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West Asia
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…
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South Asia
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…
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Central Asia
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…
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Central Asia
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,…
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West Asia
“Turkey and Russia need each other”
Turkey and Russia need each other, Minister of Economy of Turkey Nihat Zeybekci said, TRT Haber TV channel reported June 16, Trend cited. He said that Ankara and Moscow shouldn’t sacrifice their bilateral relations. The minister added that Turkey has all that Russia needs and vice versa. Zeybekci also expressed…
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Central Asia
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…
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East Asia
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…
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East Asia
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…
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West Asia
Turkey to appoint new envoys to Russia, France, Israel
Ankara is making a host of new diplomatic appointments, including to UN, EU, Baghdad, Paris, Moscow, Anadolu Agency reports. Turkey is set to appoint more new ambassadors, including to Greece, Iraq, Ireland, Israel, Russia and France, Turkish diplomatic sources told Anadolu Agency on June 13. Turkey’s Permanent Representative to the…
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West Asia
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…
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