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East Asia
Eurasian Economic Union to cooperate with China
China and the Eurasian Economic Union (EEU) will create trade cooperation for interests of the EEU members. EEU Supreme Council meeting was held in Kazakhstan on May 31. Member states discussed the new cooperation with regional countries. Russian First Deputy Prime Minister Igor Shuvalov said “It would be great to…
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Central Asia
Do you know anything about Kyrgyzstan?
I participated in an international forum last month. I met many people and made a lot of friends. But many of them have not heard about my country. So I was hurt… No, I’m just kidding here. Just it was not pleasant. Even someone asked me, whether Kyrgyzstan is a…
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Central Asia
A city bridge of St. Petersburg named after Chechen leader Kadyrov
St. Petersburg toponymic commission agreed on the proposal to name an unnamed city bridge after Chechnya’s first president Akhmad Kadyrov, The Moscow Times reports. Nine members of the commission supported the new title for the nameless bridge across the Duderhof channel. Six members voted against the motion, which was decided…
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Central Asia
Russia is arming PKK terrorists, Erdogan says
Turkish President Recep Tayyip Erdogan accused Russia of providing anti-aircraft weaponry and rockets to militants of the outlawed Kurdistan Workers Party (PKK), government officials said on Monday, Reuters reports. He spoke to journalists after a visit to the Turkey’s southeastern province of Diyarbakir, Erdogan accused Russia of arming the PKK…
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Central Asia
GM Uzbekistan starts Chevrolet Aveo production
GM Uzbekistan, the former UzDaewooAuto, started the serial production of third-generation Nexia cars, Uzavtoprom (Uzbek Association of Automotive Industry Enterprises) said, Trend reports. The new model is produced on the basis of T-250 (Chevrolet Aveo) platform. The cars will be sold under the Ravon Nexia R3 brand for export and…
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Central Asia
Turkey and Russia can work together, Turkish FM says
Mevlut Cavusoglu, Foreign Minister of Turkey proposed to establish a joint working group with Russia to restore relations on May 30. He told journalists, “Russian President Vladimir Putin said he wants to restore ties and expects us to take steps. We also seek normalization. We suggest creating a joint working…
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East Asia
Top 7 saving countries in Asia
Seven Asian states are the best saving countries in the world with gross national saving, a measure that accounts for both private and public savings according to the data from the International Monetary Fund (IMF), reports Business Asia One. According to the data, China saves the most money in absolute…
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Central Asia
South Ossetia delays referendum on joining Russia
South Ossetia, the breakaway region of Georgia, announced that the referendum on joining Russia will be conducted in 2017, instead of, in August this year. According to the announcement, the referendum is planned to be held after the presidential elections in South Ossetia. Recently Leonid Tibilov, the head of the…
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Central Asia
Putin says Russia ready to restore relations with Turkey
Russian President Vladimir Putin stated that Moscow is ready to normalize relations with Turkey, but the first step should come from Ankara. During the visit to Greece, Russian leader told that it is still unclear why Turkey downed Russian Su-24 aircraft. According to him, Moscow wants to restore relations, “We…
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Taxation must be applied to offshore, Nazarbayev says
Astana, the capital of Kazakhstan hosted the economic and political event, Astana Economic Forum on May 25-26. The theme of the forum is “New economic reality: diversification, innovation and knowledge economy” and major economy experts, analysts, financial institutions, and organizations attended the program. During his speech, Nursultan Nazarbayev, the President…
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