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Current Situation of the International North South Transport Corridor
The International North-South Transport Corridor (INSTC) project was established in 2000 by Russia, India and Iran with a purpose of creating a corridor shorter than the current maritime Suez Canal transportation route in order to reduce the time and transportation costs of trade in goods. Later on, Belarus, Kazakhstan, Tajikistan, […]
September 29, 2015
V Summit Of The Turkic Council: Common Information Space And Enhancing Multilateral Cooperation
The V Summit of the Turkic Council was held in Astana on September 11, 2015. The main topic of the Summit included the enhancement and the development of multilateral cooperation, particularly, in the field of “media and information” and other various fields. Field of Media and Information: This field was the […]
Tags: International Relations, Turkey
September 22, 2015
Implementation of the Fiscal Policy in the Economy of Kazakhstan in 2015
Kazakhstan, like the other Eurasian countries, has been hit by large external shocks such as low oil prices and slowdown in Russian and Chinese economies. Kazakhstan’s real GDP growth rate reduced from 6% (five-year average) to 1.5% due to reduced domestic demand in 2015. Besides, after the 2009 and 2014 […]
Tags: Economy, Kazakhstan
September 20, 2015
Trade Cooperation Between Kazakhstan and China: Recent Trends and Future Perspectives
In August 30, 2015 President Nursultan Nazarbayev paid an official visit to China to take part in the celebration of the 70th anniversary of the Victory in the Pacific Day. Apart from discussing current issues of mutual interest, the two leaders discussed new opportunities of bilateral trade. The visit ended […]
September 15, 2015
Transition To The Floating Exchange Rate System In Kazakhstan
As a result of low oil prices in the world markets, sanctions against Russia, depreciation of Russian ruble and devaluation in China, Kazakhstan has had to accept the floating exchange rate regime and to start implementation of a new monetary policy since August 20, 2015. Kazakhstan faced a low growth […]
Tags: Economy, Finance, Kazakhstan
September 8, 2015
Current Situation over the AGRI Project (Azerbaijan-Georgia-Romania Interconnector)
The inter-ministerial meeting of the participating states of the AGRI project (Azerbaijan-Georgia-Romania Interconnector) was held in Bucharest on June 24, 2015. During the meeting, the Ministers of the energy sector in charge of the liquefied natural gas project discussed the outcomes of the feasibility study and opportunities for financing. In […]
August 17, 2015
Recent Developments in India-Kazakhstan Energy Cooperation
Kazakhstan is India’s largest trading partner among the Central Asian states. The cooperation on energy resources and trade of natural resources is an important component of the partnership between India and Kazakhstan. The main commercial commodities between the countries are oil and oil products, uranium, asbestos, titanium, pharmaceuticals and agriculture. […]
Tags: Energy, India, Kazakhstan
July 28, 2015
The Asian Infrastructure Investment Bank: Development And Expectations
The first news about the Asian Infrastructure Investment Bank (AIIB) have come up by October 2013. During the meeting held in the course of visit to Indonesia the President of China, Xi Jinping, and the President of Indonesia, Susilo Bambang Yodhoyono, the Chinese president suggested to establish the AIIB in […]
July 21, 2015
Turkmenistan-Iran Energy Cooperation
Nowadays, Ashgabat and Tehran managed to establish more trusting relations, compared with relations between Iran and other Central Asian states. Due to the fact that the two countries share a common state border with the total length over 1000 km and confessional closeness, Turkmenistan and Iran stress the importance of […]
Tags: Energy, Iran, Turkmenistan
July 14, 2015
Benefits of the Membership of the World Trade Organization to Kazakhstan
The final meeting of the Working Group, which officially announced the completion of negotiations on Kazakhstan’s accession to The World Trade Organization (WTO) was held on June 22, 2015, in Geneva. Kazakhstan submitted its initial application on January 29, 1996, but it took nearly two decades to finalize accession talks […]
Tags: Economy, International Relations, Kazakhstan
July 7, 2015
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