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Kazakh and Uzbek ties improving

JUNE 16 2017 (The Bulletin) — On the sidelines of the Astana Economic Forum, Kazakh deputy foreign minister Roman Vassilenko said that there had been positive developments in bilateral relations with Uzbekistan since Shavkat Mirziyoyev took over as president in 2016. “Since September last year there have been positive developments with Kazakhstan and its relations with Uzbekistan,” he told journalists at a briefing. Mr Mirziyoyev has made improving relations with neighbours, tense under his predecessor Islam Karimov, a cornerstone of his presidency.

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Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 333, published on June 19 2017)

Kazakhstan’s KMG readies for IPO

JUNE 12 2017 (The Bulletin) — Kazakhstan’s state-owned oil and gas company Kazmunaigas is in advanced stages of its preparations for an IPO next year, the FT quoted its CFO Dauren Karabayev as saying. The Kazakh sovereign wealth fund Samruk Kazyna owns 90% of the company and the Central Bank owns the other 10%. Kazmunaigas will list alongside Air Astana and Kazatomprom next year on the new Astana Stock Exchange. There is also likely to be a secondary foreign listing but it is currently unclear where this will be, although analysts have said that London is a favoured option.

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(News report from Issue No. 333, published on June 19 2017)

 

Rosatom to update Armenia nuclear plant

YEREVAN, JUNE 13 2017 (The Bulletin) — Russian energy company Rosatom said it was going to start repair works on Armenia’s nuclear power station, Metsamor, next year.

The repair works, which Rosatom has said will extend the lifespan of the nuclear plant to 2026, are controversial because both the European Union and the United States have called on the plant to be decommissioned as it is built in an earthquake-prone area.

Several years ago, the European Union offered Armenia $300m to close down the plant, an offer that the Armenian government, possibly under pressure from Russia, declined.

After meeting Armenian PM Karen Karapetyan, Rosatom director- general said: “Armenia’s nuclear facilities will in fact be thoroughly upgraded. Our common goal today is to move clearly on the agreed schedule, observing the unequivocal priority of quality work and safety requirements.”

For Armenia, the Soviet-built nuclear plant is a vital part of its power generation system, producing around 40% of the country’s electricity.

The deal for the maintenance work to extend the lifespan of Metsamor was agreed in 2014, with Russian finance for the project and Rosatom’s role finalised the following year. Russia agreed to lend Armenia $230m to fund the modernisation scheme and also added a $30m grant.

Rosatom has said that the main focus of their work is the modernisation of the plant’s cooling towers, its turbine unit and control and safety systems.

The original plan for the maintenance work was to schedule it for 2017, closing the plant for six months.

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Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 333, published on June 19 2017)

 

Kazakh CB to use Bitcoin

JUNE 12 2017 (The Bulletin) — Kazakhstan’s Central Bank said that it was road testing a Bitcoin application for selling short-term notes. Bitcoin is a controversial technology as it has been associated with money laundering and other crimes. It’s technology, though, has been acclaimed for allowing multiple small trades at a low cost. The Kazakh Central Bank said it was looking at using the technology for selling 100 tenge notes (around a third of a US dollar).

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(News report from Issue No. 333, published on June 19 2017)

Uzbekistan to build fruit farm

JUNE 13 2017 (The Bulletin) — Uzbekistan’s President Shavkat Mirziyoyev officially kicked off construction of a fruit farm in the Andijan region of the Ferghana Valley, highlighting a drive by the authorities to increase exports to neighbours. Media reported that the 615-hectare project will cost $24m and be operational by the end of the year.

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Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 333, published on June 19 2017)

 

ILO criticises Kazakhstan

JUNE 12 2017 (The Bulletin) — The International Labour Organisation (ILO), a UN body, effectively accused Kazakhstan of ignoring its demands made 12 months ago to improve the rights of workers’ unions to operate. In a draft ILO committee memo, it said that the environment for unions to operate had worsened and not improved over the past year. Courts in Kazakhstan have disbanded the biggest trade union and imprisoned two union leaders for a series of unrelated offences. In 2016, unions organised a series of anti-government protests. The Kazakh government hasn’t responded to the ILO statement.

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(News report from Issue No. 333, published on June 19 2017)

Armenia accuses Azerbaijan

JUNE 16 2017 (The Bulletin) — Armenia-backed forces accused Azerbaijan of killing three of its soldiers in another spike in violence around the disputed region of Nagorno-Karabakh. Tension has really been reduced since fighting in April 2016 killed several dozen people. Analysts have said that there is a greater chance of all-out war over the region now than at any time since a UN- imposed ceasefire in 1994.

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(News report from Issue No. 333, published on June 19 2017)

Azerbaijan jails opposition activist

JUNE 16 2017 (The Bulletin) — A court in Baku sentenced opposition activist Fuad Ahmadli to 16 years in prison for stealing people’s personal data when he worked at mobile phone operator Azerfon.

Ahmadli’s supporters have said that the allegations are fraudulent and part of a government crackdown against dissenters. Ahmadli was a activist for the main opposition group, the Popular Front Party.

European politicians have accused the Azerbaijan government of cracking down on opposition members and journalists. The Azerbaijani government has said that the EU is being naive and that it is rooting out people who are in favour of regime change.

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Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 333, published on June 19 2017)

Turkmenistan increases security after threat

JUNE 15 2017 (The Bulletin) — Turkmenistan has boosted its security over the past few days because it has received information that a terrorist attack against it is being planned, the local news service of Radio Free Europe/Radio Liberty reported. RFE/RL quoted a security official as saying that the information came from four men linked to the radical IS group who were extradited back to Turkmenistan from Turkey.

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Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 333, published on June 19 2017)

 

Kazakhstan sets up prison units to tackle extremism

JUNE 13 2017 (The Bulletin) — Appearing to acknowledge that prisons had become a breeding ground for radical Islam, Kazakh officials said that they were going to set up a unit that would specifically look to counter the radicalisation of inmates. Commentators have previously criticised the Kazakh prison service for the poor conditions of its facilities and the ease that radical Islamic recruiters are able to turn previously moderate Muslims into extremists.

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Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 333, published on June 19 2017)