Section: The Times of Central Asia (Kyrgyzstan)
Mutual investments in CIS, including Central Asia, grow as Russian economy recovers
BISHKEK (TCA) — The downward trend governing the changes of foreign direct investment (FDI) stock of CIS countries — including five post-Soviet republics of Central Asia — during the period from 2013 to 2015 has been replaced with significant growth. According to the latest data, in 2016 mutual CIS and Georgia FDI stock increased by 7.9% to $45.1...
OSCE Parliamentary Assembly observers to monitor Kyrgyzstan presidential election
BISHKEK (TCA) — The OSCE Parliamentary Assembly says it is deploying a mission of 40 international observers, including 29 parliamentarians from 22 countries, to Kyrgyzstan for the 15 October presidential election. The observers arrive in Bishkek this week for several days of briefings before deploying to polling stations for election day...
Kazakhstan ranks 57th on competitiveness list
ASTANA (TCA) — Russia has led its partners in the Eurasian Economic Union (EEU) with the highest ranking among the group in the World Economic Forum (WEF) 2017-18 Global Competitiveness Report. Russia ranked 38th on the list of 137 countries rated in this year’s WEF report, while Kazakhstan was next at the 57th position on the Global...
Multilateral development banks increase financing for CIS projects
BISHKEK (TCA) — Multilateral development banks (MDBs) increased financing for Commonwealth of Independent States (CIS) projects, including in Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, in Q2 2017 compared to Q1 2017 by 125% or up to US $2.36 billion, according to the Review of Investment Activities of Multilateral...
EU backs Kyrgyzstan’s Bar in protecting lawyers’ rights, increasing ethical standards
BISHKEK (TCA) — On 30 June the southern Kyrgyzstan city of Osh will host a round table “On the protection of lawyers’ rights and ethical standards of the legal profession”, organised by the EU-Central Asia Rule of Law Platform, in cooperation with the Kyrgyz and the Paris Bars. The objective of the roundtable is to provide exposure to best...
GE showcases future of energy and industry at Expo-2017 in Kazakhstan
ASTANA (TCA) — Following the opening last week of Expo-2017 in Kazakhstan’s capital of Astana, over 100 top officials, senior business executives, and global thought leaders came together on June 21 for an interactive discussion at Moving Forward, Fueling the Future, the General Electric-hosted forum focused on emerging trends and...
Trade between Kazakhstan and Ukraine on the rise
ASTANA (TCA) — For the first 4 months of this year, trade between Kazakhstan and Ukraine increased by 37.3% compared to the same period in 2016 and amounted to 486.3 million dollars. This was said at the 13th session of the Joint Kazakhstan-Ukraine Intergovernmental Commission on Economic Cooperation held in Astana on June 14-16, the official...
Almaty city the most business-friendly in Kazakhstan — World Bank study
ASTANA (TCA) — Entrepreneurs in Kazakhstan navigate a wide range of regulatory practices, depending on where they start and operate their business, says the World Bank Group’s Subnational Doing Business in Kazakhstan 2017 report, released on June 6. Doing business in Kazakhstan can be complex, but it is relatively inexpensive, finds the...
Uzbekistan’s foreign minister names barriers to foreign investment in the country
TASHKENT (TCA) — From September 2016 to May this year, Uzbekistan signed over 320 trade and investment agreements and contracts with foreign partners for a total amount exceeding US $44 billion, the Minister of Foreign Affairs of Uzbekistan Abdulaziz Kamilov told the Senate of the Uzbek parliament on May 27, the Jahon Information Agency reported....
Kazakhstan gets FMD free status, is now able to export agricultural products to WTO countries
ASTANA (TCA) — An official ceremony of awarding a certificate of conferring on Kazakhstan the status of a zone free from foot and mouth disease took place in Paris on May 25, Kazakhstan’s First Deputy Agriculture Minister Kairat Aytuganov said, the official website of the Prime Minister of Kazakhstan reported. Delegates of the International...
