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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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Central Asia
Kazakh policeman adopts five children of different ethnics
Galym Arystanbayev, a senior policeman in Kazakhstan adopted five children, in addition to three of his own. Yerbolat Uatkhanov, the reporter of The Astana Times, wrote the story of the man who always wanted to have a big family. He said, “I have a big family and Aliya, my wife,…
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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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East Asia
Chinese FM to visit Kazakhstan, Uzbekistan and Kyrgyzstan
Chinese Foreign Minister Wang Yi will visit Kazakhstan, Kyrgyzstan and Uzbekistan on May 21-24, Foreign Ministry spokesman Hong Lei said on May 18. At the invitation of Foreign Minister Idrissov of the Republic of Kazakhstan, Foreign Minister Abdyldaev of the Republic of Kyrgyzstan and Foreign Minister Kamilov of the Republic…
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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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Central Asia
Iran tenders for oil, gas exploration in Uzbekistan
Iran announced the submission a tender for oil and gas exploration projects in Uzbekistan. Mehr News reported that the director of special projects of the National Iranian Drilling Company (NIDC) Hamid Bord shared Iran’s reply to Uzbekistan’s tender offer for oil and gas explorations saying “recently, we put in a…
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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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