On October 15, 2017, Kyrgyzstan held its second peaceful power transfer leading to delegation of authority between the members of the Social Democratic Party, which continues to be the ruling party holding the most parliamentary seats.
On March 27, 2017, the heads of governments of the Organization for Democracy and Economic Development – GUAM (acronym standing for Georgia, Ukraine, Azerbaijan and Moldova) member states gathered in Kiev for the first time in almost a decade since its 2008 summit in Batumi, Ge
According to the latest official report provided by the Committee on Statistics of the Ministry of National Economy of Kazakhstan based on the latest collected data, the population of Kazakhstan exceeded 18 million people by the beginning of June of 2017.
In July 2017, Halyk Savings Bank of Kazakhstan (Halyk Bank) officially announced that the bank acquired 96.81% of ordinary shares of Kazkommertsbank (KKB) for two tenge from Kenes Rakishev and the Sovereign Wealth Fund “Samruk-Kazyna”, which owned 86.09% and 10.72% stakes of KK
After the collapse of the Soviet Union in the early 1990s, the new independent Caspian littoral states faced with the necessity to adopt their own strategies towards the development of the coastal territories including energy and transport infrastructure improvement.
On October 6, 2017, Russian Foreign Minister Sergey Lavrov visited Astana to have consultations with his Kazakh counterpart Kairat Abdrakhmanov. At the joint press conference following the talks, Lavrov stated that the V.
The downturn of the oil prices in 2014 produced profound negative effects on the economy of Kazakhstan. The GDP growth in 2015 slowed down to 1.2% for the first time since 2009 and it contracted further in 2016 reaching 1%, which had never happened since 1998.
During his working visit to Aktobe city a few days ago, the President of Kazakhstan Nursultan Nazarbayev familiarized with the work of several industrial enterprises and summed up: “In Aktobe there is a road to China, railway, gas. There are no such conditions in most cities.