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East Asia
Hyundai will deliver 500 buses to Turkmenistan
Turkmenistan’s Road Transport Ministry will sign a contract with South Korea’s Hyundai Corporation to purchase buses, Trend reports. This is stipulated by the decree signed by Turkmenistan’s President Gurbanguly Berdimuhammedov. Turkmenistan will purchase 496 intraurban Hyundai New Super Aero City buses and four Hyundai New Super Aero City buses for…
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West Asia
Cameron says Turkey will join EU in year 3000
In an interview with ITV, British PM, David Cameron said that Turkey can join the European Union in the year of 3000 because of its current progress. He told that “It is not remotely on the cards that Turkey is going to join the EU anytime soon. They applied in…
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East Asia
Uzbekistan and Korea opened Ustyurt Gas Chemical Complex
Ustyurt Gas Chemical Complex (GCC) was commissioned on May 21 between Uzbekistan and South Korea. Hwang Kyo-ahn, Prime Minister of the Republic of Korea paid an official visit to Uzbekistan to boost economic ties and cooperation. He and his counterpart Shavkat Mirziyayev attended the opening ceremony of the complex. Hwang…
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South Asia
Indian PM Modi arrives in Iran
Indian Prime Minister Narendra Modi arrived in Tehran for his first on May 22. Two countries will sign several agreements to boost relations on politics, trade and transport. This visit provides various meanings for both sides and regional countries. Iran and India relations cover mutual interests which directly affect the…
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South East Asia
India considers accession to Eurasian Economic Union, Kazakh ambassador says
Kazakhstan and India will increase bilateral trade turnover up to $5 billion during the next 2-3 years, The Times of Central Asia reported citing Yerzhan Shaikenov, co-chairman of the Kazakhstan-India Business Council. “We hope that the Business Council will help increase mutual trade and investments. I expect that in two-three…
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East Asia
Goods to be delivered from India to Europe within 14 days
With the railway corridor connecting India to Europe, we will soon be able to deliver goods along this route in no more than 14 days, chairman of Azerbaijan Railways, Javid Gurbanov said in his interview with The Business Year. He talked about the International Trans-Caspian route from China to Baku…
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Central Asia
Kazakhstan redirecting foreign investments for industrialization
This year Kazakhstan will implement seven projects totaling $237 million with the participation of anchor investors and transnational companies, such as JAC, Hikma, Carmeuse Group, Cremonini, Peugeot, Citroёn, IVECO, and Tenaris, in the pharmaceutical, chemical, agro-processing, mining, metallurgical, and construction industries, Kazakh Minister for Investment and Development Aset Isekeshev said…
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West Asia
Deputy PM: Dependence on Russian gas is a big risk for Turkey
Turkey’s Deputy Prime Minister Mehmet Simsek said that dependence on Russian gas supply is a big risk for Turkey, Trend News Agency reports. He made the remarks during a meeting on “Changing dynamics of energy supply security, resource diversification and regional integration” held as part of the General Assembly of…
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East Asia
South Korea to construct terminal at Tashkent airport
South Korea will construct a new terminal of Tashkent International Airport (Tashkent-4) by the end of 2019. Representatives of the Korea International Cooperation Agency (KOICA) have presented official results of a feasibility study for the terminal’s construction in Tashkent, said the press service of the Uzbek Embassy in Kyrgyzstan. Preparation…
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Central Asia
Turkey wants to normalize relations with Russia
Turkey stands for normalization of relations with Russia, Vural Altay, the Turkish Foreign Ministry’s representative for Eastern Europe, told Trend agency on May 17. He told the current crisis between the two countries is in favor of neither Russia nor Turkey. “Turkey has not closed diplomatic channels in order to restore…
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