Mir payment cards as of April 5 due to Western sanctions imposed on Moscow for its invasion of Ukraine, RFE/RL reported. Last week, another former Soviet republic, Armenia, announced a similar move. In September 2022, the U.S.
One of Kyrgyzstan’s first online news websites, 24.kg, reported on April 3 that the State Committee for National Security has suspended a criminal case against it. RFE/RL’s Kyrgyz Service reported that the State Committee for National Security launched the case — which came amid a government crackdown on civil society and free media — against
