Court of Canada has lifted freezing of all shares of Kyrgyzaltyn JSC in Centerra Gold Inc. The shares were frozen as part of proceedings on recognition and enforcement of arbitral decisions against the Kyrgyz Republic at the expense of Kyrgyzaltyn assets. However, the Supreme Court of Ontario (Canada), having considered the petition of Kyrgyzaltyn JSC…
Belarus and Zimbabwe intend to step up cooperation in trade and economic affairs, the press service of the Embassy of Belarus in Russia reported after Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Igor Petrishenko met with Ambassador Extraordinary and Plenipotentiary of Zimbabwe to the Russian Federation with concurrent accreditation to Belarus Mike Nicholas Sango…
Azerbaijan plans to increase investments in Turkey up to $20 billion until 2018, said Azerbaijan’s Economy Minister Shahin Mustafayev. “Currently, the volume of Azerbaijani investments in Turkey totals $8 billion”, said Mustafayev. He also noted that Turkey had invested nearly $10 billion in Azerbaijan. More than 1,700 Azerbaijani companies operate in Turkey and the number…
71 projects have been implemented in Karaganda region under the Industrialization Map. 54 of them are running at full capacity now, according to Tolegen Igembayev, Head of the Regional Department for Industry and Industrial-Innovative Development. 94 projects worth more than 1350 billion tenge with the creation of over 11,000 jobs have been included in the…
Tajikistan attracted $6.663 billion in foreign investments in 2007-2015, according to the State Committee on Investment and State-owned Property Management (GosKomInvest). A totaled reportedly included $2.877 billion attracted in foreign direct investment (FDI), $3.785 billion of loans attracted by enterprises and organizations, and $1.8 billion of portfolio investment (portfolio investments include transactions in equity securities,…
Ninety four countries have officially confirmed their participation in International Specialized Exhibition EXPO-2017, to be held in Kazakhstan’s capital Astana, the Kazakh National company “Astana EXPO-2017” said on July 25. As many as 56 countries have already signed contracts on participation. The latest contracts have been signed by Italy and South Korea. The World’s Fair…
The Government of Kyrgyzstan has approved the Concept of development of the jewelry industry of the Kyrgyz Republic until 2018. There are currently about 255 gold deposits in Kyrgyzstan, total reserves of which amount to 2,149 tones. The main part of gold is mined at Kumtor mine, gold production of which is ranked the 3rd…