Uzbekistan to establish another free economic zone
A new free economic zone will be established in Urgut district of Samarkand region in Uzbekistan, said the acting president of Uzbekistan, Shavkat Mirziyoyev during his trip to the region, Trend reports. Mirziyoyev visited Samarkand to review the progress in social and economic reforms in the region, the works carried out in industry, agriculture and […]
Path to self-reliance for Afghanistan
Nematullah Bizhan – The Korea Times The Brussels Conference on Afghanistan this week marks an important opportunity to create a roadmap for the country’s future. While Afghanistan’s current path has led to some progress, it is far from the most direct route to prosperity – not least because of deep flaws in aid delivery and […]
Why Samsung should worry?
John Burton – The Korea Times If I was at Samsung Electronics, I would be worrying about how the issue of exploding batteries with the Galaxy Note 7 has become comic fodder for late night TV shows in the U.S. “There was a terrible terrorist attack last weekend in New York, New Jersey. No one […]
Kazakh and Russian Firms Sign Uranium Enrichment Deal
Firms from Kazakhstan and Russia have signed a deal on uranium-enrichment services, RFERL reports. The agreement was signed on October 4 in Astana by representatives of Kazakhstan’s uranium operator Kazatomprom and Russia’s Center for Uranium Enrichment during Russian President Vladimir Putin’s visit to Kazakhstan’s capital. According to the document, Kazakhstan and Russia will jointly take […]
China to sell 215 subway train wagons to Iran
An Iranian rail company and a Chinese counterpart have signed a contract for the production of 215 subway train wagons. The wagons will be used in three major cities of Tabriz, Shiraz and Isfahan, Trend reports with reference to the IRNA news agency. According to a 2025 outlook, Iran should double the number of its […]
Putin to visit Turkey on October 10
Russian President Vladimir Putin will visit Turkey on October 10, the Presidential Aide Yuri Ushakov said. According to him, Putin will meet with Turkey’s President Recep Tayyip Erdogan and address an energy congress, which will be held in Istanbul on October 9-13, TASS reports.
Russian Finance Ministry puts 3.66% budget deficit in 2016 draft
The Russian Finance Ministry has prepared a draft 2016 budget with a deficit amounting to 3.034 trillion rubles, or 3.66% of the gross domestic product (GDP). Nominal spending was increased by 304 billion rubles to 16.403 trillion rubles and revenue was cut by 370 billion rubles to 13.369 trillion rubles. The Finance Ministry worsened its […]
China to invest Iran’s fisheries, aquaculture
Iran and China have signed agreements which will bring ¥20bn Chinese finance to country’s fisheries and aquaculture, Mehr reports. Mahmoud Hojjati, Minister of Agriculture told Iran’s IRIB news center that meeting with Chinese counterpart hit the agreement by which China would invest in northern and southern fisheries and aquaculture of Iran; “we predict a further […]
Russia’s Rostec may sell 25% stake in Kalashnikov to private investors
Rostec is viewing an opportunity of increasing the stake of private investors in Russia’s largest small arms maker Kalashnikov Concern by 25%, Chief Executive Officer of the Russian state-owned corporation Sergey Chemezov said on September 26, TASS reports. “This issue is at the discussion stage. We will make final decision by the end of the […]
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