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East Asia
South Korea to build textile techno-park in Uzbekistan
Tashkent recently hosted a groundbreaking ceremony for the Korea-Uzbekistan Textile Techno-Park in the territory of the Tashkent Institute of Textile and Light Industry, the Times of Central Asia cites the Jahan information agency report. The project to establish in Tashkent the Textile Training-Research Techno-Park until 2018, implemented by Uzbekistan’s light-industry…
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Central Asia
Chevron Announces Expansion of Kazakh Oil Project
Chevron has announced a $36.8 billion expansion of the Tengiz oil project in Kazakhstan, RFERL reports. The U.S. oil giant said in a July 5 statement that the expansion will increase crude production by 260,000 barrels a day to reach about 1 million barrels a day. The first oil from…
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West Asia
Renault to enter Iran’s car market with new products
French car producer Renault aims to enter Iran’s car market with new products in collaboration with Saipa Motor Corporation and Iran Khodro Company (IKCO), Mehrnews reports. Renault’s cooperation with domestic automakers has become the focus of automotive industry activists since many months ago. Although some had expected Renault would cooperate…
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The concept of “zero problems” was not effective in the last 4 years
Letter of the Turkish President, the normalization of relations between Turkey and Israel, and, on the contrary, a complication of relations between Turkey and Germany is under the constant scrutiny of international and Turkish media and expert community. In this regard, we offer you an interview of The Great Middle…
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Central Asia
Russia ready to construct South Stream gas pipeline
Russia is ready to implement the South Stream natural gas pipeline project in case of Europe’s guaranteed demand, Energy Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news channel on June 28. “Our position is simple, and we’ve outlined it earlier – if Bulgaria and the…
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Central Asia
Russia Capable of Feeding Itself
Russia is capable of feeding itself without importing food, Russian Prime Minister Dmitry Medvedev said on June 27. “Today, we are collecting crops that could put us among the top three grain suppliers to the world market. The level of food security has noticeably increased. Now, Russia is able to…
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West Asia
PKK earns $1.7 billion in drug trade: Ministry report
A narcoterrorism report prepared by Turkey’s Interior Ministry suggests that the outlawed Kurdistan Workers’ Party (PKK) earns nearly $1.7 billion each year through its involvement in the production and trading of cannabis, in addition to drug smuggling, Hurriyet Daily News reports. The PKK earns some 500 million Turkish Liras (around…
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East Asia
Russia and China to produce heavy helicopter
Under the agreement between Russia and China, the Russian helicopters will provide technologies and also develop a technical proposal and separate systems of the new vehicle on a contract basis, Tass reports. The Russian and Chinese governments signed an agreement on June 25 to cooperate under a program to build…
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West Asia
Iran to barter oil with Turkey for rail
Iran has reportedly sealed a deal with Turkey to barter oil for rail. According to Tasnim news agency, the 80-million euro deal, Iran will buy nearly 1,000 kilometers worth of rails from Turkey, Pars Today reports. The report quoted Turkish Transportation, Maritime Affairs and Communications Minister Ahmet Arslan as saying…
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Central Asia
Iran, Kazakhstan to build joint oil refinery in Mazandaran
Iran and Kazakhstan will participate in a project on constructing a joint oil refinery in Amirabad Port in Mazandaran province, head of Industry, Mine and Trade Organization of Mazandaran said on June 26. Mohammad Mohammadpour, Head of Industry, Mine and Trade Organization of Mazandaran, in a meeting with a Kazakh…
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