Latest Articles about Economics

Khorgos to Become Kazakhstan’s Trans-Eurasian Transport Hub
On June 28, Kazakhstan’s Senate amended the country’s transport regulations partly to allow for the state railways operator, JSC “NC” Kazakhstan Temir Zholy (KTZ), to develop a transport and logistics company, spearheading the country’s transformation into a Eurasian transport hub (Kazinform, June 28). Exactly how... MORE

Moldovan Prime Minister Returns with Full Hands from Brussels
On June 27-29 in Brussels, Moldovan Prime Minister Vlad Filat wrapped up four agreements between Moldova and the European Union, advancing his country’s European integration process. Filat led a governmental delegation to the high-level annual meeting of the EU-Moldova Cooperation Council. The sectoral agreements just... MORE

Prime Minister Medvedev Visits Grozny
On June 19, the first meeting of the new Russian government commission for the socio-economic development of the North Caucasus took place in Grozny, Chechnya. Prime Minister Dmitry Medvedev presided over the meeting and stated that development of the North Caucasus was “one of the... MORE

Tajikistan Secures New Chinese Loans and Investment
On June 7, Tajikistani President Emomali Rahmon returned home from a week-long tour of China. The tour included a five-day state visit followed by Rahmon’s participation in the 12th summit of the Shanghai Cooperation Organization (SCO) in Beijing. Following the trip, the Tajik President’s office... MORE

Ambitious Iranian-Tajik Projects Face Problems of Geography and Sanctions
Last week, Tajikistan and Iran concluded the ninth meeting of the Joint Economic Commission in Tehran. The two countries signed five agreements in the hydro-electric, oil and health sectors (Ozodi, May 29). The issues of water and hydro-electricity featured prominently in the discussions, including agreements... MORE

China-Kyrgyzstan-Uzbekistan Railway Scheme: Fears, Hopes and Prospects
“It is not important for China as to who will be building this railway line. The most important thing is that it is built,” Chinese Ambassador to Kyrgyzstan Wang Kaiwen said recently about the China-Kyrgyzstan-Uzbekistan railway project, which Bishkek and Beijing seek to implement despite... MORE

Beijing Lays the Groundwork in Tajikistan: A View from the Ground
Meeting on the fringes of the Shanghai Cooperation Organization (SCO) Foreign Ministers’ meeting in Beijing on May 11, Tajik Foreign Minister Hamrohon Zarifi and his Chinese counterpart Yang Jiechi made the usual affirmations of good bilateral relations (Xinhua, May 11). Part of a raft of... MORE

China’s Hydropower Miscalculation
China’s Jinsha River, literally the “Golden Sands” River, could soon live up to its rich name. The approximately 2300-km long upstream section of the Yangtze River is the site of up to 25, planned large-scale (50 MW and above) hydropower projects (Caixun, May 4; Dongfang... MORE

Organized Crime Exploits China’s Growing Links to Latin America
In April 2012, authorities in the prosperous and generally peaceful Caribbean nation of Belize intercepted a shipment of precursor chemicals sent from China and apparently bound for representatives of the Mexican cartel “Los Zetas.” The shipment—sufficient to produce an estimated $10 billion in methamphetamines—highlights growing... MORE

CASA-1000 Opens Doors for Increased Cooperation Between Tajikistan and Pakistan
On May 16-17, members of the Inter-Governmental Council (IGC) met in Dubai to sign the financing agreements for the CASA-1000 energy project (Khovar, May 18). Delegations from the four principal countries, Pakistan, Afghanistan, Tajikistan and Kyrgyzstan, as well as representatives from investor countries, the World... MORE