Since gaining independence in 1991 Kyrgyzstan has officially been globalized. The relations of the United States (U.S.) with Central Asia commenced in the early 1990s, entailing diplomatic recognition and opening of embassies. According to the agreement between the governments of the U.S.
Successful eastern enlargement brings the borders of the European Union (EU) close to the Post-Soviet countries, namely, Azerbaijan, Belarus, Georgia, Ukraine, Armenia and Moldova.
Since the collapse of the Soviet Union there have been an ongoing competition between the energy generation and irrigation sectors of the upstream and downstream countries in Central Asia. Hence, the downriver countries, Kazakhstan, Turkmenistan and Uzbekistan, mainly consume water for agricultur
Over the past few years China has been ranked at the top of the world’s top energy consumers. China’s total energy consumption increased from 1,470 million tons of coal equivalent (Mtce) in 2000 to 4,260 Mtce in 2014.
For a number of years Kazakhstan has seriously been considering a construction of a nuclear power plant (NPP) on its territory. It was not an unexpected development for a country that hosted the BN-350 fast reactor in Aktau (formerly Shevchenko) in western Kazakhstan during the Soviet times.
Turkmenistan is one of the most important energy-rich countries not only in Central Asia but also in the whole world regarding its oil and natural gas reserves.
Theoretically, inflation targeting (IT) is a monetary policy strategy which is characterized by public announcement of official quantitative targets for the inflation rate over one or more time horizons and by explicit acknowledgement that low and stable inflation is the primary long-run goal of
The foreign direct investments (FDI) have become a key source of growth in many transitional economies. Therefore, attracting the FDI into the national economy has become one of the objectives of the investment policy of Uzbekistan.
China is one of the major trade partnersof Kazakhstan, actually it’s the second trade partner after Russia. Inorder to strengthen the economic relations and to increase the effectiveness of cargo transportation from China to Europe through Kazakhstan, both sides initiated the Khorgos project.
Natural gas is the priority area in the development of the energy sector in Uzbekistan. Uzbekistan is the major gas producing country and it has the largest gas processing capacity in the region.