Since 1992, when China and Kyrgyzstan established their diplomatic relations, they have succeeded in developing political, economic and cultural relations in mutual trust. Signing of more than 200 various interstate and intergovernmental agreements between Kyrgyzstan and China
The financial sector, particularly, the banking sector is a very important factor for economic development, and there is wide range of theoretical and empirical literature emphasizing its importance (Patrick, 1966; Demetriades and Husseina, 1996; Arestis and Demetriades, 1997;
Searching for diversity in investors and routes to export its oil and gas, Kazakhstan has opened its energy sector for further development jointly with foreign oil and gas-producing companies.
The total number of industrial enterprises of China ranks first in the world. Currently, about 3/5 of the labor force working in heavy industry have generated half of the industrial output.[i].
Since Turkmenistan is an energy-rich Central Asian country with significant hydrocarbon reserves, the oil and gas industry is a key contributor to the country’s economic growth. Nowadays, natural gas, crude oil and oil products make up about 80% of the country's exports.
In 2014, the Central Bank of Azerbaijan stated that the banking sector in Azerbaijan started to develop as a result of ongoing positive dynamics of macro indicators and regulations which were characterized by the role of banks in the economy.
As Kyrgyzstan is an oil importer country, low oil prices in the world market have contributed to high consumption and growth in the country.
Despite the negative effects of the global financial crisis on the economy of Uzbekistan, the developments in 2015 demonstrated that Uzbekistan achieved a considerably high economic growth rate and macro economic stability due to the consistent implementation of the economic pr
Vietnam became the first trade partner of the Eurasian Economic Union (EEU) as a result of the ratification of the agreement on free trade zone on April, 29, 2016.
There is a huge potential for the development of renewable energy sources (RES) in Uzbekistan.