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“Georgia is a new destination of globetrotters”

“Georgia is a new destination of globetrotters”

Georgia as a country of an ancient civilization locates in the middle of Caucasus region. The natural beauties and historical heritages are very attractive for global tourism. Edita Badasyan, the reporter from Georgia, made an interview with Daria Kholodilina, from Brand Development Department at Georgian National Tourism Administration. Ms. Kholodilina points out the importance of […]

Iran rejects oil proposal of Hungary

Iran rejects oil proposal of Hungary

A National Iranian Oil Company (NIOC ) official, while pointing to MOL Group’s request to import light crude from Iran, said the country is not ready to deploy the oil product to the Hungarian company, Mehr News Agency reports. Executive Director for International Affairs at National Iranian Oil Company (NIOC) Seyed Mohsen Ghamsari pointed to […]

First McDonald’s to be opened in Armenia

First McDonald’s to be opened in Armenia

A Georgian businessman may open the first ever McDonald’s restaurant in rival Armenia, Democracy and Freedom Watch cited Sputnik Armenia’s report. The news agency reports that the opening of the first of the chain’s restaurants in Armenia was decided at a meeting of managers in Orlando, U.S. “I got agreement from McDonald’s main office to […]

Remittances from Central Asian labor migrants sharply decrease

Remittances from Central Asian labor migrants sharply decrease

According to the Central Bank of Russia, in the first quarter of 2016 money remittances from Russia to CIS countries amounted to $914 million, which is almost twice as less than in the first quarter 2015 ($1.781 billion) and 3.7-fold less than in the same period in the pre-crisis year 2014 ($3.364 billion), The Times […]

Uzbekistan closes borders before the summit

Uzbekistan closes borders before the summit

Uzbekistan has temporarily closed its border with four of its neighboring countries, the Uzbek State Border Service said in a statement, Trend news agency reported. People, vehicles, and goods from Kyrgyzstan, Tajikistan, Kazakhstan and Turkmenistan and will be unable to enter the country between June 15 and June 25. While authorities gave no official reason […]

Turkmenistan to expand exploration of oil fields

Turkmenistan to expand exploration of oil fields

One of the priority directions of exploration of the State Corporation “Turkmengeology” at the present time is the search for oil deposits. In connection with reliable security proved natural gas reserves for many years, “Turkmengeology” the last time orients the main volumes of geological exploration in search of oil deposits, Ministry of Oil and Gas […]

Iran to tighten competition by producing ‘custom’ crude oil

Iran to tighten competition by producing ‘custom’ crude oil

Iran is pursuing a new policy in the oil market by entering a fresh round of competition with countries that have less heavy crude oil production such as Saudi Arabia, Kuwait, UAE and Russia, Mehr News Agency reports. Due to an increase in production of heavy crude oil (or extra heavy crude oil) in Iran’s […]

Tajik-Chinese industrial zone to be established in Tajik city of Istiklol

Tajik-Chinese industrial zone to be established in Tajik city of Istiklol

Construction of a large metallurgical plant to produce zinc and lead has begun in the city of Istiklol in the Sughd province in northern Tajikistan. It will be the first production facility of a new Tajik-Chinese industrial zone in the city, The Times of Central Asia reported. The Governor of the Sughd province, Abdurakhmon Kodiri, […]

China supporting expansion of co-op with Turkmenistan

China supporting expansion of co-op with Turkmenistan

The Chinese government attaches great importance to all kinds of cooperation with Turkmenistan, said Song Tao, minister of the International Liaison Department of the Chinese Communist Party, Trend reports. He made the remarks at the meeting with Turkmenistan’s President Gurbanguly Berdimuhamedov in Ashgabat, the Turkmen Vatan TV channel reported June 15. The sides noted during […]

Turkey to build industrial city in Iran

Turkey to build industrial city in Iran

Head of Iran’s Chamber of Commerce Mohsen Jalalpour said that Turkey is planning to construct an industrial city in Iran, ISNA reports. “Istanbul’s Chamber of Industries will build an industrial city with 140 units in Iran,” Jalalpour told reporters on June 15, He reiterated that Turkey will invest $10 billion in the construction of the […]

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