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East Asia
Australian sinologists positive on ties with China
By Li Feng from People’s Daily China and Australia should intensify collaboration in politics, economy, culture as well as peoples based on their current sound ties, Australian experts on Chinese studies expressed their optimism over bilateral ties at a symposium held in Sydney on Friday. “Australia-China relations are good overall”,…
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West Asia
Turkey accelerates the construction of Baku-Tbilisi-Kars railway
Turkey will accelerate the construction of the Baku-Tbilisi-Kars (BTK) railway project, said Ahmet Arslan, Turkish Minister of Transport, Navigation, and Communications. “Baku-Tbilisi-Kars Railway project is very important for the region. The missing link of the Iron Silk Road will be completed at the end of this year. There is a…
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Central Asia
Russia sacrificing Turkey due to a pilot’s mistake, Erdogan says
Turkey is ready to restore relations with Russia, but does not know what type of the first step Russia expects from Turkey, Turkish President Recep Tayyip Erdogan said. “I do not understand what kind of the first step is being expected from us. We are not a country that is…
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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
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
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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West Asia
Iranians consume 60 million liters of alcohol annually
Iranians spend about $216 million on alcoholic drinks and 60 million liters of alcohol is consumed in the country annually, Mohammad-Reza Qadirzadeh, the official of the Iranian Legal Medicine Organization (ILMO) said. He said, “Most of the alcoholic drinks made clandestinely and sold illegally, are found to contain harmful substances…
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