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Uzbekistan significantly increased volume of all types of fr...

Experts from the Institute for Forecasting and Macroeconomic Research (IPMI) in Tashkent analyzed changes in freight turnover by all modes of transpor...

Tajikistan ensures food security

Ensuring food security is one of the strategic goals of the government of Tajikistan, its full implementation is achieved through the development of agriculture. This is noted in the information message posted on the official website of the President of Tajikistan, according to "Avesta". The report emphasizes that in 2022, the leadership and the government of Tajikistan implemented specific measures within the framework of state programs and strategies in order to develop the agro-industrial c...

CSTO announces position on Kyrgyz-Tajik border

The CSTO Secretariat drew attention to the information disseminated in the media about the presence in the CSTO of some plans to relieve tension on the Tajik-Kyrgyz border, Total.kz reports with reference to the press service of the Organization. “The border problem between the Kyrgyz Republic and the Republic of Tajikistan really exists. It has been repeatedly discussed at sessions of the supreme body, the Collective Security Council, and at meetings of other statutory bodies of the Organizati...

Turkey accounts for 95% of investments in Kazakhstan from OTS countries

Turkey accounts for 95% of investments from the countries of the Organization of Turkic States. This was reported at the Kazakhstan Institute of Economic Research, Kazpravda.kz reports. "From 2005 to the 3rd quarter of 2022, the gross inflow of foreign direct investment into Kazakhstan from the countries of the Organization of Turkic States amounted to $ 4.8 billion, of which 95% falls on Turkey. In 2021, the volume of FDI from the countries of the Organization of Turkic States reached its maxi...

Kazakhstan plans to send 250 thousand tons of Russian oil to Uzbekistan

250 thousand tons of oil from Russia will be delivered to Uzbekistan in transit through Kazakhstan in 2023 The Kazakh state company KazTransOil JSC plans to transit 25,000 tons of oil from Russia to Uzbekistan this month. This information was disseminated by the press service of KazTransOil JSC. It is expected that in just this year KazTransOil will send 250 thousand tons of Russian oil to Uzbekistan along the route "Omsk - Pavlodar - Shymkent - oil loading rack Shagyr" (loading into railway t...

WB ready for further cooperation with Turkmenistan

The Minister of Finance and Economy of Turkmenistan, Serdar Jorayev, held a meeting with the Executive Director of the World Bank, Dominique Favre, at which the parties discussed priority areas of cooperation and outlined further plans for cooperation, Anadolu agency writes. One of the key topics was the COVID-19 response project in Turkmenistan, for which the International Bank for Reconstruction and Development allocated $20 million. Joraev noted that a significant part of the allocated fund...

Kazakhstan significantly increases export of uranium to Russia

Kazakhstan has significantly increased the export of natural processed uranium to Russia, according to analysts from the country's First Credit Bureau (PKB). In January 2023, almost 1.8 thousand tons of uranium were sold for a total of $228.6 million, the PKB notes, citing data from the Bureau of National Statistics of Kazakhstan. For comparison: in the first 5 months of 2022, exports to Russia amounted to about 1.9 thousand tons for $216.5 million. Thus, the sales level for the first month of...

International reserves of Kyrgyzstan decreased by $204.5 mln

The gross international reserves of Kyrgyzstan at the end of February 2023 amounted to $2 billion 545 million 520 thousand. Of these, the liquid part of the reserves is $2 billion 465 million 830 thousand. Such data is reported by the portal "Akchabar" with a reference to the National Bank of Kyrgyzstan. Compared to a month earlier, when the reserves of Kyrgyzstan were estimated at $2 billion 749 million 990 thousand, they decreased by $204 million 470 thousand, and the liquid part - by $203 mi...

Kazakh MFA highly appreciated role of China in rapprochement of positions of Iran and S. Arabia

Kazakhstan welcomes the agreements reached in Beijing on March 10, 2023 on the restoration of diplomatic relations between the Kingdom of Saudi Arabia and the Islamic Republic of Iran, Kazpravda.kz reports citing the Kazakh Foreign Ministry. “We highly appreciate the role of the People's Republic of China in the negotiation process and achieving successful outcomes. These agreements are fully consistent with the initiative of Kazakhstan on Islamic reconciliation, put forward in April 2016 in t...

GDP of Tajikistan grew by 1.6 times in five years

A regular joint meeting of the joint steering committee of Tajikistan and the UN agency was held to approve the Work Plans of the Cooperation Framework for Sustainable Development for 2023-2026. The parties are members of the Outcome Groups of the United Nations Model Development Assistance Program in Tajikistan, Avesta reports. The Minister of Economic Development and Trade of Tajikistan, Zavki Zavkizoda, said at a meeting that over the past five years, the average annual growth of the country...

Presidential term in Uzbekistan extends to 7 years

In the draft Constitution of Uzbekistan in a new version, approved by the parliament, it is proposed to increase the term of office of the president of the country from 5 to 7 years. After the renewal of the Constitution, the president and a number of other officials will be able to be re-elected to the same positions. The draft constitutional law on the Constitution of Uzbekistan in a new edition, approved by both chambers of the Oliy Majlis, was published on the Internet, as well as in the ne...