E-Bulletin
March 21, 2017
RUSSIA’S OFFSHORE OIL PRODUCTION IN THE CASPIAN SEA: THE CASE OF THE FILANOVSKY AND KORCHAGIN FIELDS
Nowadays, Russia is strongly interested in developing its continental shelves in order to enlarge the oil and gas potential of the country. As one of the major hydrocarbon exporters in the world, Russia is in search for a viable alternative to replace its aging Western Siberian fields, which are experiencing […]
March 14, 2017
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. The ECO is the successor of the Regional Cooperation for Development that was established in 1964, but with the revolution in Iran it was no […]
March 11, 2017
Currently, the regional economic integration has become one of the main conspicuous issues in the global economy. In the recent years, the number of the free trade regime agreements signed between developing countries with transition economies and developed countries has rapidly increased. To date, the number of various agreements on […]
February 28, 2017
Last year was marked by significant changes in the economic structure of Kazakhstan. As a result of low oil prices, the crude oil export revenues reduced to $22.3 billion, which is even lower than in 2015 when it was $31.1 billion and three times lower than in 2011 when it […]
February 21, 2017
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. Gurbanguly Berdimuhamedov was reelected as the President for the third time with 97.69% (3,068,311) of votes. The presidential […]
February 15, 2017
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. Under the agreement, Iran agreed to significantly reduce its stockpile of enriched uranium […]
February 8, 2017
During the Soviet Union, Dushanbe and Tashkent used to have the tightest economic cooperation within the Central Asian region. When the Soviet Union collapsed, the Central Asian republics immediately felt its effect in terms of the economic recession, infrastructural disintegration and political tensions. After the civil war in Tajikistan in […]
February 1, 2017
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. Nowadays, particularly the struggle between the West (mainly the U.S.) and […]
January 25, 2017
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). At that period, growing oil prices and cheap funding in external financial markets […]
January 18, 2017
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. In order to secure its rich ancient history, Uzbekistan pursues a policy of protecting its cultural and historical heritage, which is reflected in the Constitution […]