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…
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…
Belarus and Georgia intend to increase their trade up to $200 million in 2017. Deputy Prime Minister of Belarus Mikhail Rusy made the statement after the national expo of Belarus in Georgia. Mikhail Rusy noted: “The heads of state have given instructions to reach the trade turnover of $200 million by late 2017. It is…
Norway’s oilfield services company Enhanced Drilling has opened a new workshop and office facility in Baku. The new workshop is located at Salyan Highway 22nd km and features 2,355 square metres of space. The new workshop is three times the size of the facility formerly occupied by Enhanced Drilling in Baku, and features a 15-ton…
Belarus is due to host an investment forum in Minsk on September 29-30. Entitled “Broadening the Horizons: Investment, Finance, Development”, the forum will focus on innovations, inflow of foreign direct investments (FDI), and protection of intellectual property rights. The major goal of the forum is to discuss relevant aspects of investment cooperation and attract the…