FEB. 25 2020 (The Bulletin) — Kazakhstan and Iran signed a deal to build a joint special commercial zone in Aktau that will be aimed at helping shift goods between Iran and Central Asia. Media reports said it will cost around 15m euros to build the 5 hectare site in Aktau. Relations, and trade, between Iran and Central Asia have been increasing over the past five years. Kazakhstan’s main exports to Iran are barley, wheat and rolled iron. Iran sends pistachios, dates, apples, plastics, tableware and meat processing equipment to Kazakhstan and Central Asia.
— This story was first published in issue 438 of the Central Asia & South Caucasus Bulletin
— Copyright the Central Asia & South Caucasus Bulletin 2020
DEC. 17 2019 (The Bulletin) — Georgia’s government extended to Dec. 31 a deadline for the partners developing the Anaklia port on the Black Sea to submit new loan agreements after they missed a Dec. 16 deadline. The Anaklia was supposed to be the biggest infrastructure project built in Georgia, opening it up to more East-West cargo traffic, but instead each side has accused the other of undermining progress. The partners are TBC Holding, the US’ SSA Marine, Britain’s Wondernet Express and Bulgaria’s G-Star.
— This story was first published in issue 432 of the weekly Bulletin on Dec. 27 2019
Copyright owned by the Central Asia & South Caucasus Bulletin
AN. 14 (The Conway Bulletin) — Georgia and Azerbaijan will jointly fund the construction of a new terminal at the Georgian city of Batumi on the Black Sea, media reported. The terminal will specialise in the loading and unloading minerals and fertilisers and add to the ports of entry and exit for goods moving across the South Caucasus. Reports said that US companies Wondernet Express Investments and Trammo will also invest in the project.
>>This story was first published in issue 397 of The Conway Bulletin on Jan. 20 2019