According to the reports of the International Monetary Fund (IMF) and other international organizations, China, which has the second largest economy in the world, grew steadily until 2008 with approximately a 10% growth rate. China has become one of the leading economies in the
On June 23-24, 2016, 15th Summit of Shanghai Cooperation Organization (SCO) was held in Tashkent under the chairmanship of the President of Uzbekistan, Islam Karimov.
The energy relations between Azerbaijan and Georgia have shown a significant development which serves as a primary factor that have been strengthening their bilateral relations since 1992.
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
Over the last three decades, China has reached a high economic growth rate. Now, functioning in an open economy, Chinese business firms need to enter global markets and participate more actively in global competition.
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
Since the beginning of the civil war in Syria, the European Union (EU) countries started suffering from massive illegal migrant influx to Europe.