By Vladimir Socor Kazakhstan's government announced on July 2 that it will sell an 8.4% stake in Kashagan, the supergiant oilfield development project, to China National Petroleum Corporation (CNPC). CNPC has prevailed against India's Videsh, the external operations branch of Indian state-controlled Oil & Natural Gas Corporation, in the contest over this stake in Kashagan. The ...
Former UNESCO Director-General Federico Mayor arrives in Azerbaijan
Former Director-General of the UNESCO Federico Mayor Zaragoza and represetatives of the Secretariat of Club of Madrid have arrived in Azerbaijan. Director of Egypt's Library of Alexandria Ismail Serageldin and Club of Madrid Coordinator are expected to visit Baku in the coming days. The aim of the visit is to determine 2013-2014 action plan with the Nizami Ganjavi International Center. ...
Azerbaijan rises by four steps in medal standings of Universiade 2013
Azerbaijan has risen from 19th to 15th place in the medal standings of the 27th Summer Universiade, 1news.az reports. As of 14 July, Azerbaijan has twelve medals (3 gold, 4 silver and 5 bronze medals = 9). In the medal standings, Azerbaijan has moved from 22th to 17th place. On 9 July Firudin Guliyev (weightlifting, 69 kg), on 12 July Haile Ibrahimov (track and field, running for ...
Moscow State University produces first-ever psychologists in Azerbaijan
A graduation ceremony was held in a Baku branch of the Lomonosov Moscow State University on 13 July. Russian ambassador to Azerbaijan Vladimir Dorokhin, representatives of the university, National Academy of Sciences of Azerbaijan, ministers, heads of higher schools, MPs and parents of graduates attended the ceremony. "Today is a landmark day in the life of the Baku branch of the ...
?Strategic partnership between Russia and Azerbaijan is very important?
'The fact that Russia and Azerbaijan are together as strategic partners is of great importance to us,' Ludmila Shvetsova, Vice Speaker of the Russian ?Relations between Azerbaijan and Russia date back to ancient time. Our relations were built not over years, but over centuries.? She noted: "We want to develop our relations, and will put our efforts in ...
TABLE-Long-term credit ratings for Kazakhstan banks
July 15 (Reuters) - Following are long-term credit ratings for Kazakhstan's major banks as defined by international ratings agencies Standard & Poor's (S&P), Moody's and Fitch. Outlook in parentheses: positive (pos), stable (stab), neative (neg), developing (dev). * updated today S&P MOODY'S FITCH Alliance ...
Berlin to host 3rd meeting of Azerbaijan-Germany High Level Working Group
The 3rd meeting of Azerbaijan-Germany High Level Working Group on Trade and Investments will be held on July 17-18 in Berlin. Azerbaijan`s delegation at the event will be led by head of the Economic Development Ministry`s Administration Samir ...
MPP Renewal ? Conference to be held on 20th of July
The oldest party in Mongolia ? Mongolian People?s Party will hold its conference on 20th of July, 2013. It will discuss the results of presidential election. The renewal movement of the party will also discuss if the current heads of the party should be held responsible and resign from their posts as secretaries and chiefs. The party?s difficulties became apparent after it ...
Centerra Gold risks Kyrgyz collapse
By Fozil Mashrab A legal dispute between the Kyrgyzstan government and Centerra Gold has entered a decisive stage for both sides after the Kyrgyz parliament instructed the government either to renegotiate a 2009 deal with the Canadian mining company or withdraw its mining license, though Kyrgyz Prime Minister Jantoro Satybaldiev recently ruled out any steps to nationalize the mine. The ...
The right fare in Azerbaijan
importing of 1,000 London taxis to Baku, the construction of an international bus station, and a lucrative road-construction project. The group has received preferential treatment and the interlinked companies owned by the families have taken large shares or even monopolized certain transportation sectors like bus transport, taxis, road construction, and cargo-transportation services in the ...
Baku expands role in Turkish economy
By Vladimir Socor On March 22 in Copenhagen, the Danish and Turkish prime ministers, Helle Thorning-Schmidt and Recep Tayyp Erdogan, witnessed the signing of agreements between subsidiaries of Danish Moeller-Maersk and Azerbaijan's State Oil Company (SOCAR) to develop a giant port near Izmir in Turkey. The petrochemicals holding Petrokimya (Petkim), majority-owned by SOCAR, is ...
Kyrgyz officials take cultural wrong turn
experiences, and confront the topic of sexual violence. Since American Eve Ensler wrote the play in 1996, it has been performed in over 140 countries and translated into 48 languages. A performance is scheduled for April 12 in Bishkek. The Culture Ministry sent a letter to local media outlets on April 1 saying the Vagina Monologues advocates "unnatural, perverted sex under the slogan of ...
Russia multiplies gas routes to Europe
By Vladimir Socor Russian President Vladimir Putin and Gazprom are announcing colossal plans to expand the capacities of existing gas export pipelines and build new ones, all in Europe beyond Russia's territory. Gazprom already co-owns and controls export pipeline capacities amounting to some 110 billion cubic meters (bcm) per year in Europe beyond Russia (Nord Stream One and Two, ...
Chemical plant explosion kills one injures three in Inner Mongolia
HOHHOT, April 15 (Xinhua) -- Fire fighters on Sunday morning put out the blaze in a chemical plant in north China's Inner Mongolia autonomous region, which has caused one dead and three others injured.The accident happened around 5 p.m. Saturday at Inner Mongolia 3F Fluorochemical Co. Ltd. in the city of Fengzhen. A huge amount of flammable gas has been leaked after the chemical plant ...
Russias cash flight to gather momentum
By Pavel K Baev Last week marked the anniversary of the shocking performance staged by the Pussy Riot punk rock group in the Christ the Savior Cathedral in Moscow. And this year saw a spectacular increase in the density of "patriotic" political noise silencing common sense in debates over such matters as separation of church and state, homosexual "propaganda" or the ...
Ukraine looks to Turkmenistan
By Roman Muzalevsky On February 12, Ukrainian President Victor Yanukovych paid a three-day visit to gas-rich Turkmenistan to sign a memorandum of understanding on energy cooperation and reiterate Kiev's interest in resuming direct imports of the Central Asian country's natural gas, which were suspended in 2006. The visit revealed Kiev and Ashgabat's strong desire to reduce ...
Kazakhstan-Korea trade changes shape
By Richard Weitz Kazakhstan has become South Korea's (also known as the Republic of Korea - ROK) main economic partner in Central Asia, and powerful complementarities exist between Astana's desire for foreign capital and technologies, especially in order to develop its infrastructure and new high-technology sectors, and Seoul's need for natural resources, particularly energy ...
Kazakhstan seeks wider horizons
By Sergei Gretsky Kazakhstan is well known for the successful transformation of its economy following independence more than 20 years ago, and the leadership has consistently set ambitious goals to solidify the gains and diversify the economy to meet the challenges of the 21st century. The year 2012 ended on a high note - the 2012-2013 Global Competitiveness Report by the World Economic ...
Tajikistan regions still at war
By Shavkat Kasymov Fifteen years have passed since a peace agreement which ended a five-year long civil war in Tajikistan. Fought between regional groups and the national government of president Rahmon Nabiyev, the conflict killed between 50,000 and 100,000 and displaced more than a million. Presidential elections scheduled for the fall offer an opportunity to reflect on the disastrous ...
Nazarbayev brings in new blood
By Georgiy Voloshin Just two weeks into 2013, Kazakhstan's President Nursultan Nazarbayev announced the reorganization of the country's government. On January 16, he ordered the establishment of a new ministry in charge of regional development whose head, Bakhytzhan Sagintayev, had previously led the day-to-day activities of the ruling Nur Otan party in the capacity of its ...
Xi may hold key to Moscow gas goals
By Sergie Blagov Russian Deputy Prime Minister Arkady Dvorkovich traveled to China on February 25 to attend a first meeting of the bilateral intergovernmental commission on energy cooperation. The commission was formed in December 2012 to replace the bilateral Russia-China energy dialogue. Dvorkovich held talks with his Chinese counterpart, Vice Premier Wang Qishan, to discuss ties in the ...
Kyrgyzstan seeks to double its GDP
reforms and intends to spend US$13 billion to double gross domestic product (GDP) in five years, drawing on aid and investment to fund projects in agriculture, mining, transport, power and other sectors. Doubling the GDP will require an annual growth rate of at least 7%. Kyrgyzstan's GDP growth is projected at 8.5% in 2013, up to 7.5% in 2014, and up to 3.5% in 2015; inflation is ...
Source: http://www.kazakhstannews.net/index.php/sid/215832142/scat/929bcf2071e81801
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