Tag Archives: Kazakhstan

Trade boosts between Kazakhstan and Uzbekistan

APRIL 29 2017 (The Conway Bulletin) — Bilateral trade between Kazakhstan and Uzbekistan has increased by 37% already, Kazakh president Nursultan Nazarbayev said at a meeting with Uzbek president Shavkat Mirziyoyev in the south of the country. He was comparing the first three months of this year to the same period in 2016. Mr Mirziyoyev has made improving relations with Uzbekistan’s neighbours one of his main policy initiatives since taking over in September last year.

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(News report from Issue No. 327, published on May 5 2017)

Kazakhstan wants to act as OPEC of uranium

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MAY 2 2017 (The Conway Bulletin) — Kazakhstan wants to act as the OPEC of the uranium world, manipulating prices with its supply- side dominance, Samruk Kazyna director Berik Beisengaliyev said in an interview with Bloomberg News. Samruk Kazyna is the Kazakh sovereign wealth fund which owns 100% of nuclear agency Kazatomprom. Kazatomprom mines 40% of the world’s uranium. Earlier this year it said it would cut output, sending depressed uranium prices up.

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(News report from Issue No. 327, published on May 5 2017)

Kazakhstan expects $180m from Kashagan

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APRIL 28 2017 (The Conway Bulletin) — Kazakhstan’s sovereign wealth fund Samruk Kazyna and its state-run energy company Kazmunaigas will receive $180m from the Kashagan oil project in 2017, media reported, quoting Dauren Karabayev, a vice president at Kazmunaigas. The Kazakh economy has been flatlining since mid-2014 when oil prices collapsed. Kashagan, in the Caspian Sea, finally came onstream at the end of last year after a delay of three years.

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(News report from Issue No. 327, published on May 5 2017)

KAZ Minerals CFO to take over as CEO

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APRIL 28 2017 (The Conway Bulletin) — KAZ Minerals, the Kazakhstan- focused copper produced listed on the London Stock Exchange, said that its current CFO Andrew Southam would be promoted to CEO from Jan. 2018. He replaces Oleg Novachuk who has been CEO for 11 years and is set to become the KAZ Minerals chairman.

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(News report from Issue No. 327, published on May 5 2017)

Air China to fly to Kazakh capital

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APRIL 27 2017 (The Conway Bulletin) — Air China said that it will start operating a direct flight between Beijing and Astana from June 1, highlighting the growth in the number of airlines flying directly to Kazakhstan. The route will help strengthen links between China and Kazakhstan. Air Astana already flies an Astana – Beijing service. Astana Airport is opening new passenger terminal too next month which will be able to process more passengers.

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(News report from Issue No. 327, published on May 5 2017)

Kazakh president’s daughter backs health boost

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APRIL 27 2017 (The Conway Bulletin) — Dariga Nazarbayeva, the eldest daughter of President Nursultan Nazarbayev and tipped by some analysts as his successor, has proposed boosting state investment into sport by 30%, media reported. Ms Nazarbayeva is now a senator. She had previously been a deputy PM.

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(News report from Issue No. 327, published on May 5 2017)

Kazakhstan hosts fourth round of Syria talks

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MAY 3/4 2017 (The Conway Bulletin) — Kazakhstan hosted for a fourth time this year peace talks between Russia, Iran, Turkey, the Syrian government and Syrian rebels. In the last round of talks the Syrian rebel contingent failed to show up, undermining the process. A deal was signed by Russia and the other major powers to cease fighting in some areas of Syria. The Syrian rebels walked out of the talks.

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(News report from Issue No. 327, published on May 5 2017)

Kazakh security forces arrest alleged terrorists

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MAY 4 2017 (The Conway Bulletin) — Kazakhstan’s National Security Committee said that on April 20 special forces carried out coordinated anti-terrorist operations in Aktobe in the west of the country and in Shymkent in the south. It said that three men had been arrested in Shymkent and seven in Aktobe.

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(News report from Issue No. 327, published on May 5 2017)

Presidential candidates in Kazakhstan need health test

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MAY 4 2017 (The Conway Bulletin) — In a draft law to be voted on by Kazakhstan’s parliament, candidates for future presidential elections will have to undergo a medical test. Pres. Nursultan Nazarbayev pushed through a raft of tweaks to the constitution earlier this year which he said were designed to shift power to parliament from the presidency in a move that makes Kazakhstan more democratic. His detractors have said that the changes tighten his control over power.

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(News report from Issue No. 327, published on May 5 2017)

Kazakhstan’s drug purchasing overpays for medicines

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APRIL 28 2017 (The Conway Bulletin) — Kazakhstan’s state-run drug purchasing company SK Pharmacia paid nearly four times more than it needed to for various medicines in 2015 in a corruption scheme that cost the Kazakh taxpayer millions, the state’s anti-corruption unit said. SK Pharmacia has been the focus of a major corruption investigation since the end of last year.

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(News report from Issue No. 327, published on May 5 2017)