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Central Asia
EU to extend anti-Russia sanctions
European Union agreed to extend economic sanctions against Russia until late January 2017. According to Sputnik, the summit of EU leaders is scheduled for June 28-29. Extending the EU economic sanctions against Russia, which are due to expire in July, is likely to be on the summit’s agenda. Relations between…
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South Asia
Kazakhstan’s trade with CAREC countries reaches $22 billion
The volume of trade turnover between Kazakhstan and the countries of the Central Asia Regional Economic Cooperation (CAREC) increased from 17.5 to 22 billion dollars from 2010 to 2015, Vice-Minister of National Economy of Kazakhstan Timur Zhaksylykov has said today during I Forum of the analytical centers of Central Asia.…
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Central Asia
Russia Tests Short-Range Anti-Missile System
Russian Air Force has tested a new short-range anti-ballistic missile system, the Defense Ministry said in a statement on June 21. The launch took place in Kazakhstan. “We successfully completed the task, hitting the target at the scheduled time,” said Aerospace Force Air Defense Chief Viktor Gumyonny. “At 7:00 a.m.…
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East Asia
SCO expected to embrace new members in upcoming Tashkent summit
By Zhao Cheng from People’s Daily The heads of state from the Shanghai Cooperation Organization (SCO) countries are expected to take India and Pakistan to the next stage in a process of attaining full membership at the Tashkent summit to be held in late June. If so, the SCO will…
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Central Asia
Eurasian Union to hold expert talks with Iran
Member-countries of the Eurasian Economic Union (EAEU) will hold expert-level talks on creating a free trade zone (FTZ) with Iran at the end of June, Russia’s First Deputy Economic Development Minister Alexei Likhachev told TASS on June 16. “The talks are scheduled for late June. These will be consultations at…
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Central Asia
“Turkey seeks reconciliation with Russia”
Turkey, which bears primary responsibility for the tension, was expected to be the first to seek to settle disagreements – and it has been doing so for several months, expert in Turkic studies Gevorg Petrosyan told Tert.am as he commented on the latest developments in Russia-Turkey relations. “I think it…
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Central Asia
Three International Space Station astronauts land in Kazakhstan
An International Space Station crew including an American, a Briton and a Russian landed safely on June 18 in the sun-drenched steppes of Kazakhstan. The Soyuz space capsule carrying NASA’s Tim Kopra, Tim Peake of the European Space Agency, and Roscosmos’s Yury Malenchenko landed on June 18 about 145 kilometers…
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Central Asia
Western Europe remains Russia’s largest foreign investor
Russia retained the eighth position among European countries by level of foreign direct investment, Tass reports. The number of foreign direct investment (FDI) projects in Russia grew 61% to 201 in 2015, which made Russia one of the leaders in terms of growth rates of the number of such projects,…
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Central Asia
Outflow of Capital From Russia Decreased Almost by 9 Times
Vladimir Putin said that the outflow of capital from Russia has decreased almost by nine times, Sputnik reports. The outflow of capital from Russia has decreased almost by nine times, Russian President Vladimir Putin said on June 17. “The outflow of capital in our country has decreased by [many] times……
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Central Asia
Cash collectors bring $212,000 fake money to Russian bank
A bank in Tatarstan’s capital Kazan has reported to police the swapping of banknotes worth 14 million rubles (over $212,000) for counterfeit money, a spokesperson for the Russian Interior Ministry said on June 16, TASS reports. “According to preliminary reports, some banknotes brought to the bank by cash collectors were…
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