Traditions of the Kyrgyz people were being formed with the help of economic, trade, domestic and other relations with kindred and other tribes that were closely related to the geography of their ha...

After the coup of 19 March 1953 in the socio-political history of Iran there were fundamental changes: the powers of parliament were limited and the absolute power of Mohammad Reza Shah Pahlavi was...

In the Middle East, Saudi Arabia and the Islamic Republic of Iran are two countries that claim to leadership in the region. With a powerful resources and political potential these countries are the...

Business & Economics

24.03.2017

In 2016, Kyrgyzstan increased the volume of its exports to the countries that are members of the Eurasian Economic Union. This occurred despite the decline in the trade volume with these countries during the same period. Deputy Prime Minister Oleg Pankratov reported the news in a recent interview.

 

24.03.2017

By the end of 2017, the joint Uzbek-German enterprise MAN Auto-Uzbekistan will organize an enterprise for assembly of buses working on compressed natural gas in Uzbekistan. The vehicles will be used in car parks in the capital of the republic, Tashkent. “The new MAN buses will be environmentally friendly; they will be manufactured at the MAN Auto-Uzbekistan's production site as part of the program for phased transfer of car parks to buses fueled by methane,” a representative of the joint venture reported.

 

23.03.2017

Kazakhstan's National Holding “Baiterek” and the Arab sovereign wealth fund Mubadala plan to jointly provide funding to the infrastructure projects implemented in the Kazakh territory. The corresponding agreement was signed during President Nursultan Nazarbayev's official visit to the United Arab Emirates.

23.03.2017

All the 13 airlines of Kyrgyzstan have been once again included in the “black list” of air carriers, for which the access to the airspace of the EU member countries is prohibited. This is stated in the text of the agreement published on the official site of the European Commission. It also indicates that the reason for this decision was the discrepancy of the aircraft operated by these companies with the EU environmental requirements and safety standards. In addition, Kyrgyzstan's air carriers are again the only airlines of the CIS countries to appear on this list.

22.03.2017

In 2016, the volume of remittances by individuals to Uzbekistan from Russia amounted to 2 billion 741 million dollars, as reported on the official website of the Central Bank of the Russian Federation. Of all the countries that are Russia's contracting parties, Uzbekistan ranks second by the transfers of funds, while the first place belongs to Switzerland with an indicator of 5.1 billion dollars). Worth noting, the volume of remittances to the republic has decreased by 11 percent since 2015.

 

22.03.2017

In accordance with the decree of the President of Uzbekistan Shavkat Mirziyoev “On measures aimed at further improvement of the payment mechanisms for benefits and pensions” dated March 13, the joint-stock commercial People's Bank was found the only bank in the republic authorized to pay any kind of benefits and pensions. The news was reported by the press service of the Central Bank of Uzbekistan.

21.03.2017

By 2023, several free economic zones can be created in Turkmenistan. The concept of their development is already being developed by the government of the country. As indicated, the main goal of the future FEZs is to attract investors and introduce advanced technologies in order to maximize the efficient use of resources. In addition, this will enable to accelerate the creation of a number of joint ventures producing high-quality products. Thus, the country's export potential will increase, while its dependence on imports will reduce.

 

21.03.2017

In Turkmenistan, there is nearing completion implementation of a major joint project with Belarus, which envisaged construction of the Garlyk mining and processing complex for production of potash fertilizers. The construction of this facility is carried out in accordance with the contract signed in January 2010. the contract's participants are the Turkmen state concern “Turkmenkhimiya” and the Belorussian JSC “Belgorkhimprom.” The annual capacity of the new complex will be 1.4 million tons of finished products in the form of potassium chloride.

21.03.2017

On April 13-14, 2017, the capital of Uzbekistan will host one of the largest exhibition events of the republic, IUTE 2017 (International Uzbek Tourism Exhibition). This will be the fifth exhibition prepared for residents and guests of Tashkent, according to its organizers, it will include “a whole series of interesting surprises.” For example, the national pavilion of Uzbekistan will be for the first time presented to the participants and visitors at the tourism exhibition.

 

20.03.2017

Turkmenistan is interested in discussing the issues related to the possible participation of Qatar's major investment and financial institutions in the project for construction of the TAPI transnational gas pipeline (Turkmenistan – Afghanistan – Pakistan – India). Such a statement was made by President Gurbanguly Berdimuhamedov during the talks with the Emir of Qatar, Sheikh Tamim Bin Hamad Al Thani in Doha on March 15 and 16. The Turkmen leader also drew attention to the fact that today Qatar is one of the world leaders in the export of liquefied natural gas.