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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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Central Asia
Baku-Tbilisi-Kars railway to open this year
Baku-Tbilisi-Kars railway will be ready this year, stated by Prime Minister of Azerbaijan Artur Rasizade, Azerbaijani media reports. Baku-Tbilisi-Kars railway is being constructed on the basis of an agreement between Georgia, Azerbaijan and Turkey. Its total length is 826 kilometers. After the railway will start functioning, it is expected that…
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East Asia
LG to produce electric car for Iran
LG Group will produce the electric car for the Iranian market. LG and the Iranian government recently signed an agreement for the development. The agreement only lays out the issues in broad strokes and is to be followed a proper contract later, the Chosun Ilbo reports. An LG Corp. staffer…
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South Asia
Iran to build wind farm in Kazakhstan
Iran will construct a wind park in Kazakhstan to generate electricity. The agreement was signed between Iran’s Power and Water Equipment & Services Export Company (SUNIR) and Eurasia Invest Group in Tehran on May 14, PressTV reports. According to the agreement, Iran will establish a 50-megawatt wind power plant in…
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East Asia
Russian export to ASEAN market will rise to 10% by 2020
Pyotr Fradkov, Chief Executive Officer of the Russian Export Center said that the center forecasts Russian export to ASEAN countries will grow from 1.5% to 10% by 2020. “Now we have 1.5% on the market but I believe 10% will be a decent share. It’s fairly achievable by 2020,” he…
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South Asia
Tajikistan, Kyrgyzstan, Afghanistan, Pakistan inaugurated CASA-1000 project
The $1.7 billion CASA-1000 project was inaugurated among Afghanistan, Pakistan, Tajikistan and Kyrgyzstan in Dushanbe on May 12. Tajik President Emomali Rahmon, Afghan Chief Executive Abdullah Abdullah, Pakistani Prime Minister Nawaz Sharif, and Kyrgyz Prime Minister Sooronbai Jeenbekov attended the inauguration. RFERL reports that the CASA-1000 provides a 1,222-kilometer power-transmission…
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Central Asia
Russia plans to ban all Turkish vegetables and fruits
Rosselkhoznadzor – Russian Federal Service for Veterinary and Phytosanitary Surveillance plans to ban vegetables and fruit imports from Turkey after May 16. Deputy head of Rosselkhoznadzor, Yulia Shvabauskene, said that agency works on this issue seriously, “they continue to find Turkish food products that need to be quarantined,” Interfax reported.…
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West Asia
Egypt to launch 4G mobile networks
Egypt will launch 4G licenses for the four mobile operators in the country within two months, and the value will depend on each company’s needs of available frequencies, communications and information technology ministry said in a statement on Sunday. According to Egypt’s Al-Ahram newspaper, legal drafting will be completed in…
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Central Asia
Iran is ready to freeze oil production regime
Iran has declared its readiness to freeze the oil production. Mohsen Qamsari, the director for international affairs of the National Iranian Oil Company (NIOC) said that Iran reached the desirable oil output to proceed with freezing its production, Press TV reports. He told that Iran’s current production of oil stands…
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West Asia
Azerbaijani MP calls for visa-free regime with Turkey
The visa regime between Turkey and Azerbaijan should be cancelled or visa validity period should be extended, Siyavush Novruzov, MP and Deputy Executive Secretary of the ruling New Azerbaijan Party (YAP) said. He said that Turkey and Azerbaijan are one nation, two states, “Turkey always supports Azerbaijan as brother country.…
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