Vice Premier Zhang Dejiang will this coming Friday attend the launching ceremony of a trans-national free trade center on the border of China and Kazakhstan in Horgos of northwest China’s Xinjiang Uygur Autonomous Region.
Foreign Ministry spokesman Hong Lei made the announcement Monday afternoon.
Besides the China-Kazakhstan Horgos International Border Cooperation Center, the event will also celebrate the joining together of a China-Kazakhstan railway, according to Hong.
The trade center, spanning the China-Kazakhstan border river near the village of Horgos, covers 3.43 square km of land on the Chinese side and 1.85 square km on the Kazakh side.
Under an agreement signed between China and Kazakhstan in September 2004, the Horgos center will be developed into a “free port” with free trade and investment opportunities. The center will also Continue reading
Korea National Oil Corp., South Korea’s state energy explorer, said it discovered a further 11 million barrels of crude oil in the ADA block in Kazakhstan. Continue reading
Kazakhstan could become a member of the World Trade Organization (WTO) in 2012, Kazakh Prime Minister Karim Massimov said, KazTAG reported.
“We hope Continue reading
Kazakhstan has celebrated Financier’s Day. This day is linked to the introduction of the Kazakh national currency – the tenge – into circulation on November 15, 1993. Since then, the tenge has been functioning under the controlled «floating» exchange rate and convertible for current transactions. The National Bank’s own national currency enabled it alongside the Kazakh Government to conduct their own economic, monetary, and exchange rate policy.
Kazakhstan’s financial system occupies Continue reading
To mark the 20th Anniversary of the Republic Kyrgyzstan the Aitmatov Academy in Richmond honoured 5 people by ICAA on the 25th of November 2011 in York House in Twickenham, London, UK.
The award ceremony was hosted by Bermet Akaeva on behalf her father Professor Askar Akaev, the first President of the Republic of Kyrgystan.
A lot of guests from Russia, Germany, Kyrgyzstan, Kazakhstan, Hungary and local fans of the great Kyrgyz writer were happy to get a warm welcome of the Aitmatov Academy that evening.
Dr.David Holohan, the talk organizer for the Great Britain- Russia Society opened the ceremony and announced the short film about his closed friend Professor James Riordan, the chairman of the International Board of Jury of ICAA, which included 6 more academicians from the UK, Germany, Russia, Kyrgyzstan and Kazakhstan. Continue reading
The Permanent Delegation of the Republic of Kazakhstan to UNESCO
The Embassy of the Republic of Kazakhstan to the United States of America
The Harriman Institute of Columbia University
cordially invite You to attend
Green Desert: The Life and Poetry of Olzhas Suleimenov
Wednesday Continue reading
The Uralvagonzavod Research and Production Corporation, OJSC intends to become a co-owner of transport machine-building enterprises in the Republic of Kazakhstan. The partnership agreement between the corporation and the KTZH National Company, JSC was signed within the framework of the Second Railway Congress that was held in Moscow on November 18-19, 2011.
The representatives of the Press Service of the corporation have informed RusBusinessNews that Uralvagonzavod will purchase shares of the Vostokmashzavod, JSC (Ust-Kamenogorsk) and an interest in the Kazakhstan Railcar Building Company, LLP (Ekibastuz). According to Oleg Sienko, General Director of the corporation, thanks to Uralvagonzavod, Kazakhstan will have a national manufacturer of Continue reading
Kazakhstan’s international energy image is now that of one of the world’s rising oil exporters, an extraordinary feat given that, two decades ago its hydrocarbon output was beyond insignificant when the USSR collapsed. The vast Central Asian nation, larger than Western Europe, has now quietly passed another energy milestone.
Kazakhstan produces 33 percent of world’s mined uranium, followed by Canada at 18 percent and Australia, with 11 percent of global output. Kazakhstan contains the world’s second-largest uranium reserves, estimated at 1.5 million tons. Until two years ago Kazakhstan was the world’s No. 3 Continue reading
* Fitch upgrades Kazakhstan to BBB, outlook positive
* Cites strong balance sheet, GDP growth, oil growth
* Second ratings upgrade for Kazakhstan in Nov
* Analyst forecast more upgrades possible
ALMATY, Nov 21 (Reuters) – Fitch Ratings upgraded Kazakhstan’s sovereign credit rating to BBB on Monday, the second upgrade this month for Central Asia’s largest economy, where expanding oil and metals production are creating a widening buffer against economic shocks.
The Fitch upgrade takes Kazakhstan’s long-term rating a second notch into investment-grade territory and carries a positive outlook based on projected annual GDP growth of Continue reading