News

Kyrgyzstan benefits from cooperation with EU

Kyrgyzstan shows interest in strengthening trade and economic relations with the European Union. This is demonstrated by the words of the Chairman of ...

Trade turnover between Kazakhstan and Uzbekistan increased

According to the results of four months of 2023, Kazakhstan is among the three main foreign trade partners of Uzbekistan, Kazinform reports. In January-April 2023, foreign trade turnover of Uzbekistan with other countries amounted to $19.6 billion and increased by $2.3 billion, or 13.4%, compared to the same period last year, according to a report by the State Statistics Committee of Uzbekistan. The largest volume of foreign trade turnover was recorded with China - $3.3 billion (17% of the tot...

ESCAP adopted Resolution on special program for Aral Sea basin

As a result of the 79th session of the Economic and Social Commission for Asia and the Pacific (ESCAP), held on May 15-19 in Bangkok, the Resolution initiated by Turkmenistan concerning the establishment of a special UN program for the Aral Sea basin was unanimously adopted, Turkmenportal.tm reports. This is the first Resolution initiated by Turkmenistan within the framework of ESCAP, and Azerbaijan, Armenia, China, Singapore, Turkey and the Philippines were the co-sponsors of the document, the...

Turkmenistan entered Top-10 largest trading partners of Uzbekistan

Since the beginning of 2023, the trade turnover between Uzbekistan and Turkmenistan amounted to $312.6 million, an increase of 1.6% compared to a year earlier, says a report of the Agency on Statistics under the President of Uzbekistan, according to the portal Daryo.uz. In 2023, Uzbekistan imported products worth $258.5 million from Turkmenistan and exported to this country $54.1 million. Turkmenistan ranks eighth among Uzbekistan's trading partners from January to April 2023. The main foreig...

Xi'an Declaration adopted after CA-China summit

As a result of the summit of the heads of states "Central Asia - China" in the city of Xi'an, the Xi'an Declaration was adopted. The declaration was signed by Chinese President Xi Jinping, President of Kyrgyzstan Sadyr Japarov, President of Kazakhstan Kassym-Jomart Tokayev, President of Tajikistan Emomali Rahmon, President of Turkmenistan Serdar Berdimuhamedov, President of Uzbekistan Shavkat Mirziyoyev signed this document on May 19, 2023. In a warm atmosphere of friendship and mutual underst...

China, Kyrgyzstan and Uzbekistan sign document to accelerate process for construction of railway

A trilateral document was signed in Xi'an, which provides for the next steps on the China-Kyrgyzstan-Uzbekistan railway construction project, the Ministry of Transport of Kyrgyzstan reports. The document was signed within the framework of the China-Central Asia summit between the Ministry of Transport and Communications of Kyrgyzstan, the Ministry of Transport of Uzbekistan and the State Committee for Development and Reforms of China. The signed memorandum will speed up the implementation of t...

Asian Infrastructure Investment Bank to support construction of Rogun HPP

The Asian Infrastructure Investment Bank (AIIB) will allocate preferential funds in the amount of $500 million for the construction of the Rogun hydroelectric power station in Tajikistan, Trend news agency reports citing the press service of the President of Tajikistan. The provision of concessional financing for the Rogun HPP project was announced by AIIB President Jin Liqun at a meeting with Tajik President Emomali Rahmon in Beijing on May 17, the report said. With an estimated capacity of 3...

Tokayev proposes to establish food hub on basis of "Khorgos"

President of Kazakhstan Kassym-Jomart Tokayev named nine priority areas of cooperation at the Central Asia-China summit, including trade, logistics, energy, agriculture and water resources, the press service of the President of Kazakhstan reports. Over the years of independence, more than $23 billion of investments from China have been attracted to Kazakhstan. And the day before, the parties signed agreements worth $22 billion at the investment forum, Tokayev said. At the talks with the Chinese...

Results of Kazakh President's visit to China are more than weighty

After arriving in China on an official visit, President of Kazakhstan Kassym-Jomart Tokayev took part in the Kazakh-Chinese investment round table in the city of Xi'an. Despite the difficult economic situation in the world, trade and economic relations between the two countries continue to develop dynamically, Tokaev told the participants. At the end of last year, the volume of bilateral trade reached a record high of $31 billion. “China is one of the five largest investors in the Kazakh econo...

Kyrgyzstan signed number of agreements with China, including export of electricity

In the Chinese city of Xi'an, following the talks, President of the Kyrgyz Republic Sadyr Japarov and Chinese President Xi Jinping signed a Joint Declaration on Establishing a Comprehensive Strategic Partnership in a New Era, the press service of the President of Kyrgyzstan reported. At the same time, an Agreement of Intent was signed on cooperation in the export of electricity from the Kyrgyz Republic to China between the Ministry of Energy of Kyrgyzstan and the TBEA company. A number of othe...

China-Central Asia two-day summit kicks off in Sinai

In the Chinese city of Xi'an in the north-west of the country, the China-Central Asia summit began its work. The summit participants are the heads of all the countries of Central Asia and China. The summit gathered for the first time as part of the presidents of the participating countries. The official representative of the Chinese Foreign Ministry, Wang Wenbin, during a conversation with the press, noted that the summit has "an epoch-making significance in the development of relations between...