SEPT. 1 2016 (The Conway Bulletin) — The Asian Development Bank (ADB) approved a $240m loan to help Kazakhstan improve a 185-km highway around its northern Caspian Sea shore to Russia. The road is important to link Kazakhstan to Russia and the South Caucasus via land, giving it further access to European markets. The ADB said the road improvements will open up new trade and investment opportunities.
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(News report from Issue No. 294, published on Sept. 2 2016)