Category Archives: Uncategorised

New Silk Road shapes up in Kazakhstan

MARCH 25 2014 (The Conway Bulletin) — Along Kazakhstan’s southern border hundreds of labourers are working on a project that is supposed to reignite the old Silk Road and turn the country into a central trading hub once again.

It’s an ambitious $5.5b project to build a road that crosses this vast arid land prone to freezing, heavy winters and burning, hot summers.

Kazakh president Nursultan Nazarbayev inaugurated the project in September 2009. Nearly five years later, work is still ongoing.

At a roadside outside Shymkent, a teeming city of 650,000 people on the border with Uzbekistan, Baurzhan surveyed his road-building teams.

“Our company is a small private local enterprise and we won a small tender. Together with other local companies we are building most access roads and smaller sections of the highway,” he told a Conway Bulletin correspondent.

“Our work is going well, but severe weather has delayed our work by at least three months.”

Heavy snow storms have smashed into southern Kazakhstan this year, flooding villages and infrastructure.

The road is supposed to link Lianyungang on China’s eastern coast with St Petersburg in Russia. It’s an 8,445km stretch, with 2,787km cutting through the Kazakh steppe.

But there is some debate over whether Kazakhstan will actually benefit from this super-highway.

In Shymkent, Nurzhan, a 26-year-old British educated university graduate, said: “The road won’t benefit Kazakhstan, as we will only be the link between two bigger markets.”

A commercial truck driver disagreed. “My brother is buying fifty brand new trucks,” he said. “We hope this investment will bring returns as soon as trade starts.”

ENDS
Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 177, published on March 26 2014)

New Uzbek mobile operator speeds up entry

MARCH 24 2014 (The Conway Bulletin) — UzMobile, the new mobile operator in Uzbekistan run by Uzbektelecom, will be exempt from paying licence fees for five years, local media reported quoting the government. The Uzbek government is keen to set up its own mobile company after foreign companies working in the sector ran into various regulatory problems.

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(News report from Issue No. 177, published on March 26 2014)

Georgia and Russia resume talks

MARCH 25 2014 (The Conway Bulletin) — Georgia and Russia resumed bilateral talks in Geneva aimed at repairing relations after their brief war in 2008. Analysts had speculated that Russia’s move into Crime, Ukraine, this month may have derailed the talks. Georgia has strongly criticised Russia’s annexation of Crimea.

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(News report from Issue No. 177, published on March 26 2014)

Uzbekistan introduces banking hurdles

MARCH 24 2014 (The Conway Bulletin) — The Uzbek government aims to stop cash leaving the country by forcing local companies to get written permission from the Central Bank before opening foreign bank accounts, media reported. Foreign companies have long complained that repatriating profits is a major problem for businesses in Uzbekistan.

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(News report from Issue No. 177, published on March 26 2014)

Tajikistan’s TALCO denies bankruptcy claim

MARCH 25 2014 (The Conway Bulletin) — TALCO, the Tajik aluminium smelter and the country’s largest single industrial asset, has denied an earlier ministry of finance statement that accused it of being on the brink of bankruptcy, local media reported. TALCO is controversial because of its links to Tajik President Emomali Rakhmon.

ENDS
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(News report from Issue No. 177, published on March 26 2014)

Armenia looks to Iran for gas

MARCH 25 2014 (The Conway Bulletin) — Armenia may quadruple its gas imports to 2b cubic metres a year from Iran, media reported quoting Armenian energy minister Armen Movsisyan. Over the past few years Armenia and Iran have improved relations. Both countries have been searching for regional allies.

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(News report from Issue No. 177, published on March 26 2014)

Thousands protest against Armenia’s new pension plan

MARCH 23 2014 (The Conway Bulletin) — Several thousand people demonstrated against the government’s new pension scheme that means that people born after 1974 have to pay 5% of their salary into a central pot. The demonstration was the biggest against the scheme for some time, indicating how passionately people feel about it. There have been several protests this year.

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(News report from Issue No. 177, published on March 26 2014)

Kazakhstan builds new $55m French embassy

MARCH 20 2014 (The Conway Bulletin) — The Kazakh government plans to buy a new embassy building in Paris for $55m, media reported. The vice-minister for foreign affairs, Rapil Zhoshybayev, defended the purchase as value for money because the housing market in Paris is rising. Kazakhstan has been upgrading its embassies around the world.

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(News report from Issue No. 177, published on March 26 2014)

Coalition building begins in Kyrgyzstan

MARCH 20 2014 (The Conway Bulletin) — Kyrgyz president Almazbek Atambayev tasked his Social Democrat party with forming a government after the Ata Meken party walked out of a coalition, causing it to collapse earlier this month. Forming a stable government from Kyrgyzstan’s fractious parliament is notoriously difficult.

ENDS
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(News report from Issue No. 177, published on March 26 2014)

Uzbek FM visits the EU

MARCH 18 2014 (The Conway Bulletin) — Uzbek foreign minister Abdulaziz Kamilov flew to Brussels to attend a meeting with his EU counterparts. The trip was relatively controversial because of Uzbekistan’s poor human rights record. Uzbek President Islam Karimov cancelled a trip to Prague earlier this year because none of the minister would meet him.

ENDS
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(News report from Issue No. 176, published on March 19 2014)