Nowadays, Russia is strongly interested in developing its continental shelves in order to enlarge the oil and gas potential of the country.
The ECO is a regional organization established for stronger cooperation and deeper regional integration in 1985 with the joint efforts of Turkey, Pakistan, and Iran.
Currently, the regional economic integration has become one of the main conspicuous issues in the global economy.
Last year was marked by significant changes in the economic structure of Kazakhstan.
On February 12, 2017, the fifth presidential election was held in Turkmenistan. According to the Central Election Commission of Turkmenistan, the turnout in the election was 97.27% or 3,140,865 of registered voters.
Iran and P5+1 countries (China, France, Germany, Russia, the United Kingdom, and the United States), after 2 years of negotiations on the Iranian nuclear program signed the Joint Comprehensive Plan of Action (JCPOA) on July 14, 2015.
During the Soviet Union, Dushanbe and Tashkent used to have the tightest economic cooperation within the Central Asian region.
The Eurasian region gained special importance after the collapse of the Union of Soviet Socialist Republics. The region attracts the attention of the great powers with its socio-economic, cultural, political and security aspects and the energy resources it possesses.
Over the last two decades, the banking sector has expanded significantly in the economy of Kazakhstan. The highest development in the banking sector took place in the period between 2000 and 2008 (until 2008 world economic crisis).
Since independence in 1991, Uzbekistan has declared the protection and preservation of the historical and cultural heritage as a fundamental principle of its public policy.