News

Kyrgyzstan doubled fish production in a year

Fish production has doubled over the year in Kyrgyzstan, Minister of Agriculture Askarbek Dzhanybekov said at the first congress of fish farmers, proc...

US opens Global Seismic Network facility in Uzbekistan

The United States opened a new seismic station in Uzbekistan, the press service of the US Embassy in Uzbekistan reports. The University of California at San Diego and the Republican Center for Seismic Predictive Monitoring under the Ministry of Emergency Situations of Uzbekistan announced the installation of a new modern seismic station in the village of Karasai near Jizzakh, the report said. The facility will become part of the US Global Seismic Network, which consists of more than 150 statio...

Tajikistan offers Kazakhstan to develop oil and gas fields in country

President of Tajikistan Emomali Rahmon invited the Kazakh side to develop the republic's oil and gas fields, the press service of the head of Kazakhstan reported. The Tajik leader, who is in Kazakhstan on a state visit, noted that the partnership between the countries has acquired the character of allied interaction. The priority is cooperation in the mining and metallurgical industries. "We have invited the Kazakh side to develop our promising oil and gas fields," Rakhmon was quoted as saying...

Impact of world processes in energy sector on coal mining in Central Asia

The Asian Development Bank presented a program to reduce carbon emissions in the region. Among the measures proposed by the ADB is the introduction of "global carbon prices", which would make the use of coal uneconomical and stimulate investment in alternative energy sources. The bank says that to reduce carbon emissions, one ton of coal should cost $70 in 2030 and $153 in 2050, Ia-centr.ru reports. Against this background, the countries of Central Asia are increasing coal production: - in 202...

Turkmenistan prepare global transport and transit project

The Turkmen authorities expect to launch the East-West transport corridor, which will unite Turkmenistan, Iran, Iraq and Turkey, Serdar Berdimuhamedov told Turkmenistan, addressing the participants of the II International Conference "International transport and transit corridors: interconnection and development - 2023". This is reported by the publication "Turkmenistan today". The world community actively supports the positive undertakings of Turkmenistan in the field of transport, Berdimuhamed...

Kyrgyzstan and China negotiates a visa-free regime for citizens

China is ready to consider the possibility of introducing a visa-free regime with Kyrgyzstan, Minister of Foreign Affairs Jeenbek Kulubaev said at a meeting of the Parliament of Kyrgyzstan, Akchabar reports. Kyrgyzstan is currently preparing a proposal that will soon be submitted to the Chinese authorities, Kulubaev said. He assured the deputies that China is ready to negotiate the possibility of a visa-free regime. At the same time, Kyrgyzstan is negotiating a visa-free regime with the gover...

TRACECA to provide assistance to Turkmenistan

Back in 2022, Turkmenistan, which was at the origin of the program, expressed its intention to join the Basic Multilateral Agreement on the Development of the TRACECA International Transport Corridor, Secretary General of the Permanent Secretariat of the TRACECA Intergovernmental Commission Asset Asavbayev said in Ashgabat at the International Conference "International transport and transit corridors: interconnection and development" , according to Turkmenportal.tm. “Today, all TRACECA countrie...

Uzbek authorities legally fixed limit of public debt

A decision was made to limit the volume of external debt in the amount of 60% of GDP at the legislative level in Uzbekistan, Interfax reports. This norm is enshrined in the law "On public debt", adopted by the parliament and signed by the President of Uzbekistan Shavkat Mirziyoyev. The text of the document provides that the law will come into force three months later, on August 2, 2023. "The size of the state debt should not exceed 60% of the annual forecast indicator of gross domestic product...

Kazakhstan and Tajikistan signed agreements worth more than $1 bln

Enterprises of Kazakhstan and Tajikistan "will be able to increase the additional volume of non-commodity exports to Tajikistan in the amount of more than $170 million," said Ayan Yerenov, Chairman of the Board of the Foreign Trade Chamber of Kazakhstan, Kazinform reports. “In 2021, during the trade mission, we signed five export agreements worth more than $80 million, last year we already signed six documents worth $100 million. This year we will also hold a trade mission, where our target ind...

Central Asia proposes to host final games of Asian Football Championship

President of the Central Asian Football Association Rustami Emomali said at the CAFA Congress in Dushanbe that the countries of Central Asia will submit a joint application to host the final of the Asian Cup in 2031 or 2035, Avesta reports. “Our Central Asian region has never hosted the final part of the Asian Cup. I think the time has come. Our region is represented by very strong teams. I am sure that together with the brotherly countries we will hold the final part of the Asian championship ...

National Bank of Kyrgyzstan spent almost $7 mдn on printing new banknotes and coins

The cost of printing banknotes and coins increased in 2022, the National Bank of Kyrgyzstan announced. According to the bank's report, the expenses amounted to 609 million 319 thousand soms, or $6 million 962 thousand. This is 40.15% more than a year earlier, when the cost of printing money was estimated at 434 million 774 thousand soms. That is, in 2022, expenses increased by 174 million 545 thousand soms. The costs of issuing banknotes and coins include the costs of security, transportation,...