Turkmen President Gurbanguly Berdimuhamedov discussed the topical issues of bilateral cooperation at a meeting with Qatar’s Foreign Minister, Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, the Turkmen government said. Stressing the broad prospects for the development of trade and economic relations, the sides called for intensifying fruitful partnership in various fields. The oil and gas…
Yovon district of Khatlon region has become a major industrial center of the country. This was stated by the President of Tajikistan Emomali Rahmon, speaking on Monday, September 5, in the course of putting into operation new enterprises of the TALCO chemistry concern. He noted that the industrial might of the Yovon district in recent…
Kazakhstan’s GDP growth is projected at 1.9% in 2017, Minister of National Economy Kuandyk Bishimbayev said. The forecast includes expectation of increase in oil production due to commissioning of the Kashagan field. Forecast for GDP growth for 2016 is still at 0.5%, which was expected earlier. Inflation in 2016 is expected to reach 8.5%, Bishimbayev…
Implementation of Russia’s controversial package of anti-terrorism laws, obliging telecom and Internet operators to store metadata, content of users’ talks and correspondence, will give an additional impetus for development of the domestic industry, Industry and Trade Minister Denis Manturov said. “I positively see (the laws), because we will have a stimulus to develop our industries…
China and Kazakhstan plan to implement 51 joint projects in different spheres in Kazakhstan, Kazakh President Nursultan Nazarbayev said following his working visit to China, according to the president’s press-service. Facilities for two of them have already been built, four more facilities worth $2.5 billion will be completed by the end of 2016, the president…
Azerbaijan invites Iranian entrepreneurs to actively cooperate with local businessmen, said Azerbaijan’s Deputy Economy Minister Sahib Mammadov. Mammadov made the remarks during the Azerbaijani-Iranian business meeting in Baku. The meeting, organized by Azerbaijan Export and Investments Promotion Foundation (AZPROMO), was attended by more than 80 local and Iranian businessmen. Azerbaijani deputy minister said that Azerbaijan…
Russia’s Economic Development Ministry has worsened its forecast for Russia’s gross domestic product (GDP) decline in 2016 to 0.5-0.6% from 0.2%, Minister Alexei Ulyukayev said. The ministry’s basic forecast earlier implied a 0.2% GDP fall in 2016 with an annual average oil price of $40 per barrel. (Prime/Business World Magazine)